Flexsteel Industries, Inc.

Flexsteel Industries, Inc. ( FLXS ) Q1 2027 Earnings Call October 27, 2026 9:00 AM EDT Company Participants Michael Ressler - CFO, Treasurer & Secretary Derek Schmidt - CEO, President & Director Conference Call Participants Anthony Lebiedzinski - Sidoti & Company, LLC Presentation Operator Good morning, and welcome to the Flexsteel Industries First Quarter Fiscal Year 2027 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.

Flexsteel Industries NASDAQ: FLXS reported first-quarter fiscal 2027 net sales growth of 3.2% to $114.0 million, extending its streak of year-over-year sales gains to 12 consecutive quarters, as growth in soft seating products offset a planned exit from its Homestyles ready-to-assemble furniture category.

Flexsteel Industries (FLXS) came out with quarterly earnings of $1.24 per share, missing the Zacks Consensus Estimate of $1.25 per share. This compares to earnings of $1.31 per share a year ago.

DUBUQUE, Iowa--(BUSINESS WIRE)--Flexsteel Industries, Inc. (NASDAQ: FLXS) (“Flexsteel” or the “Company”), one of the largest manufacturers, importers, and marketers of residential furniture products in the United States, today reported first quarter fiscal 2027 results. Key Results for the First Quarter Ended September 30, 2026 Net sales for the quarter of $114.0 million compared to $110.4 million in the prior year quarter, an increase of 3.2%. Sales of Flexsteel branded product grew 5.1% versu.