FLXS FLEXSTEEL INDUSTRIES INC

CIK 0000037472 44 ready 8-Ks latest April 28, 2026, 7:59 PM ET RSS · JSON

Activity: QUIET 0 filings / 30d vs 1 baseline

Ready 8-Ks 44

Latest filing April 28, 2026, 7:59 PM ET

Top materiality 0.85

Event mix earnings ×21 · other_material ×8 · leadership ×7

Sentiment 14 pos · 6 neg · 24 neu

Latest earnings reported 2025-Q3

Executive change recent →

Recent 8-K filings for FLXS

Highest-materiality recent filing

Flexsteel Board Unanimously Rejects $20.80/Share Unsolicited Takeover Bid from CSC Generation

September 1, 2022, 7:59 PM ET M&A materiality 0.85 positive item 7.01 item 9.01

Board unanimously rejected CSC Generation's unsolicited proposal of $20.80 per share in cash.
Proposal deemed to substantially undervalue Flexsteel and not in shareholders' best interest.

Read filing →

April 28, 2026, 7:59 PM ET other material materiality 0.80 positive item 1.01 item 5.02 item 7.01 item 9.01 ◈ executive_change◈ Material Agreements

Flexsteel repurchases ~24% of shares from Bertsch family for $60.2M; director resigns

Repurchased 1,279,870 shares at $47.00 each, a 2.5% discount to April 24 closing price.
April 20, 2026, 7:59 PM ET earnings materiality 0.60 neutral item 2.02 item 7.01 item 9.01 ◈ Earnings Releases ×2

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

GAAP EPS $1.14 vs loss of ($0.71) in prior year; adjusted EPS $1.14 vs $1.13.
February 2, 2026, 6:59 PM ET earnings materiality 0.70 positive item 2.02 item 7.01 item 9.01

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

Net sales $118.2M, +9.0% YoY; driven by higher volume in sourced soft seating and tariff surcharges.
December 16, 2025, 6:59 PM ET other material materiality 0.50 neutral item 5.02 item 5.07 item 9.01

Shareholders approve 2022 equity plan amendment increasing authorized shares by 150,000

Elected directors William S. Creekmuir (3,908,107 votes for) and M. Scott Culbreth (3,931,970 votes for).
October 20, 2025, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 7.01 item 9.01

Flexsteel Q1 net sales up 6.2% to $110.4M; EPS $1.31 vs $0.74; warns of tariff headwinds

Net sales $110.4M (+6.2% YoY); GAAP diluted EPS $1.31 vs $0.74; operating margin 8.1% vs 5.8%.
October 9, 2025, 7:59 PM ET leadership materiality 0.45 neutral item 5.02 item 7.01 item 9.01

Flexsteel board chair Tom Levine to retire Dec 2025; Jeanne McGovern to succeed

Thomas M. Levine resigns from board effective Dec 10, 2025, after 15 years.
August 18, 2025, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 7.01 item 9.01

Flexsteel Q4 FY2025: sales up 3.4%, record adj. EPS $1.40; FY adj. EPS $4.17

Net sales Q4 $114.6M (+3.4% YoY); FY $441.1M (+6.9% YoY).
June 5, 2025, 7:59 PM ET debt materiality 0.30 neutral item 1.01 item 9.01

Flexsteel reduces revolving credit facility to $55M via third amendment to Wells Fargo agreement

Third Amendment to Credit Agreement with Wells Fargo sets Maximum Revolver Amount at $55 million.
May 21, 2025, 7:59 PM ET leadership materiality 0.30 neutral item 5.02 item 7.01 item 9.01 ◈ executive_change

Flexsteel appoints Terence P. Calloway as independent director effective May 21, 2025

Calloway, former EVP Global Product Supply at Energizer, joins Flexsteel board as Class I director.
April 21, 2025, 7:59 PM ET earnings materiality 0.80 negative item 2.02 item 7.01 item 9.01

Flexsteel Q3 net sales $114M (+6.3% YoY); GAAP loss $0.71/sh on $14.1M impairment; adj. EPS $1.13

Net sales $114.0M, up 6.3% YoY, sixth consecutive quarter of year-over-year growth.
February 3, 2025, 6:59 PM ET earnings materiality 0.75 neutral item 2.02 item 7.01 item 9.01

Flexsteel Q2 sales up 8.4% to $108.5M; raises FY2025 sales guidance but flags tariff uncertainty.

