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Steelcase ( (SCS) ) has issued an announcement.
On November 6, 2025, Steelcase Inc. announced significant leadership changes following the pending transaction with HNI Corporation. The employment of CEO Sara E. Armbruster and Chief People Officer Donna K. Flynn will terminate post-closing, with severance benefits as per the executive plan. Meanwhile, Robert G. Krestakos will continue as COO during a transition period into 2026. The leadership structure will see Allan W. Smith, Jr., David C. Sylvester, Steven D. Miller, and Megan A. Blazina continuing in key roles with expanded responsibilities. These changes are part of Steelcase’s strategic alignment post-transaction, impacting its operations and market positioning.
The most recent analyst rating on (SCS) stock is a Buy with a $18.50 price target. To see the full list of analyst forecasts on Steelcase stock, see the SCS Stock Forecast page.
Spark’s Take on SCS Stock
According to Spark, TipRanks’ AI Analyst, SCS is a Outperform.
Steelcase’s overall stock score is driven by strong earnings performance and positive technical indicators. The company’s record revenue and earnings growth, particularly in the Americas and International segments, are significant strengths. However, financial performance is hindered by cash flow challenges, and valuation metrics suggest the stock may be overvalued. The positive earnings call sentiment further supports the stock’s potential, despite regional challenges and restructuring costs.
To see Spark’s full report on SCS stock, click here.
More about Steelcase
Steelcase Inc. operates in the office furniture industry, providing a range of products and services focused on workplace solutions. The company is known for its innovative designs and emphasis on creating productive and sustainable work environments.
Average Trading Volume: 1,730,405
Technical Sentiment Signal: Buy
Current Market Cap: $1.83B
For detailed information about SCS stock, go to TipRanks’ Stock Analysis page.