Entries by jsa

Steelcase announces relationship with Italian furniture maker Mattiazzi

GRAND RAPIDS, Mich. —Steelcase has entered into a relationship with Italian furniture brand Mattiazzi to offer customers access to Mattiazzi’s complete catalog of hand-finished wood furniture with immediate availability in North America. “As workers return to the office now and in the future, a range of informal spaces will be even more desirable as people […]

Did Hedge Funds Make The Right Call On Steelcase Inc. (SCS) ?

We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]

HNI Corporation (HNI) Soars 1.19% on July 16

HNI Corporation (HNI) had a good day on the market for Thursday July 16 as shares jumped 1.19% to close at $30.72. About 160,925 shares traded hands on 1,846 trades for the day, compared with an average daily volume of n/a shares out of a total float of 42.65 million. After opening the trading day […]

Steelcase Recognized as One of the 50 Most Community-Minded Companies in the United States

GRAND RAPIDS, Mich., July 08, 2020 (GLOBE NEWSWIRE) — Recently, Steelcase was named a 2020 honoree of The Civic 50, an initiative of Points of Light. The company’s expansive involvement in community programs – including a mix of volunteered time, product/service donations and financial gifts, as well as the integration of community commitment into business policies […]

BIFMA names new CEO, board

GRAND RAPIDS, Mich. –  BIFMA has appointed Deirdre Jimenez as its first president and CEO. She will succeed Tom Reardon, who is retiring after 22 years as executive director of BIFMA, the not for profit trade association for business and institutional furniture manufacturers.

Orgatec 2020 office furniture fair cancelled

This year’s Orgatec trade fair in Cologne, which was set to take place 27 to 31 October, has been cancelled in response to the coronavirus pandemic. The organisers of the Orgatec office furniture announced that the 2020 event will not take place as numerous exhibitors and visitors cancelled their tickets to the event. “The situation of this trade […]

Adaptable furniture is installed in classrooms to ensure social distancing measures are respected

ACTIU has published a comprehensive guide with advice and recommendations for educational establishments on how to adapt to the «new normal» In this period of the «new normal» which we have just entered, several questions have arisen concerning the management of collective spaces and the adaptation thereof to the new COVID-19 safety requirements. ACTIU, as […]

Steelcase Reports First Quarter Fiscal 2021 Results

Steelcase Inc. (NYSE: SCS) today reported first quarter revenue of $482.8 million and a net loss of $38.1 million, or a loss of $0.33 per share. The results included a non-cash goodwill impairment charge which increased the net loss by $17.6 million, or $0.15 per share. The adjusted net loss in the quarter totaled $20.5 […]

Herman Miller, Inc. to Host Earnings Call

Herman Miller, Inc. (NASDAQ:MLHR) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on June 30, 2020 at 9:30 AM Eastern Time. To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/event/presentation/64467