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Flexsteel Posts Record Full-Year Sales and Profit

2015-08-20 08:35:45| Furniture - Topix.net

Flexsteel Industries Inc. today reported record sales and net income for its fiscal full year, ended June 30. For the year, the Dubuque, Iowa-based furniture maker said revenue increased 6.5% to $467 million from $438.5 million representing the sixth consecutive year of improved sales. Year-end net income rose to $22.3 million, or $2.89 per diluted share, from $15 million, or $2 per diluted share, primarily driven by top-line growth and improved margin.

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