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Bassett Furniture Industries Inc.

299
Mkt Cap
$121.23M
Volume
49,788.00
52W High
$19.75
52W Low
$13.17
PE Ratio
22.65
BSET Fundamentals
Price
$14.02
Prev Close
$14.20
Open
$13.93
50D MA
$14.95
Beta
0.35
Avg. Volume
33,346.81
EPS (Annual)
$0.7018
P/B
0.74
Rev/Employee
$280,804.02
$165.13
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Earnings Recap

• Reported GAAP EPS of $0.13 down -38.10% YoY • Reported revenue of $80.34M down -2.22% YoY • Bassett Furniture Industries expects several initiatives to save an additional $1.5M to $2M annually, with these savings beginning late in the second fiscal quarter.

Bullish

Bassett Furniture Industries is investing in growth initiatives and saw e-commerce sales increase 28%, with strong President's Day event sales and Casegoods segment growth.

Bearish

Bassett Furniture Industries experienced a 2.2% revenue decrease and 80-basis point gross margin decline due to lower sales and a weak residential housing market.

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