Flexsteel Industries IncFLXS

NasdaqConsumer SpendingHousehold Furniture
Price (close)
$88.37
Market cap
$362.9M
P/E
11.0x
Revenue (TTM)
$459.2M
Net income
$33.1M
Dividend yield
0.74%
1-year total return
91.5%
Net margin
7.2%
Revenue growth
4.1%
Debt / equity
—

What Flexsteel Industries Inc does.

Flexsteel Industries, Inc. and Subsidiaries (the “Company,” “Flexsteel,” or “Our”) is one of the largest residential furniture manufacturers, importers, and marketers in the U.S. Flexsteel addresses different consumer groups through our core brand, Flexsteel, and several category-specific sub-brands: Zecliner, Statements, Zen, Perfect Match, and Pulse, all of which have unique value propositions tailored to specific consumer needs. We offer a wide assortment of product solutions for different areas within the home including stationary and motion sofas, loveseats, chairs, and sectionals, as well as bedroom furniture, dining tables and chairs, occasional and entertainment tables, and kitchen storage. For more than 130 years, Flexsteel has strived to create strong consumer value with unmatched quality, comfort, and durability, backed by innovation and highlighted by its patented Blue Steel Spring technology, designed to deliver lasting comfort and support. Today, Flexsteel products are available nationwide through retail partners and online channels.

The Company operates in one reportable segment, furniture products. The Company’s furniture products business involves the distribution of manufactured and imported products consisting of a broad line of furniture for the residential market.

Revenue and profit, by fiscal year.

Fiscal year202120222023202420252026
Revenue$478.9M$544.3M$393.7M$412.8M$441.1M$459.2M
Net income$23.0M$1.9M$14.8M$10.5M$20.2M$33.1M
Free cash flow-$35.3M$4.1M$18.2M$27.1M$33.7M$47.6M

More on FLXS.

Figures from Flexsteel Industries Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.