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 H. Spilman Jr. |
Contact Details
Address: Po Box 626 Bassett, Virginia 24055 United States | |
| Phone | (540) 629-6209 |
| 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 |
|---|---|---|
| Apr 3, 2024 | 10-Q | Quarterly Report |
| Apr 3, 2024 | 8-K | Current Report |
| Mar 7, 2024 | 8-K | Current Report |
| Mar 7, 2024 | 8-K | Current Report |
| Feb 13, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 9, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 8, 2024 | SC 13G | Statement of acquisition of beneficial ownership by individuals |
| Feb 5, 2024 | DEF 14A | Other definitive proxy statements |
| Feb 5, 2024 | ARS | Filing |
| Jan 25, 2024 | 10-K | Annual Report |