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.
GRAND RAPIDS, Mich., June 08, 2023 (GLOBE NEWSWIRE) — Steelcase announced today it was awarded a Gold rating from EcoVadis for the third consecutive year for its industry-leading commitments to the wellbeing of people and the planet. The company earned 100 percent on the EcoVadis environmental scorecard and continues to be ranked in the top two percent of companies in the global furniture manufacturing industry.
EcoVadis is the world’s largest and most trusted provider of business sustainability ratings, which are awarded based on the four themes of environment, labor and human rights, ethics and sustainable procurement.
GRAND RAPIDS, Mich. – Height-adjustable workplace furniture specialist AMQ has unveiled a new showroom in West Michigan. With the new space, along with its partnership with West Elm, the company is targeting small-to-medium-sized business, which it says represents a growing portion of the workforce.
“AMQ’s commitment to small and medium sized businesses is what has driven us to work so hard over the past six months to create furnishings that address these employees’ specific needs,” said Ryan Vander Ploeg, vice president of marketing product development. “Although we regularly see and hear anecdotal evidence that SMBs embrace a slightly different work style from their large company counterparts, we wanted to be driven by the data when it came to developing products – and designing a workspace – that meets their needs.”
Grand Rapids, MI, June 12, 2023 – At NeoCon 2023 this week, Steelcase and its community of brands are showcasing new solutions to help organizations create diverse, vibrant and sustainable workplaces.
As hybrid work evolves and reshapes the ways people work around the world, workers are looking for spaces that provide better support than before. Yet, leaders aren’t sure how and where to start delivering on these new needs. As a global design and thought leader in the world of work, Steelcase is shifting the conversation to go beyond where people work and into the how, so that work becomes a better experience for all – both in and out of the office.
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