Fifth Third Bancorp Decreases Ownership in Steelcase Inc. as the Company Shows Impressive Earnings Results

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Friday, 7 July 2023

In a recent filing, Fifth Third Bancorp revealed that it has decreased its position in Steelcase Inc., a prominent business services provider, by 0.9% during the first quarter of this year. The institutional investor now holds 5,199,000 shares, down from its previous ownership of 5,246,943 shares. This decrease in ownership accounts for approximately 47,943 shares sold by Fifth Third Bancorp during the period.

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‘The value of comfort’: why La-Z-Boy is recrafting its image

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Thursday, 6 July 2023

MONROE, Mich. — As it nears its 100th anniversary in 2027, furniture manufacturer and Top 100 retailer La-Z-Boy is re-examining how it connects with consumers.

The Monroe, Mich.-based furniture maker and retailer is undergoing a La-Z-Boy brand refresh that will roll out in August. It has secured the services of marketing firm Colle McVoy to provide strategy, design, public relations and influencer marketing to reposition the La-Z-Boy brand from one that is steeped in nostalgia to an active, dynamic and distinctive brand for modern audiences. RPA, La-Z-Boy’s long-time creative agency, is creating the campaign.

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MillerKnoll (NASDAQ:MLKN) Anticipates Quarterly Earnings Announcement with Steady Dividend Payout Ratio

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Thursday, 6 July 2023

MillerKnoll (NASDAQ:MLKN) Prepares to Announce Quarterly Earnings, Maintaining Steady Dividend Payout Ratio

July 5, 2023

MillerKnoll (NASDAQ:MLKN), a renowned worldwide provider of interior furnishings, is set to release its quarterly earnings data after the market closes on Wednesday, July 12th. Analysts believe that the company will announce earnings of $0.39 per share for the quarter, providing valuable insights into its financial performance and overall market outlook.

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Flexsteel Industries: A Strong-Buy Investment Opportunity

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Monday, 3 July 2023

In the world of stock analysis, where predictions and speculations shape investment decisions, StockNews.com has shed light on the potential of Flexsteel Industries (NASDAQ:FLXS). The analysts at StockNews.com have recently initiated coverage on the company and have set a “strong-buy” rating on its stock.

Flexsteel Industries, a leading furniture manufacturer, made an admirable performance with its quarterly earnings results, which were announced on Monday, May 1st. Despite market expectations, the company surpassed analysts’ consensus estimates by reporting $0.28 earnings per share for the quarter. This impressive figure exceeded projections by $0.06.

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Steelcase Announces Quarterly Dividend for Q2 2023 and Demonstrates Commitment to Shareholders

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Friday, 30 June 2023

Steelcase, a leading provider of office furniture and workspace solutions, has recently announced its quarterly dividend for the second quarter of 2023. Shareholders of Steelcase (NYSE:SCS) will receive a dividend of 10 cents per share, which is scheduled to be paid on July 17, 2023.

To be eligible for this dividend payout, investors must have owned Steelcase shares as of April 4, 2023. This ex-dividend date determines who is entitled to receive the dividend. If an investor purchased shares on or after April 5, 2023, they would not be eligible for the upcoming dividend.

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La-Z-Boy expands board of directors with new appointment

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Thursday, 29 June 2023

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 portfolio to better connect with consumers. Prior to joining Bose, he was senior vice president at Dell Technologies, where he was most recently the general manager of Dell’s global consumer PC business. Before that, his career spans 23 years at other global companies, including McKinsey and Adventis.

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Steelcase report unveils generation Z’s transformative influence on the modern workplace

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Tuesday, 27 June 2023

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 a global scale. The report highlights the extraordinary dedication of Gen Z towards the physical office space, surpassing all other generations in terms of time spent working within a traditional office setting, according to the Steelcase report.

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Eakes honored by Steelcase

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Friday, 23 June 2023

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 partner. The company has consistently engaged with Steelcase, aligned with their strategies, and delivered exceptional value to its customers and community.

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Steelcase Announces Second Quarter Fiscal Year 2023 Financial Results

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22 June, 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 known for issuing quarterly reports, which can be accessed on their website. Stay up to date with the latest financial news by checking out Steelcase’s website regularly.

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