Flexsteel Industries, Inc. delivered strong fiscal Q1 '26 results with 6% YoY revenue growth and 230 bps margin expansion, but management warns of challenging conditions ahead. FLXS continues to gain market share through aggressive product innovation and effective marketing, despite a sluggish furniture market. Management highlights macroeconomic headwinds and significant new tariffs impacting ...
Flexsteel Industries, Inc. (NASDAQ:FLXS ) Q1 2026 Earnings Call October 21, 2025 9:00 AM EDT Company Participants Michael Ressler - CFO, Treasurer & Secretary Derek Schmidt - CEO, President & Director Conference Call Participants Anthony Lebiedzinski - Sidoti & Company, LLC William Dezellem - Tieton Capital Management, LLC Presentation Operator Good day, and welcome to the Flexsteel Industries ...
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 2026 results. Key Results for the First Quarter Ended September 30, 2025 Net sales for the quarter of $110.4 million compared to $104.0 mill...
DUBUQUE, Iowa--(BUSINESS WIRE)--Flexsteel Industries, Inc. (NASDAQ:FLXS) (“Flexsteel” or the “Company”), announced that long-time board member Thomas (Tom) M. Levine has declared his plan to retire following the December 2025 board meeting. “Flexsteel has been fortunate to have a director of the caliber of Tom Levine for so many years,” said President and CEO, Derek Schmidt. “His dedication and...
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, announced today that it will issue its first quarter 2026 financial results after market close on Monday, October 20, 2025. A conference call and audio webcast with analysts and...
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 announced that it will participate in a webcast presentation and host one-on-one meetings with investors at the Lytham Partners Fall 2025 Investor Conference, taking place...
DUBUQUE, Iowa--(BUSINESS WIRE)--Flexsteel Industries, Inc. (NASDAQ:FLXS), announced its Board of Directors declared a quarterly dividend of $0.20 per share, payable October 6, 2025, to shareholders of record as of September 24, 2025. Flexsteel has paid cash dividends on its common stock each year since 1938. This is the 335th consecutive quarterly cash dividend. About Flexsteel Flexsteel Indust...
Flexsteel presented very good 4Q25 (calendar 2Q25) results, with MSD growth in topline and operating margin leverage. However, growth is consistently decelerating, and the company might face more challenges in the near future because of tariffs. Flexsteel implemented tariffs surcharges of MSD/HSD in August, which might impact sales or gross margins.
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