GRAND RAPIDS, Mich., Nov. 20, 2023 /PRNewswire/ — Steelcase, a global design and thought leader in the world of work, announces the release of its 2023 Impact Report, Our Work Toward Better Futures. The report highlights the company’s recent accomplishments that improve the wellbeing of people and the planet.
GRAND RAPIDS, MI — The Steelcase Foundation and the city of Grand Rapids have donated to a venture capital fund that provides investments to early- to mid-stage businesses owned by entrepreneurs of color.
The Grand Rapids venture capital fund that invests in minority-owned businesses has received another $500,000 investment, a week after landing the same amount from a Southeast Michigan company.
The Steelcase Foundation’s investment brings the amount of capital the New Community Transformation Fund raised since forming in 2020 to $11.85 million.
GRAND RAPIDS, Mich. – Although posting a decline in revenue, Steelcase’s second quarter earnings were well ahead of expectations, causing its share price to surge 19%.
GRAND RAPIDS, Mich. — Steelcase’s second quarter results, announced Sept. 19, drew praise such as steller and soar from stock analysts. Second quarter earnings were up, and the future outlook looks bright with many companies releasing “return-to-office mandates, and we’re optimistic that our demand levels will improve as customers seek our help to evolve their workplaces to engage, connect, and work better for their employees.”
GRAND RAPIDS, Mich., Aug. 29, 2023 (GLOBE NEWSWIRE) — Steelcase Inc. (NYSE: SCS) will webcast a discussion of its second quarter fiscal year 2024 financial results on Wednesday, September 20, 2023 at 8:30 a.m. ET. A link to the webcast will be available at http://ir.steelcase.com and a replay of the webcast will be available shortly after the call concludes. The news release detailing the financial results will be issued the previous day, September 19, 2023, after the market closes.
LOS ANGELES – Office furniture giant Steelcase has announced it’s the official seating partner of Luminosity Gaming, one of the largest gaming and esports teams in the world.
Luminosity and Steelcase will collaborate on content featuring the team’s content creators, players and coaches, giving fans a behind-the-scenes look at how Steelcase chairs can enhance their gameplay. Throughout the year, fans of Luminosity can see players sitting in Steelcase chairs, community giveaways, sponsored livestreams and social media takeovers with Luminosity players.
The organization is delivering the same renowned task chairs that help people work better, but now with tangible impacts to mitigate climate change.
Grand Rapids, MI, July 26, 2023 – Global design and thought leader in the world of work, Steelcase, now offers CarbonNeutral® product certification options on a full range of high-performance seating, helping customers reach their sustainability goals by supporting efforts to mitigate climate change.
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.
On June 11, 2023, it was announced that Penn Capital Management Company LLC had reduced its stake in Steelcase Inc. by a staggering 30.2% in the fourth quarter. According to the disclosure with the Securities and Exchange Commission (SEC), Penn Capital owned approximately 0.21% of Steelcase worth $1,683,000 at the close of the most recent quarter after selling 102,976 shares during the period. While this news may have caused alarm for some investors in Steelcase Inc., there is more to this story.
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