Steelcase Q2 2023 Earnings Report

Steelcase EPS Results

• Actual EPS: $0.09
• Consensus EPS: $0.01
• Beat/Miss: Beat by +$0.08
• One Year Ago EPS: -$0.05

Steelcase Revenue Results

• Actual Revenue: $751.90 million
• Expected Revenue: $719.23 million
• Beat/Miss: Beat by +$32.67 million
• YoY Revenue Growth: +1.50%

Steelcase Announcement Details

• Quarter: Q2 2023
• Date: 6/22/2023
• Time: After Market Closes

Steelcase (NYSE:SCS) provides a portfolio of furniture and architectural products and services in the United States and internationally. It operates through Americas and International segments. The company's furniture portfolio includes furniture systems, seating, storage, fixed and height-adjustable desks, benches, and tables, as well as complementary products, such as work accessories, lighting, mobile power, and screens. Its seating products comprise task chairs; seating for collaborative environments and casual settings; and specialty seating for specific vertical markets, including education and healthcare. The company's interior architectural products comprise full and partial height walls and architectural pods. It also provides textiles and surface imaging products for architects and designers; and workplace strategy consulting, lease origination, and furniture and asset management services. The company markets and sells its products to corporate, government, healthcare, education, and retail customers under the Steelcase, AMQ, Coalesse, Designtex, HALCON, Orangebox, Smith System, and Viccarbe brands. It distributes its products and services through a network of independent and company-owned dealers, as well as directly to end-use customers. The company was incorporated in 1912 and is headquartered in Grand Rapids, Michigan.