Bassett Furniture

Bassett Furniture Industries, Incorporated is a manufacturer, importer and retailer of home furnishings. The Company's segments include Wholesale, Retail - Company-owned stores and Logistical services. Its wholesale home furnishings segment is involved in the design, manufacture, sourcing, sale and distribution of furniture products to a network of Bassett stores (licensee-owned stores and Company-owned stores) and independent furniture retailers. Its retail segment consists of Company-owned stores. It operates its logistical services segment through its subsidiary, Zenith Freight Lines, LLC, which provides shipping, delivery and warehousing services. Its portfolio of products includes Canopy Bed, Nightstands, Baby Bedding, Bedside Tables, Chaise Lounge, Writing Desks, Kitchen Furniture, Computer Hutch, Game Tables and Fabric Ottomans. Its range of furniture products and accessories are sold through a nation-wide network of over 90 retail stores known as Bassett Home Furnishings.
Company Growth (employees)
Type
Public
HQ
Bassett, US
Founded
1892
Size (employees)
2,487 (est)
Bassett Furniture was founded in 1892 and is headquartered in Bassett, US

Bassett Furniture Office Locations

Bassett Furniture has an office in Bassett
Bassett, US (HQ)
3525 Fairystone Park Hwy

Bassett Furniture Financials and Metrics

Bassett Furniture Financials

Bassett Furniture's revenue was reported to be $432 m in FY, 2016
USD

Net income (Q2, 2017)

5.8 m

EBIT (Q2, 2017)

7.6 m

Market capitalization (19-Oct-2017)

417.9 m

Cash (27-May-2017)

29.8 m
Bassett Furniture's current market capitalization is $417.9 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

321.3 m340.7 m430.9 m432 m

Revenue growth, %

6%26%0%

EBIT

26 m28.2 m

EBIT margin, %

6%7%
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

85.2 m

Cost of goods sold

40.2 m

Gross profit

45 m

Gross profit Margin, %

53%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

12.7 m26.7 m36.3 m35.1 m

Inventories

53.1 m57.3 m59.9 m53.2 m

Current Assets

126.4 m135.4 m147.3 m140.6 m

PP&E

64.3 m74.8 m96.1 m104.7 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

19.4 m12.3 m22.5 m20.6 m25.1 m29.7 m28.1 m23.5 m29.8 m

Accounts Receivable

15.9 m17.7 m20.3 m19.5 m19.7 m19 m19.3 m18.5 m19.5 m

Inventories

54.2 m61.7 m63 m65.4 m57.5 m54.8 m53.4 m55.5 m58.1 m

Current Assets

126 m133.5 m144.7 m142.4 m133.6 m134.9 m135.4 m130.2 m139.1 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

5.1 m9.3 m20.4 m15.8 m

Depreciation and Amortization

6.2 m7.3 m10.1 m12.2 m

Accounts Receivable

(686 k)775 k(2.4 m)3.2 m

Inventories

4.8 m(4.2 m)(2.6 m)6.7 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

2.3 m6 m4.5 m4.3 m3.2 m3.4 m4.2 m2.9 m5.8 m

Accounts Receivable

20.3 m19.5 m19.7 m19 m19.3 m18.5 m19.5 m

Inventories

63 m65.4 m57.5 m54.8 m53.4 m55.5 m58.1 m

Accounts Payable

24.8 m21.6 m20.2 m20.2 m19.6 m18.4 m20.9 m
Y, 2017

Financial Leverage

1.5 x
Show all financial metrics

Bassett Furniture Market Value History

Traffic Overview of Bassett Furniture

Bassett Furniture Online and Social Media Presence

Bassett Furniture Company Life and Culture

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