Steelcase (SCS) Tops Q1 EPS by 8c, Offers Guidance

Go back to Steelcase (SCS) Tops Q1 EPS by 8c, Offers Guidance

Steelcase Reports First Quarter Fiscal 2024 Results

June 21, 2023 4:05 PM EDT

Year-over-year revenue and earnings growth realized in very dynamic environmentGross margin improvement of 530 basis points compared to the prior year driven by pricing benefits and operational efficienciesOutlook projects first half of fiscal 2024 being ahead of pace against full year financial targets

GRAND RAPIDS, Mich., June 21, 2023 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported first quarter revenue of $751.9 million, net income of $1.5 million, or... More