Steelcase (SCS) Falls 5% Following Q2 Miss Amid Supply Chain Issues
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- FedEx falls 4% as FY2027 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Form 8-K STEELCASE INC For: Sep 22
September 22, 2021 4:06 PM EDTEXHIBIT 99.1
Steelcase Reports Second Quarter Fiscal 2022 Results
Orders grew 24% compared to prior year and 12% compared to first quarter
Second 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... More
