Steelcase (SCS) Falls 5% Following Q2 Miss Amid Supply Chain Issues

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Go back to Steelcase (SCS) Falls 5% Following Q2 Miss Amid Supply Chain Issues

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

September 22, 2021 4:06 PM EDT

Steelcase (NYSE: SCS) reported Q2 EPS of $0.21, $0.03 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $724.8 million versus the consensus estimate of $763.62 million.

"Our second quarter order growth of 24 percent was better than we expected, and in some parts... More