olivLaw · US equity research
Flexsteel Industries, Inc. FLXS
Household Furniture · SIC 2510 · Vertical: Household Furniture (SIC 2510)
Flexsteel Industries is one of the largest residential furniture manufacturers, importers and marketers in the United States, selling under its core Flexsteel brand and several sub-brands. The company reported net sales of 459.2 million USD in fiscal 2026, but cost pressures and tariffs dominate the current outlook.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 04 Nov 2026, Flexsteel Industries, Inc. (FLXS) stock was 74.99 USD (+2.56% on the day), with market capitalisation 312.1 m USD, P/E 12.2 on diluted EPS of 6.14 USD over the last 12 months, dividend yield 1.73%, beta 1.08, 52-week range 34.55–89.37 USD. Latest reported quarter (Q1 2027): revenue of 114.0 m USD (+3.2% YoY), net income of 5.4 m USD (−26.0% YoY), diluted EPS 1.24 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 41.3
- weak (30–45)
- Bollinger (20, 2)
- 68.77 – 92.92
- in the lower half of the band · %B 0.26 · band width 29.9%
- SMA 50 / 200
- 82.52 / 64.31
- mixed trend
- MACD (12, 26, 9)
- -2.95 / -1.91
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −14.8% | −1.1% | −13.7 pp | — |
| 3 months | −3.1% | −0.5% | −2.6 pp | — |
| 6 months | +36.4% | +4.4% | +32.0 pp | — |
| Year to date | +89.9% | +12.3% | +77.6 pp | — |
| 1 year | +116.8% | +13.5% | +103.3 pp | −10.3% |
| 3 years | +301.0% | +76.4% | +224.6 pp | −9.8% |
| 5 years | +160.0% | +63.7% | +96.3 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q1 2027 · 30 Sept 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 108.5 m | 114.0 m | 114.6 m | 110.4 m | 118.2 m | 115.1 m | 115.4 m | 114.0 m |
| Cost of revenue | 85.7 m | 88.6 m | 87.2 m | 84.5 m | 91.4 m | 89.1 m | 80.7 m | 88.9 m |
| Gross profit | 22.8 m | 25.3 m | 27.4 m | 25.9 m | 26.8 m | 26.0 m | 34.6 m | 25.1 m |
| SG&A | 16.1 m | 17.1 m | 17.2 m | 17.0 m | 17.8 m | 17.8 m | 18.3 m | 18.2 m |
| Operating income | 11.7 m | -5.1 m | 14.0 m | 9.0 m | 9.0 m | 8.2 m | 16.3 m | 6.9 m |
| Interest expense | -19.0 k | 0 | 0 | 0 | 0 | — | — | 9.0 k |
| Pre-tax income | 11.7 m | -5.0 m | 14.3 m | 9.4 m | 9.4 m | 8.6 m | 16.5 m | 6.9 m |
| Income tax | 2.6 m | -1.2 m | 3.6 m | 2.1 m | 2.7 m | 2.1 m | 3.8 m | 1.5 m |
| Net income | 9.1 m | -3.7 m | 10.7 m | 7.3 m | 6.6 m | 6.4 m | 12.7 m | 5.4 m |
| Diluted EPS | 1.62 | -0.71 | 1.89 | 1.31 | 1.18 | 1.14 | 2.58 ≈ | 1.24 |
| Operating cash flow | 6.7 m ≈ | 12.3 m ≈ | 15.6 m | 4.1 m | 1.0 m ≈ | 22.1 m ≈ | 24.3 m | -1.5 m |
| Capex | 907.0 k ≈ | 1.4 m ≈ | 568.0 k | 1.4 m | 1.7 m ≈ | 440.0 k ≈ | 402.0 k | 965.0 k |
| Dividends paid | 886.0 k ≈ | 895.0 k ≈ | 901.0 k | 1.1 m | 1.1 m ≈ | 1.1 m ≈ | 1.1 m | 1.1 m |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 33 percentile of its own 30-quarter history (min 6.5, median 14.5, max 72.0; quarters with earnings only).
