earnings
confidence high
sentiment positive
materiality 0.75
Flexsteel Q1 net sales up 6.2% to $110.4M; EPS $1.31 vs $0.74; warns of tariff headwinds
FLEXSTEEL INDUSTRIES INC
2025-Q1 EPS reported
$1.31
revenue$110,439,000
- Net sales $110.4M (+6.2% YoY); GAAP diluted EPS $1.31 vs $0.74; operating margin 8.1% vs 5.8%.
- Gross margin 23.5% (+200 bps YoY); SG&A leverage improved to 15.4% from 15.7%.
- Cash $38.6M; working capital $116.9M; $54.1M available under secured credit line.
- CEO cites new 25% section 232 tariffs on imported upholstered furniture effective Oct 14, rising to 30% Jan 1, 2026.
- Eighth consecutive quarter of YoY sales growth; tenth consecutive quarter of operating margin improvement.
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