Steelcase (SCS) Misses Q4 EPS by 2c, Offers Guidance
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Steelcase Reports Fourth Quarter and Fiscal 2022 Results
March 23, 2022 4:05 PM EDTFourth quarter results: Orders grew 27% and revenue increased 11% compared to prior year, with broad-based growth across all segmentsSignificant inflationary pressures and supply chain disruptions continued to impact operating results Outlook: First quarter guidance reflects significant revenue growth over prior year and continuation of supply chain disruptions and inflationary pressuresCompany targets strong revenue and earnings growth in fiscal 2023 driven by expected benefits of pricing actions and anticipated stronger demand from companies transforming their... More
