Flexsteel (FLXS) Tops Q1 EPS by 9c

Flexsteel Reports First Quarter Results

October 19, 2015 7:15 PM EDT

DUBUQUE, Iowa--(BUSINESS WIRE)-- Flexsteel Industries, Inc. (NASDAQ: FLXS) today reported record first quarter net sales and net income.

Financial Highlights:

Net sales increased 16.4% to $127 million. Net income increased 18.1% to $5.8 million, or 4.6% of net sales.

The following table compares net sales for the quarters ended September 30, (in millions):

               

  2015  

  2014  

$ Change

% Change Residential $ 106.3 $ 91.4 $   14.9 16.3 % Commercial... More