Bassett Furniture Industries

BSET · NASDAQ

$21.44−$0.29 (−1.33%)TodayMarket closed ·
Prev close $21.73

About BSET

Bassett Furniture Industries, Inc. engages in manufacturing, marketing, and retailing home furnishings. The company is headquartered in Bassett, Virginia and currently employs 1,194 full-time employees. Its products are sold through a network of Company-owned and licensee-owned branded stores under the Bassett Home Furnishings (BHF) name. Its segments include Wholesale and Retail-Company-owned stores. The Wholesale segment is involved in the design, manufacturing and sourcing of furniture products that are distributed through its BHF store network (both Company-owned and licensee-owned stores) and various independent retailers. The Retail-Company-owned stores segment consists of 58 BHF stores that provide consumers with a friendly and casual environment for buying furniture and accessories. The BHF stores feature custom order furniture, free in-home or virtual design visits (home makeovers) and coordinated decorating accessories. The company also has a traditional wholesale business with more than 700 accounts on the open market, across the United States and internationally.

Employees
1,194
Headquarters
Bassett, Virginia
Listed
Sep 16, 1954
Sector
Consumer Discretionary
Industry
Household Durables

Leadership

Bassett Furniture Industries executives
NameTitleSince
Robert Spilman—1997
John Daniel——
John Bassett——
Bruce Cohenour——
Jay Hervey——
William Warden——
Emma Battle——
John Belk——
Kristina Cashman——
James Goergen——
Virginia Hamlet——
J. Walter McDowell——
The Hon. Sen. William Wampler——

Revenue by product and region

Fiscal year ended Nov 29, 2014: $340.74M total revenue

By product

  • Wholesale Segment [Member]$223.99M65.7%
  • Retail Segment [Member]$216.63M63.6%

Suppliers and customers

Price correlation is over one year: 1 means the stocks move together, -1 opposite

Bassett Furniture Industries suppliers and customers
CompanyRelationshipCorrelation
Leggett & Platt LEGSupplier0.76
Tempur Sealy Intl TPXSupplier and customer0.17

Similar companies

Companies in the same industry as Bassett Furniture Industries

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