Bassett Furniture Industries, Incorporated (BSET)
Market Cap | 121.87M |
Revenue (ttm) | 447.25M |
Net Income (ttm) | 16.18M |
Shares Out | 8.84M |
EPS (ttm) | 1.84 |
PE Ratio | 7.49 |
Forward PE | 30.73 |
Dividend | $0.72 (5.22%) |
Ex-Dividend Date | Aug 10, 2023 |
Volume | 5,364 |
Open | 14.26 |
Previous Close | 14.15 |
Day's Range | 13.79 - 14.34 |
52-Week Range | 13.30 - 19.99 |
Beta | 1.64 |
Analysts | Hold |
Price Target | n/a |
Earnings Date | Sep 28, 2023 |
About BSET
Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. It operates through two segments: Wholesale and Retail "company-owned Stores. 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 26, 2022, it operated a network of 58 company-owned sto... [Read more]
Financial Performance
In 2022, BSET's revenue was $485.60 million, an increase of 12.70% compared to the previous year's $430.89 million. Earnings were $65.35 million, an increase of 262.18%.
Financial StatementsNews

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...

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...

High-Yield Bassett Furniture Rocks Into Reversal
The furniture industry has struggled, but indications from Bassett Furniture NASDAQ: BSET echo news from other furniture manufacturers and have the shares rocketing higher. The takeaway is that normal...

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.

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...

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...

Bassett Announces Fiscal First Quarter Results
BASSETT, Va., March 30, 2023 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today its results of operations for its first quarter ended February 25, 2023.

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...

Bassett Announces Fiscal Fourth Quarter Results
BASSETT, Va., Jan. 24, 2023 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today its results of operations for its fourth quarter ended November 26, 2022.

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...

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

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...

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...

Bassett Announces Fiscal Third Quarter Results
BASSETT, Va., Sept. 29, 2022 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today its results of operations for its third quarter ended August 27, 2022.

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...

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...

Basset Furniture Quietly Proves Its Value
The entire furniture industry has been in a correction and Basset Furniture (NASDAQ: BSET) was not immune. The correction was driven by historically high valuations, fear of slowing growth, peak-rebou...

Three Stocks To Buy Before They Report Q1 Earnings
We expect the Q1 earnings reporting season to be rocky. Inflation and supply chain headwinds are mounting in the wake of the Ukrainian invasion and threaten both the top and bottom lines of many busin...

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...

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:

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...

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...

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.

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...

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, ...