DUBUQUE, Iowa - After announcing it would leave Iowa last year, Flexsteel Industries Inc., one of the nation's leading upholstery and furniture manufacturers, has changed its mind. The change comes ...
The Zacks Furniture industry is facing challenges due to economic uncertainty and declining consumer confidence. Reduced home-related spending, influenced by higher mortgage rates and housing ...
Flexsteel Industries has been struggling with lower profit margins and has not kept pace with overall market growth in the furniture industry. The furniture industry experienced a tough year in 2023, ...
DUBLIN, Ga. — Editors Note: This story said roughly 330 people were employed at Flexsteel, which was what the Laurens County Development Authority had on its website. However, they now say that the ...
Flexsteel Industries said today it will stop making furniture at its Pitney Road plant, idling 110 workers. The shutdown will take effect Nov. 9, ending 53 years of furniture manufacturing here by the ...
Flexsteel Industries plans to close a 120-year-old plant in Dubuque in December 2017 and has not decided where it will construct a replacement factory. The Dubuque-based furniture manufacturer cited ...
Chicago, IL – April 7, 2025 – Today, Zacks Equity Research discusses Flexsteel Industries, Inc. FLXS and Bassett Furniture Industries, Inc. BSET. The Zacks Furniture industry comprises manufacturers, ...
The Zacks Furniture industry is facing significant headwinds, with stubborn inflation continuing to weaken household purchasing power and dampen demand for discretionary items. Consumers are showing ...
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