For over 108 years, Steelcase Inc. has helped create great experiences for the world's leading organizations, across industries. The Company demonstrates this through our family of brands - including Steelcase®, Coalesse®, Designtex®, Turnstone®, Smith System®, Orangebox® and AMQ®. Together, they offer a comprehensive portfolio of architecture, furniture and technology products and services designed to unlock human promise and support social, economic and environmental sustainability. The Company is globally accessible through a network of channels, including approximately 800 Steelcase dealer locations. Steelcase is a global, industry-leading and publicly traded company with fiscal 2020 revenue of $3.7 billion.
Company profile
Ticker
SCS
Exchange
Website
CEO
James Keane
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
HNI ...
SEC CIK
Corporate docs
Subsidiaries
AF Steelcase S.A. • AMQ Solutions, LLC • Red Thread Spaces LLC • Smith System Manufacturing Company • Steelcase AG • Steelcase Asia Pacific Limited • Steelcase Canada Limited • Steelcase Czech Republic s.r.o. • Steelcase Financial Services Inc. • Steelcase Furniture (Dongguan) Company Limited ...
IRS number
380819050
SCS stock data
News
10 Industrials Stocks Whale Activity In Today's Session
11 Jul 22
Steelcase's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
1 Jul 22
US Stock Futures Mixed Ahead Of Jobless Claims, Powell Testimony
23 Jun 22
5 Stocks To Watch For June 23, 2022: FedEx, Accenture And More
23 Jun 22
11 Industrials Stocks Moving In Wednesday's After-Market Session
22 Jun 22
Press releases
Steelcase Named a Best Employer for Women by Forbes
1 Aug 22
Steelcase Reports First Quarter Fiscal 2023 Results
22 Jun 22
Steelcase Recognized as One of America's 50 Most Community-Minded Companies
16 Jun 22
Steelcase to Webcast First Quarter Conference Call
1 Jun 22
Steelcase Named a Best Employer for New Graduates by Forbes
26 May 22
Calendar
24 Jun 22
16 Aug 22
24 Feb 23
Financial summary
| Quarter (USD) | May 22 | Feb 22 | Nov 21 | Aug 21 | |
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| Annual (USD) | Feb 22 | Feb 21 | Feb 20 | Feb 19 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 122.6M | 122.6M | 122.6M | 122.6M | 122.6M | 122.6M |
| Cash burn (monthly) | 28.13M | 23.32M | 5.27M | (no burn) | 18.37M | 7.84M |
| Cash used (since last report) | 75.01M | 62.19M | 14.04M | n/a | 48.97M | 20.91M |
| Cash remaining | 47.59M | 60.41M | 108.56M | n/a | 73.63M | 101.69M |
| Runway (months of cash) | 1.7 | 2.6 | 20.6 | n/a | 4.0 | 13.0 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 3 Aug 22 | Lizbeth S O'Shaughnessy | Class A Common Stock | Sell | Dispose S | No | No | 11.2641 | 30,000 | 337.92K | 288,388 |
| 27 Jul 22 | Niemann Jennifer C | Class A Common Stock | Grant | Acquire A | No | No | 0 | 198 | 0 | 22,286 |
| 10 Jun 22 | Kelsey Todd P. | Class A Common Stock | Grant | Acquire A | No | No | 0 | 2,997 | 0 | 6,017 |
| 10 Jun 22 | Duckworth Connie K | Class A Common Stock | Grant | Acquire A | No | No | 0 | 2,933 | 0 | 92,670 |
| 10 Jun 22 | Wege Peter M Ii | Class A Common Stock | Grant | Acquire A | No | No | 0 | 2,742 | 0 | 234,021 |
Institutional ownership, Q1 2022
83.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 199 |
| Opened positions | 27 |
| Closed positions | 36 |
| Increased positions | 82 |
| Reduced positions | 59 |
| 13F shares | Current |
|---|---|
| Total value | 923.04M |
| Total shares | 77.29M |
| Total puts | 224.2K |
| Total calls | 53.9K |
| Total put/call ratio | 4.2 |
| Largest owners | Shares | Value |
|---|---|---|
| PZN Pzena Investment Management | 7.94M | $94.87M |
| BLK Blackrock | 7.93M | $94.79M |
| Earnest Partners | 7.66M | $91.58M |
| Vanguard | 6.86M | $81.98M |
| Dimensional Fund Advisors | 4.16M | $49.7M |
| Cooke & Bieler | 3.56M | $42.57M |
| New York State Common Retirement Fund | 2.08M | $24.85M |
| STT State Street | 1.77M | $21.11M |
| IVZ Invesco | 1.77M | $21.1M |
| Russell Investments | 1.67M | $19.92M |
Financial report summary
?Content analysis
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| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. freshman Avg
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New words:
book, carryback, create, David, declared, divested, dollar, existing, exit, experience, fluctuation, France, fuel, Halcon, incur, initiated, integrated, involuntary, list, LLC, Ludwig, make, meaningful, membership, metric, mitigate, Mutual, partnering, profit, proprietary, reduction, reserve, salaried, seller, Separation, strategy, supplier, surcharge, Sylvester, Voluntary, wood, workplace
Removed:
affiliate, approval, charge, FASB, filed, flexibility, hour, impairment, involved, mix, negatively, partial, pay, preserve, reflected, revised, Robin, Rule, support, temporary, Zondervan
Financial reports
Current reports
8-K
Submission of Matters to a Vote of Security Holders
15 Jul 22
8-K
Steelcase Reports First Quarter Fiscal 2023 Results
22 Jun 22
8-K
Other Events
10 Jun 22
8-K
Steelcase to Acquire HALCON, Maker of Finely Crafted Wood Furniture for the Modern Workplace
5 May 22
8-K
Departure of Directors or Certain Officers
15 Apr 22
8-K
Steelcase Reports Fourth Quarter and Fiscal 2022 Results
23 Mar 22
8-K
Departure of Directors or Certain Officers
10 Jan 22
