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 have its President and CFO presenting at the Sidoti Virtual Investor Conference on May 8-9, 2024. The Company will also host one-on-one meetings with investors. Registration is open to all.
Flexsteel Industries, Inc. (NASDAQ:FLXS) appoints Derek P. Schmidt as President and CEO effective July 1, 2024, succeeding Jerald K. Dittmer. Schmidt, with almost 30 years of experience in financial and management roles, has been instrumental in driving the Company's transformation and growth strategy over the past four years. Dittmer, who has led significant business transformation, will stay on as a Strategic Advisor until December 31, 2024, aiding in a smooth transition to Schmidt.
Flexsteel Industries, Inc. reported strong fiscal third quarter 2024 results with 8% sales growth, improved operating margin, and continued debt reduction. The company achieved net sales of $107.2 million, representing an 8.2% increase from the prior year quarter. Gross margin expanded to 21.7%, operating income improved to $3.0 million, and adjusted net income per diluted share rose to $0.67.
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