Where did the margins go? Lots of noise in the earnings release; decent results for the year. I am still long FLXS. I will jump right in. Flexsteel (NASDAQ:FLXS) gross margins declined significantly.
The former Flexsteel furniture plant in East Lampeter Township has been sold to a growing Lancaster County logistics firm, Way Services Inc., for $5.3 million, more than twice what an out-of-state ...
The Zacks Furniture industry is facing challenges due to economic uncertainty and declining consumer confidence. Reduced home-related spending, influenced by higher mortgage rates and housing ...
Flexsteel Industries has been struggling with lower profit margins and has not kept pace with overall market growth in the furniture industry. The furniture industry experienced a tough year in 2023, ...
DUBLIN, Georgia — We churn out a lot of cool things in central Georgia. Products like peaches, great music and even Kaolin. But a lot of cities have businesses creating things you may not know about.
Flexsteel Industries said today it will stop making furniture at its Pitney Road plant, idling 110 workers. The shutdown will take effect Nov. 9, ending 53 years of furniture manufacturing here by the ...
DUBUQUE, Iowa--(BUSINESS WIRE)--Aug. 13, 2003--Flexsteel Industries, Inc. (Nasdaq:FLXS) and DMI Furniture, Inc. (Nasdaq:DMIF) jointly announced today that they have signed a definitive purchase ...
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 ...
DUBUQUE, Iowa, August 04, 2025--(BUSINESS WIRE)--Flexsteel Industries, Inc. (NASDAQ:FLXS) ("Flexsteel" or the "Company"), one of the largest manufacturers, importers, and marketers of residential ...