Fiscal years
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 443.6 m | 366.9 m | 478.9 m | 544.3 m | 393.7 m | 412.8 m | 441.1 m | 459.2 m |
| Revenue YoY | −9.3% | −17.3% | +30.5% | +13.6% | −27.7% | +4.8% | +6.9% | +4.1% |
| Net income | -32.6 m | -26.8 m | 23.0 m | 1.9 m | 14.8 m | 10.5 m | 20.2 m | 33.1 m |
| Net income YoY | −284.6% | unavailable | unavailable | −92.0% | +697.5% | −28.8% | +91.4% | +64.4% |
| Diluted EPS | -4.13 | -3.37 | 3.09 | 0.28 | 2.74 | 1.91 | 3.55 | 6.07 |
| Diluted EPS YoY | −285.2% | unavailable | unavailable | −90.9% | +878.6% | −30.3% | +85.9% | +71.0% |
| net % | -7.4% | -7.3% | 4.8% | 0.3% | 3.8% | 2.6% | 4.6% | 7.2% |
| Free cash flow | -14.6 m | 14.6 m | -35.3 m | 4.1 m | 18.2 m | 27.1 m | 33.7 m | 47.6 m |
Reported results vs expectations
Loading…
Balance sheet & financial health
Fiscal year 2026 · 30 Jun 2026
- Cash
- 16.7 m USD
- Financial debt
- unavailable USD
- Net debt
- unavailable USD
- Equity
- 133.5 m USD
- Total assets
- 254.0 m USD
- Debt / equity
- unavailable
- Current ratio
- 2.09x
- ROE
- 22.0%
- ROA
- 12.3%
- FCF margin
- 10.4%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 478.9 m | 544.3 m | 393.7 m | 412.8 m | 441.1 m | 459.2 m | SEC (XBRL)· 19 Aug 2026verified |
| Cost of revenue | 382.2 m | 471.6 m | 322.7 m | 325.5 m | 343.1 m | 345.7 m | SEC (XBRL)· 19 Aug 2026verified |
| Gross profit | 96.7 m | 72.7 m | 70.9 m | 87.2 m | 97.9 m | 113.4 m | SEC (XBRL)· 19 Aug 2026verified |
| Research & development | 1.9 m | 2.9 m | 2.1 m | 2.1 m | 2.1 m | 2.6 m | SEC (XBRL)· 19 Aug 2026verified |
| SG&A | 68.0 m | 66.7 m | 62.8 m | 70.4 m | 66.7 m | 70.9 m | SEC (XBRL)· 19 Aug 2026verified |
| Operating income | 31.2 m | 6.6 m | 10.5 m | 17.1 m | 26.6 m | 42.6 m | SEC (XBRL)· 19 Aug 2026verified |
| Interest expense | 10.0 k | 835.0 k | 1.3 m | 1.6 m | 70.0 k | 22.0 k | SEC (XBRL)· 19 Aug 2026verified |
| Pre-tax income | 31.5 m | 5.9 m | 9.2 m | 15.6 m | 27.0 m | 43.8 m | SEC (XBRL)· 19 Aug 2026verified |
| Income tax | 8.4 m | 4.1 m | -5.6 m | 5.0 m | 6.8 m | 10.7 m | SEC (XBRL)· 19 Aug 2026verified |
| Net income | 23.0 m | 1.9 m | 14.8 m | 10.5 m | 20.2 m | 33.1 m | SEC (XBRL)· 19 Aug 2026verified |
| Diluted EPS | 3.09 | 0.28 | 2.74 | 1.91 | 3.55 | 6.07 | SEC (XBRL)· 19 Aug 2026verified |
| Weighted average diluted shares | 7.5 m | 6.5 m | 5.4 m | 5.5 m | 5.7 m | 5.5 m | SEC (XBRL)· 19 Aug 2026verified |
| Dividend per share | 0.45 | 0.60 | 0.60 | 0.60 | 0.71 | 0.85 | SEC (XBRL)· 19 Aug 2026verified |
Balance sheet · USD
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 1.3 m | 2.2 m | 3.4 m | 4.8 m | 40.0 m | 16.7 m | SEC (XBRL)· 19 Aug 2026verified |
| Receivables | 56.0 m | 41.1 m | 38.2 m | 44.2 m | 35.2 m | 42.7 m | SEC (XBRL)· 19 Aug 2026verified |
| Inventories | 161.1 m | 141.2 m | 122.1 m | 96.6 m | 89.1 m | 90.6 m | SEC (XBRL)· 19 Aug 2026verified |
| Current assets | 228.5 m | 190.1 m | 170.6 m | 155.4 m | 172.4 m | 158.4 m | SEC (XBRL)· 19 Aug 2026verified |
| Property, plant & equipment, net | 39.8 m | 38.5 m | 38.7 m | 36.7 m | 36.2 m | 36.0 m | SEC (XBRL)· 19 Aug 2026verified |
| Total assets | 296.8 m | 268.7 m | 290.6 m | 274.5 m | 282.5 m | 254.0 m | SEC (XBRL)· 19 Aug 2026verified |
| Current liabilities | 99.8 m | 64.6 m | 55.1 m | 60.4 m | 62.0 m | 75.7 m | SEC (XBRL)· 19 Aug 2026verified |
| Total liabilities | 128.8 m | 137.2 m | 148.9 m | 124.1 m | 114.6 m | 120.5 m | SEC (XBRL)· 19 Aug 2026verified |
