Flexsteel Industries, Inc., together with its subsidiaries, manufactures, imports, and markets residential and commercial upholstered and wood furniture products in the United States. It offers sofas, loveseats, chairs, reclining and rocker-reclining chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs, and bedroom furniture for use in home, office, hotel, healthcare, and other commercial applications. The company distributes its products through its sales force and independent representatives. Flexsteel Industries, Inc. was founded in 1929 and is headquartered in Dubuque, Iowa.
Flexsteel posts 1Q profit DUBUQUE, Iowa (AP) _ Flexsteel Industries Inc. (FLXS) on Wednesday reported fiscal first-quarter profit of $4.8 million. On a per-share basis, the Dubuque, Iowa-based company said it had profit of 61 cents. The furniture maker posted revenue of $112.1 million in the period. Flexsteel shares have climbed 14 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $50.44, a rise of 51 percent in the last 12 months.
