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NASDAQ:BSET

Bassett Furniture Industries Q4 2023 Earnings Report

Bassett Furniture Industries logo
$18.30 -0.84 (-4.39%)
Closing price 07/11/2025 04:00 PM Eastern
Extended Trading
$18.24 -0.05 (-0.30%)
As of 07/11/2025 04:04 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Bassett Furniture Industries EPS Results

Actual EPS
$0.15
Consensus EPS
-$0.06
Beat/Miss
Beat by +$0.21
One Year Ago EPS
N/A

Bassett Furniture Industries Revenue Results

Actual Revenue
$94.70 million
Expected Revenue
$90.61 million
Beat/Miss
Beat by +$4.09 million
YoY Revenue Growth
N/A

Bassett Furniture Industries Announcement Details

Quarter
Q4 2023
Time
N/A
Conference Call Date
Thursday, January 25, 2024
Conference Call Time
8:00AM ET

Bassett Furniture Industries Earnings Headlines

Research Analysts Issue Forecasts for BSET FY2025 Earnings
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About Bassett Furniture Industries

Bassett Furniture Industries (NASDAQ:BSET), Inc. (NASDAQ: BSET) is a vertically integrated furniture company headquartered in Bassett, Virginia. The company designs, manufactures and sells residential furniture across multiple categories, including upholstered seating, case goods, occasional tables, dining room collections, bedroom sets and outdoor products. With an emphasis on craftsmanship and customization, Bassett offers a blend of traditional and contemporary styles aimed at consumers seeking both quality and design flexibility.

Bassett’s operating model includes company-owned Bassett Home Furnishings galleries, a direct-to-consumer e-commerce platform and sales through a network of franchise dealers and independent retailers. This multi-channel approach enables the company to serve customers in the United States, Canada and select international markets. Bassett’s galleries feature curated room settings, design services and made-to-order manufacturing, allowing customers to personalize finishes, fabrics and dimensions.

Founded in 1902, Bassett Furniture Industries has evolved from a regional manufacturer into a national brand recognized for its commitment to American craftsmanship. Over the decades, the company has expanded its product offerings, invested in modern production facilities in Virginia and Tennessee, and developed in-house design capabilities. Bassett also operates outlet showrooms that showcase overstock and clearance items at value pricing.

Under the leadership of President and Chief Executive Officer John C. Turner, III and a seasoned management team, Bassett continues to pursue growth through product innovation and digital transformation. The company emphasizes responsible sourcing of raw materials, sustainable manufacturing practices and supply chain resilience. By combining traditional woodworking expertise with modern design and e-commerce capabilities, Bassett aims to capture share in the competitive home furnishings market.

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