Why Furniture Company Flexsteel Industries Shares Are Surging Today Why Furniture Company Flexsteel Industries (FLXS) Shares Are Surging Today - Flexsteel Industries (NASDAQ:FLXS)
Flexsteel Industries announced preliminary results for the second quarter of fiscal year 2024, with a notable 7.5% sales growth and net sales reaching $100.1 million, surpassing consensus estimates. The company also reported a significant increase in sales orders and a substantial improvement in gross margin.