{"schema_version":"secwatch.filing_event.v1","accession":"0000037472-23-000009","form_type":"8-K","ticker":"FLXS","cik":"0000037472","company_name":"FLEXSTEEL INDUSTRIES INC","filed_at":"2023-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.829515+00:00","generated_at":"2026-06-16T05:33:18.685909+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Flexsteel Q3 net sales $99.1M (-29.5% YoY); EPS $0.28 vs $0.82; gross margin expands to 18.8%","bullets":["Net sales $99.1M, down 29.5% YoY from $140.4M, but up 6.4% sequentially from Q2.","GAAP net income $1.5M ($0.28 diluted) vs $5.3M ($0.82) in prior-year quarter.","Gross margin improved to 18.8% from 15.7% (+310 bps) on cost savings and expense control.","Operating income $2.1M (2.1% of revenue) in upper range of guidance (1.0%-2.5%).","Generated $26.9M free cash flow in nine months; repaid $20M debt; $43.2M revolver available."],"urls":{"canonical":"https://secwatch.observer/filing/0000037472-23-000009","json":"https://secwatch.observer/filing/0000037472-23-000009.json","markdown":"https://secwatch.observer/filing/0000037472-23-000009.md","text":"https://secwatch.observer/filing/0000037472-23-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/37472/000003747223000009/0000037472-23-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/37472/000003747223000009/flxs-20230501x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T05:33:18.685909+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"}