Flexsteel Industries Inc's Business Segments
Flexsteel Industries Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
API endpoints for this dataset
Revenue Share by Reportable Segment -
- Flexsteel Brand98.8%
- Homestyles Brand1.2%
Revenue by Reportable Segment -
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Flexsteel Brand | $ 113 | 98.8% |
| Homestyles Brand | $ 1 | 1.2% |
Revenue by Product & Service Category -
- Flexsteel Brand98.8%
- Homestyles Brand1.2%
Revenue by Product & Service Category -
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Flexsteel Brand | $ 113 | 98.8% |
| Homestyles Brand | $ 1 | 1.2% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Annual Results
Revenue Share by Reportable Segment -
- Flexsteel Brand98.8%
- Homestyles Brand1.2%
Revenue by Reportable Segment -
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Flexsteel Brand | $ 113 | 98.8% |
| Homestyles Brand | $ 1 | 1.2% |
Description of Flexsteel Industries Inc
Flexsteel Industries, Inc. and Subsidiaries was incorporated in 1929 and is one of the oldest and largest manufacturer, importer and marketer of residential and commercial upholstered and wood furniture products in the United States. Product offerings include a wide variety of upholstered and wood furniture such as sofas, loveseats, chairs, reclining and rocker-reclining chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs and bedroom furniture. The Company’s products are intended for use in home, office, hotel, healthcare and other commercial applications. A featured component in most of the upholstered furniture is a unique steel drop-in seat spring from which our name “Flexsteel” is derived. The Company distributes its products throughout the United States through the Company’s sales force and various independent representatives.
We operate manufacturing facilities that are located in Arkansas, California,
Georgia, Iowa, Mississippi and Juarez, Mexico. These manufacturing operations
are integral to our product offerings and distribution strategy by offering
smaller and more frequent product runs of a wider product selection. We identify
and eliminate manufacturing inefficiencies and adjust manufacturing schedules
on a daily basis to meet customer requirements. We have established relationships
with key suppliers to ensure prompt delivery of quality component parts. Our
production includes the use of selected offshore component parts to enhance
our value in the marketplace.
We integrate our manufactured products with finished products acquired from
offshore suppliers who can meet our quality specification and scheduling requirements.
We will continue to pursue and refine this blended strategy, offering customers
manufactured goods, products manufactured utilizing imported component parts,
and ready-to-deliver imported products. This blended focus on products allows
the Company to provide a wide range of price points, styles and product categories
to satisfy customer requirements.
The Company operates in one reportable segment, furniture products. Our furniture products business involves the distribution of manufactured and imported products consisting of a broad line of upholstered and wooden furniture for residential and commercial markets.