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Steelcase (SCS)
:SCS
Earnings Data
Report Date
Jun 18, 2025TBA Not Confirmed
Period Ending
2026 (Q1)Consensus EPS Forecast
0.15Last Year’s EPS
0.16Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 26, 2025
|% Change Since: 4.72%
|Next Earnings Date:Jun 18, 2025
Earnings Call Sentiment|Neutral
Steelcase reported strong fiscal 2025 results with growth in the Americas and improved margins, offset by challenges in the international segment and trade uncertainties. The company's strategic initiatives are progressing well, with positive demand signals supporting future growth.Company Guidance
During the Steelcase Fourth Quarter Fiscal 2025 Conference Call, the company reported strong financial performance with a full-year adjusted earnings per share of $1.12, surpassing their expectations. The adjusted operating margin for the year was 5%, with a notable 7% margin in the Americas. In the fourth quarter, Steelcase achieved a 9% order growth, led by a 12% increase in the Americas, marking the sixth consecutive quarter of year-over-year order growth in this region. The quarter also saw a 500 basis point improvement in gross margin since fiscal 2022. Revenue for the quarter reached $788 million, falling within the upper end of the projected range, and adjusted earnings per share for the quarter were $0.26, boosted by favorable tax items. Looking ahead to fiscal 2026, Steelcase targets mid-single-digit organic revenue growth, with a modest improvement in adjusted operating margin, despite facing challenges such as new tariffs and global trade uncertainties. The company plans capital expenditures and cloud computing costs of $70 million to $80 million, and it expects to break even in its International segment with anticipated profitability in the second half of the year.Strong Fiscal 2025 Performance
Steelcase reported adjusted earnings per share of $1.12, exceeding the top end of their target range. They delivered an adjusted operating margin of 5%, with the Americas segment achieving 7%.
Order Growth and Market Share Gains
Fourth quarter order growth was 9%, led by 12% growth in the Americas. This marks the sixth consecutive quarter of year-over-year order growth in the Americas, with market share gains reported.
Improved Gross Margin
Steelcase achieved their 11th consecutive quarter of year-over-year gross margin expansion, improving over 500 basis points since fiscal 2022.
Positive Demand Signals
Increased office leasing activity in the US, with Q4 leasing up 24% versus Q3 and 23% year-over-year, marking the highest quarter in three years.
International Segment Improvement
The international segment showed improvement in the first half of the year, driven by cost reductions and positive demand signals from large and national accounts.
Cash Flow and Shareholder Returns
Steelcase generated $100 million in free cash flow and returned $84 million to shareholders.
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SCS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SCS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 26, 2025 | $10.60 | $11.30 | +6.60% |
| Dec 18, 2024 | $12.36 | $12.22 | -1.13% |
| Sep 18, 2024 | $13.89 | $13.10 | -5.69% |
| Jun 20, 2024 | $12.30 | $11.90 | -3.25% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Steelcase (SCS) report earnings?
Steelcase (SCS) is schdueled to report earning on Jun 18, 2025, TBA Not Confirmed.
What is Steelcase (SCS) earnings time?
Steelcase (SCS) earnings time is at Jun 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SCS EPS forecast?
SCS EPS forecast for the fiscal quarter 2026 (Q1) is 0.15.
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