![STEELCASE INC [SCS] posts $11.40M profit as revenue falls 4.22% to $826.90M](/_next/image?url=http%3A%2F%2F10kinfo-appdata.s3.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FSCS.png&w=3840&q=75)
STEELCASE INC [SCS] posts $11.40M profit as revenue falls 4.22% to $826.90M
By USInMinutes
Published - Dec 21, 2022, 11:19 AM ET
Last Updated - Feb 07, 2023, 01:58 PM EST
| EPS: | 0.1 | Net Sales: | $826.90M |
STEELCASE INC [SCS] posted a profit of $11.40M, marking a fall of 41.84% for this quarter.
Revenue fell to $826.90M this quarter compared to $863.30M in the previous quarter.
The Michigan(MI)-based company’s earnings per share came in at 0.1, compared to 0.17 in the last report.
According to the latest quarterly report the company has filed with the SEC, current earnings were $11.40M, down 41.84% from $19.60M.
The company’s net sales for the period were $826.90M, down 4.22%. Net sales in the previous quarter were $863.30M.
