QualityStocksNewsBreaks – Channelchek by Noble Highlights Steelcase (NYSE: SCS) Beats Q1 FY26 Expectations with Strong Margins and EPS Upside
Channelchek, a Noble Financial Group, Inc. product and service, reports that Steelcase (NYSE: SCS) delivered first-quarter fiscal 2026 results ahead of expectations, with revenue rising 7% year over year to $779 million—above both the $760 million forecast and $762 million consensus. Gross margin improved to 33.9%, surpassing guidance, while adjusted EPS reached $0.20, topping Noble’s $0.14 estimate and the $0.13 Street consensus. Strength in the Americas, especially among corporate, government, and healthcare customers, drove the gains. Orders dipped slightly overall, with 1% growth internationally offset by a 1% decline in the Americas. Looking ahead, Steelcase expects flat to 4% revenue…
