Flexsteel (FLXS) Tops Q2 EPS by 30c, Beats on Revenue; Offers Q3 Revenue
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Flexsteel Industries, Inc. Reports Strong Fiscal Second Quarter 2024 Results and Announces Manufacturing Network Optimization Actions
February 5, 2024 4:10 PM ESTDUBUQUE, Iowa--(BUSINESS WIRE)-- Flexsteel Industries, Inc. (NASDAQ: FLXS) (Flexsteel or the Company), one of the largest manufacturers, importers, and marketers of residential furniture products in the United States, today reported second quarter fiscal 2024 results and announced actions to optimize its North American manufacturing network.
Key Results for the Second Quarter Ended December 31, 2023
Healthy sales growth of 7.5%. Net sales for the quarter of $100.1 million compared to $93.1 million in the prior year quarter. Robust sales orders of $104.8 million representing growth of $12.8M, or 13.9%, compared to prior year... More