Steelcase Stock Forum

$Steelcase (SCS.US)$ sank more than 10% after hours Wednesday after the office-equipment giant misses analyst estimates for its fiscal Q2 revenues.
SCS fell 10.6% to $12.61 shortly before 4:30 p.m. ET after the company said revenues hit $855.8 million in the three months ended Aug. 23. That trailed the $864.2 million that analysts had reportedly expected.
Still, Steelcase reported non-GAAP earnings of $0.39 per share, beating the $0.37 tha...

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$Steelcase (SCS.US)$ — Shares of the office furniture company jumped nearly 6% on Wednesday evening following a strong earnings report for its most recent quarter. Both adjusted earnings per share and revenue were higher than analysts estimated, according to FactSet. Steelcase also issued guidance for the current quarter that was higher than Wall Street’s projections.
$MillerKnoll (MLKN.US)$ — MillerKnoll, another furniture company, saw shares decline ...

Gapping up
$Steelcase (SCS.US)$ +3% (Steelcase gained 3% in the premarket after the office furniture maker reported better-than-expected quarterly earnings and issued an upbeat profit forecast. Steelcase’s quarterly revenue fell short of Wall Street forecasts as did its revenue forecast, however, but its backlog of orders is 3% higher than it was a year ago.
$Lucid Group (LCID.US)$ +5.81% (the electric vehicle maker raised more than $1....

Gapping up
In reaction to earnings/guidance:
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Gainers:
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• $Apogee Enterprises (APOG.US)$ +6.3% (In reaction to earnings/guidance)
• $GMS Inc (GMS.US)$ +6% (In reaction to earnings/guidance)
• $Darden Restaurants (DRI.US)$ +4.2% (In reaction to earnings/gui...