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MONROE, Mich. – La-Z-Boy has named Raza S. Haider to its board of directors. He will serve on the nominating and governance committee, and his appointment expands the board to 11 members. Haider works at Bose Corp. as the company’s chief product and supply chain officer, where he is responsible for innovating the brand’s product […]
Steelcase, a global design and innovation firm, has released a report that illuminates the profound impact of Generation Z (Gen Z) on the contemporary workplace. As we approach 2025, Gen Z is anticipated to comprise almost a third of the global workforce, and their distinct viewpoints and preferences are revolutionising organisational attitudes and perceptions on […]
Grand Island, NE, June. 23, 2023: Steelcase, a leading furniture manufacturer, has awarded Eakes Office Solutions with the prestigious Platinum status Premier Partner designation for the year 2022. While all Steelcase furniture dealers in the United States and Canada meet high standards for quality and performance, Eakes Office Solutions has distinguished itself as an extraordinary […]
Steelcase Inc. (NYSE:SCS) Q1 2024 Earnings Call Transcript June 22, 2023
On June 22, 2023, Steelcase announced its financial results for the second quarter of fiscal year 2023. The company’s revenue for the quarter was $863.3 million, with a net income of $19.6 million, or $0.17 per share. The company also reported adjusted earnings per share. Interested parties can find the earnings release on Steelcase’s website. Steelcase is […]
Shares of office-furniture supplier Steelcase Inc. (SCS) rose on Wednesday reported first-quarter results that beat estimates, but its second-quarter sales forecast came up short of Wall Street’s expectations, as demand remains in flux even as more corporate staff return to offices. The company reported first-quarter net income of $1.5 million, or 1 cent per share, […]
La-Z-Boy Inc (LZB) said after close Tuesday that it earned $0.99 per share in quarter four 2023. The company reported earnings on an adjusted basis, so it may not be directly comparable to analyst estimates or prior periods. On the revenue line, the company reported $561.3 million, beating estimates by $28.3 million.
On June 21, 2023, Steelcase, a renowned furniture design and manufacturing company, released its Q1 earnings report. The report revealed that the company incurred a net loss of $11.4 million, or $0.10 per share. Additionally, the adjusted loss per share was $0.19, which is lower than the expected EPS estimate of $0.21. The Q1 adjusted EPS is anticipated […]
MONROE, Mich., June 20, 2023 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today reported solid fourth quarter and full year results for the period ending April 29, 2023. Fourth Quarter 2023 Financial Highlights: Consolidated sales of $561 million -12% adjusting for the 53rd week in the fourth quarter of fiscal […]
La-Z-Boy Set to Reveal Quarterly Earnings as Industry Challenges Loom As the residential furniture market continues to face challenges, La-Z-Boy is set to release its earnings data after the close of trading on June 20th. Industry analysts expect the company’s earnings per share for the quarter to be around $0.73.
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