Flexsteel Industries, Inc. Reports Fiscal Second Quarter 2021 Results

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Flexsteel (FLXS) Reports Q2 EPS of $0.79 on Revenues of $119.1M

January 25, 2021 4:10 PM EST

Flexsteel (NASDAQ: FLXS) reported Q2 EPS of $0.79, versus ($0.19) reported last year. Revenue for the quarter came in at $119.1 million, versus $102.9 million reported last year.

Highlights for the Second Quarter Ended December 31, 2020

Net sales increased 15.7% to $119.1 million compared to $102.9 million in the prior year quarterOrganic net sales1, excluding discontinued Vehicle Seating and Hospitality product lines, increased by 25.5%Record retail home furnishings backlog of $101 million as of December 31, 2020, driven by strong... More