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Bassett Furniture Industries Value Stock - Dividend - Research Selection

Bassett furniture industries

ISIN: US0702031040 , WKN: 906816

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Description of the company

Bassett Furniture Industries, Incorporated manufactures, markets, and retails home furnishings in the United States. The company operates in three segments: Wholesale, Retail, and Logistical Services. It is involved in the design, manufacture, sourcing, sale, and distribution of furniture products to a network of company-owned and licensee-owned Bassett Home Furnishings (BHF) retail stores, as well as independent furniture retailers; and wood and upholstery operations. As of November 25, 2017, the company operated a network of 60 company-owned stores and 30 licensee-owned stores. It also provides shipping, delivery, and warehousing services to customers in the furniture industry. In addition, the company owns and leases retail store properties. It also distributes its products through other multi-line furniture stores, Bassett galleries or design centers, specialty stores, and mass merchants. Bassett Furniture Industries was founded in 1902 and is based in Bassett, Virginia.

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NEWS


Bassett Announces Fourth Quarter Conference Call

2025-01-22
BASSETT, Va., Jan. 22, 2025 -- Bassett Furniture Industries, Inc. today announced it will host a conference call with management on Thursday, January 30, 2025, at 9:00 a.m. ET to discuss its...

Bassett Announces Regular Quarterly Dividend

2025-01-16
BASSETT, Va., Jan. 16, 2025 -- Bassett Furniture Industries, Inc. announced today that its Board of Directors has declared a regular quarterly dividend of $0.20 per share of common stock, payable...

Bassett Furniture Industries: An Overdue Downgrade

2025-01-08
Bassett Furniture Industries faces significant revenue declines and worsening profits. Click here to find out why I am downgrading BSET stock to a Sell.

New Strong Sell Stocks for December 3rd

2024-12-03
BSET, BEN and HTCMY have been added to the Zacks Rank #5 (Strong Sell) List on December 3, 2024.

Bassett Cuts Workforce to Drive Cost Savings & Restructuring Progress

2024-11-21
BSET has reduced its workforce to streamline operations and generate significant cost savings as part of the company's ongoing restructuring efforts.

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) is favoured by institutional owners who hold 59% of the company

2024-11-21
Key Insights Institutions' substantial holdings in Bassett Furniture Industries implies that they have significant...

Bassett Announces Additional Cost Structure Reductions and Updates Progress on Restructuring Plan

2024-11-20
BASSETT, Va., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today certain work force reductions designed to both streamline operations and better match the Company’s cost structure to the current rate of business. Through a combination of layoffs and retirements throughout the organization, this workforce reduction will result in approximately $2.5 million in annual savings. Including this action, Bassett has reduced its headcount by 11% over the p

Bassett Furniture Industries Incorporated : Announces Additional Cost Structure Reductions and Updates Progress on Restructuring Plan Form 8 K

2024-11-20
November 20, 2024 - Bassett Furniture Industries, Inc. announced today certain work force reductions designed to both streamline operations and better match the Company's cost structure to the...

A Look At The Fair Value Of Bassett Furniture Industries, Incorporated (NASDAQ:BSET)

2024-10-31
Key Insights The projected fair value for Bassett Furniture Industries is US$14.19 based on 2 Stage Free Cash Flow to...

Bassett Furniture Industries Incorporated : hires Chivari as Chief Marketing Officer

2024-10-29
PDF Version Bassett Furniture Industries, Inc. announced today that Tony Chivari has joined the Company as SVP-Chief Marketing Officer. Mr. Chivari has held similar positions with...