Steelcase (SCS) Tops Q4 EPS by 3c, Offers Q1 and FY Guidance

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Steelcase Reports Fourth Quarter and Fiscal 2019 Results

March 19, 2019 4:20 PM EDT

Fourth quarter revenue growth of 18 percent drove strong improvement in earnings Quarterly dividend increased by 7% to $0.145 per shareStrong organic revenue growth expected to continue in the first quarter of fiscal 2020Company provides targets for revenue growth and earnings per share in fiscal 2020

GRAND RAPIDS, Mich., March 19, 2019 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported fourth quarter revenue of $912.4 million and net income of $22.6 million, or diluted earnings of $0.19 per share, which included $16.9 million of... More