{"schema_version":"secwatch.filing_event.v1","accession":"0001562762-21-000371","form_type":"8-K","ticker":"FLXS","cik":"0000037472","company_name":"FLEXSTEEL INDUSTRIES INC","filed_at":"2021-10-25T23:59:59+00:00","discovered_at":"2026-05-14T18:04:15.159851+00:00","generated_at":"2026-06-28T18:36:06.332597+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Flexsteel Q1 sales up 30.8% to $137.7M; GAAP EPS $0.61, non-GAAP $0.48 vs $0.80","bullets":["Net sales $137.7M (+30.8% YoY); retail home furnishings backlog $133M (+56.5% YoY).","GAAP net income $4.35M ($0.61/diluted share); adjusted net income $3.4M ($0.48/diluted share).","Gross margin fell 470 bps to 17.0% due to supply chain costs (material, labor, freight).","New Mexicali plant construction started (507,800 sq ft, completion June 2022); Juarez plant ramping.","Inventory at $193.7M (+174.5% over 15 months); new Greencastle, PA DC opening February 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001562762-21-000371","json":"https://secwatch.observer/filing/0001562762-21-000371.json","markdown":"https://secwatch.observer/filing/0001562762-21-000371.md","text":"https://secwatch.observer/filing/0001562762-21-000371.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/37472/000156276221000371/0001562762-21-000371-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/37472/000156276221000371/flxs-20211025x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T18:36:06.332597+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"}