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 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 (NASDAQ:FLXS), a leading U.S. residential furniture manufacturer, has scheduled its second quarter 2025 financial results announcement for February 3, 2025, after market close. The company will host a conference call and webcast with analysts and investors on February 4, 2025, at 8:00 a.m. Central Time.
Participants can join the live conference call using domestic (833-816-1123) or international (412-317-0710) dial-in numbers. A replay will be available through February 11, 2025. The earnings release and webcast will be accessible at ir.flexsteel.com. Pre-registration is available to avoid wait times.
Flexsteel is known for its wide variety of residential furniture products, including sofas, chairs, tables, bedroom furniture, and outdoor furniture, featuring their signature steel drop-in seat spring design.
Flexsteel Industries (NASDAQ:FLXS), a leading manufacturer, importer, and marketer of residential furniture in the United States, has announced its participation in the upcoming Sidoti January Virtual Investor Conference. The company's President and CEO Derek Schmidt, along with CFO Mike Ressler, will deliver a presentation and conduct one-on-one meetings with investors during the two-day event scheduled for January 22-23, 2025.
The presentation is set for Wednesday, January 22, 2025, at 3:15 p.m. Eastern Time. Investors can access the live presentation through a provided Zoom webinar link. The company will also host virtual one-on-one meetings with investors throughout both conference days. Registration for both the presentation and one-on-one sessions is free and available through Sidoti's website, with no requirement to be a Sidoti client.
Flexsteel Industries (NASDAQ:FLXS) has announced two significant shareholder-focused initiatives. The company declared a quarterly dividend of $0.17 per share, payable January 8, 2025, to shareholders of record as of December 28, 2024, marking its 332nd consecutive quarterly dividend since 1938. Additionally, the Board approved a new $30 million share repurchase program on December 11, 2024. The company still has approximately $2.1 million remaining from its previous buyback program, which expires on January 19, 2025. The timing and extent of share repurchases will be influenced by factors including stock valuation, capital planning, cash priorities, market conditions, and legal requirements.
Flexsteel Industries (NASDAQ:FLXS), a leading U.S. residential furniture manufacturer, has announced its participation in the 16th Annual Southwest IDEAS Investor Conference. Derek Schmidt, President & CEO, will deliver a presentation on November 21, 2024, at 1:20 p.m. CST at The Statler in Dallas, TX.
The presentation will be accessible through the conference website and Flexsteel's corporate website. Additionally, the company has published an updated investor presentation outlining its business model, investment thesis, growth strategies, and financial objectives.
Flexsteel Industries, Inc. (NASDAQ:FLXS), a leading manufacturer and marketer of residential furniture in the United States, has announced it will release its first quarter 2025 financial results on October 21, 2024, after market close. The company will host a conference call and webcast on October 22, 2024, at 8:00 a.m. Central Time to discuss the results and answer questions.
Investors can participate in the live conference call using the following numbers: 833-816-1123 (domestic) or 412-317-0710 (international). A replay will be available until October 29, 2024. The webcast will be accessible at ir.flexsteel.com. Flexsteel offers a wide variety of furniture products, including sofas, chairs, tables, and bedroom furniture, with its unique steel drop-in seat spring as a featured component in most upholstered items.
Flexsteel Industries, Inc. (NASDAQ:FLXS), a leading manufacturer, importer, and marketer of residential furniture in the United States, has announced its participation in the Lytham Partners Fall 2024 Investor Conference. The event is scheduled for October 1, 2024, and will be conducted virtually.
Key company representatives, including Derek Schmidt (President & CEO) and Mike Ressler (CFO), will be available for one-on-one meetings with investors during the conference. Interested parties can arrange meetings by contacting Lytham Partners directly or by registering for the event through the provided link.
This participation offers an opportunity for investors to engage directly with Flexsteel's management and gain insights into the company's operations and strategies. The virtual format of the conference allows for efficient and accessible communication between the company and potential investors.
Flexsteel Industries, Inc. (NASDAQ:FLXS), a major U.S. furniture manufacturer, has partnered with 3D Cloud™ to enhance product visualization for over 2,500 retailers. The collaboration introduces 3D Product Configurators and WebAR for 440 products on Flexsteel.com, with plans for expansion. This strategic move aims to improve customer satisfaction and engagement through interactive brand experiences.
Mike McClaflin, CIO at Flexsteel, praised 3D Cloud's technology, pricing, and holistic approach to addressing 3D product visualization challenges. The partnership enables rapid deployment of comprehensive 3D programs, including self-service renders and product configurators. Flexsteel is considering future e-commerce integration and offering configurators for dealer websites.
Flexsteel Industries, Inc. (NASDAQ:FLXS) has announced a significant increase in its quarterly dividend. The Board of Directors declared a quarterly dividend of $0.17 per share, representing a 13% increase from the previous quarter. This dividend will be payable on October 7, 2024, to shareholders of record as of September 25, 2024. This marks Flexsteel's 331st consecutive quarterly cash dividend, maintaining its impressive streak of paying dividends since 1938. The substantial increase in dividend payout demonstrates Flexsteel's commitment to shareholder value and confidence in its financial stability.
Flexsteel Industries, Inc. (NASDAQ:FLXS), a leading manufacturer and marketer of residential furniture in the United States, has announced its participation in the 15th Annual Midwest IDEAS Investor Conference. The event is scheduled for August 29, 2024, at The Gwen in Chicago, IL.
Derek Schmidt, President & CEO, and Mike Ressler, CFO, will represent Flexsteel at the conference. Their presentation is set to begin at 9:15 a.m. CT in Presentation Room #2. Investors and interested parties can access the webcast through the conference host's website or Flexsteel's own website in the News & Events section.
This presentation offers an opportunity for Flexsteel to showcase its business strategies and financial performance to potential investors and analysts, potentially impacting its stock performance and market perception.
Flexsteel Industries (NASDAQ: FLXS) reported strong fiscal Q4 and full-year 2024 results, showing continued sales growth and increased operating income. Key highlights include:
• Q4 net sales increased 4.7% to $110.8 million
• Full-year net sales rose 4.8% to $412.8 million
• Q4 gross margin improved to 21.3% from 20.0% in the prior year
• Q4 GAAP operating income reached $7.6 million, or 6.9% of net sales
• Full-year GAAP operating income was $17.1 million, or 4.1% of net sales
• Q4 adjusted operating income was $6.2 million, or 5.6% of net sales
• Full-year cash flow from operations totaled $31.9 million
• Debt repayments of $23.5 million for the year
The company's strategies to gain market share and expand into new markets are proving successful, driven by investments in innovation, product development, and marketing.