United Group Insurance

Business Watch – Flexsteel: Fiscal 4Q Earnings Snapshot

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August 24th, 2018 by Ric Hanson

DUBUQUE, Iowa (AP) A Dubuque-based company reported on Thursday, fiscal fourth-quarter earnings of $2.2-million. Flexsteel Industries Inc. (FLXS) said it had net income of 28 cents per share. The furniture maker posted revenue of $113.1 million in the period. For the year, the company reported profit of $17.7 million, or $2.23 per share. Revenue was reported as $489.2 million. Flexsteel shares have decreased 17 percent since the beginning of the year. The stock has declined 14 percent in the last 12 months.