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Steelcase Inc  (SCS)
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Regardless of Strong Revenues Earnings deteriorated at in the financial interval ending August 26 2022

company recorded second quarter of 2022 operating income of $28.9 millions

Published 2022-09-25T15:12:11+00:00
Goran Soko / CSIMarket.com Contributer

MTDR-_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsSCSs' bottom-line deteriorated, despite the Revenue improvement in the Aug 26 2022 report, income fell by -19.05 % to $0.17 per share, while Revenue increased admirably by 19.109 % to $863.30 millions, from the similar reporting period a year before.

from the preceding reporting period from $-0.10 per share, Revenues improved by 16.552 % from $740.70 millions.


Net profits of $19.600 millions in the financial interval ending August 26 2022 fell by -20.65 % from $24.700 millions in the corresponding period a year before. Steelcase Inc shifted it's focus on improving sales in the financial interval ending August 26 2022, as a result net margin eased to 2.27%.
Operating earnings, fell -14.75% to $28.9 millions, squeezing Steelcase Inc's operating margin to %.

Steelcase Inc is expected to report next financial recent numbers on December 19, 2022.


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Other SCS's Earnings Reports

Steelcase Inc reported second quarter 2022 earnings

Steelcase Inc reported first quarter 2022 earnings

Steelcase Inc reported fourth quarter 2021 earnings

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