Remote and Hybrid Work Are Still Popular. Just Ask This Furniture Maker [Yahoo! Finance]
Steelcase Inc. (SCS)
Last steelcase inc. earnings: 3/24 04:29 pm
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Source: Yahoo! Finance
The company's third-quarter sales projections, meanwhile, came in below analyst estimates. Many companies have moved to bring more workers in-house more of the time, with Amazon.com the latest high-profile example. Sure, Amazon.com ( AMZN ) wants its workers back in the office all week—but based on the latest forecast from Steelcase ( SCS ), the outlook for offices still is't great. Shares in the office furniture maker dropped 7% Thursday morning, rising off morning lows, after it reported a slump in quarterly orders and issued an outlook that lagged Wall Street estimates—the latest indication that remote and hybrid work arrangements are still very popular "Orders from large corporate customers declined compared to the prior year after several quarters of strong year-over-year growth,'" Steelcase said. Steelcase said it expects third-quarter sales of $785 million to $810 million. That would be up year-over-year, but below Visible Alpha's mean analyst estimate of $815 millio
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News
- Steelcase Inc. (SCS) Q2 2025 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Steelcase: Fiscal Q2 Earnings Snapshot [Yahoo! Finance]Yahoo! Finance
- Steelcase Reports Second Quarter Fiscal 2025 ResultsGlobeNewswire
- To Reduce Your Stress, Hope Beats Mindfulness—5 Ways To Be Hopeful [Forbes]Forbes
- Wall Street Breakfast: The Week Ahead [Seeking Alpha]Seeking Alpha
SCS
Earnings
- 9/18/24 - Beat
SCS
Sec Filings
- 9/20/24 - Form 10-Q
- 9/18/24 - Form 8-K
- 9/12/24 - Form 4
- SCS's page on the SEC website