Company Bassett Furniture Industries, Incorporated

Equities

BSET

US0702031040

Home Furnishings

Market Closed - Nasdaq 04:30:00 2024-03-18 pm EDT 5-day change 1st Jan Change
14.8 USD +1.30% Intraday chart for Bassett Furniture Industries, Incorporated -3.52% -10.84%

Business Summary

Bassett Furniture Industries, Incorporated is a retailer, manufacturer, and marketer of home furnishings. The Company's Wholesale home furnishings segment is involved principally in the design, manufacture, sourcing, sale, and distribution of furniture products to a network of Bassett Home Furnishings (Company-owned and licensee-owned retail stores) and independent furniture retailers. It includes wood and upholstery operations, which include Lane Venture, as well as all corporate selling, general and administrative expenses, including those corporate expenses related to both Company- and licensee-owned stores. The Company's Retail - Company-owned stores segment consists of Company-owned stores and includes the revenues, expenses, assets and liabilities, and capital expenditures directly related to these stores and the Company-owned distribution network utilized to deliver products to its retail customers. It has approximately 58 Company-owned stores and 33 licensee-owned stores.

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 8,817,298 7,988,413 ( 90.60 %) 0 90.60 %

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 % 5 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 % 3 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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