Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Is Flexsteel Industries (FLXS) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Flexsteel Industries is one of 272 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #4 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups ...

Investors interested in stocks from the Furniture sector have probably already heard of Flexsteel Industries (FLXS) and SharkNinja, Inc. (SN) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings estimat ...

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Flexsteel Industries (FLXS) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Flexsteel Industries is a member of our Consumer Discretionary group, which includes 270 different companies and currently sits at #9 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is ...

Investors interested in Furniture stocks are likely familiar with Flexsteel Industries (FLXS) and SharkNinja, Inc. (SN) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strategy that targets co ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 28th: Impinj (PI) : This company which is a provider of referral and information network radio frequency identification solutions to the retail, pharmaceutical, healthcare, food and beverage and other industries, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its cuurent year earnings increasing 4.2% over the last 60 days. Impinj' shares gained 28.2% over the last ...

Flexsteel Industries (FLXS) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this furniture maker, should get reflected in its stock price. After all, empirical research shows a strong correlation ...

Flexsteel Industries, Inc.'s (NASDAQ: FLXS ) 1Q25 results were within guidance and in line with the company's expectations for FY25 (with some improvement in the low end of the guidance). The company has continued to post very goodLong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, th ...

Dwindling consumer confidence and economic uncertainty are marring prospects of the Zacks Furniture industry. Consumers' cautious spending and high interest rates have created hurdles, but companies like SharkNinja, Inc. (SN) , Virco Mfg. Corporation (VIRC) and Flexsteel Industries, Inc. (FLXS) are capitalizing on this period by strategically investing in technological advancements, product innovation, and efficient cost management. These efforts, combined with accretive buyouts, are set to expand their glo ...

Flexsteel Industries (FLXS) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 19.35%. A quarter ago, it was expected that this furniture maker would post earnings of $0.67 per share when it actually produced earnings of $0.75, delivering a surprise of 11.94%. Over the last four quarter ...

Financial Performance - Net sales for the first quarter of fiscal 2025 were $104.0 million, an increase of 9.9% compared to $94.6 million in the prior year quarter[2] - Gross margin improved to 21.5%, up 200 basis points from 19.5% in the prior year quarter, driven by sales leverage and supply chain cost savings[4] - GAAP operating income for the quarter was $6.0 million, or 5.8% of net sales, compared to $1.9 million, or 2.0% of net sales in the prior year quarter[2] - Net income for the quarter was $4.1 million, or $0.74 per diluted share, compared to $0.8 million, or $0.14 per diluted share in the prior year quarter[5] - Sales orders for the first quarter were robust at $100.8 million, representing a growth of 9.4% compared to the prior year quarter[2] Guidance and Projections - The company is increasing its sales growth guidance for fiscal 2025 from 2%-6% to 3.5%-6.5%[7] - The operating margin guidance for fiscal 2025 has been raised from 5.5%-6.5% to 5.8%-6.5%[7] Cash and Working Capital - Cash balance at the end of the quarter was $5.7 million, with working capital of $98.3 million and availability of approximately $54.9 million under its secured line of credit[6] - Cash and cash equivalents at the end of the period rose to $5,740,000 from $2,973,000 in 2023[15] - Net cash provided by operating activities was $2,398,000, a turnaround from a cash used of $1,781,000 in the previous year[15] Expenses and Investments - Selling, general and administrative expenses decreased to 15.7% of net sales from 17.4% in the prior year quarter, due to higher sales volume leverage[4] - The company reported capital expenditures of $0.4 million for the quarter[6] - Capital expenditures decreased to $427,000 from $1,355,000 in 2023, indicating a reduction in investment outlay[15] - Dividends paid remained relatively stable at $874,000 compared to $879,000 in the prior year[15] Financing Activities - Proceeds from sales of investments amounted to $1,155,000, with no sales reported in the previous year[15] - Proceeds from the line of credit increased to $102,851,000 from $101,365,000, reflecting a slight growth in financing[15] - Payments on the line of credit rose to $104,092,000 from $96,640,000, indicating increased repayment activity[15] Accounts Receivable and Liabilities - The change in provision for losses on accounts receivable improved to a loss of $40,000 from $70,000 in 2023[15] - The company reported a decrease in changes in operating assets and liabilities, improving to $(3,801,000) from $(4,442,000) in the previous year[15]