Steelcase Gets Boost from Return to Office Mandates -- Market Talk

Dow Jones

2025/03/27

1736 ET - Steelcase's gains are coming from return to the office mandates in the Americas. The Grand Rapids, Mich., office-furniture company says that large corporate, small and midsize businesses, government and healthcare customers boosted its topline performance in the latest quarter, helping offset international revenue declines, especially in Germany, France and India. "With more organizations bringing their employees back to the office, we are well positioned to serve their needs with our innovative solutions," CEO Sara Armbruster says. Steelcase shares rise 10% to $11.70 in post-market trading. (sabela.ojea@wsj.com; @sabelaojeaguix)

(END) Dow Jones Newswires

March 26, 2025 17:37 ET (21:37 GMT)

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The Grand Rapids, Mich., office-furniture company says that large corporate, small and midsize businesses, government and healthcare customers boosted its topline performance in the latest quarter, helping offset international revenue declines, especially in Germany, France and India. \"With more organizations bringing their employees back to the office, we are well positioned to serve their needs with our innovative solutions,\" CEO Sara Armbruster says. Steelcase shares rise 10% to $11.70 in post-market trading. (sabela.ojea@wsj.com; @sabelaojeaguix) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 26, 2025 17:37 ET (21:37 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}