Steelcase 2008 Fiscal Earnings Up

GRAND RAPIDS, MI – Furniture manufacturer Steelcase Inc. reported its fourth quarter and fiscal year 2008 results. 

The company reported fourth quarter revenue growth of 15.8% to $901.3 million. Net income was $30.6 million, compared to $29.3 million in the prior year period. Fiscal 2008 revenue grew 10.4% over fiscal 2007 to $3.4 billion. The company said it expects first quarter fiscal 2009 revenue growth to be in the range of plus or minus 2% compared to the prior year. 

Read more.

Have something to say? Share your thoughts with us in the comments below.