Flexsteel industries, inc. reports fiscal third quarter 2023 results

Dubuque, iowa--(business wire)--flexsteel industries, inc. (nasdaq:flxs) (“flexsteel” or the “company”), one of the largest manufacturers, importers, and marketers of residential furniture products in the united states, today reported third quarter fiscal year 2023 financial results. key results from the third quarter ended march 31, 2023 net sales for the quarter decreased 29.5% to $99.1 million compared to $140.4 million in the prior-year quarter. gross margin increased to 18.8% for the quart.
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