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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


Warning: BSET is at high risk of performing badly

2024-04-24
Looking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results.

Merion Road Capital -  Bassett Furniture: Under The Radar Stock With Compelling Risk-Reward

2024-04-20
One timely position to discuss is Bassett Furniture, a stock thatr truly flies under the radar. Click here for our brief investment thesis on BSET stock.

Does Bassett Furniture Industries, Incorporated (BSET) Have a Compelling Risk/Reward Opportunity?

2024-04-18
Merion Road Capital, an investment advisor, released its first quarter 2024 investor letter. A copy of the letter can be downloaded here. In the first quarter, Merion Road Small Cap Fund returned 4.9% compared to 5.0% for the Russell 2000 Index. The long-only portfolio of Merion Road rose 12.9% during the quarter compared to a […]

This Stock Has A 5.17% Yield, Sells For Less Than Book, and Insiders Have Been Buying

2024-04-09
Looking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results.

Over $10M Bet On This Industrial Stock? Check Out These 3 Stocks Insiders Are Buying

2024-04-08
Looking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results.

Bassett Furniture Industries Inc (BSET) Faces Sales Decline: A Look at Fiscal Q1 Earnings

2024-04-05
BSET Earnings Miss Analyst Expectations Amidst Market Challenges

Bassett (BSET) Q1 Earnings & Sales Lag Estimates, Down Y/Y

2024-04-04
Bassett's (BSET) first-quarter fiscal 2024 results reflect the dismal performance of its reporting segments due to lower sales volume.

Bassett Furniture: Great Brand, Lousy Investment

2024-04-03
Bassett Furniture Industries, Incorporated may be reaching a potential buying point, despite sluggish growth and earnings contraction. Read more on BSET stock.

Bassett Furniture (BSET) Reports Q1 Loss, Lags Revenue Estimates

2024-04-03
Bassett (BSET) delivered earnings and revenue surprises of -1,500% and 5.39%, respectively, for the quarter ended February 2024. Do the numbers hold clues to what lies ahead for the stock?

Bassett Announces Fiscal First Quarter Results

2024-04-03
BASSETT, Va., April 03, 2024 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today its results of operations for its first quarter ended March 2, 2024. Fiscal 2024 First Quarter Highlights (Dollars in millions) Sales Operating Income (Loss) 1st Qtr Dollar% 1st Qtr% of 1st Qtr% of 2024 2023 ChangeChange 2024 Sales 2023 SalesConsolidated (1) $86.6 $107.7 $(21.1)-19.6% $(2.4)-2.8% $2.7 2.5% Wholesale $54.7 $69.9 $(15.2)-21.7% $6.8 12.4% $9.0 12.9% Retail $53.8 $65.0