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Steelcase says Q4 estimates include gross margin of 33.5%


Steelcase says Q4 estimates include gross margin of 33.5%

Steelcase (SCS) says Q4 estimates include the view of gross margin of approximately 33.5%,projected operating expenses of between $230M to $235M, which includes $4.3M of amortization of purchased intangible assets, projected interest expense, net of investment income and other income, net, of approximately $1M anda projected effective tax rate of approximately 27%."As work and work patterns continue to change, we remain focused on developing new solutions and evolving our capabilities to better serve our customers and dealers," said Sara Armbruster. "Our teams have successfully driven higher levels of profitability all year and we are pleased that our fiscal 2025 adjusted earnings per share are projected to finish above our target."

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