Flexsteel Q4 GAAP diluted EPS rises 36.5% to $2.58; net sales increase 0.7% to $115.4 million
FLXS•Fiscal first-quarter outlook
For fiscal Q1 2027, Flexsteel sees net sales of $111 million to $115 million, up 1% to 4% year over year, with GAAP operating margin of 6.5% to 7%.
Cash flow and capital returns
Operating cash flow was $24.3 million in the quarter; share repurchases totaled $62.6 million.
Fourth-quarter results improve on margin expansion
Flexsteel posted Q4 GAAP diluted EPS of $2.58, up from $1.89 a year earlier, as net sales rose 0.7% to $115.4 million.
GAAP operating income climbed to $16.3 million, lifting operating margin by 2 percentage points to 14.2%.
Gross margin widened 6.1 percentage points to 30%, primarily due to IEEPA tariff refunds; SG&A rose to 15.8% of net sales.
