Flexsteel Industries shares surge 23.81% after-hours on improved analyst sentiment and #1 Zacks Rank.

Flexsteel Industries surged 23.81% in after-hours trading following a Zacks Investment Research report highlighting its outperformance against Consumer Discretionary peers. The report noted a 15.5% upward revision in FLXS’s full-year earnings estimates and a Zacks Rank of #1 (Strong Buy), contrasting with the sector’s 5.4% average decline. The Furniture industry, where FLXS ranks #93 in the Zacks Industry Rank, has gained 14.7% year-to-date, further underscoring the stock’s relative strength. These positive fundamentals likely drove the sharp post-market rally, as investors reacted to the improved earnings outlook and strong sector positioning.