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Consumer Cyclical - Furnishings, Fixtures & Appliances - NASDAQ - US
$ 14.61
-2.4 %
$ 129 M
Market Cap
-7.49
P/E
1. INTRINSIC VALUE

Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. It operates through three segments: Wholesale, Retail –company-owned Stores, and Logistical Services. The company engages in the design, manufacture, sourcing, sale, and distribution of furniture products to a network of company-owned retail stores and licensee-owned stores, and independent furniture retailers; and wood and upholstery operations. As of November 27, 2021, it operated a network of 63 company-owned stores and 34 licensee-owned stores. It also provides shipping, and warehousing services to customers in the furniture industry. In addition, the company owns and leases retail store properties; and distributes its products through other multi-line furniture stores, Bassett galleries or design centers, mass merchants, and specialty stores, as well as sells its products online.[ Read More ]

The intrinsic value of one BSET stock under the base case scenario is HIDDEN Compared to the current market price of 14.6 USD, Bassett Furniture Industries, Incorporated is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart BSET

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FINANCIALS
390 M REVENUE
-19.66%
-536 K OPERATING INCOME
-2.09%
-3.17 M NET INCOME
-4.85%
18.7 M OPERATING CASH FLOW
730.44%
-17.8 M INVESTING CASH FLOW
-26.98%
-10.2 M FINANCING CASH FLOW
71.24%
75.6 M REVENUE
-9.34%
-6.36 M OPERATING INCOME
-115.71%
-4.5 M NET INCOME
37.44%
-404 K OPERATING CASH FLOW
-6.94%
-1.56 M INVESTING CASH FLOW
9.13%
-2.36 M FINANCING CASH FLOW
-14.60%
Balance Sheet Decomposition Bassett Furniture Industries, Incorporated
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Current Assets 158 M
Cash & Short-Term Investments 70.2 M
Receivables 16.3 M
Other Current Assets 71.5 M
Non-Current Assets 212 M
Long-Term Investments 0
PP&E 185 M
Other Non-Current Assets 27.6 M
Current Liabilities 77.9 M
Accounts Payable 16.3 M
Short-Term Debt 19.1 M
Other Current Liabilities 42.5 M
Non-Current Liabilities 109 M
Long-Term Debt 97.4 M
Other Non-Current Liabilities 11.7 M
EFFICIENCY
Earnings Waterfall Bassett Furniture Industries, Incorporated
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Revenue 390 M
Cost Of Revenue 184 M
Gross Profit 206 M
Operating Expenses 210 M
Operating Income -536 K
Other Expenses 2.64 M
Net Income -3.17 M
RATIOS
52.93% GROSS MARGIN
52.93%
-0.14% OPERATING MARGIN
-0.14%
-0.81% NET MARGIN
-0.81%
-1.73% ROE
-1.73%
-0.86% ROA
-0.86%
-0.37% ROIC
-0.37%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Bassett Furniture Industries, Incorporated
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Net Income -3.17 M
Depreciation & Amortization 10.1 M
Capital Expenditures -17.5 M
Stock-Based Compensation 0
Change in Working Capital -135 K
Others -1.86 M
Free Cash Flow 1.24 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Bassett Furniture Industries, Incorporated
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BSET has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
1.42% DIVIDEND YIELD
0.2 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Bassett Furniture Industries, Incorporated
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
76.9 K USD 3
3-6 MONTHS
14.7 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
3 months ago
Aug 14, 2024
Bought 9.29 K USD
SPILMAN ROBERT H JR
Chairman & CEO
+ 723
12.85 USD
3 months ago
Aug 13, 2024
Bought 12.4 K USD
SPILMAN ROBERT H JR
Chairman & CEO
+ 977
12.6567 USD
3 months ago
Aug 12, 2024
Bought 48.9 K USD
BELK JOHN R
Director
+ 3847
12.7 USD
3 months ago
Aug 07, 2024
Bought 6.42 K USD
Daniel John Michael
SVP, Chief Fin./Admin. Officer
+ 500
12.85 USD
7 months ago
Apr 04, 2024
Bought 14.7 K USD
MCDOWELL JOHN WALTER
Director
+ 1000
14.667 USD
1 year ago
Apr 28, 2023
Bought 14.7 K USD
SPILMAN ROBERT H JR
Chairman & CEO
+ 1019
14.4254 USD
1 year ago
Apr 25, 2023
Bought 7.12 K USD
Daniel John Michael
SVP, Chief Fin./Admin. Officer
+ 500
14.25 USD
2 years ago
Oct 12, 2022
Bought 89.9 K USD
WARDEN WILLIAM C JR
Director
+ 5000
17.9721 USD
2 years ago
Oct 07, 2022
Bought 77.9 K USD
SPILMAN ROBERT H JR
Chairman & CEO
+ 5000
15.58 USD
2 years ago
Feb 22, 2022
Bought 80.9 K USD
WARDEN WILLIAM C JR
Director
+ 5000
16.1718 USD
2 years ago
Feb 22, 2022
Bought 80.8 K USD
WARDEN WILLIAM C JR
Director
+ 5000
16.1635 USD
3 years ago
Apr 19, 2021
Sell 70.7 K USD
Baker David C
SVP, Chief Retail Officer
- 2750
25.7187 USD
4 years ago
Oct 28, 2020
Bought 14.6 K USD
SPILMAN ROBERT H JR
Chairman & CEO
+ 1000
14.56 USD
4 years ago
Aug 18, 2020
Bought 25.1 K USD
Hamlet Virginia W.
