Flexsteel Industries Fiscal Q4 Adjusted Earnings Fall, Revenue Rises; Shares Gain

MT Newswires Live
Aug 18

Flexsteel Industries (FLXS) reported fiscal Q4 adjusted earnings late Monday of $1.33 per diluted share, down from $1.40 a year earlier.

One analyst polled by FactSet expected $1.15.

Net sales in the three months ended June 30 rose to $115.4 million from $114.6 million a year earlier.

Two analysts expected $109.5 million.

The company expects fiscal Q1 sales of $111 million to $115 million. Two analysts expect $107.1 million.

Flexsteel shares rose 8.9% in after-hours trading.

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