Flexsteel Industries (NASDAQ:FLXS) produces and markets a wide range of furniture items to residences, hotels and office buildings. The company's current market value is $176 million. This article will take a look at the company's current business and potential catalysts for future growth.
Flexsteel Industries has been around since 1929 and it sells a variety of furniture items including sofas, love-seats, 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 manufactures most of its goods in Asia and imports them in the US in order to sell them. It also outsources some of the manufacturing to local suppliers who are able...
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