Form 8-K STEELCASE INC For: Dec 16

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Go back to Form 8-K STEELCASE INC For: Dec 16

Steelcase (SCS) Shares Fall 6% Following Q3 Miss and Lower Q4 Guidance

December 16, 2021 5:33 PM EST

Steelcase (NYSE: SCS) shares were trading more than 6% lower after-hours following the companys Q3 results, with EPS coming in at $0.08, missing the consensus estimate of $0.09.

Quarterly revenue grew 20% year-over-year to $738.2 million, below the consensus estimate of $767.62 million. Growth was broad-based across all segments,... More