Flexsteel posted Q3 adjusted EPS of $1.14, beating the $0.89 consensus by $0.25.
Revenue $115.1M missed estimate $118.2M but rose 1% YoY, driven by higher pricing from tariff surcharges.
Operating income turned positive $8.2M (7.1% margin) versus prior-year loss, gross margin up 40 bps to 22.6%.
CEO Derek Schmidt said demand softened due to Middle East conflict; Q4 sales expected flat, margins similar; cash $57.3M, working capital $142.2M.