Steelcase Inc. is a global leader in office furniture and workspace solutions, specializing in innovative designs that enhance the way people work, collaborate, and engage within their environments. The company offers a wide range of products, including desks, chairs, and modular systems, with a focus on creating adaptable and sustainable workspaces that foster productivity and well-being. In addition to furniture, Steelcase provides strategic consulting and design services to organizations seeking to transform their work environments. By leveraging research and insights into workplace dynamics, Steelcase aims to provide solutions that address the evolving needs of modern work culture. Read More
RH (NYSE: RH), the luxury home furnishings retailer, has experienced a significant downturn in its stock performance, largely attributable to renewed threats of furniture tariffs from former President Donald Trump. This decline, most notably a 7% plummet in after-hours trading on September 11, 2025, followed the company's weak second-quarter earnings
Office furniture manufacturer Steelcase (NYSE:SCS) reported Q3 CY2025 results exceeding the market’s revenue expectations, with sales up 4.8% year on year to $897.1 million. Its non-GAAP profit of $0.45 per share was 23.3% above analysts’ consensus estimates.
Steelcase (SCS) Q2 fiscal 2026 earnings beat estimates with revenue of $897.1M and adjusted EPS of $0.45, driving the stock higher in after-hours trading.
The stocks in this article are all trading near their 52-week highs.
This strength often reflects positive developments such as new product launches, favorable industry trends, or improved financial performance.
The Ademi Firm continues to investigate Steelcase (NYSE: SCS) for possible breaches of fiduciary duty and other violations of law in its transaction with HNI Corporation.
NEW YORK, Sept. 06, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Wall Street has issued downbeat forecasts for the stocks in this article.
These predictions are rare - financial institutions typically hesitate to say bad things about a company because it can jeopardize their other revenue-generating business lines like M&A advisory.
A highly volatile stock can deliver big gains - or just as easily wipe out a portfolio if things go south.
While some investors embrace risk, mistakes can be costly for those who aren’t prepared.
Business services providers use their specialized expertise to help enterprises streamline operations and cut costs. But increasing competition from AI-driven upstarts has tempered enthusiasm,
and over the past six months, the industry has pulled back by 2.8%. This drawdown was disheartening since the S&P 500 gained 5.4%.
Value stocks typically trade at discounts to the broader market, offering patient investors the opportunity to buy businesses when they’re out of favor.
The key risk, however, is that these stocks are usually cheap for a reason – five cents for a piece of fruit may seem like a great deal until you find out it’s rotten.
The Ademi Firm is investigating Steelcase (NYSE: SCS) for possible breaches of fiduciary duty and other violations of law in its transaction with HNI Corporation.
NEW YORK, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Steelcase Inc. (NYSE: SCS) to HNI Corporation (NYSE: HNI). Under the terms of the proposed transaction, shareholders of Steelcase will receive $7.20 in cash and 0.2192 shares of HNI common stock for each share of Steelcase that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Steelcase (NYSE:SCS) and the best and worst performers in the office & commercial furniture industry.
Shares of office furniture manufacturer Steelcase (NYSE:SCS) jumped 65.8% in the afternoon session after the company was acquired by HNI Corporation (NYSE: HNI) in a cash and stock deal valued at approximately $2.2 billion. Under the terms of the agreement, Steelcase shareholders received $7.20 in cash and 0.2192 shares of HNI common stock for each of their shares. The deal, expected to close by the end of 2025, resulted in HNI shareholders owning about 64% of the combined entity, while Steelcase shareholders retained the remaining 36%.
Stay up-to-date with the latest market trends in the middle of the day on Monday. Explore the top gainers and losers during today's session in our detailed report.
BALA CYNWYD, Pa., Aug. 04, 2025 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
