Earnings summaries and quarterly performance for STEELCASE.
Executive leadership at STEELCASE.
AS
Allan Smith
Detailed
Senior Vice President, President, Americas and Chief Product Officer
DS
David Sylvester
Detailed
Senior Vice President, Chief Financial Officer
MB
Megan Blazina
Detailed
Vice President, Chief Legal Officer and Secretary
RK
Robert Krestakos
Detailed
Vice President, Chief Operations Officer
SM
Steven Miller
Detailed
Vice President, Chief Technology Officer
Board of directors at STEELCASE.
CS
Catherine Schmelter
Detailed
Director
CR
Cathy Ross
Detailed
Director
CD
Connie Duckworth
Detailed
Director
JN
Jennifer Niemann
Detailed
Director
LW
Linda Williams
Detailed
Director
RP
Robert Pew
Detailed
Board Chair
SG
Sanjay Gupta
Detailed
Director
SA
Sara Armbruster
Detailed
Director
TB
Timothy Brown
Detailed
Director
TK
Todd Kelsey
Detailed
Director
Research analysts who have asked questions during STEELCASE earnings calls.
RG
Reuben Garner
Stifel
7 questions for SCS
Also covers: BCC, BECN, BLD +12 more
Steven Ramsey
Thompson Research Group
7 questions for SCS
Also covers: ALTG, AMWD, BLDR +14 more
JG
Joseph Gomes
G.research, LLC
5 questions for SCS
Also covers: ACCO, BTBT, CMTL +17 more
GB
Gregory Burns
Sidoti & Company
4 questions for SCS
Also covers: ACCO, ALG, ATNI +13 more
BG
Brian Gordon
Water Tower Research
1 question for SCS
Also covers: BSET, CULP, HNI +2 more
JG
Joe Gomes
Noble Capital Markets
1 question for SCS
Also covers: ACCO, BLBX, BTBT +15 more
Recent press releases and 8-K filings for SCS.
Steelcase Inc. Acquisition by HNI Corporation Completed
SCS
M&A
Delisting/Listing Issues
Board Change
- HNI Corporation completed its acquisition of Steelcase Inc. on December 10, 2025, making Steelcase a wholly owned subsidiary of HNI.
- Steelcase shareholders received consideration in the form of cash and/or HNI common stock for each share of Steelcase class A common stock.
- The combined business is expected to have pro forma annual revenues of $5.8 billion.
- Steelcase common stock was delisted from the New York Stock Exchange on December 10, 2025.
- Steelcase terminated all outstanding credit commitments under its Fourth Amended and Restated Credit Agreement, and its board of directors was replaced.
Dec 11, 2025, 9:00 PM
HNI Corporation Provides Update on Steelcase Acquisition
SCS
M&A
Earnings
- HNI Corporation expects the acquisition of Steelcase to close before the end of calendar 2025.
- HNI reduced its debt by $120 million during the third quarter of 2025 in advance of the anticipated closing of the Steelcase acquisition.
- HNI views the combination as bringing together highly complementary capabilities, dealer networks, brand portfolios, and customer segments.
- HNI's outlook for the fourth quarter and full year 2025 excludes expected impacts from the pending Steelcase acquisition.
Oct 28, 2025, 11:30 AM
Steelcase: HNI Corporation Announces Early Participation Results for Note Exchange Offer
SCS
M&A
Debt Issuance
- HNI Corporation has received consents from Eligible Holders representing 77.83% in principal amount of Steelcase's 5.125% Notes due 2029 as part of an exchange offer and consent solicitation related to HNI's acquisition of Steelcase.
- The withdrawal deadline for the exchange offer expired on October 9, 2025, at 5:00 p.m., New York City time, meaning tendered notes and delivered consents can no longer be revoked.
- Eligible Holders who tendered their Existing Steelcase Notes by the Early Tender Date of October 9, 2025, are eligible to receive $1,000 principal amount of New HNI Notes plus a $2.50 cash consent payment per $1,000 principal amount.
- Steelcase has executed a supplemental indenture to effectuate proposed amendments to the Existing Steelcase Indenture, which will become operative upon the settlement of the Exchange Offer and Consent Solicitation.
Oct 10, 2025, 12:30 PM
Steelcase reports strong Q2 fiscal 2026 results, driven by large corporate customer growth
SCS
Earnings
M&A
Guidance Update
- Steelcase (SCS) reported strong Q2 fiscal 2026 financial results, with revenue of $897 million and adjusted earnings of $0.45 per share, both exceeding expectations.
- The company achieved 5% revenue growth (4% organic) and 6% order growth year-over-year, primarily driven by large corporate customers in the Americas and strong international performance in India.
- Adjusted operating margin improved by 40 basis points to 8.4%, with the Americas segment achieving an 11% adjusted operating margin.
- Steelcase is not providing forward-looking guidance due to its pending merger with HNI Corporation, which is expected to close by the end of calendar year 2025.
Sep 25, 2025, 12:30 PM
Steelcase Investigated Over HNI Transaction Fairness
SCS
Legal Proceedings
M&A
Takeover Bid
- The Ademi Firm is investigating Steelcase (NYSE: SCS) for potential breaches of fiduciary duty and other violations of law concerning its transaction with HNI Corporation.
- Steelcase shareholders are expected to receive $7.20 in cash and 0.2192 shares of HNI common stock for each Steelcase share, in a transaction valued at approximately $2.2 billion.
- The implied per-share purchase price is $18.30, calculated using HNI's closing share price of $50.62 on August 1, 2025.
- The investigation also highlights concerns regarding substantial benefits for Steelcase insiders from change of control arrangements and a significant penalty imposed if Steelcase accepts a competing bid.
Sep 15, 2025, 6:45 AM
Quarterly earnings call transcripts for STEELCASE.
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