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 Data and Metrics

Bassett Furniture Financial Metrics

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 (18-Aug-2017)

376.4 m

Cash (27-May-2017)

29.8 m
Bassett Furniture's current market capitalization is $376.4 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%

Pre tax profit

31.9 m25.8 m

Net Income

5.1 m9.3 m20.4 m15.8 m
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%

EBIT

3.4 m2.9 m6.7 m7.7 m5.8 m5.9 m7.5 m4.7 m7.6 m

EBIT margin, %

4%

Pre tax profit

3.3 m9.5 m7.2 m7.2 m5.1 m5.3 m6.9 m3.9 m9.1 m

Net Income

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

Total Assets

225.8 m240.7 m282.5 m278.3 m

Accounts Payable

19.9 m22.3 m20.9 m21.3 m

Dividends Payable

2.2 m2.1 m2.2 m3.2 m

Total Debt

22.3 m10.9 m

Current Liabilities

51.4 m66.8 m79.9 m77 m

Non-Current Liabilities

17 m17.1 m25.3 m20.5 m

Total Liabilities

68.4 m83.9 m105.2 m97.6 m

Additional Paid-in Capital

4.6 m255 k

Retained Earnings

104.5 m106.3 m120.9 m129.4 m

Total Equity

157.4 m156.8 m177.4 m180.7 m

Debt to Equity Ratio

0.1 x0.1 x

Debt to Assets Ratio

0.1 x0 x

Financial Leverage

1.4 x1.5 x1.6 x1.5 x
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

PP&E

74.2 m94.6 m95.9 m96.6 m101.8 m104.1 m105.6 m106.8 m106.9 m

Total Assets

230.8 m260.4 m272 m270.6 m273.7 m276.2 m275.5 m269.6 m277.1 m

Accounts Payable

20.4 m19.7 m24.8 m21.6 m20.2 m20.2 m19.6 m18.4 m20.9 m

Dividends Payable

2.1 m2.1 m

Current Liabilities

56.3 m68.9 m74.3 m68.8 m71 m69.3 m67.7 m69.9 m71.6 m

Non-Current Liabilities

17.4 m25.9 m25.9 m25.7 m24.4 m26 m25.6 m17.3 m18.5 m

Common Stock

52.7 m53.8 m54.4 m54.7 m54.5 m54.5 m54.1 m53.6 m53.6 m

Additional Paid-in Capital

2.4 m4.2 m4.9 m3.2 m3.4 m1.9 m224 k410 k

Retained Earnings

105.9 m111.5 m115.1 m118.4 m123.2 m125.6 m128.6 m131.2 m135.9 m

Total Equity

157.2 m165.7 m171.8 m176.1 m178.2 m180.9 m182.2 m182.5 m187 m

Financial Leverage

1.5 x1.6 x1.6 x1.5 x1.5 x1.5 x1.5 x1.5 x1.5 x
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

Cash From Operating Activities

10.6 m30 m32.4 m39.1 m

Purchases of PP&E

(14.3 m)(18 m)(14 m)(21.5 m)

Cash From Investing Activities

(39 m)(5.2 m)(19.7 m)(20.8 m)

Cash From Financing Activities

(4.4 m)(10.9 m)(3.1 m)(19.4 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

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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