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  Grand Rapids Business Journal

Steelcase expectations shared

 

Steelcase Inc. (NYSE:SCS)  expects third quarter fiscal 2010 revenue to approximate $600 million, compared to $811.3 million in the prior year, which marked the beginning of the current downturn in the office furniture industry. The revenue estimate includes an assumption of approximately $9 million of favorable currency translation effects as compared to the prior year.

 

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