The Latest Breaking News from Steelcase Inc

With changing consumer preferences, the popularity of DIY projects, and smart home requirements, the home improvement industry is flourishing. Thus, fundamentally sound home goods stocks Acuity Brands (AYI), Alarm.com (ALRM), and Steelcase (SCS) could be ideal buys during market volatility. Keep reading….

Growing urbanization trends, falling mortgage rates, rising home starts, and robust consumer spending are boosting the home improvement industry's growth prospects. Therefore, investors could consider buying fundamentally strong home improvement stocks Builders FirstSource (BLDR), Acuity Brands (AYI), and Steelcase (SCS), as they are well-positioned to continue their momentum. Read on.

The Fed’s aggressive rate hike stance has tampered with optimistic investors’ sentiments. Given the associated market volatilities, unlikely to diminish anytime soon, quality growth stocks The Sherwin-Williams Company (SHW), SMART Global Holdings (SGH), and Steelcase (SCS) could be sound watchlist additions in June. Read on….

The home improvement sector is poised for growth with easing inflation and a growing desire for creative and energy-efficient home renovation solutions. Thus, it would be wise to check out Frontdoor, Inc. (FTDR), Steelcase Inc. (SCS), and Haverty Furniture Companies (HVT) to capitalize on the industry tailwinds. Read more….

With easing inflation and rising demand for innovative and energy-efficient solutions for home remodeling, the home improvement industry is well-positioned to grow in the long run. As a result, it might be wise to explore opportunities in fundamentally solid home improvement stocks, Sherwin-Williams (SHW), Frontdoor, Inc. (FTDR), and Steelcase Inc.…

Steelcase Inc. (NYSE:SCS) reported first-quarter revenue growth of 33% year-over-year to $740.70 million, +35% on an organic basis, beating the consensus of $690.94 million. Adjusted EPS was $(0.05), beating the consensus of $(0.18). Revenue by segments: Americas $520.8 million (+38% Y/Y), EMEA $156.4 million (+27% Y/Y) and Others $63.5 million (+12% Y/Y). The…