Bassett Furniture Industries, Incorporated (BSET) News

Bassett Furniture Industries, Incorporated (BSET): $13.85

0.11 (-0.79%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

B

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Industry: Home Improvement & Goods

Industry

B

Ranked

#22 of 57

in industry

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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.

New Strong Sell Stocks for December 3rd

BSET, BEN and HTCMY have been added to the Zacks Rank #5 (Strong Sell) List on December 3, 2024.

Yahoo | December 3, 2024

Bassett Cuts Workforce to Drive Cost Savings & Restructuring Progress

BSET has reduced its workforce to streamline operations and generate significant cost savings as part of the company's ongoing restructuring efforts.

Yahoo | November 21, 2024

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) is favoured by institutional owners who hold 59% of the company

Key Insights Institutions' substantial holdings in Bassett Furniture Industries implies that they have significant...

Yahoo | November 21, 2024

Bassett Announces Additional Cost Structure Reductions and Updates Progress on Restructuring Plan

BASSETT, Va., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today certain work force reductions designed to both streamline operations and better match the Company’s cost structure to the current rate of business. Through a combination of layoffs and retirements throughout the organization, this workforce reduction will result in approximately $2.5 million in annual savings. Including this action, Bassett has reduced its headcount by 11% over the p

Yahoo | November 20, 2024

A Look At The Fair Value Of Bassett Furniture Industries, Incorporated (NASDAQ:BSET)

Key Insights The projected fair value for Bassett Furniture Industries is US$14.19 based on 2 Stage Free Cash Flow to...

Yahoo | October 31, 2024

Bassett Furniture Industries (NASDAQ:BSET) investors are sitting on a loss of 6.1% if they invested three years ago

In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...

Yahoo | October 11, 2024

Bassett Furniture Industries Inc (BSET) Q3 2024 Earnings Call Highlights: Navigating Challenges ...

Despite revenue declines and operational disruptions, Bassett Furniture Industries Inc (BSET) reports improved gross margins and a strong balance sheet.

Yahoo | October 11, 2024

Q3 2024 Bassett Furniture Industries Inc Earnings Call

Q3 2024 Bassett Furniture Industries Inc Earnings Call

Yahoo | October 11, 2024

Bassett Furniture (BSET) Reports Q3 Loss, Lags Revenue Estimates

Bassett (BSET) delivered earnings and revenue surprises of -52.94% and 3.83%, respectively, for the quarter ended August 2024. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | October 9, 2024

Bassett: Fiscal Q3 Earnings Snapshot

BASSETT, Va. AP) — Bassett Furniture Industries Inc. BSET) on Wednesday reported a loss of $4.5 million in its fiscal third quarter.

Yahoo | October 9, 2024


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