Profile
Sector:
Consumer CyclicalIndustry:
Furnishings, Fixtures & AppliancesCountry:
United StatesIPO:
17 March 1980Website:
http://www.flexsteel.comNext earnings report:
05 February 2025Last dividends:
25 September 2024Next dividends:
N/APrice
after hours | Fri, 15 Nov 2024 21:02:24 GMTAnalysts recommendations
Institutional Ownership
FLXS Latest News
Here is how Flexsteel Industries (FLXS) and Imax (IMAX) have performed compared to their sector so far this year.
Flexsteel (FLXS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Flexsteel Industries, Inc. (NASDAQ:FLXS ) Q1 2025 Earnings Call Transcript October 22, 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 Flexsteel Industries First Quarter Fiscal Year 2025 Earnings Results. All participants will be in listen-only mode.
Flexsteel Industries, Inc.'s Q1 FY25 results showed 10% revenue growth, outperforming the furniture sector, but cyclical factors warrant a conservative valuation approach. Despite strong performance and market enthusiasm, Flexsteel's stock price at close to $60 is deemed overvalued, maintaining a Hold rating. Operating leverage and margin expansion are positive, but the stock's current valuation embeds extreme optimism and poses downside risks.
Deteriorating U.S. consumer confidence and concerns for future business growth are concerns for the industry. Yet, focus on product innovation & technological solutions raises hope for SN, VIRC and FLXS.
Flexsteel Industries (FLXS) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.14 per share a year ago.
FLXS' first-quarter fiscal 2025 performance is expected to have benefited from investments in innovation, product development, customer experience and cost-saving initiatives.
Investors interested in Furniture stocks are likely familiar with Flexsteel Industries (FLXS) and SharkNinja, Inc. (SN). But which of these two stocks presents investors with the better value opportunity right now?
DUBUQUE, Iowa--(BUSINESS WIRE)--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, announced today that it will issue its first quarter 2025 financial results after market close on Monday, October 21, 2024. A conference call and audio webcast with analysts and investors will be held on Tuesday, October 22, 2024, at 8:00 a.m. Central Time to discuss the results.
Flexsteel to enhance retail engagement and streamline product management with 3D Cloud integration.
What type of business is Flexsteel Industries?
Flexsteel Industries, Inc., together with its subsidiaries, operates as a manufacturer, importer, and markets of furniture for residential markets in the United States. It provides furniture, such as sofas, loveseats, chairs, reclining rocking chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs, kitchen storage, bedroom furniture, and outdoor furniture. The company distributes its products through e-commerce channels and dealer sales force. Flexsteel Industries, Inc. was founded in 1893 and is based in Dubuque, Iowa.
What sector is Flexsteel Industries in?
Flexsteel Industries is in the Consumer Cyclical sector
What industry is Flexsteel Industries in?
Flexsteel Industries is in the Furnishings, Fixtures & Appliances industry
What country is Flexsteel Industries from?
Flexsteel Industries is headquartered in United States
When did Flexsteel Industries go public?
Flexsteel Industries initial public offering (IPO) was on 17 March 1980
What is Flexsteel Industries website?
https://www.flexsteel.com
Is Flexsteel Industries in the S&P 500?
No, Flexsteel Industries is not included in the S&P 500 index
Is Flexsteel Industries in the NASDAQ 100?
No, Flexsteel Industries is not included in the NASDAQ 100 index
Is Flexsteel Industries in the Dow Jones?
No, Flexsteel Industries is not included in the Dow Jones index
When was Flexsteel Industries the previous earnings report?
No data
When does Flexsteel Industries earnings report?
The next expected earnings date for Flexsteel Industries is 05 February 2025