Company Description
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.
The company also distributes its products through multi-line furniture stores, including Bassett galleries or design centers, as well as sells online; and engages in wood and upholstery operations.
In addition, it owns and leases land, retail store properties, warehouses, and distribution centers. Bassett Furniture Industries, Incorporated was founded in 1902 and is based in Bassett, Virginia.
| Country | United States |
| Founded | 1902 |
| IPO Date | Jan 1, 1987 |
| Industry | Furnishings, Fixtures & Appliances |
| Sector | Consumer Discretionary |
| Employees | 1,389 |
| CEO | Robert Spilman |
Contact Details
Address: 3525 Fairystone Park Highway, PO Box 626 Bassett, Virginia 24055 United States | |
| Phone | 276 629 6000 |
| Website | bassettfurniture.com |
Stock Details
| Ticker Symbol | BSET |
| Exchange | NASDAQ |
| Fiscal Year | December - November |
| Reporting Currency | USD |
| CIK Code | 0000010329 |
| CUSIP Number | 070203104 |
| ISIN Number | US0702031040 |
| Employer ID | 54-0135270 |
| SIC Code | 2511 |
Key Executives
| Name | Position |
|---|---|
| Robert H. Spilman Jr. | President, Chief Executive Officer and Chairman |
| J. Michael Daniel | Senior Vice President and Chief Financial and Administrative Officer |
| John E. Bassett III | Senior Vice President and Chief Operations Officer |
| Bruce R. Cohenour | Senior Vice President and Chief Sales Officer |
| Brian W. Claspell | Senior Vice President and Chief Information Officer |
| Jay R. Hervey Esq. | Vice President, Secretary and General Counsel |
| Peter D. Morrison | Vice President of Communications and Chief Creative Officer |
| Edward H. White | Vice President of Human Resources |
| Mark S. Jordan | Senior Vice President of Upholstery |
| Kara Ann Kelchner-Strong | Senior Vice President and Customer Experience Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Nov 20, 2024 | 8-K | Current Report |
| Oct 10, 2024 | 10-Q | Quarterly Report |
| Oct 10, 2024 | 8-K | Current Report |
| Aug 6, 2024 | 8-K/A | [Amend] Current report |
| Jul 15, 2024 | 8-K | Current Report |
| Jul 11, 2024 | 10-Q | Quarterly Report |
| Jul 10, 2024 | 8-K | Current Report |
| Jul 9, 2024 | 8-K | Current Report |
| Jun 28, 2024 | SC 13D/A | [Amend] General statement of acquisition of beneficial ownership |
| Jun 18, 2024 | SC 13D/A | [Amend] General statement of acquisition of beneficial ownership |