Flexsteel Industries, Inc. Reports Fiscal Fourth Quarter and Full Year 2020 Results

Go back to Flexsteel Industries, Inc. Reports Fiscal Fourth Quarter and Full Year 2020 Results

UPDATE: Flexsteel (FLXS) Reports Q4 Loss of $0.47 on Revenues of $64.81M

August 24, 2020 4:14 PM EDT

(Updated - August 24, 2020 4:15 PM EDT)

Flexsteel (NASDAQ: FLXS) reported Q4 EPS of ($0.47), versus ($0.54) reported last year. Revenue for the quarter came in at $64.81 million, versus $100.21 million reported last year.

Management Commentary

Our nation is still in the grips of the COVID-19 pandemic that continues to inflict widespread damage on our well-being and economy. Like many companies, we felt its enormous impact on our fourth quarter sales and financial results. Due to state and local regulations, virtually all the brick and mortar stores of our retail partners were closed for... More