Steelcase (SCS) Tops Q4 EPS by 7c, Revenues Beat; Offers 1Q EPS Guidance

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Go back to Steelcase (SCS) Tops Q4 EPS by 7c, Revenues Beat; Offers 1Q EPS Guidance

Steelcase Reports Fourth Quarter and Fiscal 2021 Results

March 23, 2021 4:05 PM EDT

Fourth quarter revenue of $677 million and EPS of $0.06 significantly impacted by COVID-19 pandemicActions to reduce fixed costs and discretionary spending supported profitability for fiscal 2021 while protecting investments to drive future growth Increasing customer engagement driven by publication of company research, positive vaccination trends and improved sentiment about returning to officesCompany provides select financial targets for fiscal 2022

GRAND RAPIDS, Mich., March 23, 2021 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported fourth quarter revenue of $677.1... More