On September 19, Steelcase (SCS.US), a manufacturer of office furniture, fell 8% before the market opened to $12.97. The company's second-quarter revenue was $8.558 million, lower than Wall Street's expected $8.642 million. The company stated that the decrease in orders from large enterprise customers and the decline in the main international markets have had a negative impact on performance. The company expects third-quarter revenue to be between $7.85 million and $8.1 million, lower than the analyst's expectation of $8.121 million from the FactSet survey.
美股异动 | Steelcase盘前跌8% Q2业绩低于预期
Stock market fluctuation: Steelcase fell 8% before the market opened, Q2 performance lower than expected.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.