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. […]

ELS Bid For Carefree; Mobile Bookings Are Up

One of the interesting tidbits to come out of the Equity Lifestyle Properties Inc. (ELS) conference call today (April 19) on its first-quarter financial results was the revelation by CEO Marguerite Nader that the Chicago-based real-estate investment trust made a bid for Carefree Communities Inc. “We reviewed the due-diligence material and we expressed an interest […]