文章核心观点 - 增长型股票具有较高的波动性和风险,但也能带来超出市场平均水平的回报 [1][2][3] - 通过Zacks Growth Style Score等指标可以帮助投资者发现具有良好增长前景的股票 [3][4][5] - 本文推荐的Flexsteel Industries公司具有较强的增长特征,值得关注 [4][6] 公司概况 - Flexsteel Industries是一家家具制造商 [6] - 公司具有较高的资产使用效率,销售收入占资产的比重为1.45,高于行业平均水平1.22 [9][10] - 公司今年的销售收入预计增长4.6%,高于行业平均增长0% [11] 财务表现 - 公司历史每股收益增长率为47.3% [8] - 公司今年每股收益预计增长140.2%,远高于行业平均12.5% [8] - 过去一个月,公司当年每股收益预测值上调7.2% [13]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 ______________________________________ FORM 10-Q ______________________________________ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 or Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 0-5151 ______________________________________ FLEXSTEEL INDUSTRIES, ...

文章核心观点 - 增长型投资者关注那些财务增长超过行业平均水平的股票,因为这些股票能吸引市场关注并带来可观回报 [1] - 但寻找优质增长股并不容易,因为这些股票通常风险和波动性较高,如果增长故事已经结束或接近尾声,可能会导致巨大损失 [2] - 然而,Zacks增长风格评分可以帮助投资者找到真正具有增长前景的股票 [3] 公司概况 - 根据Zacks的分析,Flexsteel Industries是一家值得关注的增长股 [4] - 该公司不仅具有良好的增长评分,而且还获得了Zacks的买入评级 [4] - 研究表明,具有最佳增长特征的股票长期表现优于市场,如果同时具有A或B级增长评分和Zacks 1级(强烈买入)或2级(买入)评级,其回报会更高 [5] 公司增长亮点 盈利增长 - Flexsteel过去4年的每股收益(EPS)增长率为34% [8] - 预计今年EPS将增长140.2%,远高于行业平均9.9%的增长率 [8] 资产利用效率 - Flexsteel的销售收入与总资产比率(S/TA)为1.44,高于行业平均1.22,表明公司资产利用效率较高 [10] - 此外,公司今年的销售收入预计增长3.3%,也优于行业平均0%的增长水平 [11] 盈利预测修正 - 过去一个月,Flexsteel当年盈利预测值上调7.2% [13] - 这表明公司未来盈利前景向好 [12] 总结 - 综合上述因素,Flexsteel不仅获得了Zacks A级增长评分,还获得了Zacks 2级(买入)评级 [14] - 这表明该公司具有较强的增长潜力,是增长型投资者的不错选择 [15]

Flexsteel Industries (FLXS) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Individual invest ...

