Steelcase (SCS) Misses Q2 EPS by 3c; Raises Q3

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Go back to Steelcase (SCS) Misses Q2 EPS by 3c; Raises Q3

Steelcase Reports Second Quarter Fiscal 2022 Results

September 22, 2021 4:05 PM EDT

Orders grew 24% compared to prior year and 12% compared to first quarterSecond quarter revenue impacted by supply chain disruptions, which are expected to persist into third quarterThird price increase of fiscal 2022 announced in response to continued significant inflationary pressuresOutlook for third quarter reflects revenue growth of 22% to 27% over prior year

GRAND RAPIDS, Mich., Sept. 22, 2021 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported second quarter revenue of $724.8 million and net income of $24.7 million, or... More