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Consumer Non Cyclical Sector

Office Supplies Industry  




Data by Company within Office Supplies Industry


  Marketcap Revenues (TTM) Net Income (TTM) Employees
Company (Millions) (Millions) (Millions) Number
Millerknoll Inc $ 1,573 $ 3,465 $ -37 -
Hni Corporation $ 1,436 $ 2,383 $ 72 10,400
Steelcase Inc $ 1,320 $ 3,235 $ 56 11,000
Knoll Inc $ 1,234 $ 1,188 $ 6 3,386
Ennis Inc $ 555 $ 400 $ 29 6,018
Office Supplies Industry $ 6,118 $ 10,671 $ 126 30,804
  Recent News from Office Supplies Industry
Steelcase Inc

Steelcase Inc's Robust Earnings Growth and Profit Margin Improvement Amidst Slight Revenue Decline Garner Investor Interest


Date: September 1, 2023
Steelcase Inc, a leading Office Supplies company, has reported impressive earnings growth and improved profit margins, even as revenue experienced a slight decline in the June to August 25, 2023 period. This promising performance has caught the attention of investors who are now contemplating the future potential of the company.
Although revenue dipped by -1.008% to $854.60 million on a year-on-year basis, Steelcase Inc managed to increase its earnings per share significantly, with profit per share soaring by 35.29% to $0.23. This indicates that the company has been able to optimize its financial operations and generate higher profits amidst a challenging market environment.

Ennis Inc

Ennis Inc Reports Solid Revenue Growth in First Quarter of 2024, Outperforming Peers in Office Supplies Industry

Ennis Inc, a leading company in the Office Supplies industry, recently released its financial results for the time-frame closing on May 31, 2023. Despite some challenges, the company managed to maintain its earnings per share (EPS) at $0.45 per share, which is the same as the previous year. However, there was a decline in income by -27.17% from the previous quarter, dropping from $0.62 per share to $0.45 per share.
On the positive side, Ennis Inc's revenue increased moderately by 3.773% to $111.04 million compared to $107.00 million in the corresponding quarter a year before. Sequentially, the revenue also grew by 1.703% from $109.18 million. This growth rate was higher compared to most of the company's peers in the Office Supplies industry during the first quarter of 2024, where the two-thirds of entities in the industry experienced a revenue growth of 1.51% relative to the corresponding period a year ago.

Hni Corporation

HNI Corporation Reports Second Quarter Deficit in Office Supplies Division for 2023



HNI Corporation, a leading office supplies company, experienced a challenging financial second quarter in 2023, marked by lower orders and a substantial decline in revenue. The company slipped into a deficit of $-0.30 per share, while its revenue plummeted by 9.508% to $562.50 million compared to the same period last year.
This downturn stands in stark contrast to the overall office supplies industry, which managed to achieve a commendable 1.51% improvement in revenue during the same period. In the previous financial reporting period, HNI Corporation recorded revenue of $478.30 million and a bottom line of $0.04 per share.

Millerknoll Inc

Millerknoll Inc Reports a Sharp Decline of -19.4% in EPS for Q2 2023 Amidst Growth in Office Supplies Industry



Millerknoll Inc's shares have shown a commendable gain of 8.29% over the past five trading days and an impressive 28.38% growth in the past 12 months. However, recent financial results announced by the office supplies company reveal some concerning numbers. Despite the shares trading 38.6% above their 52-week low, their disappointing earnings per share (EPS) and revenue figures may raise questions about the company's future prospects.
Financial Results:
In the April to June 03, 2023 fiscal span, Millerknoll Inc reported a -19.4% decline in EPS, dropping from $0.34 to $0.27. Similarly, the company experienced a -2.985% decrease in revenue, from $1.08 billion to $1.05 billion, compared year on year. These figures indicate a challenging period for Millerknoll Inc, as they struggled to maintain their previous levels of profitability.

Steelcase Inc

Steelcase Inc Witnesses Modest Revenue Growth and Positive Earnings in Q1 2024

Steelcase Inc, a global leader in office furniture and workspace solutions, reported positive earnings for the fiscal span ending May 26, 2023. The company earned $0.01 per share, a considerable improvement compared to a loss of $-0.10 per share in the same period a year ago. However, there was a significant drop in earnings per share (EPS) from the previous quarter, down by -92.31% from $0.13 per share.
Despite the decline in EPS, Steelcase Inc experienced growth in its revenue. On a year-on-year basis, revenue increased by a modest 1.512% to $751.90 million from $740.70 million in the comparable quarter. However, sequentially, the company witnessed a 6.212% decrease in revenue from $801.70 million.







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