earnings
confidence high
sentiment neutral
materiality 0.75
Flexsteel Q2 sales up 8.4% to $108.5M; raises FY2025 sales guidance but flags tariff uncertainty.
FLEXSTEEL INDUSTRIES INC
2025-Q2 EPS
reported $2.38
vs consensus $0.86
▲ beat
(+177.8%)
- GAAP EPS $1.62 vs $0.57; adjusted EPS $0.95 vs $0.57; GAAP operating margin 10.7%.
- Paid off all bank debt; cash $11.8M; free cash flow guidance $25-30M for FY2025.
- Raising FY2025 sales growth guidance to 5.5%-8.0% (from 3.5%-6.5%).
- Warnings about potential 25% tariffs on Mexico/Canada could materially change outlook; working on mitigation.
- Fifth consecutive quarter of YoY sales growth; broad-based growth in core and new markets.