STEELCASE INC. Item 2.05. Costs Associated with Exit or Disposal Activities.
On
Item 7.01. Regulation FD Disclosure.
In response to a continued decline in order volume and persisting inflationary
pressures, the Company also announced a series of additional restructuring
actions. These actions involve the involuntary terminations of approximately 80
to 85 hourly employees and 150 to 155 salaried employees in
The Company will hold an investor day event on
The information furnished pursuant to this Item 7.01 to this Current Report on Form 8-K shall not be considered "filed" under the Securities Exchange Act of 1934, as amended, nor shall it be incorporated by reference into future filings by the Company under the Securities Act of 1933, as amended, or under the Securities Exchange Act of 1934, as amended, unless the Company expressly sets forth in such future filing that such information is to be considered "filed" or incorporated by reference therein.
From time to time, in written and oral statements, the Company discusses its
expectations regarding future events and its plans and objectives for future
operations. These forward-looking statements discuss goals, intentions and
expectations as to future trends, plans, events, results of operations or
financial condition, or state other information relating to the Company, based
on current beliefs of management as well as assumptions made by, and information
currently available to, the Company. Forward-looking statements generally are
accompanied by words such as "anticipate," "believe," "could," "estimate,"
"expect," "forecast," "intend," "may," "possible," "potential," "predict,"
"project," "target" or other similar words, phrases or expressions. Although the
Company believes these forward-looking statements are reasonable, they are based
upon a number of assumptions concerning future conditions, any or all of which
may ultimately prove to be inaccurate. Forward-looking statements involve a
number of risks and uncertainties that could cause actual results to differ
materially from those in the forward-looking statements and vary from the
Company's expectations because of factors such as, but not limited to,
competitive and general economic conditions domestically and internationally;
acts of terrorism, war, governmental action, natural disasters, pandemics and
other Force Majeure events; cyberattacks; changes in the legal and regulatory
environment; changes in raw material, commodity and other input costs; currency
fluctuations; changes in customer demand; and the other risks and contingencies
detailed in the Company's most recent Annual Report on Form 10-K and its other
filings with the
(d) EXHIBITS.
Exhibit
Number Description
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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