| Equity | 168.0 m † | 131.6 m † | 141.6 m † | 150.4 m † | 167.9 m † | 133.5 m † | SEC (XBRL)· 19 Aug 2026verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -32.7 m | 8.0 m | 23.0 m | 31.9 m | 37.0 m | 51.5 m | SEC (XBRL)· 19 Aug 2026verified |
| Capex | 2.6 m | 3.9 m | 4.8 m | 4.8 m | 3.3 m | 3.9 m | SEC (XBRL)· 19 Aug 2026verified |
| Free cash flow | -35.3 m ≈ | 4.1 m ≈ | 18.2 m ≈ | 27.1 m ≈ | 33.7 m ≈ | 47.6 m ≈ | SEC (XBRL)· 19 Aug 2026derived |
| Investing cash flow | 16.1 m | -1.9 m | -4.5 m | -593.0 k | 9.4 m | -3.9 m | SEC (XBRL)· 19 Aug 2026verified |
| Financing cash flow | -30.2 m | -5.2 m | -17.4 m | -29.9 m | -11.2 m | -70.9 m | SEC (XBRL)· 19 Aug 2026verified |
| Dividends paid | 2.6 m | 3.9 m | 3.2 m | 3.2 m | 3.6 m | 4.4 m | SEC (XBRL)· 19 Aug 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
Score: 80 / 100
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 312.1 m USD
Key indicators
Coverage and freshness
Score by group
- Balance sheet100
- Growth72
- Quality83
- Returns52
- Valuation89
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 88.71 – 137.08 USD.
Methods computed but outside the aggregate range: Dividend discount (DDM) (a small share of earnings is paid as dividends (capital returns through buybacks): the dividend model does not describe the value and stays outside the aggregate).
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: P/E88.71 – 137.08 (Mid 102.75)3 companies used · median multiple 16.7x · quartiles 14.4x – 22.3xLZB, SGI, XMAX
- Dividend discount (DDM)outside the aggregate11.17 – 15.02 (Mid 12.81)a small share of earnings is paid as dividends (capital returns through buybacks): the dividend model does not describe the value and stays outside the aggregate
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Neutral profile · Score 80/100
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | 6.7% | 67 (vs peers) | 9% |
| FCF conversion · Quality | 135.8% | 100 (on a fixed band) | 9% |
| Revenue CAGR 3Y · Growth | 5.3% | 44 (on a fixed band) | 12% |
| EPS CAGR 3Y · Growth | 30.4% | 100 (on a fixed band) | 12% |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | 1,305.1x | 100 (on a fixed band) | 9% |
| Current ratio · Balance sheet | 2.2x | 100 (on a fixed band) | 6% |
| P/E (TTM) · Valuation | 12.2x | 81 (on a fixed band) | 15% |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | 13.6% | 100 (on a fixed band) | 12% |
| Shareholder yield (distributions) · Returns | 1.4% | 20 (on a fixed band) | 9% |
| Payout ratio (FCF) · Returns | 10.3% | 100 (on a fixed band) | 6% |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet100/100 · 2/3 factors with a value
- Growth72/100 · 2/2 factors with a value
- Quality83/100 · 2/3 factors with a value
- Returns52/100 · 2/2 factors with a value
- Valuation89/100 · 2/3 factors with a value
Memo
FLEXSTEEL INDUSTRIES, INC. (FLXS). Latest full fiscal year: 2026; data up to 2026-09-30.
Figures computed from the financial statements: revenue 459.2 m USD in 2026; YoY growth 4.1%; net margin 6.7%; ROE 20.5%.
The estimated value range is 88.71–137.08 USD per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 102.75 USD, the price of 74.99 USD leaves a potential of 37.0% (value / price − 1) and a margin of safety of 27.0% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
olivLaw score 80/100, methodological classification: neutral profile (score, margin of safety and method agreement together; not a judgement of the right price). Not investment advice.
