Steelcase Inc. is a global leader in office furniture and workspace solutions, specializing in innovative designs that enhance the way people work, collaborate, and engage within their environments. The company offers a wide range of products, including desks, chairs, and modular systems, with a focus on creating adaptable and sustainable workspaces that foster productivity and well-being. In addition to furniture, Steelcase provides strategic consulting and design services to organizations seeking to transform their work environments. By leveraging research and insights into workplace dynamics, Steelcase aims to provide solutions that address the evolving needs of modern work culture. Read More
Office furniture manufacturer Steelcase (NYSE:SCS) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 7.1% year on year to $779 million. The company expects next quarter’s revenue to be around $875 million, close to analysts’ estimates. Its non-GAAP profit of $0.20 per share was 50% above analysts’ consensus estimates.
Channelchek, a Noble Financial Group, Inc. product and service, reports that Steelcase (NYSE: SCS) delivered first-quarter fiscal 2026 results ahead of expectations, with revenue rising 7% year over year to $779 million—above both the $760 million forecast and $762 million consensus. Gross margin improved to 33.9%, surpassing guidance, while adjusted EPS reached $0.20, topping Noble’s $0.14 estimate and the $0.13 Street consensus. Strength in the Americas, especially among corporate, government, and healthcare customers, drove the gains.
While profitability is essential, it doesn’t guarantee long-term success.
Some companies that rest on their margins will lose ground as competition intensifies - as Jeff Bezos said, "Your margin is my opportunity".
Office furniture manufacturer Steelcase (NYSE:SCS) reported Q2 CY2025 results topping the market’s revenue expectations, with sales up 7.1% year on year to $779 million. The company expects next quarter’s revenue to be around $875 million, close to analysts’ estimates. Its non-GAAP profit of $0.20 per share was 50% above analysts’ consensus estimates.
The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%.
But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.
The Russell 2000 (^RUT) is home to many small-cap stocks, offering investors the chance to uncover hidden gems before the broader market catches on.
However, these companies often come with higher volatility and risk, as their smaller size makes them more vulnerable to economic downturns.
Value stocks typically trade at discounts to the broader market, offering patient investors the opportunity to buy businesses when they’re out of favor.
The key risk, however, is that these stocks are usually cheap for a reason – five cents for a piece of fruit may seem like a great deal until you find out it’s rotten.
Stocks trading between $10 and $50 can be particularly interesting as they frequently represent businesses that have survived their early challenges.
However, investors should remain vigilant as some may still have unproven business models, leaving them vulnerable to the ebbs and flows of the broader market.
Looking back on office & commercial furniture stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including Steelcase (NYSE:SCS) and its peers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how HNI (NYSE:HNI) and the rest of the office & commercial furniture stocks fared in Q1.
Investors looking for hidden gems should keep an eye on small-cap stocks because they’re frequently overlooked by Wall Street.
Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets.
Business services providers thrive by solving complex operational challenges for their clients, allowing them to focus on their secret sauce. But increasing competition from AI-driven upstarts has tempered enthusiasm,
and over the past six months, the industry has pulled back by 5.8%. This drop was worse than the S&P 500’s 2% fall.
A company with profits isn’t always a great investment.
Some struggle to maintain growth, face looming threats, or fail to reinvest wisely, limiting their future potential.
The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%.
But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.
Shares of office furniture manufacturer Steelcase (NYSE:SCS) jumped 13% in the pre-market session after the company reported an impressive fourth quarter 2024 results which blew past analysts' EPS expectations, while sales were in line.
U.S. stock futures were swinging between gains and losses on Thursday after snapping a three-day winning streak on Wednesday. Futures of major benchmark indices were mixed in premarket trading. Aiming to boost U.S. manufacturing and reduce reliance on global suppliers, new auto tariffs were introduced on Wednesday, which will go into effect from April 3.
