Craft

Bassett Furniture

Stock Price

$14.1

2024-10-29

Market Capitalization

$124.2 M

2024-10-29

Revenue

$329.9 M

FY, 2024

Bassett Furniture Summary

Company Summary

Overview
Bassett Furniture is a retailer, manufacturer, and marketer of home furnishings. The company offers bedroom, dining, upholstery, and occasional furniture, free in-home design visits, and decorating accessories. Its products are sold primarily through a network of branded stores under the Bassett Home Furnishings (BHF) name, with additional distribution through other wholesale channels including multi-line furniture stores, galleries, and design centers.
Type
Public
Status
Active
Founded
1902
HQ
Bassett, VA, US | view all locations
Website
https://www.bassettfurniture.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Robert H. Spilman

    Robert H. Spilman, Chairman of the Board and Chief Executive Officer

    • Brian Claspell

      Brian Claspell, Chief Information Officer

    • J. Michael Daniel

      J. Michael Daniel, Senior Vice President and Chief Financial Officer

    • Peter D. Morrison

      Peter D. Morrison, Vice President, Chief Creative Officer

    Operating MetricsView all

    Backlog (Wholesale)

    $11.6M
    13.7%

    Q3, 2019

    Company-owned Stores (Bassett Home Furnishings)

    71
    10.9%

    Q3, 2019

    Stores (Bassett Home Furnishings)

    104
    8.3%

    Q3, 2019

    LocationsView all

    98 locations detected

    • Bassett, VA HQ

      United States

      3525 Fairystone Park Hwy

    • Annapolis, MD

      United States

      1906 Towne Centre Blvd

    • Appleton, WI

      United States

      315 Allegiance Ct

    • Atlanta, GA

      United States

      120 Perimeter Center W #400

    • Austin, TX

      United States

      7801 Burnet Rd

    • Baton Rouge, LA

      United States

      11655 Reiger Rd

    and 92 others

    Bassett Furniture Financials

    Summary Financials

    Revenue (FY, 2024)
    $329.9M
    Gross profit (FY, 2024)
    $179.4M
    Net income (FY, 2024)
    ($9.7M)
    Cash (FY, 2024)
    $39.6M
    EBIT (FY, 2024)
    ($16.3M)
    Enterprise value
    $189.7M

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