UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    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) February 7, 2007
                                                         ----------------

                           FLEXSTEEL INDUSTRIES, INC.
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             (Exact name of registrant as specified in its charter)

       Minnesota                    0-5151                      42-0442319
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(State or other jurisdiction     (Commission                   (IRS Employer
      of incorporation)           File Number)               Identification No.)

            3400 Jackson Street, Dubuque, Iowa               52001
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          (Address of principal executive offices)         (Zip Code)

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

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         (Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

   [ ] Written communications pursuant to Rule 425 under the Securities Act
       (17 CFR 230.425)

   [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
       (17 CFR 240.14a-12)

   [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
       Exchange Act (17 CFR 240.14d-2(b))

   [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
       Exchange Act (17 CFR 240.13e-4(c))

Item 2.02     Results of Operations and Financial Condition.

         On February 7, 2007, Flexsteel Industries, Inc. Announces Second
         Quarter and Year-To-Date Operating Results.  See the Press Release
         attached hereto as Exhibit 99.1 and incorporated herein by reference.

Item 9.01     Financial Statements and Exhibits.

        Exhibit 99.1 - Press Release by Flexsteel Industries, Inc. on
                       February 7, 2007.

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:   February 8, 2007        By:           /s/ Timothy E. Hall
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                                      Timothy E. Hall
                                      Vice President-Finance, CFO, and Secretary
                                      Principal Financial Officer