Bassett Furniture Industries, Incorporated (BSET) News
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Latest BSET News From Around the Web
Below are the latest news stories about BASSETT FURNITURE INDUSTRIES INC that investors may wish to consider to help them evaluate BSET as an investment opportunity.
25 Highest Quality Furniture Brands in the WorldIn this article, we will take a look at the 25 highest quality furniture brands in the world. If you want to skip our detailed analysis, you can go directly to the 5 Highest Quality Furniture Brands in the World. According to a report by Grandview Research, the global furniture market was valued at $677.09 billion […] |
Bassett Announces Regular Fourth Quarter DividendBASSETT, 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 share of common stock, payable on November 24, 2023, to shareholders of record at the close of business on November 10, 2023. About Bassett Furniture Industries, Inc.Bassett Furniture Industries, Inc. (NASDAQ:BSET), is a leading manufacturer and marketer of high quality home furnishings. With 89 compan |
Modine and Bassett Furniture have been highlighted as Zacks Bull and Bear of the DayModine and Bassett Furniture have been highlighted as Zacks Bull and Bear of the Day. |
Bear of the Day: Bassett Furniture (BSET)Earnings are plunging this year. |
New Strong Sell Stocks for September 29thBSET, DRCT and D have been added to the Zacks Rank #5 (Strong Sell) List on September 29, 2023. |
Bassett Furniture (BSET) Reports Q3 Loss, Tops Revenue EstimatesBassett (BSET) delivered earnings and revenue surprises of 49.15% and 0.31%, respectively, for the quarter ended August 2023. Do the numbers hold clues to what lies ahead for the stock? |
Analysts Estimate Bassett Furniture (BSET) to Report a Decline in Earnings: What to Look Out forBassett (BSET) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
Bassett Announces Fiscal Third Quarter ResultsBASSETT, 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. Fiscal 2023 Third Quarter Highlights (Dollars in millions) Sales Operating Income (Loss) 3rd Qtr Dollar% 3rd Qtr% of 3rd Qtr% of 20232022 ChangeChange2023Sales 2022SalesConsolidated(1)$87.2$118.0 $(30.8)-26.1% $(3.8)-4.4% $10.7 9.1% Wholesale$56.7$79.0 $(22.3)-28.2% $6.3 11.1% $10.0 12.7% Retail$52.3$70.9 $(18.6) |
Bassett (BSET) to Post Q3 Earnings: What's in the Offing?Bassett's (BSET) third-quarter results to ail from shut-down stores and inflationary woes. |
Bassett Announces Certain Preliminary Financial Results for the Fiscal Third QuarterBASSETT, 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 were approximately $87 million or 26% lower than the corresponding period in 2022, and that as a result, it expects to report an operating and net loss for the quarter. While wholesale shipments dropped by 27% for the quarter, wholesale orders were only 5% lower than the prior year quarter. In spit |