Entries by jsa

Eakes honored by Steelcase

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 Announces Second Quarter Fiscal Year 2023 Financial Results

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 […]

Steelcase stock rises after earnings, although executives warn of ‘challenging’ environment for workplace furniture

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 Down 0.93% To $27.20 After Earnings Beat

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.

Steelcase Reports Q1 Net Loss of 11.4 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 […]

La-Z-Boy Reports Record Full Year Operating Income and EPS

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 […]

Atlas Private Wealth Advisors Decreases Position in MillerKnoll Inc. Amidst Turbulent Market Conditions

Atlas Private Wealth Advisors has recently revealed that they have decreased their position in MillerKnoll, Inc. (NASDAQ:MLKN) by 26.1% in the fourth quarter, as seen in their most recent Form 13F filing with the Securities & Exchange Commission. Their holdings in the company are now at 31,671 shares after they sold 11,197 shares during this […]

MillerKnoll : Knoll Debuts Refreshed Design Direction at MillerKnoll Design Days 2023

East Greenville, PA., June 13, 2023 – Knoll will present its refreshed design direction in Chicago at MillerKnoll Design Days from June 12-14. The flagship Knoll showroom at 811 W. Fulton Market will feature a complete re-design, re-introductions of archival designs by Florence Knoll and Eero Saarinen, and new designs by Antenna Design and Dan Grabowski.