Steelcase (SCS) Tops Q1 EPS by 7c, Offers Q2 Guidance
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Steelcase Reports First Quarter Fiscal 2022 Results
June 23, 2021 4:05 PM EDTOrders grew 11% compared to prior year and 25% compared to fourth quarter, reflecting momentum as companies plan to return to the officeRevenue increased 15% compared to prior year, with broad-based growth across all segments Price increases expected to begin offsetting significant inflationary pressures later in fiscal yearOutlook for second quarter and remainder of year expects strengthening recovery driven by reopening of officesDividend restored to pre-pandemic level of $0.145 per share
GRAND RAPIDS, Mich., June 23, 2021 (GLOBE NEWSWIRE) --... More