Director
+ 2593
9.6921 USD
4 years ago
Aug 14, 2020
Bought 27.6 K USD
WARDEN WILLIAM C JR
Director
+ 3000
9.1929 USD
4 years ago
Aug 12, 2020
Bought 25.1 K USD
Wampler William C Jr
Director
+ 2750
9.1309 USD
4 years ago
Jul 27, 2020
Bought 38 K USD
SPILMAN ROBERT H JR
Chairman & CEO
+ 5000
7.5967 USD
4 years ago
Jul 13, 2020
Bought 35.6 K USD
SPILMAN ROBERT H JR
Chairman & CEO
+ 5000
7.12 USD
4 years ago
May 15, 2020
Bought 5.1 USD
SPILMAN ROBERT H JR
Chairman & CEO
+ 1
5.1 USD
4 years ago
May 15, 2020
Bought 16.5 K USD
BASSETT JOHN E III
SVP, Chief Operations Officer
+ 3148
5.231 USD
4 years ago
Apr 16, 2020
Bought 27.4 K USD
SPILMAN ROBERT H JR
Chairman & CEO
+ 5000
5.47 USD
4 years ago
Apr 15, 2020
Bought 178 K USD
SPILMAN ROBERT H JR
Chairman & CEO
+ 30000
5.95 USD
4 years ago
Apr 13, 2020
Bought 22.2 K USD
SPILMAN ROBERT H JR
Chairman & CEO
+ 4000
5.56 USD
4 years ago
Apr 09, 2020
Bought 20 K USD
SPILMAN ROBERT H JR
Chairman & CEO
+ 4000
4.99 USD
4 years ago
Apr 09, 2020
Bought 25.2 K USD
WARDEN WILLIAM C JR
Director
+ 5000
5.0343 USD
4 years ago
Apr 03, 2020
Bought 22.4 K USD
BELK JOHN R
Director
+ 5000
4.47 USD
4 years ago
Feb 28, 2020
Bought 19.8 K USD
SPILMAN ROBERT H JR
Chairman & CEO
+ 2000
9.9104 USD
4 years ago
Feb 28, 2020
Bought 4.95 K USD
Daniel John Michael
SVP, Chief Fin./Admin. Officer
+ 500
9.9 USD
4 years ago
Feb 27, 2020
Bought 101 K USD
WARDEN WILLIAM C JR
Director
+ 10000
10.07 USD
4 years ago
Feb 25, 2020
Bought 89.6 K USD
SPILMAN ROBERT H JR
Chairman & CEO
+ 8890
10.0747 USD
5 years ago
Aug 15, 2019
Bought 23.8 K USD
SPILMAN ROBERT H JR
Chairman & CEO
+ 2000
11.9 USD
5 years ago
Apr 17, 2019
Bought 8.82 K USD
SPILMAN ROBERT H JR
Chairman & CEO
+ 519
16.99 USD
5 years ago
Apr 10, 2019
Sell 15.6 K USD
JORDAN MARK S
SVP, Upholstery
- 910
17.17 USD
5 years ago
Apr 05, 2019
Bought 85.5 K USD
WARDEN WILLIAM C JR
Director
+ 5000
17.1004 USD
5 years ago
Jan 29, 2019
Sell 59 K USD
JORDAN MARK S
SVP, Upholstery
- 3100
19.0268 USD
6 years ago
Oct 12, 2018
Bought 245 K USD
BELK JOHN R
Director
+ 11694
20.99 USD
6 years ago
Oct 04, 2018
Bought 69.4 K USD
BELK JOHN R
Director
+ 3306
20.99 USD
6 years ago
Apr 11, 2018
Sell 2.95 K USD
BASSETT JOHN E III
SVP, Wood
- 100
29.5 USD
6 years ago
Apr 12, 2018
Sell 41.3 K USD
BASSETT JOHN E III
SVP, Wood
- 1400
29.5 USD
6 years ago
Apr 03, 2018
Sell 102 K USD
JORDAN MARK S
SVP, Upholstery
- 3400
30.0594 USD
6 years ago
Feb 16, 2018
Sell 17 K USD
HERVEY JAY R
Vice Pres Sec & Gen Counsel
- 500
34.05 USD
7 years ago
Nov 16, 2017
Sell 25.5 K USD
HERVEY JAY R
Vice Pres Sec & Gen Counsel
- 650
39.1873 USD
7 years ago
Oct 20, 2017
Sell 80.5 K USD
BASSETT JOHN E III
Senior Vice President, Wood
- 2000
40.25 USD
7 years ago
Sep 29, 2017
Sell 49.3 K USD
Cohenour Bruce
SR VP, SALES & MERCHANDISING
- 1298
38.0081 USD
7 years ago
Oct 02, 2017
Sell 332 K USD
Cohenour Bruce
SR VP, SALES & MERCHANDISING
- 8602
38.5755 USD
7 years ago
Aug 01, 2017
Sell 1.26 K USD
HERVEY JAY R
