Bassett Furniture Industries, Incorporated
NASDAQ Global SelectCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Robert H. Spilman Jr.
- Full Time Employees
- 1,194
- Sector
- Consumer Cyclical
- Industry
- Furnishings, Fixtures & Appliances
- Address
- 3525 Fairystone Park Highway Bassett VA United States of America 24055
- IPO Date
- Mar 17, 1980
- CIK
- 0000010329
- Website
- bassettfurniture.com
- Similar Companies
- Business
- Bassett Furniture Industries, Incorporated (NYSE: BSET) designs, manufactures, and retails upscale home furnishings through a network of company-owned stores, independently owned Bassett stores, and Bassett Gallery locations within specialty furniture stores. The company offers a broad range of products including bedroom, dining room, living room, and home office furniture; upholstery featuring customizable fabrics and leathers under brands such as MotionCraft Upholstery and La-Z-Boy; mattresses and accessories; and interior design services provided by in-store design associates. Bassett operates primarily in the United States with over 80 retail locations across 30 states and an e-commerce platform, targeting middle- to upper-income consumers seeking customizable, high-quality furniture. Founded in 1902 and headquartered in Bassett, Virginia, the company serves residential customers through its integrated retail model that emphasizes personalized design consultations and made-to-order production. Bassett maintains manufacturing facilities in Virginia and North Carolina, sourcing wood and other materials domestically where possible to support its "American-made" positioning in the competitive home furnishings industry. Subsidiaries include Bassett Direct and various design centers, with no major parent company affiliations. In recent developments, Bassett Furniture Industries completed the acquisition of American Drew and Statmore in early 2024, expanding its wholesale offerings in casegoods and bedroom furniture to strengthen its dealer network. The company launched enhanced customization options for its upholstery lines in mid-2025, partnering with key suppliers to incorporate sustainable materials amid growing consumer demand for eco-friendly products. Additionally, Bassett announced a strategic alliance with regional retailers in the Southeast to open five new Bassett Galleries by year-end 2025, marking an operational expansion focused on underserved markets.
Company News
Critical Analysis: Bassett Furniture Industries (NASDAQ:BSET) vs. Aterian (NASDAQ:ATER)
Bassett Announces Third Quarter Conference Call
2 Furniture Stocks to Buy on Industry's Digital Transformation Trends
Is Bassett Furniture Industries (BSET) Stock Outpacing Its Consumer Discretionary Peers This Year?
New Strong Buy Stocks for August 21st
Best Income Stocks to Buy for August 21st
Are Consumer Discretionary Stocks Lagging Bassett Furniture Industries (BSET) This Year?
Doug Bergeron Launches Campaign to Revitalize Growth at Ethan Allen and Nominates Alternative Slate of Director Candidates
3 Stocks Showing Breakout Potential Ahead of August
Are Consumer Discretionary Stocks Lagging AMC Entertainment (AMC) This Year?
5 Top Stocks With Relative Price Strength to Buy Right Now
Bassett Announces Regular Quarterly Dividend
4 Top-Ranked Stocks With Solid Net Profit Margins to Boost Your Gains
5 Broker-Liked Stocks to Watch Amid the Middle East's Uneasy Calm
Bassett Furniture Industries Q2 Earnings Call Highlights
What Makes Bassett (BSET) a Good Fit for 'Trend Investing'
Bassett Furniture (BSET)'s Technical Outlook is Bright After Key Golden Cross
Bull of the Day: Bassett Furniture (BSET)
Best Momentum Stock to Buy for July 7th
Are Consumer Discretionary Stocks Lagging AMC Entertainment (AMC) This Year?