OverviewSuggest Edit

Bassett Furniture manufactures, markets, and retails home furnishings in the United States. The Company operates in three segments: Wholesale, Retail, and Logistical Services. It is involved in the design, manufacture, sourcing, sale, and distribution of furniture products to a network of company-owned and licensee-owned Bassett Home Furnishings (BHF) retail stores, as well as independent furniture retailers; and wood and upholstery operations. Bassett Furniture also provides shipping, delivery, and warehousing services to customers in the furniture industry.
TypePublic
Founded1892
HQBassett, US
Websitebassettfurniture.com
Employee Ratings3.4

Latest Updates

Employees (est.) (Feb 2019)2,574(-1%)
Job Openings155
Revenue (FY, 2016)$432 M
Share Price (Mar 2019)$18.4 (-3%)

Bassett Furniture Office Locations

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

Bassett Furniture Revenue

Bassett Furniture's revenue was reported to be $432.04 m in FY, 2016 which is a 0.3% increase from the previous period.
USD

Net income (FY, 2018)

8.2m

EBIT (FY, 2018)

14.1m

Market capitalization (12-Mar-2019)

193.3m

Closing stock price (12-Mar-2019)

18.4

Cash (24-Nov-2018)

33.5m

EV

160.2m
Bassett Furniture's current market capitalization is $193.3 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

321.3m340.7m430.9m432.0m

Revenue growth, %

6%26%0%

EBIT

26.0m28.2m27.0m14.1m

EBIT margin, %

6%7%
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

77.2m75.6m85.2m85.2m

Cost of goods sold

38.4m35.4m39.9m40.2m

Gross profit

38.7m40.3m45.3m45.0m

Gross profit Margin, %

50%53%53%53%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

12.7m26.7m36.3m35.1m53.9m33.5m

Accounts Receivable

Inventories

53.1m57.3m59.9m53.2m54.5m64.2m

Current Assets

126.4m135.4m147.3m140.6m159.4m148.5m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

8.9m14.5m16.9m19.4m12.3m22.5m20.6m25.1m29.7m28.1m23.5m29.8m36.5m24.3m22.5m25.8m

Accounts Receivable

16.2m14.6m15.0m15.9m17.7m20.3m19.5m19.7m19.0m19.3m18.5m19.5m19.5m21.5m20.6m19.5m

Inventories

58.5m53.8m52.7m54.2m61.7m63.0m65.4m57.5m54.8m53.4m55.5m58.1m57.7m63.7m62.1m63.7m

Current Assets

128.7m121.8m122.7m126.0m133.5m144.7m142.4m133.6m134.9m135.4m130.2m139.1m145.7m142.3m138.9m140.3m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

5.1m9.3m20.4m15.8m18.3m8.2m

Depreciation and Amortization

6.2m7.3m10.1m12.2m13.3m13.2m

Inventories

4.8m(4.2m)(2.6m)6.7m(918.0k)(6.0m)

Accounts Payable

(2.6m)5.1m(3.6m)4.1m3.4m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

556.0k843.0k3.4m5.7m6.0m10.5m14.8m3.2m6.6m10.8m2.9m8.7m13.3m(913.0k)3.4m6.3m

Depreciation and Amortization

1.7m3.4m5.4m4.7m7.3m2.8m5.6m8.9m3.4m6.7m10.1m3.3m6.7m9.9m

Inventories

(776.0k)367.0k(1.2m)(5.7m)(8.2m)2.4m5.1m6.5m(1.9m)(4.5m)(4.2m)(5.4m)(3.7m)(5.3m)

Accounts Payable

(29.0k)(156.0k)2.6m3.9m2.2m(6.6m)(5.9m)(6.2m)(5.3m)(211.0k)654.0k588.0k(3.0m)196.0k
USDY, 2018

EV/EBIT

11.4 x

EV/CFO

5.6 x

Financial Leverage

1.5 x
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Bassett Furniture Online and Social Media Presence

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Bassett Furniture News and Updates

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Bassett Furniture Frequently Asked Questions

  • When was Bassett Furniture founded?

    Bassett Furniture was founded in 1892.

  • How many employees does Bassett Furniture have?

    Bassett Furniture has 2,574 employees.

  • Who are Bassett Furniture competitors?

    Competitors of Bassett Furniture include Mohawk Industries, Wayfair and Victoria Plum.

  • Where is Bassett Furniture headquarters?

    Bassett Furniture headquarters is located at 3525 Fairystone Park Hwy, Bassett.

  • Where are Bassett Furniture offices?

    Bassett Furniture has an office in Bassett.

  • How many offices does Bassett Furniture have?

    Bassett Furniture has 1 office.