Steelcase 2Q Profit Up 42%

GRAND RAPIDS, MI – Steelcase Inc. has reported a 42% increase in second-quarter profit, which beat Wall Street forecasts, according to CNNMoney.com. International sales were a key factor, increasing 19% to $188.9 million. Net income for the quarter ended Aug. 24 was $37.7 million, compared to $26.6 million during the same period last year. Read more.

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