DUBUQUE, IA – Flexsteel Industries Inc. reported net sales for the third quarter of the fiscal year, ended March 31, of $98.1 million compared to the prior year quarter of $104.1 million, a decrease of 5.7%. 

Net income for the quarter was $0.8 million compared to $1.5 million during the prior year period. Net sales for the nine months ended March 31 were $305.0 million, compared to $311.1 million during the same period last year. Net income for the first three quarters was $3.9 million versus $3.5 million during the previous year.

Read more.

Have something to say? Share your thoughts with us in the comments below.