Steelcase (SCS) reported Q1 2026 revenue of $779 million, surpassing estimates of $762.43 million by 2.18%.
This marks a 7.10% increase compared to revenue of $727.3 million a year ago.
Adjusted earnings came in at $0.20, beating estimates of $0.13 by 53.85%.
Earnings also rose 25.00% from $0.16 in Q1 2025. For Q2 2026, the company projects earnings between $0.36 and $0.40, aligning with estimates at the high end.
Revenue outlook for Q2 ranges from $860 million to $890 million, which brackets the estimate of $878.80 million.
