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0.000634517766497448 0.0012690355329949 0.00317258883248724 0.00380710659898469 0.00666243654822326 0.00475888324873092 0.00602791878172582 0.00602791878172582
Stock impact report

Office & Commercial Furniture Stocks Q3 Recap: Benchmarking Interface (NASDAQ:TILE) [Yahoo! Finance]

Steelcase Inc. (SCS) 
Last steelcase inc. earnings: 3/24 04:29 pm Check Earnings Report
US:NYSE Investor Relations: steelcase.com/investor-relations
Company Research Source: Yahoo! Finance
Today we are looking at Interface (NASDAQ:TILE) and the best and worst performers in the office & commercial furniture industry. The sector faces a tepid outlook as workplace dynamics continue to evolve. Hybrid work means that enterprise demand for office furniture is lower. Consumer demand for the same products likely will not offset the loss from enterprises, as individual workers tend to have less space and need for the sector's wares. The Trump administration also possesses a high willingness to impose tariffs on key partners, which could result in retaliatory actions, all of which could pressure those selling furniture that may feature components or labor from overseas. Lastly, the COVID-19 pandemic showed that there is always a risk that something disrupts supply chains, and companies need contingency plans for this. The 4 office & commercial furniture stocks we track reported a strong Q3. As a group, revenues beat analysts' consensus estimates by 2.1% while next quarter's r Show less Read more
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