Flexsteel (FLXS) Reports Q1 EPS of $0.48

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Go back to Flexsteel (FLXS) Reports Q1 EPS of $0.48

Flexsteel Industries, Inc. Reports Fiscal First Quarter 2022 Results

October 25, 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 first quarter fiscal 2022 financial results.

Highlights for the First Quarter Ended September 30, 2021

Net sales for the quarter increased 30.8% to $137.7 million compared to $105.2 million in the prior year quarter. Retail home furnishings backlog of $133 million for the quarter up 56.5% compared to $85 million in the prior year quarter. GAAP net income per diluted share of $0.61 for... More