{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-056301","form_type":"8-K","ticker":"FLXS","cik":"0000037472","company_name":"FLEXSTEEL INDUSTRIES INC","filed_at":"2025-04-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.963237+00:00","generated_at":"2026-05-23T10:44:20.416113+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Flexsteel Q3 net sales $114M (+6.3% YoY); GAAP loss $0.71/sh on $14.1M impairment; adj. EPS $1.13","bullets":["Net sales $114.0M, up 6.3% YoY, sixth consecutive quarter of year-over-year growth.","GAAP operating loss ($5.1M) due to $14.1M non-cash impairment of Mexicali facility lease right-of-use asset.","Adjusted operating income $8.3M (7.3% margin) vs $5.6M (5.2%) prior year; adjusted EPS $1.13 vs $0.67.","Cash from operations $12.3M; ending cash $22.6M; no line-of-credit borrowings at quarter end.","Q4 FY2025 guidance: sales growth (2%) to 5% YoY; GAAP & adjusted operating margin 6.0%-7.3%."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-056301","json":"https://secwatch.observer/filing/0000950170-25-056301.json","markdown":"https://secwatch.observer/filing/0000950170-25-056301.md","text":"https://secwatch.observer/filing/0000950170-25-056301.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/37472/000095017025056301/0000950170-25-056301-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/37472/000095017025056301/flxs-20250421.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T10:44:20.416113+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"}