An update from Steelcase ( (SCS) ) is now available.
Steelcase reported its fourth quarter and fiscal 2025 results, showing a 9% increase in orders, driven by 12% growth in the Americas, and a 70 basis point improvement in gross margin. Despite a 2% revenue growth in the fourth quarter, the company faced a 7% decline in international revenue. For fiscal 2025, Steelcase achieved a 4% order growth, with a 6% increase in the Americas, and improved its operating income margin by 130 basis points. The company returned $84 million to shareholders and strengthened its liquidity by $73 million. Looking ahead, Steelcase has set financial targets for fiscal 2026, aiming for mid-single-digit organic revenue growth and modest adjusted operating margin expansion.
More about Steelcase
Steelcase Inc. is a company operating in the furniture industry, primarily focusing on the design and manufacture of office furniture and workspaces. The company targets a variety of market segments, including corporate, government, healthcare, and small to midsize businesses, with a strong presence in the Americas and international markets.
YTD Price Performance: -9.26%
Average Trading Volume: 633,848
Technical Sentiment Signal: Buy
Current Market Cap: $1.2B
For a thorough assessment of SCS stock, go to TipRanks’ Stock Analysis page.