Flexsteel Industries (FLXS) Surpasses Q2 Earnings and Revenue Estimates

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6 February, 2023

Flexsteel Industries (FLXS) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to loss of $1.05 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 700%. A quarter ago, it was expected that this furniture maker would post a loss of $0.25 per share when it actually produced earnings of $0.09, delivering a surprise of 136%.

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Steelcase (NYSE:SCS) Sees Unusually-High Trading Volume

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5 February, 2023

Steelcase Inc. (NYSE:SCS) shares saw unusually-strong trading volume on Friday . Approximately 980,639 shares changed hands during mid-day trading, an increase of 81% from the previous session’s volume of 543,228 shares.The stock last traded at $7.96 and had previously closed at $7.78.

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BlackRock Cuts Stake in Steelcase (SCS)

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3 February, 2023

Fintel reports that BlackRock has filed a 13G/A form with the SEC disclosing ownership of 7.44MM shares of Steelcase Inc. (SCS). This represents 8.0% of the company.

In their previous filing dated February 1, 2022 they reported 7.65MM shares and 8.80% of the company, a decrease in shares of 2.84% and a decrease in total ownership of 0.80% (calculated as current – previous percent ownership).

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La-Z-Boy Incorporated (NYSE:LZB) Shares Sold by Quantbot Technologies LP

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3 February, 2023

Quantbot Technologies LP lowered its position in shares of La-Z-Boy Incorporated (NYSE:LZB) by 44.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,589 shares of the company’s stock after selling 13,037 shares during the period. Quantbot Technologies LP’s holdings in La-Z-Boy were worth $374,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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Steelcase Named One of the World’s Most Admired Companies by FORTUNE®

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3 February, 2023

GRAND RAPIDS, Mich., Feb. 03, 2023 (GLOBE NEWSWIRE) — Steelcase (NYSE: SCS) has been named among the world’s leading brands on the FORTUNE® 2023 World’s Most Admired Companies list for the 17th year, recognized as fourth in the Home Equipment and Furnishings category.

Businesses featured on the Most Admired List, such as JPMorgan Chase, Walt Disney, Microsoft and Starbucks, are rated by executives, directors and analysts in their respective industries based on nine criteria, including investment value, quality of management and products, social responsibility, people management and ability to attract talent. A company’s score must rank in the top half of its industry survey to be included on the list.

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MillerKnoll, Inc. (NASDAQ:MLKN) Shares Sold by Retirement Systems of Alabama

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2 February, 2023

Retirement Systems of Alabama lessened its holdings in shares of MillerKnoll, Inc. (NASDAQ:MLKN) by 0.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 99,293 shares of the company’s stock after selling 552 shares during the quarter. Retirement Systems of Alabama owned 0.13% of MillerKnoll worth $1,549,000 at the end of the most recent quarter.

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LSV Asset Management buys 76,800 La-Z-Boy Incorporated shares (NYSE:LZB)

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2 February, 2023

According to the most recent filing that the company made with the SEC, LSV Asset Management increased its holdings in La-Z-Boy Incorporated (NYSE: LZB) during the third quarter.

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