Entries by jsa

MillerKnoll sees Q3 sales decline, cites economic uncertainty

ZEELAND, Mich. – Contract furniture giant MillerKnoll reported third quarter sales of $984.7 million, a decline of 4.4% over last year and a nearly 8% dip from last quarter. Orders in the quarter hit $885.4 million, down 19.2% over same period last year. Consolidated operating expenses for the quarter were $314.4 million, compared with $310.3 million in […]

Steelcase Reports Fourth Quarter and Fiscal 2023 Results

GRAND RAPIDS, Mich., March 22, 2023 (GLOBE NEWSWIRE) — Steelcase Inc. (NYSE: SCS) today reported fourth quarter revenue of $801.7 million, net income of $15.7 million, or $0.13 per share, and adjusted earnings per share of $0.19.  In the prior year, Steelcase reported revenue of $753.1 million and a net loss of $2.2 million, or […]

Steelcase in India Grows Women in Manufacturing Roles to 60 Percent

Mumbai, Maharashtra, India – Business Wire India Steelcase, a global leader in the office furniture industry and innovative workspace solutions, announces Women of Steel, an initiative launched by Steelcase India Manufacturing plant, Pune to attract more women to the workforce. The programme has increased the number of women at the plant from 10% in early […]

MillerKnoll is Now Oversold (MLKN)

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero […]

Marshall Wace LLP increases its stake in La-Z-Boy Incorporated.

Marshall Wace LLP increased its holdings in La-Z-Boy Incorporated (NYSE: LZB) during the third quarter, as stated in the most recent report that the company has submitted to the Securities and Exchange Commission (SEC). The company spent approximately $5,078,000 to purchase 224,950 shares of stock. This brings the total number of shares owned by the […]

La-Z-Boy to Present at Sidoti Investor Conference

MONROE, Mich., March 14, 2023 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today announced that Melinda D. Whittington, President and Chief Executive Officer, and Bob Lucian, Chief Financial Officer, will present at the Sidoti Small-Cap Conference, on Thursday, March 23, 2023, at 2:30 p.m. Eastern. The presentation will be webcast […]

MillerKnoll leverages Amperity platform to enhance data strategy

ZEELAND — MillerKnoll is teaming up with customer data platform Amperity to boost its data strategy. The Zeeland-based office furniture manufacturer has selected Amperity to help maximize its omnichannel data and reach more customers through personalized experiences. Amperity offers a unified view for companies to understand data across all touchpoints. The platform has been used […]

Boothbay Fund Management LLC has acquired 24,330 shares of Steelcase Inc. (NYSE:SCS)

According to the most recent disclosure by Steelcase INC (NYSE: SCS) with the Securities and Exchange Commission (SEC), Boothbay Fund Management LLC bought new company shares during the third quarter. The institutional investor purchased 24,330 shares of the company’s stock for approximately $159,000 to complete the transaction. In a separate report distributed on November 29th, […]