Italian furniture brand Cappellini and British designer Jasper Morrison celebrated three decades of collaboration in 2018. Creative director Guilio Cappellini looks back at designs the pair have produced together, from the iconic Thinking Man’s Chair to the seating at Tate Modern.
Herman Miller’s (NASDAQ:MLHR) fiscal second-quarter 2019 earnings, reported on Dec. 19, revealed steadily improving financial performance. Year to date, sales growth of 7.8% has been supported by order growth of nearly 9%. During the office furniture and collaboration technology icon’s earnings conference call, executives discussed the components behind the stronger numbers and its outlook for at least 7% organic growth in the fiscal third quarter. Below, we’ll look at three comments that illuminate management’s current optimism.
Wall Street analysts expect Knoll Inc (NYSE:KNL) to report sales of $352.00 million for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Knoll’s earnings. The highest sales estimate is $355.70 million and the lowest is $348.30 million. Knoll posted sales of $316.12 million during the same quarter last year, which would indicate a positive year over year growth rate of 11.4%. The firm is expected to announce its next earnings report on Thursday, February 14th.
INSCAPE (TSE:INQ) posted its quarterly earnings data on Thursday, December 13th. The company reported C($0.15) EPS for the quarter, Morningstar.com reports. The company had revenue of C$21.85 million during the quarter.
Steelcase Inc. (SCS) stock positioned -1.85% distance from the 200-day MA and stock price situated -9.77% away from the 50-day MA while located -4.71% off of the 20-day MA. Steelcase Inc. (SCS) traded moved -18.02% from the 50-day high price and spotted a change of 4.41% from the 50-day low point.
Steelcase Inc. (NYSE: SCS) today reported third quarter revenue of $901.0 million and net income of $37.3 million, or diluted earnings of $0.31 per share which represented a 41 percent improvement compared to the prior year.
The results included an $11.2 million charge related to participation in a multi-employer pension plan, and excluding this charge, net of related variable compensation and income tax effects, adjusted earnings were $0.36 per share. In the prior year, Steelcase reported $772.1 million of revenue and net income of $25.7 million, or diluted earnings of $0.22 per share.
Polk State College recently unveiled its Steelcase Education Active Learning Classroom on the Lakeland Campus, giving students, faculty, staff, and representatives from other educational institutions a look at the transformed makerspace that enhances the College’s ability to produce highly-skilled teachers through design and technology that engages Education baccalaureate students.
KOKUYO starts European expansion auspiciously with the good designed and health conscious office chair.
KOKUYO Co., Ltd. (TOKYO:7984), a leading provider of office design and furniture in Japan, won FRAME Awards for “360º Gliding Chair ing” in two categories at ORGATEC 2018, “Trade Fair Stand of the Year” and “Best Use of Light,” which is organized by the Dutch interior design magazine “FRAME.”
Zeke Capital Advisors LLC purchased a new stake in Herman Miller, Inc. (NASDAQ:MLHR) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 9,544 shares of the business services provider’s stock, valued at approximately $366,000.
As a solution, the mega companies have collaborated to create what they say is the ideal workspace of the future.
Last Thursday (Dec 6), they unveiled the Steelcase WorkLife Centre in Singapore at Mohamad Sultan Road – the first “Creative Spaces” showroom to open in Southeast Asia.