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Flexsteel Industries reports $114 million in net sales for Q1 FY2027

The Motley Fool +1 · ·by G4L

FLXS
FLXS Flexsteel Industries Inc
$74.90 +2.98%
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  1. 1Flexsteel Industries recorded a 3.2% increase in net sales for Q1 FY2027, marking 12 consecutive quarters of growth.
  2. 2The Flexsteel brand business saw a revenue growth rate of approximately 5% in Q1 FY2027, excluding the impact of withdrawing from the Homestyles RTA furniture category.
  3. 3Flexsteel Industries' ending backlog grew by 8.2% during the quarter compared to the previous year.

So what's the key point?

Flexsteel Industries has seen its sales grow for 12 straight quarters. The furniture business is performing well and order volumes increased by 8.2%, indicating company growth.

Source The Motley Fool +1 · View original ↗

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