Flexsteel Industries, Inc. Reiterates Sales Guidance for the Third, Fourth Quarter of Fiscal Year 2024 and Full Year Fiscal 2025
February 05, 2024 at 04:10 pm EST
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Flexsteel Industries, Inc. reiterated sales guidance for the third, fourth quarter of fiscal year 2024 and full year fiscal 2025. For the third quarter of 2024, the company expects sales of $101 million to $106 million.
For the fourth quarter of 2024, the company expects sales of $107 million to $112 million.
For the fiscal year 2025, the company expects sales of $416 million to $432 million.
Flexsteel Industries, Inc. is a manufacturer, importer, and marketer of residential furniture products in the United States. The Companyâs furniture products business involves the distribution of manufactured and imported products consisting of a broad line of furniture for the residential market. The Companyâs product offerings include a variety of furniture, such as sofas, loveseats, chairs, reclining rocking chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs, kitchen storage, bedroom furniture, and outdoor furniture. The Company distributes its products throughout the United States through its e-commerce channel and direct sales force. The Company operates manufacturing facilities located in Dublin, Georgia, and Juarez, Mexico. The Company utilizes various types of wood, fabric, leather, filling material, high carbon spring steel, bar and wire stock, polyurethane foam and other raw materials in manufacturing furniture.
FLEXSTEEL INDUSTRIES, INC. 
