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Flexsteel Industries Inc. reports its sales of seating products to the RV industry increased 12.4% during the second quarter of its fiscal year 2004, which ended on Dec. 31.
The company’s RV seating sales revenue during the October-through-December period amounted to $20 million, or 18% of its total sales of $109.1 million for the quarter.
During the six months ended Dec. 31, Flexsteel’s RV seating sales increased 7.6% to $40.4 million, which accounted for 22% of the company’s total sales of $186 million in the period.
In addition to RV seating, Flexsteel also makes residential and office seating products.
The Dubuque, Iowa-based company’s net income increased 36% in its second fiscal quarter to $3.0 million and its net earnings in the first half of fiscal 2004 improved by 15% to $4.9 million.