Flexsteel (FLXS) Tops Q1 EPS by 20c

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Flexsteel Industries, Inc. Reports Strong Fiscal First Quarter 2025 Results; 10% Sales Growth and Continued Operating Margin Expansion

October 21, 2024 4:10 PM EDT

DUBUQUE, 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 first quarter fiscal 2025 results.

Key Results for the First Quarter Ended September 30, 2024

Net sales for the quarter of $104.0 million compared to $94.6 million in the prior year quarter, an increase of 9.9% and fourth consecutive quarter of year-over-year sales growth. Robust sales orders of $100.8 million for the first quarter representing growth of 9.4%, compared to the prior year... More