Edition:
United States

Flexsteel Industries Inc (FLXS.OQ)

FLXS.OQ on NASDAQ Stock Exchange Global Select Market

32.60USD
10:50am EDT
Change (% chg)

$-0.26 (-0.79%)
Prev Close
$32.86
Open
$32.85
Day's High
$32.85
Day's Low
$32.60
Volume
1,159
Avg. Vol
7,666
52-wk High
$52.99
52-wk Low
$32.60

Latest Key Developments (Source: Significant Developments)

Flexsteel Industries Says Karel Czanderna Has Retired As CEO
Tuesday, 11 Sep 2018 04:00am EDT 

Sept 11 (Reuters) - Flexsteel Industries Inc ::FLEXSTEEL INDUSTRIES - KAREL CZANDERNA HAS RETIRED FROM HER POSITIONS AS PRESIDENT, CHIEF EXECUTIVE OFFICER AND DIRECTOR, EFFECTIVE SEPTEMBER 9, 2018.FLEXSTEEL INDUSTRIES - JEFF BERTSCH, A CURRENT BOARD MEMBER, HAS BEEN APPOINTED INTERIM PRESIDENT.FLEXSTEEL INDUSTRIES - BOARD HAS COMMENCED SEARCH FOR A PERMANENT PRESIDENT, CEO WITH ASSISTANCE OF A NATIONAL EXECUTIVE SEARCH FIRM.  Full Article

Flexsteel reports Q1 earnings per share $0.78
Thursday, 19 Oct 2017 09:00pm EDT 

Oct 19 (Reuters) - Flexsteel Industries Inc ::Flexsteel reports first quarter results.Q1 earnings per share $0.78.Q1 sales rose 6.9 percent to $119.8 million.‍company expects to see continuing raw material cost increases into calendar year 2018​.Flexsteel Industries- for remainder of FY 2018, co expects moderate revenue growth including intentional sales decrease to certain contract customers​.‍company expects to see continuing raw material cost increases into calendar year 2018​.Flexsteel Industries- expects to capitalize $12 million for construction of manufacturing facility, $6 million for operations​.  Full Article

Flexsteel increases dividend 10 pct to $0.22 per share
Tuesday, 12 Sep 2017 11:22am EDT 

Sept 12 (Reuters) - Flexsteel Industries Inc ::Flexsteel increases dividend 10 percent.Approved a 10 pct increase in company's quarterly dividend by declaring $0.22 per share​.  Full Article

Flexsteel announces tentative agreements for Dubuque manufacturing
Friday, 12 May 2017 04:00pm EDT 

May 12 (Reuters) - Flexsteel Industries Inc ::Flexsteel announces tentative agreements for Dubuque manufacturing.Flexsteel industries- tentatively agreed to terms under 3 agreements related to maintaining employment and manufacturing operations in Dubuque, Iowa.Flexsteel industries inc- deals include development agreement with city of Dubuque requiring construction of a $25 million manufacturing facility.Flexsteel industries inc-deals also include agreement to purchase land for $1.3 million from Dubuque county for new facility.  Full Article

Flexsteel Q3 earnings per share $0.96
Thursday, 20 Apr 2017 06:15pm EDT 

April 20 (Reuters) - Flexsteel Industries Inc ::Flexsteel reports third quarter results.Q3 sales fell 3.7 percent to $120.8 million.Q3 earnings per share $0.96.Flexsteel Industries Inc says net sales for fourth fiscal quarter are expected to remain steady with current quarter.Flexsteel Industries Inc - for remainder of fiscal year 2017, co sees $3.7 million for capital expenditures and $1.0 million as sg&a expense.  Full Article

BRIEF-Flexsteel reports Q3 earnings per share of $0.72

* FOR THE BALANCE OF THE FY 2018, EXPECTS CAPITAL EXPENDITURES OF $3 MILLION RELATED TO BUSINESS INFORMATION SYSTEM SOFTWARE AND DEVELOPMENT