GAAP EPS $1.62 vs $0.57; adjusted EPS $0.95 vs $0.57; GAAP operating margin 10.7%.
December 12, 2024, 6:59 PM ET other materiality 0.15 neutral item 5.07

Flexsteel shareholders elect Class II directors and approve executive compensation at annual meeting

F. Brooks Bertsch elected with 3,689,877 votes for, 312,087 withheld.
October 21, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 7.01 item 9.01

Flexsteel Q1 net sales up 10% to $104M; EPS $0.74 vs $0.14; raises FY guidance

GAAP net income $4.1M ($0.74/diluted share) vs $0.8M ($0.14) YoY.
August 19, 2024, 7:59 PM ET earnings materiality 0.80 positive item 2.02 item 7.01 item 9.01

Flexsteel Industries Reports Fiscal Q4 2024 Sales Growth of 4.7% and Operating Income Increase

Net sales rose 4.7% to $110.8M in Q4; full-year sales up 4.8% to $412.8M.
April 29, 2024, 7:59 PM ET earnings materiality 0.80 positive item 2.02 item 5.02 item 7.01 item 9.01 ◈ Earnings Releases ×2◈ executive_change ×2

Flexsteel Q3 sales up 8.2% to $107.2M; appoints Derek Schmidt as CEO effective July 1

Net sales of $107.2M, +8.2% YoY; GAAP EPS $0.33, adjusted EPS $0.67.
April 18, 2024, 7:59 PM ET other material materiality 0.60 neutral item 1.01 item 5.02 item 9.01 ◈ executive_change

Flexsteel appoints heir F. Brooks Bertsch as board observer; VP Tim Newlin to depart April 30

Bertsch, fifth-generation heir and partner at Intersect Wealth Advisors, appointed non-voting board observer effective April 17.
March 8, 2024, 6:59 PM ET other materiality 0.15 neutral item 5.03 item 9.01 ◈ Governance Changes

Flexsteel amends bylaws to adopt Universal Proxy Rules and expand shareholder nomination requirements

Bylaws amended effective March 5, 2024 to comply with SEC Universal Proxy Rules (Rule 14a-19).
February 5, 2024, 6:59 PM ET earnings materiality 0.75 positive item 2.02 item 2.05 item 7.01 item 9.01 ◈ Earnings Releases◈ Restructurings & Charges

Flexsteel Q2 sales up 7.5% to $100.1M, EPS $0.57; closing Dublin plant for annual savings of $4-4.5M

Q2 net sales $100.1M (+7.5% YoY); GAAP EPS $0.57, non-GAAP EPS $0.57 vs $0.08 prior year.
January 11, 2024, 6:59 PM ET earnings materiality 0.75 positive item 2.02 item 5.02 item 7.01 item 9.01 ◈ executive_change ×5◈ Earnings Releases

Flexsteel Q2 preliminary sales $100.1M (+7.5%), EPS $0.57; guides FY25 margin 5.5-6.5%

Preliminary Q2 net sales $100.1M (+7.5% YoY), orders $104.8M (+13.9%); gross margin 21.9% vs 17.0%.
December 19, 2023, 6:59 PM ET other material materiality 0.15 neutral item 5.07 ◈ Shareholder Votes ×2

Flexsteel shareholders elect three Class I directors and approve advisory say-on-pay at annual meeting

Elected Matthew A. Kaness, Thomas M. Levine, and Jeanne McGovern as Class I directors for terms expiring at 2026 annual meeting.
October 31, 2023, 7:59 PM ET earnings materiality 0.65 positive item 2.02 item 7.01 item 9.01 ◈ Earnings Releases