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- FCF conversion: 135.8%
- EPS CAGR 3Y: 30.4%
- Interest coverage: 1,305.1x
- Current ratio: 2.2x
- P/E (TTM): 12.2x
- FCF yield: 13.6%
- Payout ratio (FCF): 10.3%
- The price is below the estimated value range
What contradicts it
- Shareholder yield (distributions): 1.4%
Not assessed (insufficient data or a ratio without meaning): ROIC, Net debt / EBITDA, EV/EBITDA.
Versus the vertical median
Household Furniture (SIC 2510) · same industry (4-digit SIC) · compared with 6 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| SGISomnigroup International Inc. | 14.7 bn | 27.9 | 17.6% | 7.0% | +51.6% | −24% / +73% |
| LZBLa-Z-Boy Incorporated | 1.3 bn | 16.7 | 8.0% | 3.9% | +0.8% | −15% / −6% |
| CODICompass Diversified Holdings | 926.2 m | — | -17.7% | -5.3% | +4.8% | +67% / −39% |
| XMAXXmax Inc. | 336.8 m | 12.2 | 52.9% | 185.9% | +72.6% | −6% / +155% |
| FLXSFlexsteel Industries, Inc. | 312.1 m | 12.2 | 20.5% | 6.7% | +4.1% | +117% / +301% |
| HOFTHooker Furnishings Corporation | 165.2 m | — | -9.9% | -8.7% | −12.4% | +44% / −14% |
| PRPLPurple Innovation, Inc. | 44.8 m | — | — | -8.9% | −3.9% | −86% / −82% |
1- and 3-year price returns: for FLXS from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 54.57 Total return -26% · Per year -26% | 96.44 Total return 31% · Per year 31% | 145.22 Total return 96% · Per year 96% |
| 3 years | 53.78 Total return -23% · Per year -8% | 106.86 Total return 50% · Per year 14% | 176.56 Total return 144% · Per year 35% |
| 5 years | 53.00 Total return -21% · Per year -5% | 118.41 Total return 70% · Per year 11% | 214.66 Total return 203% · Per year 25% |
- Exit P/E± 26.72
- Net margin± 18.70
- Annual revenue growth± 15.24
- Annual dilution± 1.57
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 26 Oct 2026; since then the company filed 10-Q (28 Oct 2026).
In brief
Flexsteel Industries is one of the largest residential furniture manufacturers, importers and marketers in the United States, selling under its core Flexsteel brand and several sub-brands. The company reported net sales of 459.2 million USD in fiscal 2026 1, but cost pressures and tariffs dominate the current outlook 2.
SWOT
Strengths
- A long-established brand known for the patented Blue Steel Spring mechanism and a broad product range 1.
- A mix of own production in Mexico and offshore sourcing offers flexibility and a wide range of price points 1.
- A solid balance sheet and the ability to return capital to shareholders through buybacks and dividends 1.
Weaknesses
- Reliance on physical store distribution and a few large retail partners exposes the company to channel shifts 1.
- Margins have been hit by higher energy and transport costs, which the company cannot fully pass on to prices 2.
- Exposure to the Mexican peso affects results through translation effects on assets and manufacturing costs 2.
Opportunities
Risks
- Trade policy and tariffshigh
Changes in tariffs can raise the cost of goods sold and affect relationships with suppliers and retail partners 1.
- Claims over tariff refundsmedium
Retail partners or suppliers may seek credits or payments tied to the refunds received, which could reduce their benefit 1.
- Cost inflationhigh
Rising transport, energy, raw material and labor costs can compress margins if prices cannot be adjusted in time 12.
- Global supply chainmedium
Delays, shortages or quality problems at foreign suppliers could disrupt deliveries to customers 1.
- Shifting preferences and channelslow
A change in consumer tastes or a move toward online buying could reduce sales through current channels 1.
Investment thesis
What would need to be true (bull case)
- Flexsteel brand sales rose and orders and backlog are growing, indicating solid demand for new products 2.
- Tariff refunds and cost reduction programs supported margins in fiscal 2026, and the company returned capital to shareholders 1.
- If cost pressures ease, the company could benefit from its blended production model and brand position 1.
What would break the thesis
- Pressure from tariffs and transport and energy costs may remain high and weigh on margins 2.
- The market is fragmented and competitive, and without a dominant share the company is exposed to price pressure 1.
- Furniture demand is discretionary and sensitive to consumer confidence, so an economic slowdown could reduce sales 1.
