Flexsteel sales, earnings drop

May 2008
Furniture/Today;5/5/2008, Vol. 32 Issue 34, p30
Trade Publication
The article reports on the sales decline of Flexsteel Industries Inc., the upholstery manufacturer in Iowa, in the third quarter of 2008. It states that the company's furniture sales for the quarter ended in March 31, 2008 were $60.9 million, an increase of 2.5% from 2007. However, the total sales in the third quarter had decreased to $98.1 million due to the company's recreational vehicle and commercial seating businesses weakness.


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