Flexsteel Q1 FY2024 EPS $0.14 (vs $0.05); sales $94.6M, down 1.1% YoY

GAAP diluted EPS $0.14 vs $0.05 prior year; non-GAAP diluted EPS $0.14 vs $0.09.
October 10, 2023, 7:59 PM ET leadership materiality 0.45 neutral item 5.02 item 7.01 item 9.01 ◈ executive_change

Flexsteel board member Mary Bottie to resign after 20 years

Mary C. Bottie resigns from Flexsteel board effectively Dec 13, 2023.
August 21, 2023, 7:59 PM ET earnings materiality 0.65 negative item 2.02 item 7.01 item 9.01 ◈ Earnings Releases

Flexsteel Q4 sales fall 15% YoY to $105.8M; GAAP EPS $1.91 on tax benefit, adj EPS $0.36

Q4 net sales $105.8M (-15% YoY); FY net sales $393.7M (-27.7% YoY).
June 1, 2023, 7:59 PM ET leadership materiality 0.55 neutral item 5.02 ◈ executive_change ×2

Flexsteel CFO Huerta resigns; COO Schmidt appointed interim CFO

CFO G. Alejandro Huerta resigned May 26, 2023 to pursue another opportunity.
May 1, 2023, 7:59 PM ET earnings materiality 0.70 neutral item 2.02 item 7.01 item 9.01

Flexsteel Q3 net sales $99.1M (-29.5% YoY); EPS $0.28 vs $0.82; gross margin expands to 18.8%

Net sales $99.1M, down 29.5% YoY from $140.4M, but up 6.4% sequentially from Q2.
February 6, 2023, 6:59 PM ET earnings materiality 0.50 neutral item 2.02 item 7.01 item 9.01 ◈ Earnings Releases

Flexsteel Q2 FY23 net sales $93.1M (-34.3% YoY); GAAP EPS $0.53, adjusted $0.08

GAAP net income $2.9M ($0.53/diluted) vs loss of $7.5M ($1.13) in prior-year quarter.
December 16, 2022, 6:59 PM ET other material materiality 0.30 neutral item 5.02 item 5.07 item 9.01 ◈ Shareholder Votes ×3

Flexsteel shareholders approve 2022 Equity Incentive Plan and re-elect directors

Directors elected: William S. Creekmuir (3,277,573 for), M. Scott Culbreth (3,487,824 for), Jerald K. Dittmer (3,500,287 for).
October 27, 2022, 7:59 PM ET regulatory materiality 0.60 neutral item 7.01

Flexsteel settles EPA Superfund dispute for $9.8M, disputes liability but achieves finality

$9.8M cash settlement with EPA for Lane Street Groundwater Contamination Superfund Site in Elkhart, Indiana.
October 24, 2022, 7:59 PM ET earnings materiality 0.75 negative item 2.02 item 7.01 item 9.01

Flexsteel Q1 net sales down 30.5% to $95.7M; GAAP EPS $0.05 vs $0.61 prior

Net sales of $95.7M beat guidance of $80-90M; home furnishings retail -31.1% YoY.
October 4, 2022, 7:59 PM ET leadership materiality 0.25 neutral item 5.02 item 7.01 item 9.01 ◈ executive_change ×2

Flexsteel appoints Jeanne McGovern to board; Eric Rangen to resign in December

Jeanne McGovern, retired Deloitte partner, appointed to board effective Sept 30, 2022.
September 1, 2022, 7:59 PM ET M&A materiality 0.85 positive item 7.01 item 9.01

Flexsteel Board Unanimously Rejects $20.80/Share Unsolicited Takeover Bid from CSC Generation

Board unanimously rejected CSC Generation's unsolicited proposal of $20.80 per share in cash.
August 25, 2022, 7:59 PM ET other material materiality 0.75 neutral item 7.01 item 9.01

Flexsteel confirms unsolicited $20.80/share cash proposal from CSC Generation Holdings

