{"schema_version":"secwatch.filing_event.v1","accession":"0000037472-22-000004","form_type":"8-K","ticker":"FLXS","cik":"0000037472","company_name":"FLEXSTEEL INDUSTRIES INC","filed_at":"2022-01-24T23:59:59+00:00","discovered_at":"2026-05-14T18:04:09.275520+00:00","generated_at":"2026-06-27T16:21:03.950457+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Flexsteel Q2 net loss of $7.5M; sales up 18.9% but margins crushed by supply chain costs","bullets":["GAAP diluted EPS $(1.13) vs $1.13 a year ago; non-GAAP diluted EPS $(1.05) vs $0.79.","Gross margin collapsed to 6.7% from 20.5%, primarily due to $15M+ in ancillary container logistics charges.","Retail home furnishings backlog grew 20.4% to $121M; Q3 sales growth expected 14%-22%.","Board approved new $30M share repurchase program on Jan. 20, 2022.","Restructuring expenses of $0.6M in Q2; FY22 capex guided $10.5M-$12.5M for capacity expansion."],"urls":{"canonical":"https://secwatch.observer/filing/0000037472-22-000004","json":"https://secwatch.observer/filing/0000037472-22-000004.json","markdown":"https://secwatch.observer/filing/0000037472-22-000004.md","text":"https://secwatch.observer/filing/0000037472-22-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/37472/000003747222000004/0000037472-22-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/37472/000003747222000004/flxs-20220124x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T16:21:03.950457+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}