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Steelcase Inc (SCS.N)

SCS.N on New York Stock Exchange

17.38USD
17 Oct 2018
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Latest Key Developments (Source: Significant Developments)

Steelcase Acquires Orangebox
Thursday, 20 Sep 2018 06:00am EDT 

Sept 20 (Reuters) - Steelcase Inc ::STEELCASE ACQUIRES ORANGEBOX, UK-BASED MAKER OF ALTERNATIVE FURNITURE AND SETTINGS FOR THE CHANGING WORKPLACE.STEELCASE INC - FUNDED ACQUISITION BY BORROWINGS UNDER ITS CREDIT FACILITY.STEELCASE INC - DEAL INVOLVES ACQUISITION OF ALL OUTSTANDING CAPITAL STOCK OF ORANGEBOX FOR £60 MILLION LESS ADJUSTMENT FOR WORKING CAPITAL.STEELCASE INC - ADDITIONAL £3 MILLION PAYABLE TO ONE OF SELLERS OVER THREE YEARS BASED ON ACHIEVEMENT OF CERTAIN PERFORMANCE OBLIGATIONS.  Full Article

Steelcase Expands Relationship With Danish Design Company Bolia
Thursday, 13 Sep 2018 02:36pm EDT 

Steelcase Inc ::STEELCASE EXPANDS RELATIONSHIP WITH DANISH DESIGN COMPANY BOLIA.STEELCASE - CO, BOLIA, A CONTEMPORARY DANISH FURNITURE DESIGNER AND MAKER, ANNOUNCE PLANS TO EXPAND THEIR RELATIONSHIP TO AMERICAS AND ASIA PACIFIC.  Full Article

Steelcase Says Co Borrowed $75 Mln Under Its Committed Unsecured Revolving Credit Facility
Friday, 6 Jul 2018 05:15pm EDT 

July 6 (Reuters) - Steelcase Inc ::STEELCASE INC SAYS ON JUNE 29 BORROWED $75 MILLION UNDER ITS COMMITTED UNSECURED REVOLVING CREDIT FACILITY - SEC FILING.STEELCASE - $75 MILLION BORROWED UNDER CREDIT FACILITY AS PARTIAL FUNDING OF CO'S PENDING ACQUISITION OF SMITH SYSTEM MANUFACTURING CO.  Full Article

Steelcase Reports Q4 Adjusted Earnings Per Share Of $0.24
Tuesday, 20 Mar 2018 04:06pm EDT 

March 20 (Reuters) - Steelcase Inc ::STEELCASE REPORTS FOURTH QUARTER AND FISCAL 2018 RESULTS.SEES Q1 2019 EARNINGS PER SHARE $0.12 TO $0.16.Q4 ADJUSTED EARNINGS PER SHARE $0.24 EXCLUDING ITEMS.Q4 EARNINGS PER SHARE VIEW $0.16 -- THOMSON REUTERS I/B/E/S.Q4 REVENUE $772.7 MILLION VERSUS I/B/E/S VIEW $750.7 MILLION.SEES Q1 2019 REVENUE $740 MILLION TO $765 MILLION.QUARTERLY DIVIDEND INCREASED BY 6 PERCENT TO $0.135 PER SHARE.Q1 EARNINGS PER SHARE VIEW $0.19, REVENUE VIEW $746.6 MILLION -- THOMSON REUTERS I/B/E/S.RECORDED $27.9 MILLION OF CHARGES IN Q4, PRIMARILY RELATED TO U.S. TAX REFORM.  Full Article

Steelcase Sees Q4 2018 Loss Per Share $0.05 To $0.07
Monday, 5 Feb 2018 04:05pm EST 