Flexsteel received unsolicited preliminary non-binding proposal from CSC Generation Holdings to acquire all shares for $20.80 per share in cash.
August 22, 2022, 7:59 PM ET earnings materiality 0.75 negative item 2.02 item 7.01 item 9.01

Flexsteel Q4 sales down 8.6% to $124.5M; GAAP net loss $0.05/sh, adjusted EPS $0.41

Q4 net sales $124.5M vs $136.2M prior year; full-year sales $544.3M up 13.6%.
June 30, 2022, 7:59 PM ET other materiality 0.15 neutral item 5.02

Flexsteel modifies LTIP awards to annual performance vesting over three-year period ending June 2025

Compensation Committee approved LTIP awards for three-year performance period ending June 30, 2025.
May 24, 2022, 7:59 PM ET leadership materiality 0.60 neutral item 5.02 item 7.01 item 9.01 ◈ executive_change ×2

Flexsteel appoints Alejandro Huerta as CFO, Treasurer & Secretary effective June 1, 2022

Annual base salary of $290,000; eligible for cash incentive at 50% of base (target) and LTIP at 50% of base in shares.
April 25, 2022, 7:59 PM ET earnings materiality 0.70 positive item 2.02 item 7.01 item 9.01

Flexsteel Q3 FY2022: net sales up 18.6% to $140.4M, GAAP EPS $0.82

GAAP net income $5.3M ($0.82 diluted EPS) vs $4.9M ($0.67) prior year; non-GAAP EPS $0.81 vs $0.72.
March 15, 2022, 7:59 PM ET other material materiality 0.80 positive item 8.01

Flexsteel buys 765,000 shares via block trade at $18.71; $15.7M authorization left

Purchased 765,000 shares at $18.71 per share on March 15, 2022 via block trade.
January 24, 2022, 6:59 PM ET earnings materiality 0.85 negative item 2.02 item 7.01 item 9.01

Flexsteel Q2 net loss of $7.5M; sales up 18.9% but margins crushed by supply chain costs

GAAP diluted EPS $(1.13) vs $1.13 a year ago; non-GAAP diluted EPS $(1.05) vs $0.79.
December 22, 2021, 6:59 PM ET leadership materiality 0.30 neutral item 5.02 item 7.01 item 9.01 ◈ executive_change

Flexsteel appoints M. Scott Culbreth to Board of Directors effective Dec 21, 2021

Culbreth appointed as Class III director; serves on Compensation and Audit Committees.
December 15, 2021, 6:59 PM ET other material materiality 0.75 negative item 7.01 item 9.01

Flexsteel raises Q2 revenue guidance but expects operating loss on supply chain costs

Q2 revenue guidance raised to $137-143M (mid-point $140M, 17.5% YoY growth).
December 10, 2021, 6:59 PM ET other materiality 0.15 neutral item 5.07 item 9.01

Flexsteel shareholders elect three Class II directors, approve say-on-pay, increase director age limit to 75

Elected Mary C. Bottie (4,909,317 for), Kathryn P. Dickson (5,037,692 for), and Eric S. Rangen (4,930,458 for) as Class II directors until 2024.
October 25, 2021, 7:59 PM ET earnings materiality 0.75 neutral item 2.02 item 7.01 item 9.01

Flexsteel Q1 sales up 30.8% to $137.7M; GAAP EPS $0.61, non-GAAP $0.48 vs $0.80

Net sales $137.7M (+30.8% YoY); retail home furnishings backlog $133M (+56.5% YoY).
August 23, 2021, 7:59 PM ET earnings materiality 0.80 positive item 2.02 item 7.01 item 9.01

Flexsteel Q4 sales up 110% YoY to $136.2M, GAAP EPS $0.81 vs loss year ago; record backlog $152M

Q4 net sales $136.2M (+110.1% YoY); full-year $478.9M (+30.5%).
August 18, 2021, 7:59 PM ET other materiality 0.30 neutral item 5.02

Flexsteel modifies LTIP goals for FY2022 due to COVID-19, sets new FY2024 plan

FY2022 Cash Incentive Plan awards based on single 12-month period (July 2021-June 2022); payout after year-end results.