Vice Pres Sec & Gen Counsel
- 32
39.5 USD
7 years ago
Aug 02, 2017
Sell 22.3 K USD
HERVEY JAY R
Vice Pres Sec & Gen Counsel
- 568
39.3 USD
7 years ago
Jul 14, 2017
Sell 28.6 K USD
CASHMAN KRISTINA K
Director
- 750
38.0833 USD
7 years ago
Jul 13, 2017
Sell 24.2 K USD
HERVEY JAY R
Vice Pres Sec & Gen Counsel
- 625
38.655 USD
7 years ago
Jul 06, 2017
Sell 201 K USD
SPILMAN ROBERT H JR
Chairman & CEO
- 5000
40.1553 USD
7 years ago
Jul 06, 2017
Sell 59.2 K USD
JORDAN MARK S
SVP, Upholstery
- 1500
39.5 USD
7 years ago
Jul 06, 2017
Sell 124 K USD
BASSETT JOHN E III
Senior Vice President, Wood
- 3102
40 USD
7 years ago
Jul 05, 2017
Sell 1.12 K USD
BASSETT JOHN E III
Senior Vice President, Wood
- 28
40 USD
7 years ago
Feb 21, 2017
Sell 161 K USD
Baker David C
SVP, Corporate Retail
- 6091
26.4043 USD
7 years ago
Jan 27, 2017
Sell 10.9 K USD
Baker David C
SVP, Corporate Retail
- 369
29.5271 USD
7 years ago
Jan 25, 2017
Sell 122 K USD
Baker David C
SVP, Corporate Retail
- 4000
30.4291 USD
8 years ago
Oct 28, 2016
Bought 117 K USD
WARDEN WILLIAM C JR
Director
+ 5000
23.43 USD
8 years ago
Aug 15, 2016
Sell 89.1 K USD
CASHMAN KRISTINA K
Director
- 3500
25.4459 USD
8 years ago
Jul 01, 2016
Bought 9.82 K USD
Baker David C
SVP, Corporate Retail
+ 410
23.95 USD
8 years ago
Jun 30, 2016
Bought 14.4 K USD
FULTON PAUL
Chairman Emeritus
+ 600
23.95 USD
8 years ago
Jun 30, 2016
Bought 33.6 K USD
FULTON PAUL
Chairman Emeritus
+ 1400
23.967 USD
8 years ago
Jun 30, 2016
Bought 94.6 K USD
SPILMAN ROBERT H JR
Chairman & CEO
+ 4000
23.6378 USD
8 years ago
May 05, 2016
Sell 50.3 K USD
BASSETT JOHN E III
Senior Vice President, Wood
- 1700
29.6 USD
8 years ago
Apr 26, 2016
Sell 182 K USD
Daniel John Michael
SVP, Chief Financial Officer
- 6051
30 USD
8 years ago
Apr 26, 2016
Sell 2.82 K USD
Daniel John Michael
SVP, Chief Financial Officer
- 94
30.05 USD
8 years ago
Apr 21, 2016
Sell 4.73 K USD
Daniel John Michael
SVP, Chief Financial Officer
- 155
30.5 USD
8 years ago
Apr 11, 2016
Sell 18.4 K USD
HERVEY JAY R
Vice Pres Sec & Gen Counsel
- 575
32.0325 USD
8 years ago
Apr 07, 2016
Sell 89 K USD
Wampler William C Jr
Director
- 2804
31.74 USD
8 years ago
Apr 04, 2016
Sell 29.1 K USD
HERVEY JAY R
Vice Pres Sec & Gen Counsel
- 900
32.32 USD
8 years ago
Feb 24, 2016
Sell 158 K USD
Hawn Jack Leroy JR
Pres. of Zenith Freight Lines
- 5294
29.81 USD
8 years ago
Feb 24, 2016
Sell 158 K USD
Hawn Jack Leroy JR
Pres. of Zenith Freight Lines
- 5294
29.81 USD
8 years ago
Feb 22, 2016
Sell 167 K USD
Hawn Jack Leroy JR
Pres. of Zenith Freight Lines
- 5500
30.28 USD
8 years ago
Feb 18, 2016
Sell 21 K USD
Hawn Jack Leroy JR
Pres. of Zenith Freight Lines
- 700
30.02 USD
8 years ago
Feb 17, 2016
Sell 20.3 K USD
HERVEY JAY R
Vice Pres Sec & Gen Counsel
- 700
29.01 USD
8 years ago
Feb 02, 2016
Sell 145 K USD
Hawn Jack Leroy JR
Pres. of Zenith Freight Lines
- 4787
30.27 USD
8 years ago
Jan 29, 2016
Sell 199 K USD
Hawn Jack Leroy JR
Pres. of Zenith Freight Lines
- 6580
