Bassett Furniture Industries Q4 2022 Earnings Report

Bassett Furniture Industries EPS Results

• Actual EPS: $0.61
• Consensus EPS: $0.28
• Beat/Miss: Beat by +$0.33
• One Year Ago EPS: N/A

Bassett Furniture Industries Revenue Results

• Actual Revenue: $121.02 million
• Expected Revenue: $110.20 million
• Beat/Miss: Beat by +$10.82 million
• YoY Revenue Growth: N/A

Bassett Furniture Industries Announcement Details

• Quarter: Q4 2022
• Date: 1/24/2023
• Time: N/A

Bassett Furniture Industries (NASDAQ:BSET), together with its subsidiaries, manufactures, markets, and retails home furnishings in the United States and internationally. It operates in three segments: Wholesale, Retail Company-Owned Stores, and Corporate and Other. The company engages in the design, manufacture, sourcing, sale, and distribution of furniture products, including dining, bedroom and bedding, home decorations, rugs, and outdoor furniture to a network of company-owned retail stores, licensee-owned stores, and independent retailers. The company also distributes its products through multi-line furniture stores, including Bassett galleries or design centers, as well as sells online; and engages in wood and upholstery operations. In addition, it owns and leases land, retail store properties, warehouses, and distribution centers. Bassett Furniture Industries, Incorporated was founded in 1902 and is based in Bassett, Virginia.