Net Sales

Flexsteel Industries (FLXS) reported strong first quarter fiscal 2026 results, with net sales up 6.2% to $110.4 million and GAAP net income per diluted share increasing to $1.31. The company attributed the growth to effective product offerings and strategic investments. CEO Derek Schmidt acknowledged ongoing challenges, including tariffs on imported timber which are projected to impact sales and profitability short-term. The company ended the quarter with a strong liquidity position, including $38.6 million in cash. A conference call to discuss the results will be held on October 21, 2025.

Duluth Trading Company reported Q1 2025 results, with net sales of $102.7 million and a net loss of $15.3 million. New leadership is focused on streamlining operations and optimizing costs. Initiatives include brand focus and product portfolio review. The company reaffirms its 2025 financial guidance.

Campbell’s Q3 net sales rose 4% to $2.5 billion, with organic growth of 1%. Adjusted EBIT increased 2% to $362 million, while adjusted EPS decreased 3% to $0.73. The company maintained its fiscal year 2025 guidance, anticipating adjusted EPS at the lower end of the range. They also returned $403 million to shareholders.