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Steelcase beat Q3 earnings expectations, reporting $0.26 per share, with a 9% rise in Q4 orders.
Office furniture company Steelcase reported Q3 earnings of $0.26 per share, exceeding expectations, with revenue of $788 million, slightly below forecasts.
The company updated Q1 guidance to $0.13-0.17 EPS and saw a 9% increase in Q4 orders, driven by growth in the Americas.
Steelcase's stock rose to $10.62 after the report.
Despite a 3.2% annual revenue decline over five years, the company plans mid-single-digit revenue growth for fiscal 2026 and aims to improve its operating margins.
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Steelcase superó las expectativas de ganancias del Q3, reportando $0.26 por acción, con un aumento del 9% en las órdenes del Q4.