FLXS News

Today we'll take a closer look at Flexsteel Industries, Inc. (NASDAQ:FLXS) from a dividend investor's perspective...

Today we will run through one way of estimating the intrinsic value of Flexsteel Industries, Inc. (NASDAQ:FLXS) by...

Flexsteel Industries, Inc., (the "Company") (NASDAQ: FLXS) today announced that the Company granted Derek P. Schmidt, in connection with his appointment as the Company’s Chief Financial Officer and Chief Operating Officer, an option to purchase 78,884 shares of the Company’s common stock with a per share exercise price of $9.97, the closing trading price of the Company’s common stock on the grant date of April 6, 2020. The stock option vests on April 6, 2023 and has a ten-year term. The stock option was granted outside of the Company’s Omnibus Stock Plan in accordance with Nasdaq Listing Rule 5635(c)(4) as an inducement material to Mr. Schmidt entering into employment with the Company. This option grant was previously disclosed, as part of the terms of Mr. Schmidt’s Letter Agreement dated March 10, 2020, in a Current Report on Form 8-K filed with the Securities and Exchange Commission on March 18, 2020.

Anyone researching Flexsteel Industries, Inc. (NASDAQ:FLXS) might want to consider the historical volatility of the...

Only three of the 12 names in the 2020 Double Net Value Portfolio are in positive territory since inception, with several down by double-digit percentages.

We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]

If you are building a properly diversified stock portfolio, the chances are some of your picks will perform badly. But...

Some deep-value stock ideas Continue reading...

Q1 2020 Flexsteel Industries Inc Earnings Call

Flexsteel Industries Inc (FLXS)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on June 30, 2019. Continue reading...

Flexsteel Industries, Inc. (NASDAQ:FLXS) ("Flexsteel" or the "Company"), one of the oldest and largest manufacturers, importers and marketers of residential and contract upholstered and wooden furniture products in the United States, announced today that it will issue its third quarter 2020 financial results after market close on Tuesday, April 28, 2020.

Flexsteel Industries, Inc. (NASDAQ:FLXS), today announced that Derek P. Schmidt will join Flexsteel and assume the role of Chief Financial Officer and Chief Operating Officer on April 6, 2020. Mr. Schmidt brings over 25 years of broad financial leadership and general management experience driving profitable growth across multiple industries, including over seven years in the furniture industry.

President & CEO of Flexsteel Industries Inc (30-Year Financial, Insider Trades) Jerald K Dittmer (insider trades) bought 5,000 shares of FLXS on 08/29/2019 at an average price of $13.39 a share. Continue reading...

Flexsteel Industries, Inc. (NASDAQ:FLXS), announced its Board of Directors declared a quarterly dividend of $0.22 a share, payable April 6, 2020 to shareholders of record as of March 20,2020.

We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...

Q2 2020 Flexsteel Industries Inc Earnings Call

Q3 2020 Flexsteel Industries Inc Earnings Call

Flexsteel Industries, Inc. (NASDAQ:FLXS) ("Flexsteel" or the "Company"), one of the largest manufacturers, importers and online marketers of furniture products in the United States, today reported third quarter 2020 sales of $98.8 million and a net loss of $5.3 million. GAAP net loss per diluted share was ($0.66), compared to ($1.97) in the prior year quarter. Non-GAAP net income (loss) per diluted share was ($0.45), compared to $0.10 in the prior year. GAAP to non-GAAP reconciliations follow the financial statements in this press release.