Flexsteel 3Q Sales Gain 2.4%, Net Income Dips
Upholstery and case goods resource Flexsteel Inds. said sales edged up 2.4% to $125.4 million in its third quarter, ended March 31, as demand for furniture continued to weaken due to “political and economic uncertainty.” The company said residential furniture sales rose 1.8% to $105.8 million, while commercial furniture sales were up 5.4% to $19.6 million. […]