business
Flexsteel Industries Sees Outsized Growth as Margins Rise, Buybacks Cut Share Count
Key takeaways
- Flexsteel Industries said it has outgrown the furniture industry over the past 2.5 years, posting 10 straight quarters of growth and lifting operating margins from low single digits to above 7% despite a weak market.
- The company highlighted strong fundamentals, including more than $450 million in trailing 12-month sales, positive free cash flow, and a debt-free balance sheet with over $57 million in cash.
- Management also emphasized capital returns and long-term goals, noting a $60 million share repurchase that cut shares outstanding by 24% and a target of $750 million in sales with operating margins of at least 8%.
Flexsteel Industries Sees Outsized Growth as Margins Rise, Buybacks Cut Share Count Flexsteel Industries logo Market Beat Sun, May 24, 2026 at 4:02 AM GMT+7 6 min read FLXS HOFT Key Points Interested in Flexsteel Industries, Inc.? Here are five stocks we like better.
Flexsteel Industries said it has outgrown the furniture industry over the past 2.5 years, posting 10 straight quarters of growth and lifting operating margins from low single digits to above 7% despite a weak market.
The company highlighted strong fundamentals, including more than $450 million in trailing 12-month sales, positive free cash flow, and a debt-free balance sheet with over $57 million in cash.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop