Flexsteel Reports First Quarter Results

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Flexsteel (FLXS) Tops Q1 EPS by 9c

October 20, 2015 8:53 AM EDT

Flexsteel (NASDAQ: FLXS) reported Q1 EPS of $0.74, $0.09 better than the analyst estimate of $0.65. Revenue for the quarter came in at $127 million versus the consensus estimate of $113.16 million.

Outlook

The Company expects top line growth will continue during the second fiscal quarter due to strong order trends and backlog of unshipped orders. Residential growth... More