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

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

Flexsteel Industries, Inc. Reports Fiscal Second Quarter 2021 Results

January 25, 2021 4:05 PM EST

DUBUQUE, Iowa--(BUSINESS WIRE)-- Flexsteel Industries, Inc. (NASDAQ: FLXS) (Flexsteel or the Company), one of the largest manufacturers, importers and online marketers of furniture products in the United States, today reported second quarter fiscal 2021 financial results.

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 quarter Organic 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 year-over-year order growth... More