Bassett Furniture Industries, Incorporated

NasdaqGS BSET

Bassett Furniture Industries, Incorporated Net Income Margin for the Trailing 12 Months (TTM) ending November 30, 2024: -3.31%

Bassett Furniture Industries, Incorporated Net Income Margin is -3.31% for the Trailing 12 Months (TTM) ending November 30, 2024, a -306.71% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.

Bassett Furniture Industries, Incorporated Net Income Margin for the Trailing 12 Months (TTM) ending November 25, 2023 was -0.81%, a -106.16% change year over year.
Bassett Furniture Industries, Incorporated Net Income Margin for the Trailing 12 Months (TTM) ending November 26, 2022 was 13.19%, a 255.76% change year over year.
Bassett Furniture Industries, Incorporated Net Income Margin for the Trailing 12 Months (TTM) ending November 27, 2021 was 3.71%, a 237.31% change year over year.
Bassett Furniture Industries, Incorporated Net Income Margin for the Trailing 12 Months (TTM) ending November 28, 2020 was -2.70%, a -533.27% change year over year.

Key data

Date	Net Income Margin	EBITDA Margin	EBIT Margin	EBITDA

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 Furniture Apparel & Fashion Consumer Packaged Goods Restaurants Retail & Wholesale Specialty Retail

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.

Key trends

Past 5 years