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0 0.00112549240292626 -0.0056949915588069 -0.0495216657287563 -0.0827236916150815 -0.0889082723691614 -0.0849746764209341 -0.0996060776589758
Stock impact report

Steelcase Reports First Quarter Fiscal 2020 Results

Steelcase Inc. (SCS) 
Last steelcase inc. earnings: 3/24 04:29 pm Check Earnings Report
US:NYSE Investor Relations: steelcase.com/investor-relations
Company Research Source: GlobeNewswire
Revenue growth of 9 percent drove 18 percent growth in operating income Order growth of 15 percent outpaced recent industry trends in most major markets and supports a strong outlook for the second quarterEMEA begins fiscal 2020 with strong growth and a profitable first quarterSteelcase reaffirms fiscal 2020 targets for revenue growth (5.5% to 9.5%) and earnings per share ($1.20 to $1.35) GRAND RAPIDS, Mich., June 19, 2019 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported first quarter revenue of $824.3 million and net income of $17.8 million, or diluted earnings of $0.15 per share.  In the prior year, Steelcase reported $754.0 million of revenue and net income of $17.0 million, or diluted earnings of $0.14 per share. Revenue increased 9 percent in the first quarter compared to the prior year, or 6 percent on an organic basis, reflecting growth across all segments.  Orders (adjusted for currency translation effects, acquisitions and divestitures) grew 15 percent in th Show less Read more
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