Steelcase (SCS) Tops Q2 EPS by 8c, Q3 Guidance Misses Consensus

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/30/2026

1. AMZN
2. INTC
3. COIN
4. PINS
5. RDDT
6. FSLR
7. SNDK
8. FND
9. DASH
10. RBLX

Go back to Steelcase (SCS) Tops Q2 EPS by 8c, Q3 Guidance Misses Consensus

Steelcase Reports Second Quarter Fiscal 2023 Results

September 21, 2022 4:05 PM EDT

Revenue growth of 19% driven by strong backlog, including significant pricing benefitsGross margin improved 60 basis points compared to prior year despite continued significant inflationary pressureThird quarter outlook reflects continued revenue and earnings growth expectations driven by backlog and gross margin improvementCompany announces additional reductions in planned spending and lower quarterly dividend due to uncertain demand environment

GRAND RAPIDS, Mich., Sept. 21, 2022 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE:... More