---
schema_version: "secwatch.filing_event.v1"
accession: "0000037472-21-000021"
form_type: "8-K"
ticker: "FLXS"
cik: "0000037472"
company_name: "FLEXSTEEL INDUSTRIES INC"
filed_at: "2021-08-23T23:59:59+00:00"
generated_at: "2026-06-29T08:30:17.259858+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Flexsteel Q4 sales up 110% YoY to $136.2M, GAAP EPS $0.81 vs loss year ago; record backlog $152M

## Summary
- Q4 net sales $136.2M (+110.1% YoY); full-year $478.9M (+30.5%).
- GAAP diluted EPS $0.81 Q4, $3.09 FY; adjusted EPS $0.61 Q4, $2.99 FY.
- Record home furnishings backlog $152M (+238.3% YoY); retail orders up 85% for year.
- Gross margin improved to 19.4% Q4 (from 9.2%) and 20.2% FY (from 14.5%).
- Management warns near-term supply chain headwinds (rising container rates, poly foam, COVID-19) may pressure H1 FY2022 margins.

## SEC filing metadata
- accession: 0000037472-21-000021
- form_type: 8-K
- ticker: FLXS
- cik: 0000037472
- company_name: FLEXSTEEL INDUSTRIES INC
- filed_at: 2021-08-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/37472/000003747221000021/0000037472-21-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/37472/000003747221000021/flxs-20210823x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000037472-21-000021
- JSON: https://secwatch.observer/filing/0000037472-21-000021.json
- Plain text: https://secwatch.observer/filing/0000037472-21-000021.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.