Bassett Furniture is a manufacturer and retailer specializing in high-quality, stylish home furnishings
The company designs, produces, and sells a wide range of products including sofas, chairs, and dining sets, with a focus on craftsmanship and customizability. Through its network of showrooms and online platform, Bassett Furniture offers customers the ability to personalize their selections, ensuring that each piece fits seamlessly into their home decor. With a commitment to sustainability and responsible sourcing, Bassett aims to create durable and aesthetically pleasing furniture that enhances the living spaces of its customers.
BSET stock results show that Bassett Furniture Indus missed analyst estimates for earnings per share and missed on revenue for the second quarter of 2024.
U.S. stocks traded lower this morning, with the Dow Jones dropping more than 100 points on Tuesday. Following the market opening Tuesday, the Dow traded down 0.31% to 33,524.12 while the NASDAQ fell 0.11% to 11,352.46. The S&P 500 also fell, dropping, 0.30% to 4,007.66.
According to Benzinga Pro, during Q3, Bassett Furniture Indus (NASDAQ:BSET) earned $7.63 million, a 83.81% increase from the preceding quarter. Bassett Furniture Indus's sales decreased to $118.01 million, a 8.31% change since Q2.
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