2 January, 2023
Steelcase Inc. [NYSE: SCS] closed the trading session at $7.07 on 12/30/22. The day’s price range saw the stock hit a low of $6.97, while the highest price level was $7.11. The company report on December 19, 2022 that Steelcase Reports Third Quarter Fiscal 2023 Results.
Revenue and earnings growth driven by strong beginning backlog and year-over-year pricing benefits.
Gross margin improved 120 basis points compared to prior year driven by a 280 basis point improvement in the Americas.