Bassett Furniture Industries, Incorporated Reports Earnings Results for the Second Quarter and Six Months Ended May 27, 2023
June 29, 2023 at 09:13 am EDT
Bassett Furniture Industries, Incorporated reported earnings results for the second quarter and six months ended May 27, 2023. For the second quarter, the company reported net income was USD 2.08 million compared to USD 47.12 million a year ago. Basic earnings per share from continuing operations was USD 0.24 compared to USD 0.81 a year ago. Diluted earnings per share from continuing operations was USD 0.24 compared to USD 0.81 a year ago. Basic earnings per share was USD 0.24 compared to USD 4.95 a year ago. Diluted earnings per share was USD 0.24 compared to USD 4.94 a year ago.
For the six months, net income was USD 3.52 million compared to USD 52.69 million a year ago. Basic earnings per share from continuing operations was USD 0.4 compared to USD 1.25 a year ago. Diluted earnings per share from continuing operations was USD 0.4 compared to USD 1.25 a year ago. Basic earnings per share was USD 0.4 compared to USD 5.47 a year ago. Diluted earnings per share was USD 0.4 compared to USD 5.47 a year ago.