Flexsteel (FLXS)
NASDAQ:FLXS
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Earnings Data
Report Date
Aug 24, 2026After Close (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
1.09Last Year’s EPS
1.4Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a balanced view: the company delivered a modest sales increase, returned to GAAP operating profitability with solid operating cash flow and a strong balance sheet, and is benefiting from favorable product mix and new-product momentum. However, meaningful near-term headwinds were emphasized, including a 2.4% decline in orders, rising energy and freight costs, a potentially disruptive polyol supply shortage, and tariff/trade uncertainty. Management expects near-term sales to be flat and margins to remain under pressure while they prioritize disciplined cost control and continued investment in growth initiatives.Company Guidance
Revenue Growth
Net sales of $115.1 million, up 1% year-over-year (prior year quarter $114.0 million); increase primarily driven by pricing from tariff surcharges offsetting lower unit volume.
Operating Profitability Turnaround
GAAP operating income of $8.2 million, representing 7.1% operating margin, versus an operating loss of $5.1 million in the prior year quarter (prior year included a $14.1 million impairment).
Strong Cash and Liquidity Position
Cash balance of $57.3 million, working capital of $142.2 million, no bank debt; operating cash flow of $22.1 million for the quarter, driven in part by a $14.5 million reduction in inventory.
Inventory Normalization and Management
Inventory reduced sequentially (management noted a ~15% sequential decline in inventory), normalizing after elevated build ahead of tariff changes; company expects modest inventory growth next quarter to stock new product collections.
Product Mix and Margin Improvement
New product sales comprise roughly 40%–45% of company-level sales, contributing to favorable mix and higher margins; management cites differentiated innovation and product lifecycle management as key drivers of margin improvement.
Resilient Backlog and Strategic Accounts
Sales order backlog of $79.5 million, up ~1.5% year-over-year; strategic accounts, new product introductions and the health & wellness category continued to perform well and provided confidence in underlying growth drivers.
FLXS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FLXS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 20, 2026 | $46.25 | $50.04 | +8.19% |
Feb 02, 2026 | $41.48 | $42.98 | +3.62% |
Oct 21, 2025 | $36.15 | $35.10 | -2.90% |
Aug 18, 2025 | $36.06 | $40.88 | +13.35% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Flexsteel (FLXS) report earnings?
Flexsteel (FLXS) is schdueled to report earning on Aug 24, 2026, After Close (Confirmed).
What is Flexsteel (FLXS) earnings time?
Flexsteel (FLXS) earnings time is at Aug 24, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FLXS EPS forecast?
FLXS EPS forecast for the fiscal quarter 2026 (Q4) is 1.09.