Flexsteel makes sofas, recliners, and dining furniture for homes and offices, selling through dealers and its own website. Think of it as a 130-year-old furniture maker with a direct-to-consumer sideline.
Money comes from selling furniture, with gross margins around 23% and net margins near 7% (TTM). Revenue is recurring only as repeat purchases, not subscriptions, and the business is cyclical with housing and consumer spending.
Brand heritage since 1893 and dealer relationships provide some stickiness, but low-cost imports from Ashley Furniture and La-Z-Boy's scale pressure pricing. The moat is eroding as e-commerce and overseas competition weaken its traditional distribution advanta
Key events, in time order
Two closely watched US indicators are due today, offering a same-day read on factory activity and homebuilder sentiment.
Two closely watched US indicators are due today, offering a same-day read on factory activity and homebuilder sentiment.
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Flexsteel Industries is mentioned as a stock to watch for the upcoming week, alongside other companies, in market event and earnings calendars. The discussion is observational, listing potential stocks of interest.
Main discussion
THIS WEEK'S KEY MARKET EVENTS! 🥳 $WMT $ADI $BABA $TGT $HD $BIDU $BILL $HTHT $KLAR $TJX $LOW $ROST $AAP $AUNA $EL $DE $KEYS $BJ $YMM $NTES $SQM $ZTO $FUTU $AS $ATHM $BULL $BEKE $COTY $FLO $FN $FUFU $ZIM $WB $XP $PRE $VIK $JKHY $KC $FLXS $NSPR $VNET $LZB https://t.co/MjZYSPTg2l
LET'S PREP FOR THE COMING WEEK! 🫡 $WMT $ADI $BABA $TGT $HD $BIDU $BILL $HTHT $KLAR $TJX $LOW $ROST $AAP $AUNA $EL $DE $KEYS $BJ $YMM $NTES $SQM $ZTO $FUTU $AS $ATHM $BULL $BEKE $COTY $FLO $FN $FUFU $ZIM $WB $XP $PRE $VIK $JKHY $KC $FLXS $NSPR $VNET $LZB https://t.co/N7BwhnP68f
Earnings Week: http://TradingTerminal.com/calendar via @BearBullTraders $WMT $BABA $BULL $TGT $HD $BIDU $LOW $TOYO $SCSC $LZB $DQ $DVLT $HSAI $IQ $JBSS $LYTS $ROST $AAP $AUNA $EL $DE $KEYS $BJ $YMM $NTES $SQM $ZTO $FUTU $AS $ATHM $BEKE $COTY $FLO $FN $FUFU $ZIM $WB $XP $PRE $VIK
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