Flexsteel Industries, Inc. (FLXS)

Flexsteel Industries, Inc. experienced several stock events over the past six months. Q1 2026 earnings were released on October 20, 2025, with an EPS of $1.31, surpassing estimates, and revenue was reported at $110.44 million, also above estimates. Q4 2025 earnings were released on August 18, 2025, reporting an EPS of $1.89. Q3 2025 earnings were released on April 21, 2025, with an EPS of -$0.71. Q2 2025 earnings were released on February 3, 2025, with an EPS of $1.62. On September 9, 2025, a quarterly dividend of $0.20 per share was declared, payable on October 6, 2025, and another dividend was declared, payable on January 8, 2026. Flexsteel was initiated with a "Buy" rating by Freedom Capital. The company's share price declined by 22.55% from January 6, 2025, to January 2, 2026, and as of October 20, 2025, shares had lost approximately 29.2% since the beginning of the year. The stock has traded between a 52-week high of $64.14 and a low of $29.38. Flexsteel implemented tariff surcharges in August 2025, which could affect sales or gross margins.

Demand for Flexsteel Industries, Inc. products exhibits seasonality, with the fourth fiscal quarter (calendar Q2) typically being the strongest due to furniture shows and retailer restocking. Recent reports indicate a deceleration in growth, with consumers being cautious and retailers attempting to avoid over-inventorying.

Flexsteel Industries, Inc. is a U.S.-based company that designs, manufactures, imports, and markets upholstered and wood furniture for residential and commercial markets, operating within the Consumer Discretionary sector. Their products include sofas, chairs, tables, desks, dining and bedroom furniture, and outdoor furniture, featuring the durable Blue Steel Spring in upholstered items. The company distributes its products throughout the United States via its e-commerce channel and a direct sales force.

Flexsteel Industries, Inc. primarily distributes its products across most of the United States and is recognized as a leading North American manufacturer and importer of residential upholstered furniture. Flexsteel also operates manufacturing facilities located in Juarez, Mexico.

Flexsteel Industries, Inc. benefits from an established brand reputation and a strong, long-standing dealer network. The macroeconomic environment, including evolving U.S. trade policies and proposed tariffs on key sourcing regions like Vietnam, introduces uncertainty that could indirectly affect perception if not managed effectively.

Flexsteel Industries, Inc. has a diverse ownership structure. Institutional investors hold a significant portion, around 52.9%, with major shareholders including Dimensional Fund Advisors Lp, BlackRock, Inc., and Vanguard Group Inc. Insiders maintain a substantial holding, accounting for approximately 35% of the company, with the CEO, Derek Schmidt, holding 3.9% of the shares. The general public holds about 15% of the company's ownership.