Flexsteel Industries, Inc. (NASDAQ:FLXS) Q1 2024 Earnings Call Transcript

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John Deysher: All right, I’ve got that. But inventory was pretty steady, looking at it over the last four quarters or so, between $110 million and $122 million and your availability was up always above $40 million. So it’s not clear to me, I mean, the inventory has been about the same, it’s not dropped significantly. So what — why is the availability down so low?

Derek Schmidt: I’ll have to look at the specific periods and get back to you, which I’m glad to do.

John Deysher: Okay, that would be helpful. Thank you.

Derek Schmidt: Okay.

Operator: This concludes our question-and-answer session. I would like to turn the conference back over to Jerry Dittmer for closing remarks.

Jerry Dittmer: In closing, I would like to thank all of our Flexsteel employees for their dedication and outstanding performance during the quarter. Thanks to all of you for participating in today’s call. Please contact us if you have any additional questions. And we look forward to updating you on our next call. Everybody, have a great day. Thanks.

Operator: The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.

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