Flexsteel (FLXS) Reports Q3 EPS of $0.72 on Revenues of $118.4M

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Go back to Flexsteel (FLXS) Reports Q3 EPS of $0.72 on Revenues of $118.4M

Flexsteel Industries, Inc. Reports Fiscal Third Quarter 2021 Results

April 26, 2021 4:10 PM EDT

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 third quarter fiscal 2021 financial results.

Highlights for the Third Quarter Ended March 31, 2021

Net sales increased 19.8% to $118.4 million compared to $98.8 million in the prior year quarter Organic net sales1, excluding discontinued Vehicle Seating and Hospitality product lines, increased by 32.9% Record retail home furnishings backlog of $140 million as of March 31, 2021, up 314% versus prior year driven by strong... More