Flexsteel (FLXS) Reports Q2 Loss of $1.05
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Flexsteel Industries, Inc. Reports Fiscal Second Quarter 2022 Results
January 24, 2022 4:10 PM ESTDUBUQUE, 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 2022 financial results.
Key Results for the Second Quarter Ended December 31, 2021
Net sales for the quarter increased 18.9% to $141.7 million compared to $119.1 million in the prior years quarter. Retail home furnishings backlog of $121 million for the quarter, up 20.4% compared to $101 million in the prior-year quarter. GAAP net (loss) income per diluted share of ($1.13) for the... More