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Flexsteel Recognized as One of Newsweek’s Most Trustworthy Companies 2024

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Wednesday, 5 June 2024

Furniture manufacturer Flexsteel Industries, Inc., , recently announce that it has been recognized as one of Newsweek’s World’s Most Trustworthy Companies 2024.

This esteemed recognition is a testament to Flexsteel’s dedication to quality, transparency, and ethical business practices. In collaboration with Statista, the award was meticulously chosen by Newsweek based on stringent criteria, including customer trust, investor confidence, and employee satisfaction.

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Flexsteel restructures leadership, promotes two executives

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Friday, 12 January 2024

DUBUQUE, Iowa – Flexsteel has announced a restructuring of its leadership team, including naming a new president and chief financial officer. Jerry Dittmer, previously president and CEO, remains CEO.

Filling Dittmer’s role of president is Derek Schmidt, who previously worked as the company’s chief operating officer for a little less than two years. Before that, he was chief financial officer for another two years. Prior to Flexsteel, he was senior vice president of Crescent Electric Supply Co. for two years and held executive management roles at office furniture supplier The Hon Co.

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Flexsteel Industries, Inc. to Present at the Sidoti Virtual Investor Conference January 17 – 18

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Friday, 05 January 2024

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 the United States, today announced that Jerry Dittmer, President and Chief Executive Officer, and Derek Schmidt, Chief Operating Officer and interim Chief Financial Officer, will present and host one-on-one meetings with investors at the Sidoti Virtual Investor Conference taking place on January 17-18, 2024.

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Flexsteel generates another round of sequential quarterly growth in Q4

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Tuesday, 22 August 2023

DUBUQUE, Iowa – Although year-over-year sales were down sharply in Q4, improved operating margins helped push profit back into the black for Flexsteel Industries.

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Flexsteel Industries Receives Strong-Buy Rating from StockNews.com Researchers, Showing Promising Growth Prospects

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Monday, 10 July 2023

In a recent report released on July 9, 2023, equities researchers at StockNews.com have taken a deep dive into Flexsteel Industries (NASDAQ:FLXS) and initiated coverage on the company’s shares. The researchers have assigned a coveted “strong-buy” rating to the stock, reflecting their bullish stance on its future prospects.

Flexsteel Industries, a leading manufacturer of upholstered and wooden furniture, last announced its earnings results on May 1st of this year. The company surpassed analysts’ expectations by reporting earnings per share (EPS) of $0.28 for the quarter, exceeding the consensus estimate of $0.22 by an impressive margin of $0.06. Furthermore, Flexsteel Industries generated revenue of $99.05 million during the same period, outperforming analysts’ projections of $97.72 million.

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Flexsteel Industries: A Strong-Buy Investment Opportunity

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Monday, 3 July 2023

In the world of stock analysis, where predictions and speculations shape investment decisions, StockNews.com has shed light on the potential of Flexsteel Industries (NASDAQ:FLXS). The analysts at StockNews.com have recently initiated coverage on the company and have set a “strong-buy” rating on its stock.

Flexsteel Industries, a leading furniture manufacturer, made an admirable performance with its quarterly earnings results, which were announced on Monday, May 1st. Despite market expectations, the company surpassed analysts’ consensus estimates by reporting $0.28 earnings per share for the quarter. This impressive figure exceeded projections by $0.06.

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Flexsteel Industries, Inc. Announces Quarterly Dividend

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13 June, 2023

DUBUQUE, Iowa–(BUSINESS WIRE)–Flexsteel Industries, Inc. (NASDAQ:FLXS), announced its Board of Directors declared a quarterly dividend of $0.15 per share, payable July 10, 2023, to shareholders of record as of June 28, 2023.

Flexsteel has paid cash dividends on its common stock each year since 1938. This is the 326th consecutive quarterly cash dividend.

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Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition

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12 June, 2023

Cactus (NYSE:WHD) expected the acquisition of Flexsteel to be accretive in the first year, and the execs were more than right. The Q1 results were good enough but came with solid guidance for Q2, which is now improved. The company issued a new investor presentation outlining the company’s progress, and the progress is good.

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Flexsteel Industries (NASDAQ:FLXS) Now Covered by StockNews.com

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27 April, 2023

StockNews.com began coverage on shares of Flexsteel Industries (NASDAQ:FLXS) in a report released on Thursday. The brokerage set a “buy” rating on the stock.

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Flexsteel Industries, Inc. to Announce Third Quarter 2023 Results on Monday, May 1

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17 April, 2023

DUBUQUE, Iowa, April 17, 2023–(BUSINESS WIRE)–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, announced today that it will issue its third quarter 2023 financial results after market close on Monday, May 1, 2023.

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