30.26 USD
8 years ago
Feb 01, 2016
Sell 367 K USD
Hawn Jack Leroy JR
Pres. of Zenith Freight Lines
- 12139
30.26 USD
8 years ago
Jan 25, 2016
Sell 172 K USD
HAWORTH HOWARD H
Director
- 5582
30.9 USD
9 years ago
Nov 20, 2015
Sell 8.85 K USD
HERVEY JAY R
Vice Pres Sec & Gen Counsel
- 300
29.5 USD
9 years ago
Nov 16, 2015
Sell 8.55 K USD
HERVEY JAY R
Vice Pres Sec & Gen Counsel
- 300
28.5 USD
9 years ago
Nov 17, 2015
Sell 8.78 K USD
HERVEY JAY R
Vice Pres Sec & Gen Counsel
- 300
29.25 USD
9 years ago
Oct 08, 2015
Sell 123 K USD
HAWORTH HOWARD H
Director
- 3877
31.78 USD
9 years ago
Oct 09, 2015
Sell 44.2 K USD
HAWORTH HOWARD H
Director
- 1371
32.2356 USD
9 years ago
Oct 08, 2015
Sell 43.5 K USD
HERVEY JAY R
Vice Pres Sec & Gen Counsel
- 1350
32.238 USD
9 years ago
Oct 06, 2015
Sell 15.5 K USD
HERVEY JAY R
Vice Pres Sec & Gen Counsel
- 500
31 USD
9 years ago
Aug 12, 2015
Sell 73.6 K USD
CASHMAN KRISTINA K
Director
- 2422
30.39 USD
9 years ago
Aug 03, 2015
Bought 32 K USD
FULTON PAUL
Chairman of the Board
+ 1000
31.95 USD
9 years ago
Aug 03, 2015
Sell 81.5 K USD
Wampler William C Jr
Director
- 2500
32.59 USD
9 years ago
Jul 21, 2015
Sell 115 K USD
CASHMAN KRISTINA K
Director
- 3078
37.2445 USD
9 years ago
Jul 21, 2015
Bought 37.2 K USD
FULTON PAUL
Chairman of the Board
+ 1000
37.23 USD
9 years ago
Jul 17, 2015
Sell 114 K USD
Wampler William C Jr
Director
- 3078
36.929 USD
9 years ago
Jul 17, 2015
Bought 38.1 K USD
FULTON PAUL
Chairman of the Board
+ 1000
38.06 USD
9 years ago
Jul 15, 2015
Sell 76 K USD
Daniel John Michael
SVP, Chief Financial Officer
- 2000
38 USD
9 years ago
Jul 14, 2015
Sell 153 K USD
SPILMAN ROBERT H JR
Pres & Chief Executive Officer
- 4000
38.3111 USD
9 years ago
Jul 14, 2015
Sell 40.7 K USD
Cohenour Bruce
SR VP/SALES & MERCHANDISING
- 1070
38 USD
9 years ago
Jul 15, 2015
Sell 33.8 K USD
HERVEY JAY R
Vice Pres Sec & Gen Counsel
- 900
37.5278 USD
9 years ago
Jul 10, 2015
Sell 733 K USD
JORDAN MARK S
SVP--Upholstery
- 20000
36.6266 USD
9 years ago
Jul 08, 2015
Sell 170 K USD
SPILMAN ROBERT H JR
Pres & Chief Executive Officer
- 4720
35.9901 USD
9 years ago
Jul 06, 2015
Sell 266 K USD
BASSETT JOHN E III
Senior Vice President, Wood
- 7400
36 USD
9 years ago
Jul 06, 2015
Sell 266 K USD
BASSETT JOHN E III
Senior Vice President, Wood
- 7400
36 USD
9 years ago
May 22, 2015
Sell 12.7 K USD
HERVEY JAY R
Vice Pres Sec & Gen Counsel
- 450
28.3017 USD
9 years ago
Apr 14, 2015
Sell 35.7 K USD
HERVEY JAY R
Vice Pres Sec & Gen Counsel
- 1100
32.447 USD
9 years ago
Apr 14, 2015
Sell 438 K USD
SPILMAN ROBERT H JR
Pres & Chief Executive Officer
- 14100
31.0757 USD
9 years ago
Apr 14, 2015
Sell 178 K USD
Cohenour Bruce
SR VP/SALES & MERCHANDISING
- 5570
32.0244 USD
9 years ago
Apr 10, 2015
Sell 31.6 K USD
HAWORTH HOWARD H
Director
- 1000
31.55 USD
9 years ago
Apr 10, 2015
Sell 63.4 K USD
HAWORTH HOWARD H
Director
- 2000
31.7 USD
9 years ago
Feb 19, 2015
Sell 30.3 K USD
Daniel John Michael
SVP, Chief Financial Officer
