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Home > Company Index > Consumer Products-Durables  > Home Furnishings > Flexsteel Industries, Inc.

Flexsteel Industries, Inc.
Nasdaq: FLXS
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 NEWS FROM THE WIRES
Flexsteel warns of lower-than-expected Q4 results
Jul 17 2001 05:23 PM PDT

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 PROFILE
Flexsteel Industries' furniture springs eternal. The company makes wood and upholstered seating for the home, office, and recreational vehicle markets. Most of Flexsteel's products -- which include recliners, swivel rockers, sofas, and sofa beds -- incorporate a unique unitized spring for which the company is named. Flexsteel distributes its products throughout the US to furniture dealers, department stores, recreational vehicle manufacturers, and hospitality and health care customers. Independent dealers operate more than 250 Flexsteel Galleries and Comfort Seating Showrooms. About 60% of its sales come from residential furniture, and about a third comes from motor homes, travel trailers, and van conversions.

 COMPETITION
Furniture Brands International, Inc. (FBN)
La-Z-Boy Incorporated (LZB)
LifeStyle Furnishings International Ltd. (dossier)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 286.90
1-Yr. Sales Growth: 10.1%
Employees: 2,600
Revenue per employee: $110,346.15

 KEY PEOPLE
• K. Bruce Lauritsen
    CEO
• Ronald J. Klosterman
    CFO

 CONTACT INFO
3400 Jackson St.
Dubuque, IA 52001
US
Phone: 319-556-7730
Fax: 319-556-8345
Online: Web Site

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