Steelcase Reports Q1 Net Loss of 11.4 Million

On June 21, 2023, Steelcase, a renowned furniture design and manufacturing company, released its Q1 earnings report. The report revealed that the company incurred a net loss of $11.4 million, or $0.10 per share. Additionally, the adjusted loss per share was $0.19, which is lower than the expected EPS estimate of $0.21. The Q1 adjusted EPS is anticipated to fall between $0.19 and $0.24. It is worth noting that this information is solely from a headline article and lacks any further context or details regarding the earnings report.

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