Highest-materiality recent filing
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.
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.
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.
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).
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%.
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.
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).
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.
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.
Effective May 21, 2025, the Board of Directors (the “Board”) of Flexsteel Industries, Inc. (the “Company”) appointed Terence P. Calloway to the Board.
Max materiality 0.80 · Median 0.60 · Most common event earnings