Bassett Furniture Industries, Incorporated (BSET)

NASDAQ: BSET · IEX Real-Time Price · USD
13.38
+0.36 (2.76%)
Apr 23, 2024, 2:26 PM EDT - Market open
2.76%
Market Cap 115.74M
Revenue (ttm) 368.99M
Net Income (ttm) -5.81M
Shares Out 8.83M
EPS (ttm) -0.67
PE Ratio n/a
Forward PE 14.42
Dividend $0.72 (5.38%)
Ex-Dividend Date May 16, 2024
Volume 1,835
Open 13.33
Previous Close 13.02
Day's Range 13.11 - 13.39
52-Week Range 13.02 - 17.89
Beta 1.69
Analysts Hold
Price Target n/a
Earnings Date Apr 3, 2024

About BSET

Bassett Furniture Industries, Incorporated, together with its subsidiaries, manufactures, markets, and retails home furnishings in the United States and internationally. It operates in three segments: Wholesale, Retail "Company-Owned Stores, and Corporate and Other. The company engages in the design, manufacture, sourcing, sale, and distribution of furniture products, including dining, bedroom and bedding, home decorations, rugs, and outdoor furniture to a network of company-owned retail stores, licensee-owned stores, and independent retailers.... [Read more]

IPO Date Jan 1, 1987
Employees 1,389
Stock Exchange NASDAQ
Ticker Symbol BSET
Full Company Profile

Financial Performance

Financial Statements

News

Bassett Announces Fiscal First Quarter Results

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.

20 days ago - GlobeNewsWire

Bassett Announces Regular Quarterly Dividend

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...

6 weeks ago - GlobeNewsWire

Bassett Announces Fiscal Fourth Quarter Results

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.

3 months ago - GlobeNewsWire

Bassett Announces Regular Fourth Quarter Dividend

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 sha...

7 months ago - GlobeNewsWire

Bassett Announces Fiscal Third Quarter Results

BASSETT, Va., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today its results of operations for its third quarter ended August 26, 2023.

7 months ago - GlobeNewsWire

Bassett Announces Certain Preliminary Financial Results for the Fiscal Third Quarter

BASSETT, Va., Sept. 06, 2023 (GLOBE NEWSWIRE) -- September 6, 2023 – Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that consolidated net sales for the quarter ended August 26, 2023...

8 months ago - GlobeNewsWire

Bassett Increases Quarterly Dividend by 12.5%

BASSETT, Va., July 12, 2023 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has increased the quarterly dividend by 12.5%, declaring a...

10 months ago - GlobeNewsWire

Bassett Announces Fiscal Second Quarter Results

BASSETT, Va., June 29, 2023 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today its results of operations for its second quarter ended May 27, 2023.

10 months ago - GlobeNewsWire

Bassett Furniture: A Small-Cap Value Stock

Despite a bumpy history and several bankruptcies, if a company can survive the panic of 1907, the crash of 1929 and the Great Depression, Black Monday of 1987, and more recently the dot-com crash of 2...

10 months ago - GuruFocus

Bassett Furniture partners with Network-as-a-Service provider Acuative

FAIRFIELD, N.J. , May 15, 2023 /PRNewswire/ -- Bassett Furniture Industries, Inc. has signed a contract with Acuative to support its growing need for efficient, state-of-the-art networking communicati...

1 year ago - PRNewsWire

Bassett Regular Quarterly Dividend

BASSETT, Va, March 09, 2023 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has declared a regular quarterly dividend of $0.16 per sha...

1 year ago - GlobeNewsWire

Bassett Furniture and Synchrony Partner on Multi-Year Financing Program

Program Will Launch as Part of Synchrony's HOME Network™ STAMFORD, Conn. , Jan. 11, 2023 /PRNewswire/ -- Synchrony (NYSE: SYF), a leading consumer financing company, today announced that they are rees...

Other symbols: SYF
1 year ago - PRNewsWire

Bassett Comments on Proposal by CSC Generation Holdings

Board Unanimously Rejected CSC Proposals as They Undervalued the Company Board Unanimously Rejected CSC Proposals as They Undervalued the Company

1 year ago - GlobeNewsWire

Basset Furniture rallies after CSC Generation discloses buyout offer

Bassett Furniture Industries Inc. BSET, +13.57% rallied 15% in early trades Tuesday after CSC Generation Holdings Inc. offered to buy the company for $21 a share. CSC Generation said it's making the o...

1 year ago - Market Watch

CSC Generation Submits Proposal to Acquire Bassett Furniture Industries for $21 Per Share in Cash

MERRILLVILLE, Ind.--(BUSINESS WIRE)--CSC Generation Holdings, Inc. today released the below correspondence sent to Bassett Furniture Industries, Incorporated (Nasdaq: BSET), which details CSC's $21 pe...

1 year ago - Business Wire

Bassett Announces Purchase of Noa Home Inc.

BASSETT, Va., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (NASDAQ: BSET) announced today that it has acquired the capital stock of Noa Home Inc. (“Noa”), a mid-priced e-comme...

1 year ago - GlobeNewsWire

Bassett Increases Regular Quarterly Dividend by 14%

BASSETT, Va., July 14, 2022 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has increased the quarterly dividend by 14%, declaring a r...

1 year ago - GlobeNewsWire

Bassett Boosts Buyback, Declares Special Dividend

Bassett Furniture Industries Inc's (NASDAQ: BSET) Board has increased the company's share repurchase authorization to $40 million. The Board has declared a special dividend of $1.50 per share of commo...

2 years ago - Benzinga

Bassett Declaration of Special Dividend, Regular Dividend and an Increase in Share Repurchase Authorization

BASSETT, Va., March 11, 2022 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has:

2 years ago - GlobeNewsWire

J B Hunt To Acquire Zenith Freight Lines From Bassett For ~$87M

J B Hunt Transport Services Inc (NASDAQ: JBHT) has agreed to acquire the assets of Zenith Freight Lines LLC, a wholly-owned subsidiary of Bassett Furniture Industries Inc (NASDAQ: BSET), for about $87...

Other symbols: JBHT
2 years ago - Benzinga

Basset Furniture shares are up 30% on Monday: this is why

Shares of Bassett Furniture Industries Inc (NASDAQ: BSET) are up 30% on Monday after the furniture manufacturer and retailer announced an $87 million deal with J.B. Hunt Transport Services Inc. Basset...

2 years ago - Invezz

J.B. Hunt acquires furniture hauler from Bassett in $87M deal

J.B. Hunt Transport announced Monday it entered an agreement to acquire furniture hauler Zenith Freight Lines for $87 million. The deal is expected to bolster J.B.

Other symbols: JBHT
2 years ago - FreightWaves

Bassett Announces Fiscal Fourth Quarter Results and Discusses Sale of Zenith Assets

BASSETT, Va., Jan. 31, 2022 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today its results of operations for its fourth quarter ended November 27, 2021 and discusses...

2 years ago - GlobeNewsWire

J.B. Hunt to Acquire Zenith Freight Lines From Bassett

BASSETT, Va. & LOWELL, Ark.--(BUSINESS WIRE)--J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, and Bassett Furniture Industries, ...

Other symbols: JBHT
2 years ago - Business Wire

Bassett Furniture Reports Mixed Q3 Earnings

Bassett Furniture Industries Inc (NASDAQ: BSET) reported third-quarter FY21 sales growth of 29.8% year-on-year, to $118.91 million, missing the analyst consensus of $119.50 million. Sales from Wholesa...

2 years ago - Benzinga