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Tag Archives: Flexsteel

Flexsteel posts net sales increase for second quarter

(Jan. 26, 2018) -- Net sales for the three months ended Dec. 31, 2017, were $129.4 million, compared with $118.5 million for the second quarter of last fiscal year. In its press release, the company said increases in residential and contract net sales were “primarily due to increased volume.” Read More »

Flexsteel taps Hamilton for CFO

(Jan. 9, 2018) -- Flexsteel Industries Inc. has tapped Marcus D. Hamilton to be the new CFO of the residential furniture giant, effective Jan. 8. Hamilton replaces Timothy E. Hall, who is retiring from the company after 23 years of service. Read More »

Walter Surface Technologies announce ‘Test Drive Flexsteel’

(May 16, 2017) -- Starting May 15, and open across the United States and Canada, customers who purchase specially-marked 10-pack of Flexsteel flap discs will find a promo code inside and will have the opportunity to enter at www.walter.com/flexsteelcontest to be eligible to win the grand prize, a 2018 Ford Mustang GT, or 75 other prizes. Read More »

IA: Flexsteel plans to keep factory in Dubuque

(May 16, 2017) -- The furniture maker announced Friday that it has reached a tentative agreement with the city to build the new factory. The new plant would cost about $28 million and be about 250,000 square feet, according to a statement from the Greater Dubuque Development Corp. Read More »

Flexsteel announces quarterly dividend

(March 8, 2017) -- Flexsteel Industries declared a quarterly dividend of $0.20 per share, payable April 3 to shareholders of record as of March 17. Flexsteel has paid cash dividends on its common stock each year since 1938. Read More »

Flexsteel director sold 4,250 shares

(March 3, 2017) -- Flexsteel Industries Director Mary C. Bottie sold 4,250 shares of the stock in a transaction on Feb. 10. The stock was sold at an average price of $50.88, for a total transaction of $216,240.00. Read More »

Flexsteel reports first quarter results

(Oct. 20, 2016) -- Net sales were $112 million for the quarter ended Sept. 30, the second highest first quarter, compared to $127 million in the prior year quarter, a decrease of 11.4%. Residential net sales for the quarter ended Sept. 30, 2015 included approximately $3 million of product sales related to clearing the west coast port congestion. Read More »