Feb 5 (Reuters) - Steelcase Inc ::STEELCASE UPDATES FOURTH QUARTER GUIDANCE FOR U.S. TAX REFORM AND OTHER ITEMS.SEES Q4 REVENUE $745 MILLION TO $760 MILLION.SEES Q4 2018 LOSS PER SHARE $0.05 TO $0.07.AS A RESULT TAX ACT EXPECTS TO RECORD A CHARGE IN Q4 OF APPROXIMATELY $30 MILLION.COMPANY EXPECTS ITS EFFECTIVE TAX RATE WILL APPROXIMATE 27% FOR FISCAL 2019.SEES Q4 2018 EARNINGS PER SHARE $0.15 TO $0.17 EXCLUDING ITEMS.Q4 EARNINGS PER SHARE VIEW $0.17, REVENUE VIEW $750.7 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Steelcase Q3 Earnings Per Share $0.22
Tuesday, 19 Dec 2017 04:06pm EST 

Dec 19 (Reuters) - Steelcase Inc ::STEELCASE REPORTS THIRD QUARTER RESULTS.SEES Q4 2018 EARNINGS PER SHARE $0.14 TO $0.18.Q3 EARNINGS PER SHARE $0.22.Q3 REVENUE $772.1 MILLION VERSUS I/B/E/S VIEW $799.9 MILLION.Q3 EARNINGS PER SHARE VIEW $0.23 -- THOMSON REUTERS I/B/E/S.SEES Q4 2018 REVENUE $740 MILLION TO $765 MILLION.SAYS ‍BACKLOG AT END OF QUARTER IN AMERICAS WAS APPROXIMATELY 7 PERCENT LOWER THAN PRIOR YEAR​.SAYS ‍BACKLOG IN EMEA AT END OF QUARTER WAS APPROXIMATELY 4 PERCENT LOWER THAN PRIOR YEAR​.  Full Article

Steelcase Sees Q3 Earnings Per Share $0.22
Thursday, 7 Dec 2017 04:05pm EST 

Dec 7 (Reuters) - Steelcase Inc ::STEELCASE REPORTS PRELIMINARY THIRD QUARTER RESULTS.SEES Q3 EARNINGS PER SHARE $0.22 .SEES Q3 REVENUE $772 MILLION .  Full Article

Steelcase Announces Definitive Agreement To Acquire AMQ Solutions
Tuesday, 28 Nov 2017 10:32am EST 

Nov 28 (Reuters) - Steelcase Inc ::STEELCASE ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE AMQ SOLUTIONS.STEELCASE - ENTERED INTO AGREEMENTS TO PURCHASE ALL MEMBERSHIP INTERESTS OF AMQ, CERTAIN ASSETS OF AN AFFILIATED CO IN AN ALL CASH TRANSACTION​.  Full Article

Steelcase reports Q2 earnings per share $0.31
Monday, 18 Sep 2017 04:06pm EDT 

Sept 18 (Reuters) - Steelcase Inc :Steelcase reports second quarter results.Sees Q3 2018 earnings per share $0.21 to $0.25.Q2 earnings per share $0.31.Sees Q3 2018 revenue $785 million to $810 million.Q2 revenue $775.6 million versus I/B/E/S view $759.8 million.Q2 earnings per share view $0.23 -- Thomson Reuters I/B/E/S.Q2 adjusted earnings per share $0.32.FY2018 earnings per share view $0.96, revenue view $3.09 billion -- Thomson Reuters I/B/E/S.Steelcase Inc - Expects to report diluted earnings per share between $0.21 to $0.25 for Q3 of fiscal 2018.  Full Article

Steelcase reports Q1 earnings per share $0.15
Wednesday, 21 Jun 2017 04:10pm EDT 

June 21 (Reuters) - Steelcase Inc -:Steelcase reports first quarter results.Sees Q2 2018 earnings per share $0.21 to $0.25.Q1 earnings per share $0.15.Q1 revenue $735.1 million versus I/B/E/S view $743.3 million.Q1 earnings per share view $0.19 -- Thomson Reuters I/B/E/S.Q1 adjusted earnings per share $0.18.Sees Q2 2018 revenue $750 million to $780 million.Steelcase inc - expects to report a year-over-year increase in operating expense in Q2 similar to Q1.Q2 earnings per share view $0.35, revenue view $793.7 million -- Thomson Reuters I/B/E/S.  Full Article