Flexsteel (FLXS) Tops Q3 EPS by 32c, Beats on Revenue; Offers FY25 Revenue Guidance
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Flexsteel Industries, Inc. Reports Strong Fiscal Third Quarter 2025 Results
April 21, 2025 4:15 PM EDTDUBUQUE, 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 third quarter fiscal 2025 results.
Key Results for the Third Quarter Ended March 31, 2025
Net sales for the quarter of $114.0 million compared to $107.2 million in the prior year quarter, an increase of 6.3% and the sixth consecutive quarter of year-over-year sales growth. GAAP operating loss of ($5.1) million or (4.4%) of net sales, due to a $14.1 pre-tax impairment charge related to... More