SCS
Steelcase Inc.16.14
+0.02+0.12%
Dec 9, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
1.85BP/E (TTM)
20.18Basic EPS (TTM)
0.80Dividend Yield
0.02%Recent Filings
8-K
8-K
8-K
8-K
10-Q
Q2 FY2026 results
Steelcase posted Q2 revenue of $897.1 million, up 5% year-over-year and 1% quarter-over-quarter (derived), fueled by 3% growth in the Americas from large corporate demand and 13% in International led by India and China, though education sales dipped. Gross margins held steady at 34.4%, but operating income fell to $53.1 million from $90.0 million y/y amid $11.9 million in restructuring costs and $7.1 million merger expenses with HNI, while adjusted operating income rose to $75.3 million. Diluted EPS dropped to $0.29 from $0.53 y/y, consistent with 115.4 million diluted shares and no anti-dilution noted. Cash dipped to $216.8 million with negative $82.2 million operating cash flow y/y, yet $323 million revolver availability cushions liquidity against $447.4 million debt due 2029 at 5.6%. The pending HNI merger, announced August 3 for cash/stock mix, adds uncertainty if approvals falter.
IPO
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Employees
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Industry
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