Steelcase Inc. (NYSE:SCS) Q2 2025 Results Conference Call September 19, 2024 8:30 AM ET

Company Participants

Mike O'Meara - Investor Relations
Sara Armbruster - President & Chief Executive Officer
Dave Sylvester - Senior Vice President & Chief Financial Officer

Conference Call Participants

Greg Burns - Sidoti
Steven Ramsey - Thompson Research Group
Reuben Garner - Benchmark
Brian Gordon - Water Tower Research

Operator

Good morning. My name is Rob, and I will be your conference operator today. At this time, I would like to welcome everyone to the Steelcase Second Quarter Fiscal 2025 Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

Mr. O'Meara, you may begin your conference.

Mike O'Meara

Thank you, Rob. Good morning, everyone. Thank you for joining us for the recap of our second quarter fiscal 2025 financial results.

Here with me today are Sara Armbruster, our President and Chief Executive Officer; and Dave Sylvester, our Senior Vice President and Chief Financial Officer.

Our Q2 earnings release, which crossed the wires yesterday, is accessible on our website. This conference call is being webcast, and this webcast is a copyrighted production of Steelcase Inc. A replay of this webcast will be posted to ir.steelcase.com later today. Our discussion today may include references to non-GAAP financial measures and forward-looking statements.

Reconciliations to the most comparable GAAP measures and details regarding the risks associated with the use of forward-looking statements are included in our earnings release, and we are incorporating by reference into this conference call the text of our Safe Harbor statement included in the release. Following our prepared remarks, we will respond to questions from investors and analysts.

I'll now turn the call over to our President and Chief Executive Officer, Sara Armbruster.

Sara Armbruster

Thanks, Mike, and hi, everyone, and thanks for joining our call today. I'd like to offer a few remarks explaining how we continue to make progress against our strategy, and I'll cover some of the highlights of our Q2 results.

As a reminder, our strategy has four pillars. First to lead the transformation of the workplace. Second to diversify the customer and market segments we serve. Third is to improve our profitability. And fourth to use our business as a force for good. So let me begin with transformation.

At Steelcase, we're deeply driven to understand the changing realities of work that our customers face. And through human centered design research and critical thinking, we uncover insights that lead us to innovation and breakthrough design.