Steelcase reports Q2 adjusted EPS 31c, consensus 20c

Reports Q2 revenue $854.6M, consensus $828.82M. “We delivered better than expected revenue and earnings in a dynamic environment due primarily to continued improvement in our order fulfillment patterns and pricing benefits,” said Sara Armbruster, president and CEO. “Through the first half of the year, although project activity has softened, we’ve seen strong growth in our continuing business as customers make investments to refresh their existing spaces.”