News

Bassett Furniture Industries reported revenue of $82.2 million, down 5.1% YoY. Read why I still think maintaining a soft sell ...
BASSETT, Va. — On July, 10, Bassett Furniture Industries Inc. was hit by a substantial cybersecurity breach that led to a halt in manufacturing operations.The company's manufacturing operations ...
BASSETT, Va. – Bassett Furniture released its second quarter earnings earlier this week, which included a 17% decline in sales from last year and a fourth quarterly loss in a row. Several significant ...
Bassett Furniture GAAP EPS of $0.47 beats by $0.51, revenue of $84.3M beats by $1.46M Bassett Furniture cuts jobs, reducing headcount 11% over the past year Seeking Alpha’s Quant Rating on ...
Bassett Furniture is working to get impacted systems back online and is identifying means of continuing offline operations to mitigate disruptions. On the same day the company identified the cyber ...
GALAX — John D. Bassett III is 77 years old, a millionaire since birth who doesn’t really need the stress and aggravation of operating a U.S. furniture-making company in the ...
Bassett Furniture will hold a conference call on April 3, 2025, to discuss Q4 2024 financial results. ... The company offers custom furniture design, free in-home design visits, ...
Bassett Furniture Industries, Incorporated (NASDAQ:BSET) Q1 2025 Earnings Call Transcript April 3, 2025 Operator: Good day, and thank you for standing by. Welcome to the Bassett Furniture ...
Bassett Furniture has announced a series of layoffs and retirements in a bid to better match its cost structure to the current rate of business, the home furniture manufacturer and retailer said in a ...
Bassett Furniture reported $75.6 million in consolidated third quarter sales, a 13.3% decline from last year and a 9% drop from last quarter.It also recorded an operating loss of $6.4 million, its ...