Steelcase reports Q4 EPS 23c, consensus 21c

Reports Q4 revenue $775.25M, consensus $780.25M. Orders grew 4% in Q4. “I’m proud of the earnings improvement our teams delivered again this quarter, capping off a strong fiscal 2024 in which our net income more than doubled from the prior year,” said Sara Armbruster, president and CEO. “Our 8 percent order growth in the Americas in the fourth quarter was driven by our large corporate customers, and we believe this is reflective of customers investing to create inspiring workplaces as they call for a stronger in-office presence.”