Flexsteel Industries demonstrated strong sales growth and profitability improvements, supported by new product introductions and effective cash management. However, the company faces significant challenges from potential tariff impacts, demand volatility, and broader economic uncertainties that could affect future performance.
Company Guidance
During Flexsteel Industries' third quarter fiscal year 2025 earnings call, the company reported several key metrics and guidance. Flexsteel achieved a sales growth of 6.3% compared to the prior year, marking their sixth consecutive quarter of year-over-year growth. The adjusted operating margin reached 7.3%, which is the second highest quarterly margin in the past seven years. Operating cash flow was $12.3 million, with an ending cash balance of $22.6 million. The company also highlighted a strong order backlog of $78.3 million entering the fourth quarter. For the fourth quarter, Flexsteel anticipates sales between $109 and $116 million, with an operating margin forecasted to range from 6.0% to 7.3%. However, the company expressed concerns over potential impacts from proposed US reciprocal tariffs, particularly a 10% tariff on Vietnam imports, which could affect consumer demand and margins. Despite these external challenges, Flexsteel remains optimistic about its financial strength and strategic initiatives to drive long-term growth.
Consistent Sales Growth
Flexsteel Industries reported sales growth of 6.3% compared to the prior year quarter, marking the sixth consecutive quarter of year-over-year growth.
Profitability Improvement
Adjusted operating margin improved to 7.3%, representing the eighth consecutive quarter of year-over-year improvement and the second highest quarterly adjusted operating margin over the past seven years.
Strong Cash Generation
Flexsteel generated $12.3 million in operating cash flow during the quarter and increased their ending cash balance to $22.6 million.
New Product Introductions
The company launched 25 new product groups and emphasized continuous innovation and expanded market presence, contributing significantly to their sales.
Flexsteel (FLXS) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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 21, 2025
$31.94
$35.85
+12.24%
Feb 03, 2025
$47.99
$62.77
+30.80%
Oct 21, 2024
$42.29
$54.70
+29.34%
Aug 19, 2024
$38.46
$37.59
-2.26%
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 25, 2025, TBA Not Confirmed.
What is Flexsteel (FLXS) earnings time?
Flexsteel (FLXS) earnings time is at Aug 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.