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Seating and interior furnishings supplier Flexsteel Industries Inc. reports its sales to RV industry customers increased 19% during the three months ended June 30 to $19.6 million.
During the Dubuque, Iowa-based firm’s entire fiscal year 2002, which ended June 30, its sales to RV customers increased 2% to $67.9 million.
Flexsteel’s total sales during the April-through-June period increased 12% to $76.9 million and its net income increased almost 1,500% to $2.7 million, compared with $174,242 a year earlier.
During its full fiscal year 2002, Flexsteel’s total sales declined 2% to $279.7 million although its net income increased 23% to a total of $5.7 million.