Flexsteel Industries, Inc. Reports Fiscal Third-Quarter Results and Announces Business Transformation Actions
DUBUQUE, Iowa--(BUSINESS WIRE)--Flexsteel Industries, Inc. (NASDAQ:FLXS) (“Flexsteel” or the “Company”), one of the largest manufacturers, importers and online marketers of furniture products in the United States, today reported third quarter 2020 sales of $98.8 million and a net loss of $5.3 million. GAAP net loss per diluted share was ($0.66), compared to ($1.97) in the prior year quarter. Non-GAAP net income (loss) per diluted share was ($0.45), compared to $0.10 in the prior year. GAAP to n
Flexsteel Industries, Inc. Reports Fiscal Third-Quarter Results and Announces Business Transformation Actions
DUBUQUE, Iowa--(BUSINESS WIRE)--Flexsteel Industries, Inc. (NASDAQ:FLXS) (“Flexsteel” or the “Company”), one of the largest manufacturers, importers and online marketers of furniture products in the United States, today reported third quarter 2020 sales of $98.8 million and a net loss of $5.3 million. GAAP net loss per diluted share was ($0.66), compared to ($1.97) in the prior year quarter. Non-GAAP net income (loss) per diluted share was ($0.45), compared to $0.10 in the prior year. GAAP to n