- 1185
25.55 USD
9 years ago
Feb 12, 2015
Sell 67.6 K USD
BASSETT JOHN E III
Senior Vice President, Wood
- 2624
25.75 USD
9 years ago
Feb 11, 2015
Sell 50.9 K USD
BASSETT JOHN E III
Senior Vice President, Wood
- 1976
25.75 USD
9 years ago
Feb 12, 2015
Sell 131 K USD
JORDAN MARK S
SVP--Upholstery
- 5150
25.5052 USD
9 years ago
Feb 12, 2015
Sell 67.6 K USD
BASSETT JOHN E III
Senior Vice President, Wood
- 2624
25.75 USD
9 years ago
Feb 11, 2015
Sell 46.9 K USD
BASSETT JOHN E III
Senior Vice President, Wood
- 1976
23.75 USD
9 years ago
Feb 09, 2015
Sell 1.33 M USD
CAMP JASON
Senior VP, Retail
- 55500
24.043 USD
9 years ago
Feb 05, 2015
Sell 140 K USD
SPILMAN ROBERT H JR
Pres & Chief Executive Officer
- 6000
23.3189 USD
9 years ago
Feb 03, 2015
Sell 70.1 K USD
HERVEY JAY R
Vice Pres Sec & Gen Counsel
- 2907
24.11 USD
9 years ago
Feb 04, 2015
Sell 70.1 K USD
HERVEY JAY R
Vice Pres Sec & Gen Counsel
- 2907
24.11 USD
9 years ago
Feb 04, 2015
Sell 94.4 K USD
Daniel John Michael
SVP, Chief Financial Officer
- 4000
23.6101 USD
10 years ago
Nov 10, 2014
Bought 36.3 K USD
FULTON PAUL
Chairman of the Board
+ 2000
18.1374 USD
10 years ago
Oct 28, 2014
Bought 13.2 K USD
FULTON PAUL
Chairman of the Board
+ 749
17.6 USD
10 years ago
Oct 27, 2014
Bought 17.8 K USD
FULTON PAUL
Chairman of the Board
+ 1022
17.3898 USD
10 years ago
Oct 27, 2014
Bought 3.98 K USD
FULTON PAUL
Chairman of the Board
+ 229
17.4 USD
10 years ago
Jul 18, 2014
Sell 7.74 K USD
HERVEY JAY R
Vice Pres Sec & Gen Counsel
- 500
15.48 USD
10 years ago
May 07, 2014
Bought 39.8 K USD
SPILMAN ROBERT H JR
Pres & Chief Executive Officer
+ 3000
13.25 USD
10 years ago
Apr 25, 2014
Bought 13.4 K USD
SPILMAN ROBERT H JR
Pres & Chief Executive Officer
+ 1000
13.37 USD
10 years ago
Apr 11, 2014
Bought 13.8 K USD
SPILMAN ROBERT H JR
Pres & Chief Executive Officer
+ 1000
13.7942 USD
10 years ago
Apr 08, 2014
Bought 28.1 K USD
FULTON PAUL
Chairman of the Board
+ 2000
14.07 USD
10 years ago
Feb 07, 2014
Sell 15.7 K USD
HERVEY JAY R
Vice Pres Sec & Gen Counsel
- 1127
13.92 USD
10 years ago
Feb 03, 2014
Bought 4.05 K USD
Daniel John Michael
SVP, Chief Financial Officer
+ 300
13.5 USD
11 years ago
Nov 13, 2013
Sell 10.6 K USD
HERVEY JAY R
Vice Pres Sec & Gen Counsel
- 800
13.25 USD
11 years ago
Oct 25, 2013
Bought 29.7 K USD
FULTON PAUL
Chairman of the Board
+ 2000
14.8705 USD
11 years ago
Oct 08, 2013
Bought 28.8 K USD
FULTON PAUL
Chairman of the Board
+ 2000
14.39 USD
11 years ago
Jul 10, 2013
Bought 33.4 K USD
FULTON PAUL
Chairman of the Board
+ 2000
16.711 USD
7. News
New Strong Sell Stocks for October 29th CVI, BSET and BAMXF have been added to the Zacks Rank #5 (Strong Sell) List on October 29, 2024. zacks.com - 2 weeks ago
New Strong Sell Stocks for October 15th AMTB, CAR and BSET have been added to the Zacks Rank #24 (Strong Sell) List on October 15, 2024. zacks.com - 1 month ago
