Flexsteel (NASDAQ: FLXS) director to sell 16,000 bonus shares

Flexsteel Industries (FLXS) aims for $750M revenue, targeting mid-market with quality, durability. 95% sales via independent retailers, including Amazon, Wayfair. Hybrid supply chain: 2/3 Asia, 1/3 Mexico. Q4 2026 adjusted EPS $4.94, margins improved to 7.5%. Q1 2027 guidance: 1-4% sales growth, 6.5-7% margin. Tariffs, inflation cited as headwinds.

Flexsteel Industries (NASDAQ:FLXS) reported Q4 pricing up about 10% to 11% year over year, with unit volumes declining but not enough to offset pricing. It plans to exit the Homestyles ready-to-assemble category, which contributed about $12M in fiscal 2026 sales. Q1 FY2027 net sales are forecast at $111M to $115M and operating margin at 6.5% to 7%.

FLEXSTEEL INDUSTRIES INC (FLXS) filed an SEC Form 8-K — Results of Operations and Financial Condition. Flexsteel Industries, Inc. Reports Fourth Quarter and Fiscal Year 2026 Results; Continued Net Sales Growth and Record Diluted Earnings Per Share Dubuque, Iowa – August 17, 2026 – Flexsteel Industries, Inc. (NASDAQ: FLXS) (“Flexsteel” or the “Company”), one of the largest manufact

BTIG raised its price target for Adeptus Biotechnologies (ADPT) to $34 from $25, citing updated cancer guidelines that feature its clonoSEQ assay. The stock has gained 109% over the past year. Adaptive Biotechnologies reported Q2 revenue of $71.6M, up 22% YoY, but missed earnings estimates. Guggenheim and BTIG also raised their price targets for Adaptive Biotechnologies.

Lockheed Martin (LMT) secured a $1.2B contract from the US Army for the Increment 2 variant of the Precision Strike Missile (PrSM). The contract follows a successful flight test and comes as Lockheed increases production capacity to 550 missiles annually, per the company.

Wabtec (NYSE: WAB) signed a $700M+ services agreement with La Compagnie du TransGuinéen (CTG) for locomotive fleet support in Guinea's Simandou mining project. The total value exceeds $1.2B, including 2024 locomotive orders. The deal covers maintenance, training, and localization efforts, aiming to boost railway efficiency and economic growth in Guinea.