Company Bassett Furniture Industries, Incorporated

Equities

BSET

US0702031040

Home Furnishings

Real-time Estimate Cboe BZX 02:52:20 2024-04-26 pm EDT 5-day change 1st Jan Change
13.28 USD -1.37% Intraday chart for Bassett Furniture Industries, Incorporated +0.92% -20.30%

Business Summary

Bassett Furniture Industries, Incorporated is a retailer, manufacturer and marketer of home furnishings. Its products are sold through a network of Company-owned and licensee-owned stores under the Bassett Home Furnishings (BHF) name. Its segments include Wholesale, Retail-Company-owned stores and Corporate and other. The Wholesale segment is involved in the design, manufacturing and sourcing of furniture products that are distributed through its BHF store network (both Company-owned and licensee-owned stores) and various independent retailers. The Wholesale segment includes its wood and upholstery operations, such as Lane Venture. The Retail-Company-owned stores segment consists of 56 BHF stores that provide consumers with a friendly and casual environment for buying furniture and accessories. It also has a traditional wholesale business with over 700 accounts on the open market, across the United States and internationally and a logistics business specializing in home furnishings.

Number of employees: 1,389

Sales per Business

USD in Million2022Weight2023Weight Delta
Retail
60.5 %
287 59.1 % 236 60.5 % -17.77%
Wholesale
37.3 %
199 40.9 % 145 37.3 % -26.82%
Corporate and Other Segment
2.3 %
- - 9 2.3 % -

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
486 100.0 % 390 100.0 % -19.66%

Managers

Managers TitleAgeSince
Chief Executive Officer 67 83-12-31
Director of Finance/CFO 62 06-12-31
Chief Tech/Sci/R&D Officer - 18-12-31
Chief Operating Officer 65 80-12-31
Public Communications Contact - 96-02-29
Human Resources Officer - -
Sales & Marketing 65 10-12-31
Corporate Officer/Principal 70 14-12-31
Comptroller/Controller/Auditor - 10-05-31
General Counsel 64 96-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 64 03-12-31
Director/Board Member 73 11-10-10
Director/Board Member 65 16-07-12
Director/Board Member 71 03-12-31
Director/Board Member 57 06-12-31
Chief Executive Officer 67 83-12-31
Director/Board Member 61 18-03-12
Director/Board Member 63 20-10-11

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 8,828,751 8,160,040 ( 92.43 %) 0 92.43 %

Shareholders

NameEquities%Valuation
Dimensional Fund Advisors LP
8.387 %
738,964 8.387 % 11 M $
GAMCO Asset Management, Inc.
6.633 %
584,477 6.633 % 9 M $
Aegis Financial Corp.
5.409 %
476,643 5.409 % 7 M $
Vanguard Global Advisers LLC
5.206 %
458,719 5.206 % 7 M $
Renaissance Technologies LLC
3.909 %
344,445 3.909 % 5 M $
Acadian Asset Management LLC
3.699 %
325,899 3.699 % 5 M $
291,386 3.307 % 4 M $
Gabelli Funds LLC
2.406 %
212,000 2.406 % 3 M $
LSV Asset Management
2.299 %
202,582 2.299 % 3 M $
BlackRock Institutional Trust Co. NA
1.889 %
166,463 1.889 % 2 M $

Company contact information

Bassett Furniture Industries, Inc.

3525 Fairystone Park Highway

24055, Bassett

+

http://www.bassettfurniture.com
address Bassett Furniture Industries, Incorporated(BSET)
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