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Despite stronger sales, Flexsteel is impeded by foam, container shortage

Furniture giant Flexsteel, number 28 on the FDMC 300, reported strong sales increases for the quarter ending March 31, 2021.

Net sales increased nearly 20 percent to $118.4 million compared to $98.8 million over the same period last year. … Read more

Flexsteel opens new Innovation Center to focus on furniture design, collaboration

A space in the Millwork District’s Schmid Innovation Center now houses a place for designers to collaborate on furniture designs.

Designers with Flexsteel Industries began working last week in the company’s new Innovation Center, 900 Jackson St., less than a

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Former workers sue Flexsteel, claim denied severance pay

A group of former Flexsteel Industries employees is suing the company, alleging it used the pandemic to collect millions in federal aid while newly installed executives enriched themselves and denied severance pay to hundreds of laid-off, long-term workers.

The six

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Flexsteel Industries, Inc. (NASDAQ:FLXS) Investor Notice: Investigation Concerning Possible Wrongdoing

An investigation on behalf of investors in Flexsteel Industries, Inc. (NASDAQ:FLXS) shares over potential wrongdoing at Flexsteel Industries, Inc. was announced.

This press release was orginally distributed by SBWire

San Diego, CA — (SBWIRE) — 02/01/2021 — An investigation was … Read more

Flexsteel Industries, Inc. to Announce Second Quarter 2021 Results on Monday, January 25

Conference call and webcast to be held on Tuesday, January 26, 2021

Flexsteel Industries, Inc. (NASDAQ:FLXS) (“Flexsteel” or the “Company”), one of the largest manufacturers, importers and online marketers of furniture products in the United States, announced today that it … Read more

Flexsteel Industries Inc. (FLXS) Soars 1.48% on November 26

Flexsteel Industries Inc. (FLXS) had a good day on the market for Thursday November 26 as shares jumped 1.48% to close at $29.44. About 35,745 shares traded hands on 784 trades for the day, compared with an average daily volume … Read more

Flexsteel Industries Inc. (FLXS) Soars 17.05% on November 23

Flexsteel Industries Inc. (FLXS) had a good day on the market for Monday November 23 as shares jumped 17.05% to close at $29.04. About 107,119 shares traded hands on 1,944 trades for the day, compared with an average daily volume … Read more

Flexsteel Industries Inc. (FLXS) Soars 1.55% on November 12

Flexsteel Industries Inc. (FLXS) had a good day on the market for Thursday November 12 as shares jumped 1.55% to close at $31.50. About 55,396 shares traded hands on 874 trades for the day, compared with an average daily volume … Read more

Flexsteel’s major restructuring effort pays off, sees big gains

DUBUQUE, Iowa – Flexsteel Industries, one of the largest residential furniture makers in the U.S. and number 26 on the FDMC 300, has reported strong financial results after a long period of decline.
The furniture manufacturer reported net income
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