Flexsteel Industries, Inc. (FLXS): A Bull Case Theory

We came across a bullish thesis on Flexsteel Industries, Inc. (FLXS) on Twitter by AlphaSenseInc. In this article, we will summarize the bulls’ thesis on FLXS. Flexsteel Industries, Inc. (FLXS)'s share was trading at $31.93 as of April 21^st. FLXS’s trailing and forward P/E were 8.92 and 8.92 respectively according to Yahoo Finance.

Flexsteel Industries delivered another solid performance, with net sales rising 6.3% year-over-year to $114.0 million, marking the sixth consecutive quarter of growth. This momentum was driven by a combination of new product introductions, share gains...