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Flexsteel Appoints Terence Calloway as Independent Director

Story Highlights
  • Flexsteel appointed Terence P. Calloway as an independent director on May 21, 2025.
  • Calloway’s experience in innovation and supply chain is expected to boost Flexsteel’s growth strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Flexsteel Appoints Terence Calloway as Independent Director

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Flexsteel ( (FLXS) ) has issued an update.

On May 21, 2025, Flexsteel Industries, Inc. announced the appointment of Terence P. Calloway as an independent director on its Board. Calloway, who has extensive experience in product innovation and supply chain management from his roles at Energizer, Colgate-Palmolive, and Procter & Gamble, is expected to contribute significantly to Flexsteel’s growth strategy and shareholder returns. His appointment increases the Board’s size from seven to eight members, and he will serve on the Audit and Ethics Committee.

Spark’s Take on FLXS Stock

According to Spark, TipRanks’ AI Analyst, FLXS is a Outperform.

Flexsteel’s robust financial performance, including strong revenue growth and a debt-free balance sheet, is a major strength. However, technical indicators suggest bearish momentum, warranting caution. Valuation metrics are favorable, and while recent earnings call insights are positive, potential tariff impacts and economic uncertainties present risks. Overall, the stock exhibits moderate appeal with a balanced risk-reward profile.

To see Spark’s full report on FLXS stock, click here.

More about Flexsteel

Flexsteel Industries, Inc. is one of the largest manufacturers, importers, and marketers of residential furniture products in the United States. Their offerings include a wide variety of furniture such as sofas, loveseats, chairs, and outdoor furniture, featuring a unique steel drop-in seat spring. The company distributes its products throughout the United States via e-commerce and direct sales.

Average Trading Volume: 18,489

Technical Sentiment Signal: Hold

Current Market Cap: $172M

For an in-depth examination of FLXS stock, go to TipRanks’ Stock Analysis page.

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