Posts

Flexsteel names new 3D technology partner

Thursday, 19 September 2024

DUBUQUE, Iowa — Flexsteel Industries Inc. has announced its partnership with 3D Cloud, the leading provider of 3D digital asset management, 3D product configuration, and 3D product visualization solutions to the furniture industry. This strategic collaboration aims to bring world-class product visualization assets to over 2,500 Flexsteel retailers.

 

Flexsteel Industries, Inc. Announces Double-Digit Increase to Quarterly Dividend

Wednesday, 10 September 2024

DUBUQUE, Iowa–Flexsteel Industries, Inc. (NASDAQ:FLXS), announced its Board of Directors declared an increased quarterly dividend of $0.17 per share, payable October 7, 2024, to shareholders of record as of September 25, 2024. The $0.17 per share quarterly dividend is an increase of over 13% from the previous quarterly dividend.

Flexsteel continues to buck industry trend, reports more sales growth in Q4

Tuesday, 20 August 2024

DUBUQUE, Iowa – Furniture manufacturer and importer Flexsteel reported $110.8 million in fourth quarter net sales, a 4.7% increase from last year. Flexsteel has now reported year-over-year and sequential increases in the past three quarters. For full fiscal 2024, the company reported $412.8 million in sales, a 4.8% increase over 2023.

Flexsteel targets promotability with ‘record’ new product for Vegas

Monday, 25 July 2024

LAS VEGAS – Upholstery and case goods supplier Flexsteel will introduce a “record” number of product launches for the coming Las Vegas Market, with a focus on both motion and stationary upholstery.

Flexsteel named one of Newsweek’s ‘most trustworthy’ companies

Thursday, 06 June 2024

DUBUQUE, Iowa — Flexsteel Inds. has been named one of Newsweek’s World’s Most Trustworthy Companies for 2024.

This recognition was determined by Newsweek and Statista based on criteria such as customer trust, investor confidence and employee satisfaction.

Flexsteel auctioning assets from its shuttered Dublin plant

Tuesday, 14 May 2024

DUBUQUE, Iowa — Auction house Heritage Global Partners, in partnership with Integra Asset Solutions, announced that they were conducting an online auction featuring woodworking and furniture manufacturing equipment from Flexsteel Industries’ Dublin, Georgia, plant that was closed earlier this year.

Flexsteel to Appoint Derek P. Schmidt as President and CEO

Monday, 29 April 2024

DUBUQUE, Iowa, April 29, 2024Flexsteel Industries, Inc. (NASDAQ:FLXSN), announces the appointment of Derek P. Schmidt to the position of President and Chief Executive Officer effective July 1, 2024. Mr. Schmidt will succeed Jerald K. Dittmer who has announced his resignation from the position of Chief Executive Officer effective June 30, 2024, and retirement from Flexsteel on December 31, 2024.

Flexsteel Industries, Inc. Reports Strong Fiscal Third Quarter 2024 Results: 8% Sales Growth, Improved Operating Margin, Continued Debt Reduction

Monday, 29 April 2024

DUBUQUE, Iowa–Flexsteel Industries, Inc. (NASDAQ: FLXS) (“Flexsteel” or the “Company”), one of the largest manufacturers, importers, and marketers of residential furniture products in the United States, today reported third quarter fiscal 2024 results.

Flexsteel heads to High Point with enhanced marketing program for key products

Monday, 1 April 2024

DUBUEQUE, Iowa — Flexsteel Inds. is gearing up for the April 13-17 High Point Market with a new marketing initiative to enhance demand and profitability for retailers. The company’s Blue Ribbon Product launches include upgraded content and point-of-sale materials, with functions to ensure stock availability for the items it features.

Flexsteel Announces Blue Ribbon Product Launches at High Point April Market

Thursday, 21 March 2024

Flexsteel Industries is set to debut its Blue Ribbon product launches at the April 2024 High Point Market. This initiative is part of Flexsteel’s dedication to providing products designed to attract customers and support retailer sales with quality design and craftsmanship.

The Blue Ribbon initiative is a strategic approach aimed at improving demand and profitability for retailers. Flexsteel’s commitment includes offering comprehensive marketing content, ensuring product availability, and delivering excellent customer service to ensure the success of these products in retail spaces.