DUBUQUE, IA -- Upholstered and wood furniture products maker Flexsteel Industries Inc. (FLXS) reported an increase in profit for its fourth quarter, mainly driven by higher revenues and improved margins.

Net income for Q4 surged to $4.14 million from $0.80 million share last year. The company's net quarterly sales increased 15% to $85.55 million from $74.56 million in the comparable quarter a year ago.

Read Flexsteel's press release.

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