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Steelcase Reports Modest Fourth Quarter Results, Hikes Dividend

2015-03-26 04:06:55| Furniture - Topix.net

The Michigan-based office furniture maker, Steelcase Inc. , reported good growth in earnings in the fourth quarter of the fiscal year 2015, which topped the Street expectations. However, due to certain headwinds, the revenue failed to exceed the Street expectations and fell far below the revenue reported in the fourth quarter of the previous fiscal year.

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