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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.
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Bassett Furniture Industries, Incorporated has continued reporting soft financials as industry weakness continues, pushing operating income into negative territory. Bassett's retail distribution updat...
BASSETT, Va., July 02, 2024 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) today announced it will host a conference call with management on Thursday, July 11, 2024, at 9:00 a.m...
Bassett's (BSET) second-quarter fiscal 2024 performance is expected to be hurt by the soft home furnishings market....
Bassett, Virginia--(Newsfile Corp. - June 3, 2024) - Bassett Furniture Industries, Inc. (NASDAQ: BSET), announced today that Rob Spilman, Chief Executive Officer and Chairman of the Board, will be pre...
Bassett's (BSET) first-quarter fiscal 2024 results reflect the dismal performance of its reporting segments due to lower sales volume....
Bassett Furniture (BSET) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of $0.01. This compares to earnings of $0.16 per share a year ago....
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....
Bassett's (BSET) first-quarter fiscal 2024 performance is expected to have been hurt by a soft sales environment and inflationary woes....
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 sh...