Flexsteel Industries reports developments in its residential furniture manufacturing, importing, and marketing business. Company news centers on fiscal operating results, demand trends, tariff and pricing effects, product development, and distribution through retail partners and online channels. Its residential furniture portfolio is associated with seating and home furnishings built around the patented Blue Steel Spring technology.
Recurring updates also cover capital allocation, including quarterly cash dividends, common stock repurchases, and balance-sheet actions. Governance and shareholder matters appear when board actions, incentive plans, or other corporate decisions affect the company’s public-company structure.
Flexsteel Industries (FLXS) reported fiscal first-quarter 2027 sales of $114.0 million, with growth accompanied by lower earnings and operating margin. For the quarter ended September 30, 2026, sales rose 3.2% year over year. Flexsteel brand sales increased 5.1%, while Homestyles sales fell 57.6% as the company exits that business. Orders increased 5%, and ending backlog rose 8.2% year over year.
GAAP operating income declined to $6.9 million from $9.0 million; operating margin fell to 6.0% from 8.1%. Diluted earnings decreased to $1.24 from $1.31. Operating activities used $1.465 million of cash. Quarter-end cash was $4.4 million, with approximately $29.1 million available under its secured credit line. Share repurchases totaled $2.2 million, and dividends paid were $1.1 million. For fiscal Q2, Flexsteel expects $119.5–$123.0 million in sales, up 1%–4% year over year, and a GAAP operating margin of 6.5%–7.0%.
Flexsteel Industries (NASDAQ:FLXS) will release its first quarter 2027 financial results after market close on Monday, October 26, 2026.
A conference call and audio webcast for analysts and investors will follow on October 27, 2026, at 8:00 a.m. Central Time to discuss results and answer questions. The earnings release and live and archived webcast will be available at https://ir.flexsteel.com. A telephone replay will be available through November 3, 2026.
Flexsteel Industries (FLXS) will present and meet investors virtually at the Lytham Partners Fall 2026 Investor Conference on September 29–30.
The webcast is scheduled for 1:00 p.m. ET on September 29 and will be available for replay afterward. Management will hold virtual one-on-one meetings during the event.
Flexsteel Industries (FLXS)/b) declared a quarterly cash dividend of $0.25 per share.The dividend is payable on October 12, 2026, to shareholders of record as of September 30, 2026. Flexsteel reports it has paid cash dividends annually since 1938, and this is its 339th consecutive quarterly cash dividend.
Flexsteel Industries (FLXS) appointed Dr. Anand Kangala as an independent director effective September 10, 2026, and named him to the Board’s Audit & Ethics Committee.
Kangala is Chief Digital and Technology Officer at Trex Company and has led enterprise digital, technology, and AI transformations in manufacturing, retail, and financial services. His experience spans consumer engagement, data and AI, enterprise systems, and technology-enabled risk management.
Flexsteel Industries (NASDAQ: FLXS) announced that President & CEO Derek Schmidt and CFO Mike Ressler will present at the 17th Annual Midwest IDEAS Investor Conference on Wednesday, August 26, 2026, at The InterContinental in Chicago, IL. The presentation begins at 9:55 a.m. CT in Presentation Room #2 and will be available via webcast through the conference host’s website. An updated investor presentation covering Flexsteel’s business model, investment thesis, growth strategies, and financial objectives is available on the company’s Events and Presentations webpage.
Flexsteel Industries (NASDAQ: FLXS) reported fiscal 2026 net sales of $459.2 million, up 4.1% year over year, and fourth quarter sales of $115.4 million, up 0.7%. GAAP operating income rose to $42.6 million for the year and $16.3 million for the quarter.
GAAP diluted EPS was $6.07 for fiscal 2026 versus $3.55 in 2025, and $2.58 in Q4 versus $1.89. Adjusted diluted EPS reached a record $4.94 for the year but declined to $1.33 in Q4. Q4 gross margin increased to 30.0%, aided by IEEPA tariff refunds.
The company generated $51.5 million in operating cash flow for the year and $24.3 million in Q4, enabling approximately $64 million of share repurchases in fiscal 2026, including $62.6 million in Q4, and a 25% dividend increase. Flexsteel ended the year with $16.7 million in cash and about $54.1 million of revolver availability.
Flexsteel Industries (NASDAQ:FLXS) will release its fourth quarter 2026 financial results after market close on Monday, August 17, 2026. The company will host a conference call and live audio webcast with analysts and investors on Tuesday, August 18, 2026 at 8:00 a.m. Central Time to discuss the results and take questions.
Investors can join via domestic dial-in at 833-816-1123 or international at 412-317-0710, with a replay available through August 25, 2026. Live and archived webcasts, the earnings release, and pre-registration for the call are available through Flexsteel’s investor relations website.
AudioEye (Nasdaq: AEYE) appointed Matthew Domeyer as Chief Financial Officer, effective July 20, 2026. The company highlights 41 consecutive quarters of sequential revenue growth, $41.2 million in Annual Recurring Revenue, and ongoing operating margin and cash flow improvement as it pursues its next phase of growth.
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