FLEXSTEEL INDUSTRIES INC

Flexsteel Industries, Inc. is one of the largest manufacturers, importers, and marketers of residential furniture products in the United States. The company offers a wide variety of furniture, including sofas, loveseats, chairs, reclining rocking chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs, kitchen storage, bedroom furniture, and outdoor furniture. A unique steel drop-in seat spring, from which the name "Flexsteel" is derived, is a featured component in most of its upholstered furniture. Flexsteel distributes its products throughout the United States via its e-commerce channel and direct sales force. The company operates in one reportable segment: furniture products, which involves the distribution of both manufactured and imported products for the residential market. During the fiscal year ended June 30, 2025, Flexsteel operated manufacturing facilities in Juarez, Mexico. This operation supports smaller, more frequent product runs and a wider selection. The company also sources selected component parts and finished products from offshore suppliers to enhance value and meet quality and scheduling requirements. This blended strategy allows Flexsteel to offer a wide range of price points, styles, and product categories.