Bassett Furniture Industries Stock Price. Everything You Need To Know About The Bassett Furniture Industries Stock!
Bassett Furniture Industries, Inc. is a leading manufacturer, marketer, and retailer of high-quality home furnishings. With its headquarters in Bassett, Virginia, the company employs over 1,500 full-time staff. Bassett Furniture Industries operates through two segments: Wholesale home furnishings and Retail – Company-owned stores.
The Wholesale home furnishings segment is primarily involved in designing, manufacturing, sourcing, selling, and distributing furniture products. These products are supplied to a network of independent furniture retailers and Bassett Home Furnishings stores, which include both Company-owned and licensee-owned retail locations. The company also has wood and upholstery operations, including Lane Venture, and covers all corporate selling, general and administrative expenses, related to both Company-owned and licensee-owned stores.
The Retail – Company-owned stores segment consists of the company’s owned stores and includes all revenues, expenses, assets, liabilities, and capital expenditures directly related to these stores and the Company-owned distribution network. Currently, the company owns approximately 58 stores, while 33 stores are licensee-owned.
Keeping track of Bassett Furniture Industries and the home furnishings industry in general is crucial for staying up to date on market trends. Conducting proper research and analysis is essential for making informed decisions, especially when it comes to investing in stocks.
Bassett Furniture Industries Stock Price. Everything You Need To Know About The Bassett Furniture Industries Stock! performance
- Employees 1561
- Company HQ Bassett
- Website https://www.bassettfurniture.com/
- BSET Asset Type Common Stock
- BSET Market Capitalization 124.5M
- Earnings Per Share -0.66
- Dividends Per Share 0.7
- Dividend Date 2024-05-31
- Quarterly Earnings Growth -0.952
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