财务数据和关键指标变化 - 第三季度销售收入为1.072亿美元,同比增长8.2% [29] - 销售订单为1.115亿美元,同比增长12.3% [30] - 毛利率为21.7%,较上年同期的18.8%有所提升 [33] - 销售、一般及管理费用占销售收入的比重从16.7%下降至16.5% [34] - 经营利润率为2.8%,剔除重组费用后为5.2% [31][32] 各条业务线数据和关键指标变化 - 核心业务销售增长超过1% [49] - 新品类业务(Charisma、Flex、Zecliner等)贡献了超过7百万美元的销售增长 [49] - 软体家具(包括外购和自制)销售均实现两位数增长 [74] - 案头家具销售大幅下滑,但公司正在推出新的产品线以重塑该业务 [74] - 公司自有品牌Homestyles的电商销售同比下降两位数 [74] 各个市场数据和关键指标变化 - 公司在最近的High Point市场上,客户预约量同比增长29% [18] - 公司在High Point市场上推出了近40%更多的新产品 [19] - 公司已经激活了90%以上的新产品,获得了客户的积极反馈和订单承诺 [19] - 公司与大型零售商和电商平台的业务开发会议进展顺利,他们认可Flexsteel品牌 [24] 公司战略和发展方向及行业竞争 - 公司正在积极推进Charisma、Flex、Zecliner等新品类业务,以吸引年轻消费者 [20][21][22] - 公司正在大幅拓展案头家具业务,并提升产品质量以提高市场份额 [23] - 公司正在通过多渠道分销(传统零售、大型零售商、电商)来拓展销售 [51][52][53] - 公司相信未来各销售渠道的利润率将趋于一致 [53] - 公司有信心通过新产品组合管理、成本节约、定价纪律和销售规模效应来持续提升盈利能力 [25][55][57] - 公司在行业环境疲软的情况下仍能保持增长,显示其竞争力和市场份额提升 [16][17] 管理层对经营环境和未来前景的评论 - 尽管宏观经济挑战持续,但公司正专注执行战略举措,有信心在2024财年及未来保持盈利增长 [11] - 公司相信未来6-12个月行业环境仍将疲软,但有信心通过持续增加市场份额和拓展新市场来保持增长势头 [17] - 公司有信心在2025财年进一步提升毛利率至23%左右,并将销售费用率控制在15%-16%区间,实现8%的营业利润率 [64][66][67] - 公司将继续优化资本结构,在偿还债务和维持股息的同时,也会考虑进行有价值的并购 [58][59] 问答环节重要的提问和回答 问题1 **Anthony Lebiedzinski 提问** 询问公司核心业务和新业务的销售增长情况 [47][48] **Jerry Dittmer 和 Mike Ressler 回答** 核心业务增长超过1%,新业务(Charisma、Flex、Zecliner等)贡献了超过7百万美元的增长 [48][49] 问题2 **Budd Bugatch 提问** 询问公司毛利率和销售费用率的长期目标 [64][65] **Derek Schmidt 回答** 公司长期目标是实现23%的毛利率和15%-16%的销售费用率,从而达到8%的营业利润率 [66][67][70] 问题3 **Budd Bugatch 提问** 询问公司如何进一步降低销售费用率 [71][72] **Derek Schmidt 回答** 主要通过优化人员成本来降低销售费用率,这些措施已经在本年度内实施,将在2025财年体现效果 [70]

Flexsteel Industries (FLXS) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 19.64%. A quarter ago, it was expected that this furniture maker would post earnings of $0.57 per share when it actually produced earnings of $0.57, delivering no surprise. Over the last four quarters, the co ...

Flexsteel Industries, Inc. Reports Strong Fiscal Third Quarter 2024 Results: 8% Sales Growth, Improved Operating Margin, Continued Debt Reduction Dubuque, Iowa – April 29, 2024 – Flexsteel Industries, Inc. (NASDAQ: FLXS) (“Flexsteel” or the “Company”), one of the largest manufacturers, importers, and marketers of residential furniture products in the United States, today reported third quarter fiscal 2024 results. Key Results for the Third Quarter Ended March 31, 2024 • Strong sales growth of 8.2%. Net sale ...

股价表现 - Flexsteel Industries (FLXS)股价在最近一个交易日上涨了6.8%，收于41.31美元[1] - 预计该家家具制造商将在即将发布的季度报告中每股盈利0.56美元，同比增长100%[3] - 股价通常不会持续上涨，除非有盈利预期修订的趋势[5] 市场竞争 - 公司的市场营销努力和产品组合的竞争价格点引发了股价上涨[2] - 另一家同行业公司Hooker Furniture（HOFT）的预期每股收益在过去一个月内下降了41.6%至0.10美元[7] 公司评级 - Flexsteel目前持有Zacks Rank 3（持有）[6]

DUBUQUE, Iowa--(BUSINESS WIRE)--Flexsteel Industries, Inc. (NASDAQ:FLXS), announced its Board of Directors declared a quarterly dividend of $0.15 per share, payable April 4, 2024, to shareholders of record as of March 26, 2024. Flexsteel has paid cash dividends on its common stock each year since 1938. This is the 329th consecutive quarterly cash dividend. About Flexsteel Flexsteel Industries, Inc., and Subsidiaries (the “Company”) is one of the largest manufacturers, importers, and marketers of residential ...

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Flexsteel Industries (FLXS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. Flexsteel Industries is a member of the Consumer Discretionary sector. This group includes 292 individual stocks and c ...