Welcome to our dedicated page for Flexsteel Inds news (Ticker: FLXS), a resource for investors and traders seeking the latest updates and insights on Flexsteel Inds stock.
Flexsteel Industries Inc (FLXS) delivers innovative furniture solutions for residential and commercial markets through nine decades of manufacturing expertise. This news hub provides investors and industry professionals with centralized access to all official corporate announcements and market developments.
Track earnings reports, leadership updates, product innovations, and strategic partnerships through verified press releases. Our curated collection enables analysis of operational trends while maintaining compliance with financial disclosure standards.
Key content includes quarterly financial results, manufacturing expansions, design patent filings, and distribution network updates. Bookmark this page for real-time notifications about material developments affecting FLXS market position and operational strategy.
Flexsteel Industries, Inc. (NASDAQ:FLXS) will release its third quarter 2023 financial results after market close on May 1, 2023. A conference call and audio webcast for analysts and investors is scheduled for May 2, 2023, at 8:00 a.m. Central Time, to discuss these results. Participants can join the call or access a replay until May 9, 2023.
The company, a leading manufacturer and marketer of residential furniture in the U.S., offers a diverse range of products including sofas, chairs, and bedroom furniture. Flexsteel aims to engage investors through its e-commerce channel and direct sales.
Flexsteel Industries (NASDAQ:FLXS) announced its participation in the Sidoti Virtual Investor Conference on March 22-23, 2023. CEO Jerry Dittmer, COO Derek Schmidt, and CFO Alejandro Huerta will present and hold one-on-one meetings with investors. The presentation is scheduled to start at 12:15 p.m. Eastern Time on Wednesday, March 22. Interested participants can register for free at www.sidoti.com/events. An updated investor presentation outlining key business strategies is available on Flexsteel's website at https://ir.flexsteel.com/news-events/events-and-presentations.
Flexsteel Industries, Inc. (NASDAQ:FLXS) has declared a quarterly dividend of $0.15 per share, payable on April 3, 2023, to shareholders of record as of March 22, 2023. This marks the company's 325th consecutive quarterly cash dividend, affirming its commitment to returning value to shareholders.
Founded in 1938, Flexsteel is a leading manufacturer and marketer of residential furniture in the U.S., offering a diverse range of products including sofas, chairs, and outdoor furniture. The company distributes through e-commerce and direct sales.
Flexsteel Industries (NASDAQ:FLXS) reported its Q2 fiscal 2023 results, showing a 34.3% decrease in net sales to $93.1 million from the previous year's $141.7 million. However, gross margin improved to 17.0%, up from 6.7%, due to effective cost management. The company achieved a GAAP operating income of $3.8 million, recovering from a loss of ($8.6 million) in the same quarter last year. Additionally, net income per diluted share was $0.53, compared to a net loss of ($1.13). Flexsteel reduced its bank debt by $18.6 million in the first half of the fiscal year, focusing on maintaining financial agility amid a challenging economic environment.
Flexsteel Industries, Inc. (NASDAQ:FLXS) will release its second quarter 2023 financial results after market close on February 6, 2023. A conference call and audio webcast for analysts and investors is set for February 7, 2023, at 8:00 a.m. CT to discuss the results. Participants can join the live call at 866-777-2509 (domestic) or 412-317-5413 (international). A replay will be available until February 14, 2023. The earnings release can be accessed on their website at ir.flexsteel.com.