What to watch
- Second quarter results and guidance, with attention to gross and operating marginQ2 2027
- Developments in Section 232 and Section 301 tariffs, including the scheduled increase on seating2027
- Ocean transport and energy costs and their effect on gross margin2027
- Any claims from partners over tariff refundsnext 10-K
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 26 Oct 2026; since then the company filed 10-Q (28 Oct 2026).
The business
Flexsteel Industries, Inc. is based in Dubuque, Iowa, and offers sofas, chairs, sectionals, bedroom furniture, dining tables and chairs, storage for kitchens and other home products 1. Products are distributed nationwide through retail partners and online channels, and the brand is associated with the patented Blue Steel Spring mechanism 1. The company operates one reportable segment, furniture products 1.
Production partly takes place in manufacturing facilities in Juarez, Mexico, while some components and finished products come from offshore suppliers, mainly in Vietnam 1. This blend of own production and imports allows a wide range of price points and styles, but exposes the company to tariffs and supply chain costs 1. The company had about 1,200 employees on June 30, 2026 1.
During fiscal 2026 Flexsteel received IEEPA tariff refunds, but it still has to address possible claims from retail partners regarding these amounts 1. The Homestyles ready-to-assemble brand is being exited, which changes the sales mix 2.
Segments
Market context
The US residential furniture industry is highly competitive and fragmented, with many domestic and foreign manufacturers and distributors and no dominant leader 1. Demand is considered discretionary, so economic slowdown and weak consumer confidence could reduce sales 1. Ocean transport and energy costs have risen in recent months, pressuring margins across the sector 2.
In the near term, the company guides to sales growth of 1% to 4% in the second quarter of fiscal 2027 amid a difficult economic environment 2. The pace depends on demand and logistics cost inflation, influenced by tariffs and energy prices 2.
Trends
- Tariffsheadwind
Section 232 tariffs of 25 percent on seating and new Section 301 tariffs on casegoods imported from Vietnam raise import costs 1. If tariffs are increased, as the current framework allows, costs could rise further 1.
- Transport and energy costsheadwind
Ocean transport rates have risen sharply, and fuel and material prices weigh on margins 2. The company has offset part of these pressures through cost savings and portfolio management 2.
- Growth of the core brandtailwind
Flexsteel brand sales rose in the first quarter of fiscal 2027, and orders and backlog increased, suggesting solid demand for new launches 2. The company links this to innovation and expansion in wellness 2.
- Online commerce and physical channelsmixed
Most sales go through physical stores, and a significant shift of consumer preference toward online purchasing could affect margins 1. The company is exposed to this channel risk 1.
Competitive position
Flexsteel competes with a large number of US and foreign manufacturers and distributors, some of which have substantially greater sales volumes 1. Competition is based on style, quality, comfort, price, delivery and durability 1. The company says its advantages are the patented Blue Steel Spring, manufacturing and sourcing capabilities and innovation 1.
Competitive pressure could force the company to cut prices or lose market share, especially if rivals with less tariff exposure keep prices lower 1. Faster adoption of artificial intelligence by competitors could also give them an advantage 1.
- La-Z-BoyLZB
US residential furniture maker named in the competitive field; detailed figures are not in the supplied sources.
- Ethan Allen InteriorsETD
US home furnishings manufacturer and retailer in the same residential product category.
- Bassett FurnitureBSET
US residential furniture company competing in seating and bedroom categories.
- Foreign manufacturers and importers
Numerous competitors outside the US with different cost structures, competing on price and volume.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- Flexsteel Eyes $750M Revenue Goal as Innovation Fuels Market Share GainsYahoo Finance — News · 30 Aug 2026 · EN
The latest news item in our archive is from 30 Aug 2026; the newest SEC filing is from 28 Oct 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.
SEC filings
- Quarterly report28 Oct 2026
- Current report26 Oct 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Proxy statement23 Oct 2026
- Current report11 Sept 2026Departure or appointment of officers · Regulation FD disclosure · Financial statements and exhibits
- Annual report19 Aug 2026
- Current report17 Aug 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Current report28 Apr 2026Material agreement · Departure or appointment of officers · Regulation FD disclosure · Financial statements and exhibits
- Quarterly report22 Apr 2026
- Current report20 Apr 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Quarterly report04 Feb 2026
Sources
- [1] Form 10-K, fiscal year ended 2026-06-30 · SEC / Flexsteel Industries, Inc. · 19 Aug 2026
- [2] Form 8-K, results release (exhibit 99.1) · SEC / Flexsteel Industries, Inc. · 26 Oct 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.