FLXS, GHI and VIRT made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 16, 2025.
GHI, VIRT and FLXS made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 16, 2025.
Flexsteel Industries reported strong Q3 results, as sales growth again beat industry peers and Wall Street's consensus. Operating leverage surged earnings very well. The outlook is increasingly cloudy. Trump's 10% tariff is causing significant cost pressure on Flexsteel's external sourcing, and reciprocal tariffs, especially in Vietnam, could cause further pressure. Ultimately, Flexsteel still has a good amount of North American manufacturing, strong financial momentum, and a healthy balance sheet to navigate uncertainty.
Flexsteel Industries, Inc. (NASDAQ:FLXS ) Q3 2025 Earnings Conference Call April 22, 2025 9:00 AM ET Company Participants Michael Ressler - CFO Derek Schmidt - President and CEO Conference Call Participants Anthony Lebiedzinski - Sidoti & Co. Operator Good morning, and welcome to the Flexsteel Industries Third Quarter Fiscal Year 2025 Earnings Conference Call. All participants will be in a listen only mode.
Flexsteel Industries (FLXS) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.67 per share a year ago.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Flexsteel (FLXS) could produce exceptional returns because of its solid growth attributes.
Flexsteel (FLXS) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Here is how Flexsteel Industries (FLXS) and Roblox (RBLX) have performed compared to their sector so far this year.
Flexsteel (FLXS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Flexsteel (FLXS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Flexsteel Industries, Inc.'s fiscal Q2 2025 results show 8.5% revenue growth and 45% operating income growth, driven by door penetration and big-box sales, despite gross margin challenges. Despite strong performance, Flexsteel's 16x earnings multiple is unjustified for a small, tariff-exposed, cyclical consumer discretionary company. I maintain a Hold rating. Gross margins fell 90bps, with most sales being 'empty calories' due to higher freight costs and competitive retail environments.