Flexsteel Inds SEC Filings

Flexsteel Industries (FLXS) reported stronger quarterly results. Net sales were $110.4 million, up 6.2% year over year, while gross margin improved to 23.5% from 21.5%. Operating income rose to $9.0 million from $6.0 million, and net income increased to $7.3 million, or $1.31 per diluted share, compared with $0.74 a year ago.

Backlog reached $67 million, up 9.8%. Cash and cash equivalents were $38.6 million, and the company had no borrowings on its revolving credit facility. The credit agreement’s maximum revolver was reduced to $55 million in June to align with projected needs. Flexsteel paid a $0.20 per-share dividend and repurchased 31,026 shares for $1.13 million during the quarter. Shares outstanding were 5,340,446 as of October 22, 2025.

Flexsteel Industries (FLXS) reported results for the first quarter ended September 30, 2025 via an 8-K. The company attached a press release as Exhibit 99.1 detailing operating results.

Flexsteel will host a conference call and webcast on October 21, 2025 at 8:00 a.m. Central Time (9:00 a.m. ET) to discuss the results and take questions. Dial 833-816-1123 (domestic) or 412-317-0710 (international), or listen via the Investor Relations site. A replay is available through October 28, 2025 at 877-344-7529 or 412-317-0088, access code 5986682.

Flexsteel Industries, Inc. reported that director Thomas M. Levine has notified the Board of his intention to resign from the Board of Directors. His resignation will be effective at the conclusion of the Board meeting scheduled for December 10, 2025.

The company states that Mr. Levine is stepping down to focus on family and other interests, and that he has confirmed his decision is not due to any disagreement with the company’s operations, policies, or practices. Flexsteel issued a press release on October 9, 2025 announcing his planned departure, which is included as an exhibit to this report.

Flexsteel Industries Inc. Schedule 13G/A discloses that Jeffrey T. Bertsch (personally and as trustee of the JTB Revocable Trust) reports beneficial ownership of 310,241 shares, representing 5.9% of the company's common stock. The filing states these shares carry sole voting and dispositive power and were reported following the dissolution of the Frank H. Bertsch Trust No. 2, which distributed a portion of its holdings to the JTB Revocable Trust so the terminated trust now holds 0 shares. The report certifies the holdings were not acquired to change or influence control and is signed by Mr. Bertsch as trustee on 10/08/2025.

Schedule 13G/A filed for Flexsteel Industries Inc (FLXS) reports that Steven H. Bertsch and the Steven H. Bertsch Declaration of Trust dated November 6, 2020 beneficially own 410,815 shares of common stock, representing 7.8% of the class. The filing states the reporting persons have sole voting and sole dispositive power over all 410,815 shares and that the holdings were not acquired to change or influence control of the issuer. The filing lists the trustee and trust as the reporting parties and gives a business address c/o counsel in Chicago. The statement is certified by Steven H. Bertsch with signatures dated 10/08/2025.

Flexsteel Industries, Inc. Schedule 13G/A shows that Carolyn T. Bertsch Bleile, both individually and as trustee of the Carolyn T. Bleile Declaration of Trust dated August 8, 2001, reports beneficial ownership of 446,303 shares of common stock, representing 8.5% of the outstanding class. The filing states Ms. Bleile has sole voting and dispositive power over all reported shares and affirms the holdings were not acquired to change or influence control of the company. The report lists the issuer address in Dubuque, Iowa, and the filing is dated 10/07/2025 with signatures dated 10/08/2025.

Flexsteel Industries, Inc. (FLXS) reports that on 10/07/2025 a reporting person who served as trustee caused 208,179 shares of common stock to be transferred, for $0, to beneficiaries after three trusts were dissolved. The Form 4 shows the reporting person disclaimed beneficial ownership while trustee; following the transactions the reported indirect ownership of the listed trust holdings is 0 shares. The filing was signed by an attorney-in-fact on 10/08/2025.

Flexsteel Industries insider Stacy Marie Kammes, the company's Vice President of Human Resources, reported transactions on 08/22/2025. She was granted or received 5,655 shares (code A) at no cash price and sold 2,565 shares (code F) at $43.97 per share, leaving her with 28,346 shares beneficially owned after the reported transactions.

Michael Joseph McClaflin, Chief Information Officer and director of Flexsteel Industries (FLXS), reported share transactions on 08/22/2025. He acquired 8,899 shares with a reported price of $0, bringing his beneficial ownership to 40,479 shares, and disposed of 4,303 shares at $43.97, leaving 36,176 shares beneficially owned after the transactions. The Form 4 was signed by an attorney-in-fact, Jennifer Zeman, on 08/26/2025.