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Bassett Furniture Industries Q1 2024 Earnings Report

Bassett Furniture Industries logo
$15.30 -0.07 (-0.46%)
(As of 12/3/2024 ET)

Bassett Furniture Industries EPS Results

Actual EPS
-$0.14
Consensus EPS
$0.01
Beat/Miss
Missed by -$0.15
One Year Ago EPS
N/A

Bassett Furniture Industries Revenue Results

Actual Revenue
$86.55 million
Expected Revenue
$91.48 million
Beat/Miss
Missed by -$4.93 million
YoY Revenue Growth
N/A

Bassett Furniture Industries Announcement Details

Quarter
Q1 2024
Time
N/A
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Bassett Furniture Industries Earnings Headlines

Lock in this disruptor’s share price before 12/5
Spencer Rascoff co-founded Zillow. Austin Allison sold his company to Zillow for $125M. Now they’ve joined forces to launch a venture transforming the $1.3T vacation home market – and the results are already turning heads. This company is leading the co-ownership revolution, offering buyers a chance to own a fraction of a luxury vacation home instead of the entire thing. It’s a model that’s unlocked new demand and earned them over $100M in gross profits in four years.
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About Bassett Furniture Industries

Bassett Furniture Industries, Incorporated, 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.

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