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Steelcase Inc. (SCS) - Order Growth Remains Solid in 4Q25 - Channelchek

Summary by channelchek.com
Friday, March 28, 2025 Joe Gomes, CFA, Managing Director, Equity Research Analyst, Generalist , Noble Capital Markets, Inc. Joshua Zoepfel, Research Associate, Noble Capital Markets, Inc. Refer to the full report for the price target, fundamental analysis, and rating. 4Q Results. Revenue of $788 million rose 1.7% y-o-y, exceeded our expectation of $775 million, and was at the high end of guidance. Impacted by the revenue mix, gross margin of 31.…
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channelchek.comchannelchek.com

Steelcase Inc. (SCS) - Order Growth Remains Solid in 4Q25 - Channelchek

Friday, March 28, 2025 Joe Gomes, CFA, Managing Director, Equity Research Analyst, Generalist , Noble Capital Markets, Inc. Joshua Zoepfel, Research Associate, Noble Capital Markets, Inc. Refer to the full report for the price target, fundamental analysis, and rating. 4Q Results. Revenue of $788 million rose 1.7% y-o-y, exceeded our expectation of $775 million, and was at the high end of guidance. Impacted by the revenue mix, gross margin of 31.…

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Furniture TodayFurniture Today

Steelcase posts mixed results in Q4, but 11th consecutive margin gain - Furniture Today

GRAND RAPIDS, Mich. – Steelcase reported fourth quarter revenue of $788 million, a 2% gain over last year. Organically though (adjusting for the impact of an extra week), revenue dropped 5%. Organic revenue fell 3% in the Americas and 10% in International. Americas’ decline was driven by a lower beginning backlog compared with the prior year, offset in part by growth from government and large corporate customers. The International decline was dr…

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Furniture Today broke the news in on Thursday, March 27, 2025.
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