Bassett Furniture Industries, Incorporated

NasdaqGS BSET

Bassett Furniture Industries, Incorporated Net Cash Used For Investing Activities for the Trailing 12 Months (TTM) ending August 31, 2024: USD -8.07 M

Bassett Furniture Industries, Incorporated Net Cash Used For Investing Activities is USD -8.07 M for the Trailing 12 Months (TTM) ending August 31, 2024, a 65.72% change year over year. Net cash used for investing activities is total cash inflows and outflows related to activities intended to generate future income and cash flows from investments.
  • Bassett Furniture Industries, Incorporated Net Cash Used For Investing Activities for the Trailing 12 Months (TTM) ending August 26, 2023 was USD -23.55 M, a -133.30% change year over year.
  • Bassett Furniture Industries, Incorporated Net Cash Used For Investing Activities for the Trailing 12 Months (TTM) ending August 27, 2022 was USD 70.71 M, a 757.20% change year over year.
  • Bassett Furniture Industries, Incorporated Net Cash Used For Investing Activities for the Trailing 12 Months (TTM) ending August 28, 2021 was USD -10.76 M, a -69.81% change year over year.
  • Bassett Furniture Industries, Incorporated Net Cash Used For Investing Activities for the Trailing 12 Months (TTM) ending August 29, 2020 was USD -6.34 M, a 44.93% change year over year.
Key data
Date Net Cash Used For Investing Activities Net Cash Used Provided By Financing Activities Dividends Paid Capital Expenditure
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NasdaqGS: BSET

Bassett Furniture Industries, Incorporated

CEO Mr. Robert H. Spilman Jr.
IPO Date March 17, 1980
Location United States
Headquarters 3525 Fairystone Park Highway
Employees 1,389
Sector Consumer Discretionary
Industries
Description

Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. It operates through three segments: Wholesale, Retail –company-owned Stores, and Logistical Services. The company engages in the design, manufacture, sourcing, sale, and distribution of furniture products to a network of company-owned retail stores and licensee-owned stores, and independent furniture retailers; and wood and upholstery operations. As of November 27, 2021, it operated a network of 63 company-owned stores and 34 licensee-owned stores. It also provides shipping, and warehousing services to customers in the furniture industry. In addition, the company owns and leases retail store properties; and distributes its products through other multi-line furniture stores, Bassett galleries or design centers, mass merchants, and specialty stores, as well as sells its products online. Bassett Furniture Industries, Incorporated was incorporated in 1902 and is based in Bassett, Virginia.

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StockViz Staff

January 15, 2025

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