Flexsteel Industries, Inc. Provides Update on Restructuring Plans
Flexsteel Industries, Inc. (FLXS)
US:NASDAQ Investor Relations:
flexsteel.com/content/investors
Company Research
Source: Business Wire
DUBUQUE, Iowa--(BUSINESS WIRE)-- Flexsteel Industries, Inc. (NASDAQ:FLXS) (“Flexsteel” or the “Company”), one of the oldest and largest manufacturers, importers and marketers of residential and contract upholstered and wooden furniture products in the United States, today announced updates regarding its previously announced strategic restructuring plan. The plan is intended to improve customer experience, increase organizational effectiveness and gain manufacturing efficiencies to position the Company for long-term success. The Company previously announced its collaboration with AlixPartners to develop and evaluate six key workstreams that would drive the strategic restructuring process. Based on the work and analysis already completed, Flexsteel today announced its plan to take action on several key initiatives over the next two years. These actions will include optimizing sales, general and administrative (SG&A)
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News
- Flexsteel Industries, Inc. (NASDAQ: FLXS) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Flexsteel Industries, Inc. to Announce Third Quarter 2024 Results on April 29 [Yahoo! Finance]Yahoo! Finance
- Flexsteel Industries, Inc. to Announce Third Quarter 2024 Results on April 29Business Wire
- Flexsteel Industries, Inc. (NASDAQ: FLXS) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Strength Seen in Flexsteel (FLXS): Can Its 6.8% Jump Turn into More Strength? [Yahoo! Finance]Yahoo! Finance
FLXS
Earnings
- 2/5/24 - In-Line
FLXS
Analyst Actions
- 2/6/24 - TheStreet
FLXS
Sec Filings
- 4/18/24 - Form 8-K
- 3/11/24 - Form 4
- 3/11/24 - Form 4
- FLXS's page on the SEC website