MARKET COMPOSITE
BSET - Bassett Furniture Industries Inc.8:00:00 PM 3/28/2024
Price
$14.76
-0.33 (-2.19%)
Bassett Furniture Industries is a furniture manufacturer and retailer, headquartered in Bassett, Virginia, United States. It was founded in 1902, by John D. Bassett, Charles C. Bassett, Samuel H. Bassett, and Reed L. Stone. Bassett Furniture is one of the oldest furniture manufacturers in Virginia. Bassett operates approximately 60 retail locations in the United States and Puerto Rico, and licenses its retail brand to about 40 additional locations.
Financials
Quarterly financials
(USD)Nov 2023Q/Q
Revenue94.7MM+9%
Gross Profit51.4MM+14%
Cost Of Revenue43.3MM+3%
Operating Income-4.5MM+19%
Operating Expenses55.9MM-
Net Income-4.1MM+58%
G&A50.5MM+3%
Amortization15K+7%
Stock Chart

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Stock news

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    BASSETT, Va., March 07, 2024 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has declared a regular quarterly dividend of $0.18 per share of common stock, payable on May 31, 2024, to shareholders of record at the close of business on May 17, 2024. About Bassett Furniture Industries, Inc.Bassett Furniture Industries, Inc. (NASDAQ:BSET), is a leading manufacturer and marketer of high quality home furnishings. With 89 company- and li

    Bassett (BSET) delivered earnings and revenue surprises of 350% and 4.52%, respectively, for the quarter ended November 2023. Do the numbers hold clues to what lies ahead for the stock?

    Net Sales Decline and Goodwill Impairment Impact Earnings

    BASSETT, Va., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today its results of operations for its fourth quarter ended November 25, 2023. Fiscal 2023 Fourth Quarter Highlights (Dollars in millions) Sales Operating Income (Loss) 4th Qtr Dollar% 4th Qtr% of 4th Qtr% of 2023 2022 ChangeChange 2023 Sales 2022 SalesConsolidated (1)$94.7$121.0 $(26.3)-21.7% $(4.5)-4.8% $6.7 5.5% Wholesale$60.6$74.6 $(14.0)-18.8% $8.4 13.9% $10.3 13.8% Retail$57.9$74.5

    In this article, we will take a look at the 25 highest quality furniture brands in the world. If you want to skip our detailed analysis, you can go directly to the 5 Highest Quality Furniture Brands in the World. According to a report by Grandview Research, the global furniture market was valued at $677.09 billion […]

    BASSETT, Va., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has declared a regular quarterly dividend of $0.18 per share of common stock, payable on November 24, 2023, to shareholders of record at the close of business on November 10, 2023. About Bassett Furniture Industries, Inc.Bassett Furniture Industries, Inc. (NASDAQ:BSET), is a leading manufacturer and marketer of high quality home furnishings. With 89 compan

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