8-K
Steelcase Reports Third Quarter Fiscal 2022 Results
16 Dec 21
8-K
Steelcase Acquires Spanish Design Company Viccarbe
27 Oct 21
8-K
Departure of Directors or Certain Officers
24 Sep 21
Registration and prospectus
S-8
Registration of securities for employees
16 Jul 21
424B5
Prospectus supplement for primary offering
17 Jan 19
FWP
Free writing prospectus
16 Jan 19
424B5
Prospectus supplement for primary offering
16 Jan 19
S-3ASR
Automatic shelf registration
9 Jan 19
424B2
Prospectus for primary offering
27 Jan 11
FWP
Free writing prospectus
26 Jan 11
424B5
Prospectus supplement for primary offering
23 Jan 11
S-3/A
Shelf registration (amended)
20 May 09
S-3
Shelf registration
23 Apr 09
Proxies
DEFA14A
Additional proxy soliciting materials
1 Jun 22
DEFA14A
Additional proxy soliciting materials
2 Jun 21
DEFA14A
Additional proxy soliciting materials
3 Jun 20
DEFA14A
Additional proxy soliciting materials
29 May 19
DEF 14A
Definitive proxy
30 May 18
DEFA14A
Additional proxy soliciting materials
30 May 18
Other
SD
Conflict minerals disclosure
20 May 22
SD
Conflict minerals disclosure
17 May 21
SD
Conflict minerals disclosure
21 May 20
SD
Conflict minerals disclosure
17 May 19
SD
Conflict minerals disclosure
16 May 18
SD
Conflict minerals disclosure
11 May 17
SD
Conflict minerals disclosure
17 May 16
UPLOAD
Letter from SEC
3 Sep 15
CORRESP
Correspondence with SEC
2 Sep 15
UPLOAD
Letter from SEC
26 Aug 15
Ownership
4
STEELCASE / Lizbeth S O'Shaughnessy ownership change
4 Aug 22
4
STEELCASE / Jennifer C Niemann ownership change
29 Jul 22
4
STEELCASE / KATE P WOLTERS ownership change
13 Jun 22
4
STEELCASE / Linda K Williams ownership change
13 Jun 22
4
STEELCASE / PETER M WEGE II ownership change
13 Jun 22
4
STEELCASE / ROBERT C PEW III ownership change
13 Jun 22
4
STEELCASE / Jennifer C Niemann ownership change
13 Jun 22
4
STEELCASE / Todd P. Kelsey ownership change
13 Jun 22
4
STEELCASE / CONNIE K DUCKWORTH ownership change
13 Jun 22
SC 13G/A
STEELCASE / PZENA INVESTMENT MANAGEMENT ownership change
7 Jun 22
Patents
Utility
Body Support Structure
11 Aug 22
A body support structure includes a base, a seat and a backrest, with the backrest connected to the base with a torsion leaf spring.
Utility
Furniture System
11 Aug 22
A furniture system includes vertical and horizontal frame members, and a connection assembly that includes a T-shaped slot located within the vertical frame member, a T-shaped tab extending from the horizontal frame member and configured to engage the at least one T-shaped slot, at least one locking slot located within the vertical frame member, a locking member configured to engage the locking slot, and a fastener configured such that when the fastener is secured to the locking member the T-shaped tab is driven into engagement with the T-shaped slot and the horizontal frame member is pulled toward the vertical member so as to connect the horizontal frame member to the vertical frame member.
Utility
Body Support Member with Lattice Structure
4 Aug 22
A body support structure includes a structural lattice structure having a first stiffness, and a compressive lattice structure supported by the structural lattice structure and having a second stiffness less than the first stiffness.
Design
Power case
2 Aug 22
Inventors: James Ludwig, Julie Yonehara, Hyun Yoo
Utility
Space guidance and management system and method
2 Aug 22
A system for use in a facility area including reservable spaces and common spaces and comprising a database storing space information, space map data and space scheduling information and including a user interface display screen mounted in a common space, a user location sensor and a processor linked to the databases and programmed to receive sensor signals and determine when a user is located within the sensing zone, the processor further programmed to generate and present a graphical facility area map representation of the facility area on the display screen and, upon detecting a user within the sensing zone, automatically identifying a destination space within the zone that the user likely intends to travel to and presenting an indication of the space on the graphical map indicating the location of the destination space within the facility.
Transcripts
2023 Q1
Earnings call transcript
23 Jun 22
2022 Q4
Earnings call transcript
24 Mar 22
2022 Q3
Earnings call transcript
17 Dec 21
2022 Q2
Earnings call transcript
23 Sep 21
2022 Q1
Earnings call transcript
24 Jun 21
2021 Q4
Earnings call transcript
24 Mar 21
2021 Q3
Earnings call transcript
18 Dec 20
2021 Q2
Earnings call transcript
23 Sep 20
2021 Q1
Earnings call transcript
1 Jul 20
2020 Q4
Earnings call transcript
25 Mar 20
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Daily Discussion Thread - July 6th, 2022
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Daily Discussion Thread - July 4th, 2022
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Pre-market summary - June 23rd
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(6/23) Thursday's Pre-Market Stock Movers & News
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(6/23) Thursday's Pre-Market Stock Movers & News
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(6/22) Wednesday's Pre-Market Stock Movers & News
22 Jun 22
Daily Discussion Thread - June 22nd, 2022
22 Jun 22