Earnings Results: Steelcase expects ‘significantly improved’ profit, as more employees return to offices

Shares of Steelcase Inc. rallied after hours on Tuesday, after the office-furniture maker said it expects “significantly improved” profit as more employers order their workers back to the office.

For the full fiscal year, Steelcase SCS said it expects “significantly improved” adjusted earnings per share of between 80 cents and 90 cents, above FactSet estimates for 66 cents a share.

“More…