GRAND RAPIDS, Mich., March 22, 2023 (GLOBE NEWSWIRE) — Steelcase Inc. (NYSE: SCS) today reported fourth quarter revenue of $801.7 million, net income of $15.7 million, or $0.13 per share, and adjusted earnings per share of $0.19. In the prior year, Steelcase reported revenue of $753.1 million and a net loss of $2.2 million, or $0.02 per share, and had $0.01 adjusted earnings per share
Mumbai, Maharashtra, India – Business Wire India Steelcase, a global leader in the office furniture industry and innovative workspace solutions, announces Women of Steel, an initiative launched by Steelcase India Manufacturing plant, Pune to attract more women to the workforce. The programme has increased the number of women at the plant from 10% in early 2021 to 60% now.
According to the most recent disclosure by Steelcase INC (NYSE: SCS) with the Securities and Exchange Commission (SEC), Boothbay Fund Management LLC bought new company shares during the third quarter.
The institutional investor purchased 24,330 shares of the company’s stock for approximately $159,000 to complete the transaction.
In a separate report distributed on November 29th, Benchmark downgraded Steelcase from a “buy” recommendation to a “hold” rating.
Axa S.A. reportedly increased its ownership in Steelcase INC (NYSE: SCS) during the third quarter, as stated in the most recent report that the company has submitted to the Securities and Exchange Commission (SEC).
The institutional investor made a purchase of 45,400 shares of stock in the business services provider, and they were paid a total of approximately $296,400 to complete the transaction.
Fintel reports that Earnest Partners has filed a 13G/A form with the SEC disclosing ownership of 7.18MM shares of Steelcase Inc. (SCS). This represents 7.8% of the company.
Great West Life Assurance Co. Can raised its holdings in shares of Steelcase Inc. (NYSE:SCS) by 68.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,016 shares of the business services provider’s stock after buying an additional 7,345 shares during the period. Great West Life Assurance Co. Can’s holdings in Steelcase were worth $117,000 at the end of the most recent reporting period.
Steelcase Inc. (NYSE:SCS) shares saw unusually-strong trading volume on Friday . Approximately 980,639 shares changed hands during mid-day trading, an increase of 81% from the previous session’s volume of 543,228 shares.The stock last traded at $7.96 and had previously closed at $7.78.
Fintel reports that BlackRock has filed a 13G/A form with the SEC disclosing ownership of 7.44MM shares of Steelcase Inc. (SCS). This represents 8.0% of the company.
In their previous filing dated February 1, 2022 they reported 7.65MM shares and 8.80% of the company, a decrease in shares of 2.84% and a decrease in total ownership of 0.80% (calculated as current – previous percent ownership).
GRAND RAPIDS, Mich., Feb. 03, 2023 (GLOBE NEWSWIRE) — Steelcase (NYSE: SCS) has been named among the world’s leading brands on the FORTUNE® 2023 World’s Most Admired Companies list for the 17th year, recognized as fourth in the Home Equipment and Furnishings category.
Businesses featured on the Most Admired List, such as JPMorgan Chase, Walt Disney, Microsoft and Starbucks, are rated by executives, directors and analysts in their respective industries based on nine criteria, including investment value, quality of management and products, social responsibility, people management and ability to attract talent. A company’s score must rank in the top half of its industry survey to be included on the list.
Fintel reports that Pew Robert C Iii has filed a 13G/A form with the SEC disclosing ownership of 5.13MM shares of Steelcase Inc. (SCS). This represents 5.3% of the company.
In their previous filing dated January 24, 2022 they reported 5.11MM shares and 5.60% of the company, an increase in shares of 0.29% and a decrease in total ownership of 0.30% (calculated as current – previous percent ownership).
Enter your email here and we will tell you when this news page is updated.
JSA CONSULTANCY SERVICES
5a Wilmington Square, Clerkenwell,
London, WC1X 0ES, England
