{"id":113850,"date":"2021-05-12T20:25:00","date_gmt":"2021-05-12T20:25:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2870469"},"modified":"2021-05-12T20:25:00","modified_gmt":"2021-05-12T20:25:00","slug":"water-tower-research-publishes-initiation-coverage-report-on-steelcase-incorporated-scs-titled-tempered-by-time-and-events-moving-to-the-other-side-of-covid","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2021\/05\/12\/water-tower-research-publishes-initiation-coverage-report-on-steelcase-incorporated-scs-titled-tempered-by-time-and-events-moving-to-the-other-side-of-covid\/","title":{"rendered":"Water Tower Research Publishes Initiation Coverage Report on Steelcase Incorporated (SCS) Titled \u201cTempered by Time and Events: Moving to the Other Side of COVID\u201d"},"content":{"rendered":"

\"Water<\/p>\n

CHICAGO, IL., May, 12, 2021 – Water Tower Research has published an Initiation of Coverage report on Steelcase Incorporated<\/a> (NYSE:SCS), a global market share leader for commercial\/contract furniture.\u00a0 Together with a commercial\/contract furniture industry report titled \u201cCommercial\/Contract Furniture: The Times, They Are A-Changin\u2019<\/a>,\u201d these reports provide an overview of Steelcase, its history and research-based discipline, and the commercial\/contract furniture industry.<\/p>\n

Steelcase is a global market share leader for commercial\/contract furniture. \u201cNamed for the 15th<\/sup> time by Fortune Magazine<\/em> as one the world\u2019 most admired companies\u2026its global capabilities and research-based approach make it a preferred partner for organizations in any part of the world,\u201d said Budd Bugatch, Senior Analyst for Water Research who has followed Steelcase and commercial\/contract furniture industry for more than 20 years. Bugatch continued, \u201cWith the vaccination phase of the COVID-19 pandemic now taking hold, Steelcase is poised to regain momentum at businesses and other organizations return to some sense of normalcy.\u201d<\/p>\n

Mr. Bugatch concluded, “COVID-19 caused significant declines in YOY order and sales comparisons of commercial\/contract furniture during the last 9 months of calendar 2020 and first 3 months of calendar 2021, as reported by BIFMA, the industry\u2019s trade association.\u00a0 Pre-pandemic, Steelcase was regaining market share and delivering improving profitability, having reported one of its best full-year results of the past 20 years in fiscal 2020.\u00a0 \u00a0Due to its Work Better<\/em> research, Steelcase is in an ideal position to inform organization leaders about five key needs of people, post pandemic: (1) safety, (2) belonging, (3) productivity, (4) comfort, and (5) control.\u201c<\/p>\n

In the industry report, Mr. Bugatch traces the history of the commercial\/contract furniture industry through its growth years of the second half of the 20th<\/sup> century into the cyclical years of the first part of the 21st<\/sup> century.\u00a0 He further discusses the recently announced agreement by Herman Miller and Knoll to combine and comments about the expected transformational changes as well as the potential disruptions and opportunities that may occur with the combination.<\/p>\n

About Water Tower Research<\/strong><\/p>\n

Water Tower Research<\/a> is a shareholder communication and engagement platform powered by senior industry experts with significant Wall Street experience. We create, deliver, and maintain the information flow required to build and preserve relationships with every stakeholder and potential investor. Our foundation is built on Wall Street veterans using open digital distribution strategies that are accessible by everyone. “Research for the Other 99% \"™\" ” opens the door to reach a much broader and diverse set of investors while helping to strengthen overall communications, transparency, and engagement. Please see the disclosures here<\/a>.<\/p>\n

Contact information:<\/h4>\n

Budd Bugatch
\nConsumer Hardlines
\nbudd@watertowerresearch.com
\n+1 (727) 278 8461<\/p>\n

\n

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The post Water Tower Research Publishes Initiation Coverage Report on Steelcase Incorporated (SCS) Titled \u201cTempered by Time and Events: Moving to the Other Side of COVID\u201d<\/a> appeared first on Financial Market Brief<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

CHICAGO, IL., May, 12, 2021 – Water Tower Research has published an Initiation of Coverage report on Steelcase Incorporated (NYSE:SCS), a global market share leader for commercial\/contract furniture.  Together with a commercial\/contract furniture industry report titled “Commercial\/Contract Furniture: The Times, They Are A-Changin’,” these reports provide an overview of Steelcase, its history and research-based discipline, […]<\/p>\n

The post Water Tower Research Publishes Initiation Coverage Report on Steelcase Incorporated (SCS) Titled “Tempered by Time and Events: Moving to the Other Side of COVID”<\/a> appeared first on Financial Market Brief<\/a>.<\/p>\n

Continue Reading →<\/span><\/a><\/p>\n","protected":false},"author":291,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-113850","post","type-post","status-publish","format-standard","hentry","category-press-release"],"yoast_head":"\nWater Tower Research Publishes Initiation Coverage Report on Steelcase Incorporated (SCS) Titled \u201cTempered by Time and Events: Moving to the Other Side of COVID\u201d - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2021\/05\/12\/water-tower-research-publishes-initiation-coverage-report-on-steelcase-incorporated-scs-titled-tempered-by-time-and-events-moving-to-the-other-side-of-covid\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Water Tower Research Publishes Initiation Coverage Report on Steelcase Incorporated (SCS) Titled \u201cTempered by Time and Events: Moving to the Other Side of COVID\u201d - Business\" \/>\n<meta property=\"og:description\" content=\"CHICAGO, IL., May, 12, 2021 – Water Tower Research has published an Initiation of Coverage report on Steelcase Incorporated (NYSE:SCS), a global market share leader for commercial\/contract furniture.  Together with a commercial\/contract furniture industry report titled “Commercial\/Contract Furniture: The Times, They Are A-Changin’,” these reports provide an overview of Steelcase, its history and research-based discipline, […] The post Water Tower Research Publishes Initiation Coverage Report on Steelcase Incorporated (SCS) Titled “Tempered by Time and Events: Moving to the Other Side of COVID” appeared first on Financial Market Brief. 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