Flexsteel Industries Inc (FLXS) Reports Notable Q2 Fiscal 2024 Results and Manufacturing ... [Yahoo! Finance]
Flexsteel Industries, Inc. (FLXS)
US:NASDAQ Investor Relations:
flexsteel.com/content/investors
Company Research
Source: Yahoo! Finance
Operating Income : GAAP operating income rose to $4.6 million, or 4.6% of net sales. Net Income : GAAP net income per diluted share increased to $0.57, up from $0.53 in the prior year quarter. Cash Flow : Strong cash flow from operations at $18.9 million, aided by a $15.6 million reduction in inventories. Balance Sheet : Debt repayments of $15.1 million, marking a 46% reduction in borrowings under the line of credit. Manufacturing Network : Announced closure of Dublin, Georgia plant to optimize operations, expecting annualized savings of $4.0 to $4.5 million. Warning! GuruFocus has detected 10 Warning Signs with FLXS. On February 5, 2024, Flexsteel Industries Inc ( NASDAQ:FLXS ) released its 8-K filing , announcing its financial results for the second quarter ended December 31, 2023. The company, a prominent player in the manufacture, import, and marketing of residential furniture in the United States, showcased a healthy sales growth and a significant improvement in gros
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News
- Is Flexsteel Industries (FLXS) Stock Outpacing Its Consumer Discretionary Peers This Year? [Yahoo! Finance]Yahoo! Finance
- 3 Reasons Why Flexsteel (FLXS) Is a Great Growth Stock [Yahoo! Finance]Yahoo! Finance
- Flexsteel (FLXS) Moves to Buy: Rationale Behind the Upgrade [Yahoo! Finance]Yahoo! Finance
- Should Value Investors Buy Flexsteel Industries (FLXS) Stock? [Yahoo! Finance]Yahoo! Finance
- Flexsteel Industries, Inc. (NASDAQ: FLXS) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
FLXS
Earnings
- 4/29/24 - Beat
FLXS
Analyst Actions
- 2/6/24 - TheStreet
FLXS
Sec Filings
- 5/1/24 - Form 10-Q
- 4/29/24 - Form 8-K
- 4/18/24 - Form 8-K
- FLXS's page on the SEC website