Flexsteel 1Q Revenue Falls 5.3%; RV Sales Soar

Dubuque, Iowa-based Flexsteel Industries Inc. reported net sales of $113.5 million in its first quarter, ended Sept. 30, down 5.3% to prior year quarter. Residential decreased 5.6% within the quarter, primarily driven by products sold through ecommerce, while RV sales experienced double-digit gains. Net income during the three-month period was $1.3 million, or 16 cents per […]

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