FLEXSTEEL INDUSTRIES INC
Close on Oct 19, 2026
- Market cap
- $412.92M
- P/E (TTM)
- 13.8
- Dividend yield
- 1.01%
About Flexsteel Industries
Household Furniture, SIC 2510
Flexsteel Industries, Inc. manufactures, imports, and markets residential furniture in the United States. Operating through a single segment, furniture products, the company provides home furnishings including stationary and motion sofas, loveseats, sectionals, bedroom furniture, dining sets, kitchen storage, and occasional tables. Flexsteel markets these offerings under its namesake brand and sub-brands including Zecliner, Statements, Zen, Perfect Match, and Pulse. It serves residential consumers nationwide through retail partners and online sales channels.
The company is headquartered in Dubuque, Iowa, and employs approximately 1,200 workers. Its domestic footprint includes owned distribution centers in Kansas and Indiana, alongside leased distribution, warehouse, and showroom spaces in Pennsylvania, Texas, North Carolina, and Nevada. Flexsteel leases four manufacturing facilities in Mexico totaling over one million square feet, with approximately 900 employees, and maintains overseas offices with about 30 personnel in China, Thailand, and Vietnam to manage quality control and supplier delivery.
Summary of the business section of Flexsteel Industries's latest annual report, written by StockData.
Company profile
Company
- Legal name
- FLEXSTEEL INDUSTRIES INC
- Headquarters
- Dubuque, IA
- Address
- 385 Bell St. 52001
- Phone
- (319) 556-7730
- Website
- flexsteel.com
- Employees
- 1,200, Jun 30, 2026
- Industry
- Household Furniture
- Incorporated in
- Minnesota
- Fiscal year ends
- June 30
- Auditor
- Deloitte & Touche LLP, Minneapolis, MN
Stock & identifiers
- Ticker
- FLXS
- Exchange
- Nasdaq
- Shares outstanding
- 4M, Aug 19, 2026
- Public float
- $193.38M, Dec 31, 2025
- Filer category
- Accelerated filer<br>Smaller reporting company
- Stock splits
- 3-for-2, Dec 8, 1987; 2-for-1, May 19, 1983
- SEC CIK
- 37472
- CUSIP
- 339382103
- ISIN
- US3393821034
- LEI
- 894500J5Y3ZZOOJXXN24
- EIN
- 42-0442319
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Derek P. Schmidt | President & CEO, Director | 241,371 |
| Stacy Marie Kammes | VP Talent, Customer Experience | 34,056 |
| Michael Joseph McClaflin | Chief Information Officer | 36,526 |
| Michael J. Ressler | CFO | 21,902 |
| David Edward Crimmins | Chief Growth Officer | 44,627 |
| Michael Scott Culbreth | Director | 10,055 |
| Jeanne McGovern | Director | 12,133 |
| Kathryn P. Dickson | Director | 26,274 |
| Terence P. Calloway | Director | 3,143 |
| Anand S. Kangala | Director | 321 |
| William S. Creekmuir | Director | 17,055 |
| Frank Brooks Bertsch | Director | 3,020 |
| Thomas M. Levine | Director | 34,525 |
| Jerald K. Dittmer | Director | 228,919 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr.Schmidt | $2.46M | $3.04M | $958.50K | $215 | – |
| FY2024 Mr.Schmidt | $3.02M | $3.30M | $1.17M | $182 | – |
| FY2023 Mr.Schmidt | $3.06M | $2.95M | $1.11M | $110 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“The Company had approximately 1,200 employees on June 30, 2026, including 6 employees who are covered by collective bargaining agreements.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Oct 2, 2014 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Aug 20, 2003 | Tender offer | Third-party tender offer for the company's shares |