Flexsteel Q4 EPS $2.58, Record Full-Year EPS $6.07; Guides Q1 Sales $111-115M
FLXS has more than doubled off its 52-week low of $34 on elevated volume (2.1× avg).
Summary
Flexsteel reported record full-year EPS of $6.07 and Q4 EPS of $2.58, with $62.6M in Q4 buybacks. Q1 guidance calls for 1-4% sales growth and 6.5-7% operating margin.
Key Events · Earnings and Guidance · FLXS
-
Record Full-Year EPS
GAAP diluted EPS of $6.07 for FY2026, up 71% from $3.55 in FY2025. Q4 GAAP diluted EPS was $2.58 vs $1.89 prior year.
-
Q1 FY2027 Guidance
Sales expected at $111-115M, growth of 1-4% YoY, with GAAP operating margin of 6.5-7%.
-
Massive Share Repurchases
Repurchased $62.6M of stock in Q4 and approximately $64M for the full year, reducing diluted share count to 4.93M from 5.68M.
-
Tariff Refund Boost
Recognized $9.0M in IEEPA tariff refunds in Q4, contributing 780 bps to gross margin; adjusted operating income was $8.2M vs $10.3M prior year.
Analysis · FLXS · Manufacturing
Flexsteel delivered record full-year diluted EPS of $6.07, up 71% from $3.55, driven by a 9.3% GAAP operating margin and a $9.0M tariff refund. Q4 adjusted operating income declined to $8.2M from $10.3M, but the company generated $24.3M in operating cash flow and repurchased $62.6M of stock in the quarter. Management guided Q1 FY2027 sales to $111-115M with 6.5-7% operating margin, reflecting continued demand pressure from weak consumer confidence and inflation.
At the time of this filing, FLXS was trading at $77.13 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $379.5M. The 52-week trading range was $34.00 to $79.70. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.