1Q23 Sales and Operating Results Beat; 2Q23 Guidance Below Estimates; Energy Costs the Culprit
KEY POINTS After market close on June 22, Steelcase reported 1Q23 results, which ended May 27. In its earnings release, management also provided...
667 Views
Updating Estimates After 4Q22 Report; Backlog Elevated; Pricing To Gain Traction; Earnings Improving
KEY POINTS Highlights from 4Q22 included: 1) Consolidated sales were $753.1 million, up 11.2% versus 4Q21, with growth across all segments, and...
27 Views
4Q22 Sales and Earnings Miss Modestly; 1Q23 Loss Guided; Numerous Reasons for Optimism
KEY POINTS On March 23, 2022, Steelcase reported results for its 4Q22, ended February. In the release, management also provided its outlook for...
354 Views
Man Wah Holdings (1999 HK): Looking Over-Stuffed
Man Wah came to our attention in both July’s thematic report on debt manipulation and our up coming tax report.  When we realised that Man Wah has...
516 Views