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On June 11, 2023, it was announced that Penn Capital Management Company LLC had reduced its stake in Steelcase Inc. by a staggering 30.2% in the fourth quarter. According to the disclosure with the Securities and Exchange Commission (SEC), Penn Capital owned approximately 0.21% of Steelcase worth $1,683,000 at the close of the most recent […]
TORRANCE, Calif., June 12, 2023 (GLOBE NEWSWIRE) — Virco Mfg. Corporation (NASDAQ: VIRC), the largest manufacturer and supplier of movable furniture and equipment for educational environments in the United States, today reported financial results for the quarterly period ended April 30, 2023 (first quarter of fiscal 2024). Net Sales were $34.9 million for the first […]
Cactus (NYSE:WHD) expected the acquisition of Flexsteel to be accretive in the first year, and the execs were more than right. The Q1 results were good enough but came with solid guidance for Q2, which is now improved. The company issued a new investor presentation outlining the company’s progress, and the progress is good.
Amalgamated Bank, a leading institutional investor, has reduced its stake in MillerKnoll, Inc. (NASDAQ:MLKN) by 31.5% during the fourth quarter, according to its recent filing with the Securities and Exchange Commission. The investor held 34,433 shares of the organization’s stock after selling 15,818 shares in Q4. This move has been made at a time when […]
NEW YORK — Humanscale has appointed Todd Bracher as creative director for the global brand. In his new role, he will lead creative and strategic positioning across Humanscale’s branding and product development. Bracher has served as a strategic advisor and design partner for more than 15 years, helping to create several products and global activations, including the award-winning […]
MONROE, Mich., June 08, 2023 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB) will report its fiscal 2023 fourth quarter results after the close of trading on the New York Stock Exchange on Tuesday, June 20, 2023, and will hold its quarterly investor conference call at 8:30 a.m. Eastern Time the following day, Wednesday, June 21, 2023.
MUSCATINE, Iowa — The Stanley Center for Peace and Security unveiled its new 100% self-sufficient building that features furnishings from Allsteel that were redesigned and tweaked to meet sustainability requirements. When looking to complete the interior of The Stanley Center, the team turned to fellow Muscatine-native workplace furnishings brand, Allsteel. Finding a furniture solution that contributed […]
GRAND RAPIDS, Mich., June 08, 2023 (GLOBE NEWSWIRE) — Steelcase announced today it was awarded a Gold rating from EcoVadis for the third consecutive year for its industry-leading commitments to the wellbeing of people and the planet. The company earned 100 percent on the EcoVadis environmental scorecard and continues to be ranked in the top […]
GRAND RAPIDS, Mich. – Height-adjustable workplace furniture specialist AMQ has unveiled a new showroom in West Michigan. With the new space, along with its partnership with West Elm, the company is targeting small-to-medium-sized business, which it says represents a growing portion of the workforce. “AMQ’s commitment to small and medium sized businesses is what has driven us […]
ZEELAND, Mich. — MillerKnoll is bringing its collective of brands to life through Design Works, a multiple-day event including product launches, exhibits and programs set for June 12-14 during Fulton Market Design Days in Chicago. “We are thrilled to partner with our MillerKnoll dealer network to welcome customers to our showrooms and retail space in Fulton Market again […]
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