10'000 Hours/DigitalVision via Getty Images Flexsteel Industries (NASDAQ:FLXS) 4Q24 results aligned with expectations, posting mid-single digits topline growth with slower improvements in gross margins as raw material prices normalized. Sales growth is leveraging the company's operating margins. My thesis has not meaningfully changed after these earnings: I believe the company's new management is pulling the levers to grow more, albeit starting from a low point after 2022. I also believe that the company ne ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-K Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended June 30, 2024 or Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 0-5151 FLEXSTEEL INDUSTRIES, INC. (Exact Name of Registrant as Specified in Its Charter) Incorporated in State of Minnesota 42-0442319 (S ...

Flexsteel Industries, Inc. (FLXS) reported better than expected fourth-quarter fiscal 2024 (ended Jun 30, 2024) results, with earnings and net sales surpassing the Zacks Consensus Estimate. Both metrics increased on a yearover-year basis. Despite persistent challenges in the industry, Flexsteel benefited from its strategic investments in innovation, new product development, customer experience and marketing. The company achieved a third consecutive instance of sequential quarter-over-quarter adjusted operat ...

Flexsteel Industries, Inc. (NASDAQ:FLXS) Q4 2024 Results Conference Call August 20, 2024 9:00 AM ET Company Participants Mike Ressler - CFO Derek Schmidt - President and CEO Conference Call Participants Anthony Lebiedzinski - Sidoti & Company Operator Good day. And welcome to the Fourth Quarter Fiscal Year 2024 Earnings Results Conference Call [Operator Instructions]. Please note this event is being recorded. I would now like to turn the conference over to Mike Ressler, Chief Financial Officer. Please go ah ...

Flexsteel Industries (FLXS) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 11.94%. A quarter ago, it was expected that this furniture maker would post earnings of $0.56 per share when it actually produced earnings of $0.67, delivering a surprise of 19.64%. Over the last four quarter ...

Flexsteel Industries, Inc. Reports Strong Fiscal Fourth Quarter and Fiscal Year 2024 Results: Continued Sales Growth and Increased Operating Income Dubuque, Iowa – August 19, 2024 – 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 fourth quarter and full-year fiscal 2024 results. Key Results for the Fourth Quarter and Fiscal Year Ended June 30, 2024 • Net ...

Flexsteel Industries, Inc. (FLXS) is slated to report its fourth-quarter fiscal 2024 results on Aug 19, after market close. In the last reported quarter, the company's earnings topped the Zacks Consensus Estimate by 19.6% and increased 139.3% year over year. Net sales topped the consensus mark by 5% and increased 8.2% from the prior-year's level. FLXS' bottom line topped the consensus mark in two of the trailing four quarters, met on one occasion and missed once, an average surprise being negative 4.8%. Tre ...

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Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all. Here are three of the most important factors that make the stock of this furniture maker a great growth pick right now. Earnings Growth Earnings growth is arguably the most important factor, as stocks exhibiting exceptionally surging profit levels tend to attract the attention of most inve ...

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