Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last $17.58 USD
Change Today -0.18 / -1.01%
Volume 179.9K
SCS On Other Exchanges
As of 1:35 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

steelcase inc-cl a (SCS) Snapshot

Previous Close
Day High
Day Low
52 Week High
03/24/15 - $20.45
52 Week Low
06/26/14 - $14.30
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for STEELCASE INC-CL A (SCS)

steelcase inc-cl a (SCS) Details

Steelcase Inc. designs, manufactures, and distributes an integrated portfolio of furniture settings, user-centered technologies, and interior architectural products. The company operates through Americas, EMEA, and Other Category segments. Its furniture systems portfolio comprises panel-based and freestanding furniture systems; and complementary products, such as storage, tables, and ergonomic worktools. The company’s seating products include ergonomic chairs; seating for collaborative or casual settings; and specialty seating for specific vertical markets, such as healthcare and education. Its interior architectural products consist of full and partial height walls and doors. The company also manufactures and sells surface materials consisting of textiles and wall coverings to architects and designers; and ceramic steel surfaces primarily for third-party fabricators and distributors to create static whiteboards and chalkboards. In addition, it provides workplace strategy consulting, lease origination, furniture and asset management, and hosted space services. The company markets its products to corporate, government, healthcare, education, and retail customers under the Steelcase, Coalesse, Details, Designtex, PolyVision, and Turnstone brands. It distributes its products and services through a network of independent and company-owned dealers, as well as directly to end-use customers. Steelcase Inc. was founded in 1912 and is headquartered in Grand Rapids, Michigan.

10,700 Employees
Last Reported Date: 04/16/15
Founded in 1912

steelcase inc-cl a (SCS) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $609.8K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $479.1K
Vice President of Strategy, Research & New Bu...
Total Annual Compensation: $401.3K
Compensation as of Fiscal Year 2014.

steelcase inc-cl a (SCS) Key Developments

Steelcase Inc. Declares Quarterly Cash Dividend, Payable on or Before April 15, 2015

The Steelcase Inc.'s board of directors has declared a cash dividend of $0.1125 per share, to be paid on or before April 15, 2015 to shareholders of record as of April 6, 2015. This represents an increase of 0.75 cents per share compared to the third quarter.

Steelcase Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended February 27, 2015; Provides Earnings Guidance for the First Quarter and Full Year of Fiscal 2016

Steelcase Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended February 27, 2015. For the quarter, the company reported revenue of $749.9 million and net income of $22.8 million, or diluted earnings per share of $0.18. Excluding restructuring costs, adjusted earnings were $0.21 per share. In the prior year, the company reported $779.4 million of revenue, diluted earnings per share of $0.19 and adjusted earnings of $0.18 per share. Operating income was $37.0 million compares to $54.2 million in the prior year. Excluding restructuring costs, fourth quarter adjusted operating income was $43.5 million declined $7.9 million compared to the prior year of $51.4 million. The prior year included profitability associated with an extra week of shipments, while the current quarter included approximately $6 million of higher variable compensation expense linked to improvements in non-operating items and a lower effective tax rate. Income before income tax expense was $32.2 million against $44.6 million a year ago. The $77 million of cash generated from operating activities during the fourth quarter reflected $12 million from seasonally lower working capital compared to uses of cash in each of the first three quarters. Capital expenditures totaled $28 million in the fourth quarter and related to manufacturing investments, new product introductions, a deposit on a replacement aircraft and completion of the new plant in the Czech Republic. For the year, the company reported $3.1 billion of revenue and net income of $86.1 million, or diluted earnings per share of $0.68. Adjusted earnings per share were $0.89. In fiscal 2014, the company recorded $3.0 billion of revenue and net income of $87.7 million, or diluted earnings per share of $0.69. Adjusted earnings per share were $0.82. Income before income tax expense was $137.0 million against $147.2 million a year ago. Operating income was $144.9 million against $165.9 million a year ago. Adjusted operating income was $185.5 million against $185.4 million a year ago. Net cash provided by operating activities was $84.2 million against $178.8 million a year ago. Capital expenditures were $97.5 million against $86.8 million a year ago. The company expects first quarter fiscal 2016 revenue to be in the range of $690 to $715 million, which reflects expected organic revenue growth in the range of 1% to 4% over the prior year. The company reported revenue of $723.1 million in the first quarter of fiscal 2015. The company expects to report diluted earnings between $0.11 to $0.15 per share for the first quarter of fiscal 2016. This estimate includes approximately $0.02 per share of restructuring costs. Adjusted for the estimated restructuring costs, the company expects to report adjusted earnings between $0.13 to $0.17 per share. The estimate also includes approximately $5 million of disruption and inefficiencies associated with the manufacturing footprint changes in EMEA. Steelcase reported diluted earnings per share of $0.17 and adjusted earnings per share of $0.12 in the first quarter of fiscal 2015. For the full fiscal year of 2016, the company expects revenue growth again in 2016, and expects to expand adjusted operating income margins following a relatively flat year in 2015, largely due to significant disruption and inefficiencies in EMEA.

Steelcase Inc. to Report Q4, 2015 Results on Mar 24, 2015

Steelcase Inc. announced that they will report Q4, 2015 results at 5:00 PM, Eastern Standard Time on Mar 24, 2015


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SCS:US $17.58 USD -0.18

SCS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
CACI International Inc $87.25 USD -0.69
Diebold Inc $34.05 USD -0.04
HNI Corp $48.82 USD -0.98
ScanSource Inc $39.20 USD -0.01
Brink's Co/The $31.90 USD -0.15
View Industry Companies

Industry Analysis


Industry Average

Valuation SCS Industry Range
Price/Earnings 26.2x
Price/Sales 0.7x
Price/Book 3.3x
Price/Cash Flow 25.4x
TEV/Sales 0.5x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact STEELCASE INC-CL A, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at