BSET

#3908
Bassett Furniture Industries I
14.23 USD
+0.92%
Sector: Consumer Cyclical
Base: USD
Profit Currency: USD
Daily Range
14.23
14.29
Year Range
13.17
19.75
Daily Change
+0.92%
Monthly Change
+1.28%
6 month change
-9.94%
Year Change
-16.15%
Previous Close
14.10
Open
14.29
Bid
Ask
Low
14.23
High
14.29
Volume
5
Open full chart

Financials

Overview Statement Statistics Dividends
Quarterly Annual
  • Market Capitalization 123.05 M
  • Employee 1 194
  • Founded N/A
  • CEO Robert Spilman Jr.
  • Website www.bassettfurniture.com
  • Headquarter Virginia, United States
  • FIGI BBG000BDRR63
  • Industry Technology
Total revenue
Net income
Basic earnings per share (Basic EPS)
Total debt
Free cash flow
Cash & equivalents
Price to earnings ratio
24.02
Price to sales ratio
0.4
Dividends per share
0.2
Dividend yield %
9.4

Bassett Furniture Industries Incorporated

Bassett Furniture Industries, Inc. is a furniture manufacturer and retailer, headquartered in Bassett, Virginia, United States. It was founded in 1902 by John D. Bassett, Charles C. Bassett, Samuel H. Bassett, and Reed L. Stone. Bassett Furniture is one of the oldest furniture manufacturers in Virginia. The company began when the founders, operating a family sawmill in the foothills of the Blue Ridge Mountains, decided to use surplus lumber to produce bedroom furniture. According to oral history, the idea to pivot from raw lumber to finished furniture was proposed by the founders’ wives, Roxanne A. Hundley and Pocahontas Hundley, and it led to the birth of what would become a nationally recognized brand. Bassett rapidly grew through the early 20th century, becoming a major force in the American furniture industry. By the 1920s, it was shipping products throughout the eastern United States. During World War II, the company contributed to the war effort by manufacturing wooden truck beds for U.S. military vehicles, including the GMC CCKW. Bassett's wartime production significantly expanded its manufacturing capabilities and footprint.

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