Steelcase Inc. (SCS: chart) of Grand Rapids, Michigan, reported after market close Monday that it swung to a loss in its fourth quarter, due to continued pricing pressure and inefficiencies related to plant consolidations. The world's largest office furniture maker said it had a net loss of $18.4 million, or 13 cents a share, in the fourth quarter of fiscal 2004, in contrast to a net profit of $17.6 million, or 12 cents a share, in the 2003 comparable period. Year-ago results included gain from the sale of real estate. Excluding items, Steelcase reported a loss of 10 cents a share, for the quarter ended February 27, compared with a profit of 2 cents a share, last year. Analysts had forecast a loss before items of 5 cents a share, on average. Quarterly revenue dropped 9.7% to $563.4 million. For all of 2004, Steelcase posted a net loss of $23.2 million, or 16 cents per share, on revenue of $2.35 billion. This compares to a net loss of $266.1 million, or $1.80 per share, on revenue of $2.53 billion, in fiscal 2003.

For the first quarter, Steelcase said it expects a net loss of 9 cents to 14 cents per share.

Steelcase shares closed Monday at $13.40, up 1 cent, or 0.07%.

Jos. A. Bank Clothiers, Inc. (JOSB: chart) posted before the bell Monday fourth-quarter earnings of $9.6 million, or 85 cents per share, compared with earnings of $6.4 million, or 59 cents per share, in the prior-year equivalent. The Hampstead, Maryland-based retailer of men's clothes beat by two cents a share the mean estimate of analysts. The company attributed the results to stronger sales, which rose to $100.9 million from $77.9 million, a year ago, driven by renewed demand for suits.

The stock slipped 3.57% to $35.89 at market close Monday.

Dynavax Technologies Corporation (DVAX: chart) of Berkeley, California, announced Monday a wider quarterly loss, on higher operating expenses. The biopharmaceutical company turned in a loss of $5.17 million, or $2.83 per share, for its fourth quarter, compared with a loss of $4.71 million, or $2.70 per share, in the same period a year earlier. Looking ahead, the company said it expects a loss between $16 million and $20 million in fiscal 2004.

Dynavax shares rose 3.25% on Monday to $7.63.

Miravant Medical Technologies (MRVT: chart) said Monday that it narrowed its fourth-quarter loss to $1.6 million, or 6 cents a share, from a loss of $4.0 million, or 16 cents a share, in the corresponding period of fiscal 2002. The Santa Barbara, California-based pharmaceutical development company said its cost restructuring program helped improve the results by reducing overall costs.

The stock edged up 8 cents to close Monday at $4.07.

FiberNet Telecom Group, Inc. (FTGX: chart), the New York-based provider of metropolitan connectivity, posted Monday a smaller quarterly loss, aided by rising sales. The company reported a fourth-quarter loss of $12.5 million, or 31 cents a share, in contrast to a loss of $24.0 million, or $1.33 a share, in the same period a year ago. Quarterly revenue advanced 18% to $7.1 million, from $6.0 million a year earlier.

Company shares dipped 1.49% on Monday to $1.32.

Cal-Maine Foods, Inc. (CALM: chart) of Jackson, Mississippi, reported Monday that its third-quarter net earnings tripled to $23.9 million, or $1.98 per share, from net earnings of $7.6 million, or 65 cents per share, last year. The U.S. No.1 producer of fresh eggs recorded sales of $165.7 million in the quarter, up from $106.8 million a year ago, driven by strong demand.

The stock plunged 8.61% to close Monday at $36.60. Company shares recovered 22 cents to $36.82 in after-market trade.

PepsiCo, Inc. (PEP: chart) said Monday that it expects its quarterly earnings to beat Wall Street’s estimates, citing strong performance across all businesses. The Purchase, New York-based world’s No.2 soft-drink maker said it sees a profit of about 46 cents per share for the first quarter. On average, analysts are looking for earnings of 44 cents a share.

PepsiCo shares rose 2.25% on Monday to $52.21.

California Pizza Kitchen, Inc. (CPKI: chart) of Los Angeles, California, lifted Monday its earnings guidance for the first quarter, due to a 6.2% increase in same-store sales. The restaurant operator said it now views first-quarter profit at 19 cents to 20 cents a share, up from a previous outlook of 17 cents to 19 cents a share.

The stock gained 30 cents to close Monday at $19.55. Company shares surged 4.76% to $20.48 in after-hours trading.

Gevity HR, Inc. (GVHR: chart) raised Monday its 2004 profit outlook to a range of 98 cents to $1.10 per share, from an earlier forecast of 90 cents to $1.00 per share. The Bradenton, Florida-based human resource provider cited the acquisition of the HR outsourcing portfolio of EPIX Holdings Corp. as main factor for the improved outlook. Gevity said the acquisition will add 2,100 new clients to the company’s portfolio.

Gevity shares rocketed up 11.08% on Monday to $28.58. The stock shed 3 cents to $28.55 in after-market trade.

Callidus Software Inc. (CALD: chart) of San Jose, California, said Monday that its financial results for the first quarter will miss expectations, on a shortfall in license revenue. The developer of business software said it expects to post a first-quarter net loss on revenue of $16.5 million to $18 million, compared with analysts’ estimates of a profit of 3 cents a share, on revenue of $21.73 million.