Consistent Sales Growth
Flexsteel delivered a 3.4% sales growth in the fourth quarter, marking the seventh consecutive quarter of year-over-year growth.
Improvement in Operating Margin
Adjusted operating margin improved to 9% in the quarter, a 340 basis point improvement over the prior year quarter.
Strong Cash Flow and Financial Position
The company generated $19.1 million in free cash flow for the quarter, with an ending cash balance of $40 million.
Annual Sales and Profit Growth
For fiscal year 2025, Flexsteel achieved a 7% sales growth, a 270 basis point expansion in adjusted operating margins to 7.1%, and increased adjusted operating profit by 71% to $31.2 million.
Strategic Market Penetration
Successful penetration in health and wellness category and case goods category, with an increase in retail placements of new products.