Bassett Furniture: Cybersecurity Incident Weakened Q3 Bassett Furniture reported weak Q3 results due to a cybersecurity incident and persisting weak industry conditions, but I believe that the factors behind the earnings make the weak Q3 understandable. The company is undergoing a restructuring plan to improve earnings by $5.5-6.5 million and looks to cut production and streamline operations by the end of Q4. The BSET stock comes with a good margin of safety in terms of the valuation, but with a still uncertain industry outlook and Bassett's uncertain earnings power, I remain neutral. seekingalpha.com - 1 month ago
Bassett Furniture Industries, Incorporated (BSET) Q3 2024 Earnings Call Transcript Bassett Furniture Industries, Incorporated (NASDAQ:BSET ) Q3 2024 Earnings Conference Call October 10, 2024 9:00 AM ET Company Participants Mike Daniel - Chief Financial Officer Rob Spilman - Chairman and Chief Executive Officer Conference Call Participants Anthony Lebiedzinski - Sidoti & Company Brian Gordon - Water Tower Research Operator Good day and thank you for standing by. Welcome to Bassett Furniture Industries Q3 2024 Earnings Conference Call. seekingalpha.com - 1 month ago
Bassett Furniture (BSET) Reports Q3 Loss, Lags Revenue Estimates Bassett Furniture (BSET) came out with a quarterly loss of $0.52 per share versus the Zacks Consensus Estimate of a loss of $0.34. This compares to loss of $0.30 per share a year ago. zacks.com - 1 month ago
Bassett Reports Fiscal Third Quarter Results, Updates Progress on Restructuring Plan and Announces Regular Quarterly Dividend BASSETT, Va., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) reported today its results of operations for its third quarter ended August 31, 2024. In addition, the Company's Board of Directors declared a regular quarterly dividend of $0.20 per share of common stock, payable on Nov. 29, 2024, to shareholders of record at the close of business on Nov. 15, 2024. This dividend represents an 11% increase over the prior year's quarterly dividend. globenewswire.com - 1 month ago
BSET Gears Up to Report Q3 Earnings: Here's What You Should Know Bassett's third-quarter fiscal 2024 results are likely to showcase a declining demand trend amid market uncertainties and the closure of manufacturing plants. zacks.com - 1 month ago
Bassett Announces Third Quarter Conference Call BASSETT, Va., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today it will host a conference call with management on Thursday, October 10, 2024, at 9:00 a.m. ET to discuss its third quarter 2024 financial results. The Company will issue its earnings release after the market closes on Wednesday, October 9, 2024. Chairman and Chief Executive Officer Rob Spilman will host the call, along with Chief Financial Officer Mike Daniel. globenewswire.com - 1 month ago
Analysts Estimate Bassett Furniture (BSET) to Report a Decline in Earnings: What to Look Out for Bassett (BSET) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 1 month ago
