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Bassett Furniture Industries Q3 2023 Earnings Report

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$15.40 -0.67 (-4.17%)
Closing price 04:00 PM Eastern
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$15.34 -0.05 (-0.36%)
As of 04:14 PM Eastern
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Bassett Furniture Industries EPS Results

Actual EPS
-$0.30
Consensus EPS
-$0.59
Beat/Miss
Beat by +$0.29
One Year Ago EPS
N/A

Bassett Furniture Industries Revenue Results

Actual Revenue
$87.22 million
Expected Revenue
$86.95 million
Beat/Miss
Beat by +$270.00 thousand
YoY Revenue Growth
N/A

Bassett Furniture Industries Announcement Details

Quarter
Q3 2023
Time
Q3 2023 Earnings Release
Conference Call Date
Thursday, September 28, 2023
Conference Call Time
9:30AM ET

Upcoming Earnings

Bassett Furniture Industries' Q3 2025 earnings is scheduled for Wednesday, October 8, 2025, with a conference call scheduled on Thursday, October 9, 2025 at 9:00 AM ET. Check back for transcripts, audio, and key financial metrics as they become available.

Bassett Furniture Industries Earnings Headlines

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About Bassett Furniture Industries

Bassett Furniture Industries (NASDAQ:BSET), Inc. (NASDAQ: BSET), headquartered in Bassett, Virginia, is a vertically integrated manufacturer and retailer of residential home furnishings. The company designs, produces and markets a range of furniture items, including upholstered seating, wood case goods, bedroom collections, dining room sets and home décor accessories. Bassett is known for its emphasis on craftsmanship, offering both ready-to-assemble pieces and made-to-order products that cater to varying design preferences and space requirements.

Bassett’s products are sold through a dual-channel distribution network comprising company-owned Bassett Home Furnishings stores, a franchise and independent dealer network, and an e-commerce platform that provides online shopping, virtual design consultations and customization tools. The company serves customers across the United States and Canada, with select international shipments. Its retail footprint is supported by manufacturing facilities in Virginia as well as global sourcing partnerships that help manage lead times and cost structures.

Founded in 1902, Bassett Furniture Industries went public in the early 1990s and has remained under the stewardship of the founding Baker family. Under the leadership of President and CEO Lindsay J. Baker, the company blends a legacy of Southern craftsmanship with contemporary design trends. Bassett continues to invest in product innovation, store experience and digital capabilities to strengthen its position in the competitive home furnishings market.

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