Where did the margins go? Lots of noise in the earnings release; decent results for the year. I am still long FLXS. I will jump right in. Flexsteel (NASDAQ:FLXS) gross margins declined significantly.

Flexsteel Industries said today it will stop making furniture at its Pitney Road plant, idling 110 workers. The shutdown will take effect Nov. 9, ending 53 years of furniture manufacturing here by the ...

Flexsteel expects Q2 FY24 sales growth of 7.5%. Flexsteel plans pursuing additional working capital improvements in the second half of the year. 9 Out of the Last 10 Summers this "Power Pattern" ...

Flexsteel Industries has been struggling with lower profit margins and has not kept pace with overall market growth in the furniture industry. The furniture industry experienced a tough year in 2023, ...

The Zacks Furniture industry is facing significant headwinds, with stubborn inflation continuing to weaken household purchasing power and dampen demand for discretionary items. Consumers are showing ...

HARRISON, Ark. - Flexsteel Industries, the fifth largest residential furniture maker in the U.S. and number 24 on the FDMC 300, has announced another shutdown - this time a manufacturing plant in ...

DUBLIN, Ga. — Editors Note: This story said roughly 330 people were employed at Flexsteel, which was what the Laurens County Development Authority had on its website. However, they now say that the ...

DUBLIN, Georgia — We churn out a lot of cool things in central Georgia. Products like peaches, great music and even Kaolin. But a lot of cities have businesses creating things you may not know about.

Flexsteel Industries announced it will idle 110 workers and cease making furniture at its Pitney Road plant in East Lampeter Township. The Dubuque, Iowa-based company said it will stop production Nov.

Chicago, IL – April 7, 2025 – Today, Zacks Equity Research discusses Flexsteel Industries, Inc. FLXS and Bassett Furniture Industries, Inc. BSET. The Zacks Furniture industry comprises manufacturers, ...