Flexsteel Q1 Sales Rise 3.2%; Guides Q2 Operating Margin at 6.5%-7%
Flexsteel reported Q1 FY27 net sales of $114.0 million, up 3.2% year over year, and EPS of $1.24. GAAP operating margin was approximately 6%. The company expects Q2 sales growth of 1%-4%, or 3.5%-6.5% excluding the Homestyles exit.
Flexsteel reported Q1 FY27 net sales of $114.0M, up 3.2% YoY, GAAP operating margin ~6%, and EPS of $1.24. It expects Q2 sales growth of 1%-4% (3.5%-6.5% ex-Homestyles exit) and operating margin of 6.5%-7%.Material DetailsContext by AI AnalystThis is a mid-cycle update showing continued, though mod…