Yes, but it depends on what type of furniture you have and the amount of flood damage it received. The higher the quality, like solid wood or other porous furniture, has a better chance of returning to its pre-disaster condition than less expensive, upholstered or particleboard pieces. And for health reasons, do not salvage anything if its been soaked in sewage.
Try removing excess moisture by leaving it out in direct sunlight for 1-2 days. Avoid using hairdryers or blowers because the wood can break from drying too quickly.