---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-164017"
form_type: "8-K"
ticker: "FLXS"
cik: "0000037472"
company_name: "FLEXSTEEL INDUSTRIES INC"
filed_at: "2026-04-20T23:59:59+00:00"
generated_at: "2026-05-15T05:24:26.361029+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Flexsteel Q3 net sales $115.1M (+1%), GAAP operating income $8.2M vs loss year ago

## Summary
- GAAP EPS $1.14 vs loss of ($0.71) in prior year; adjusted EPS $1.14 vs $1.13.
- Gross margin improved 40 bps to 22.6%; SG&A rose 50 bps to 15.5% of sales.
- Cash $57.3M, working capital $142.2M, $54.1M revolver availability.
- Q4 guidance: sales flat to prior year, operating margins similar to Q3.
- CEO cites geopolitical uncertainty, cautious retail inventories, and cost pressures.

## SEC filing metadata
- accession: 0001193125-26-164017
- form_type: 8-K
- ticker: FLXS
- cik: 0000037472
- company_name: FLEXSTEEL INDUSTRIES INC
- filed_at: 2026-04-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/37472/000119312526164017/0001193125-26-164017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/37472/000119312526164017/flxs-20260420.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-164017
- JSON: https://secwatch.observer/filing/0001193125-26-164017.json
- Plain text: https://secwatch.observer/filing/0001193125-26-164017.txt

## Key facts
- Earnings Releases
  FLEXSTEEL INDUSTRIES INC reported Fourth Quarter Fiscal 2026 results: revenue flat to prior year levels. Guidance lowered.
  - Period: Fourth Quarter Fiscal 2026
  - Revenue: flat to prior year levels
  - Guidance: lowered
  - Result: guidance update
  source text: Looking ahead, we expect near-term demand and profitability to remain under pressure, with fourth quarter sales likely flat to prior year levels and operating margins similar to third quarter performance.
  evidence_url: https://www.sec.gov/Archives/edgar/data/37472/000119312526164017/0001193125-26-164017-index.htm
- Earnings Releases
  FLEXSTEEL INDUSTRIES INC reported Third Quarter Ended March 31, 2026 results: revenue $115.1 million, net income $6.4 million, EPS $1.14 per diluted share.
  - Period: Third Quarter Ended March 31, 2026
  - Revenue: $115.1 million
  - Net income: $6.4 million
  - EPS: $1.14 per diluted share
  - Result: reported results
  source text: furniture products in the United States, today reported third quarter fiscal 2026 results. Key Results for the Third Quarter Ended March 31, 2026 • Net sales for the quarter of $115.1 million compared to $114.0 million in the prior year quarter, an increase of 1.0%. • GAAP operating income of $8.2 million or 7.1% of net sales compared to an operating loss of ($5.1)
  evidence_url: https://www.sec.gov/Archives/edgar/data/37472/000119312526164017/0001193125-26-164017-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.