Bassett Furniture Industries, Incorporated (BSET) Q2 2024 Earnings Call Transcript Bassett Furniture Industries, Incorporated (NASDAQ:BSET ) Q2 2024 Earnings Conference Call July 11, 2024 9:00 AM ET Company Participants Mike Daniel - Chief Financial Officer Rob Spilman, Jr. - Chairman & Chief Executive Officer Conference Call Participants Anthony Lebiedzinski - Sidoti Budd Bugatch - Water Tower Research Operator Hello, and thank you for standing by, and welcome to Bassett Furniture Industries Q2 2024 Earnings Call. At this time, all participants are in a listen-only mode. seekingalpha.com - 4 months ago
Bassett (BSET) Q2 Earnings & Sales Lag Estimates, Down Y/Y Challenging housing market hurt Bassett's (BSET) second-quarter fiscal 2024 results. zacks.com - 4 months ago
Bassett Furniture (BSET) Reports Q2 Loss, Misses Revenue Estimates Bassett Furniture (BSET) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to earnings of $0.15 per share a year ago. zacks.com - 4 months ago
8. Profile Summary

Bassett Furniture Industries, Incorporated BSET

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COUNTRY US
INDUSTRY Furnishings, Fixtures & Appliances
MARKET CAP $ 129 M
Dividend Yield 1.42%
Description Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. It operates through three segments: Wholesale, Retail –company-owned Stores, and Logistical Services. The company engages in the design, manufacture, sourcing, sale, and distribution of furniture products to a network of company-owned retail stores and licensee-owned stores, and independent furniture retailers; and wood and upholstery operations. As of November 27, 2021, it operated a network of 63 company-owned stores and 34 licensee-owned stores. It also provides shipping, and warehousing services to customers in the furniture industry. In addition, the company owns and leases retail store properties; and distributes its products through other multi-line furniture stores, Bassett galleries or design centers, mass merchants, and specialty stores, as well as sells its products online. Bassett Furniture Industries, Incorporated was incorporated in 1902 and is based in Bassett, Virginia.
Contact 3525 Fairystone Park Highway, Bassett, VA, 24055 https://www.bassettfurniture.com
IPO Date March 17, 1980
Employees 1389
Officers Mr. John E. Bassett III Senior Vice President & Chief Operations Officer Mr. Robert H. Spilman Jr. President, Chief Executive Officer & Chairman Mr. J. Michael Daniel Senior Vice President and Chief Financial & Administrative Officer Brian W. Claspell Senior Vice President & Chief Information Officer Kara Ann Kelchner-Strong Senior Vice President & Customer Experience Officer Mr. Bruce R. Cohenour Senior Vice President & Chief Sales Officer Peter D. Morrison Vice President of Communications & Chief Creative Officer Mr. Jay R. Hervey Esq. Vice President, Secretary & General Counsel Mr. Mark S. Jordan Senior Vice President of Upholstery Edward H. White Vice President of Human Resources