Flexsteel Q2 sales up 9% to $118.2M; adj. EPS $1.18 vs $0.95 YoY

FLEXSTEEL INDUSTRIES INC

2025-Q2 EPS reported $2.49 revenue$228,688,000

Net sales $118.2M, +9.0% YoY; driven by higher volume in sourced soft seating and tariff surcharges.
GAAP operating income $9.0M (7.6% of sales); adjusted operating income $9.0M vs $6.7M prior year.
Adjusted diluted EPS $1.18, +24% from $0.95 prior year; gross margin improved 170 bps to 22.7%.
Cash $36.8M; $54.1M available under credit line; capex $3.1M for six months.
CEO cites tariff uncertainty, expects near-term pressure on demand and margins but remains confident.

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