FORM 8-K

                                 CURRENT REPORT

     PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

         Date of Report (date of earliest event reported) August 7, 2003

             (Exact name of registrant as specified in its charter)

                           Flexsteel Industries, Inc.
                          -----------------------------

    (State or other jurisdiction    (Commission               (IRS Employer
          of incorporation)        File Number)            Identification No.)

              Minnesota               0-5151                   42-0442319


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         Registrant's telephone number, including area code 563-556-7730


         Item 5.    Other Events

         On August 7, 2003, Flexsteel Industries, Inc. Announces Fourth Quarter
and Fiscal 2003 Operating Results.  See the Press Release attached hereto and
incorporated herein for further information.

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                 Flexsteel Industries, Inc.
                                 --------------------------
                                       (Registrant)



Date:    August 8, 2003          By:  /s/  R.J. Klosterman
                                 --------------------------
                                      R. J. Klosterman
                                 Financial Vice President &
                                 Principal Financial Officer