bassett furniture industries, inc. is a leading manufacturer and marketer of high quality, mid-priced home furnishings. with more than 90 company- and licensee-owned stores, bassett has leveraged its strong brand name in furniture into a network of corporate and licensed stores that focus on providing consumers with a friendly environment for buying furniture and accessories. as part of a licensing program with hgtv home, bassett offers custom-built furniture that is ready for delivery in the home within 30 days. the stores also feature the latest on-trend furniture styles, more than 1,000 upholstery fabrics, free in-home design visits, and coordinated decorating accessories. bassett is also growing its traditional wholesale business with more than 500 accounts on the open market, across the united states and internationally.
Company profile
Ticker
BSET
Exchange
Website
CEO
Robert H. Spilman
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
540135270
BSET stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
3 Apr 24
8-K
Bassett Announces Fiscal First Quarter Results
3 Apr 24
8-K
Submission of Matters to a Vote of Security Holders
7 Mar 24
8-K
Bassett Announces Regular Quarterly Dividend
7 Mar 24
DEF 14A
Definitive proxy
5 Feb 24
ARS
2023 FY
Annual report to shareholders
5 Feb 24
10-K
2023 FY
Annual report
25 Jan 24
8-K
Results of Operations and Financial Condition
25 Jan 24
8-K
Amendments to Articles of Incorporation or Bylaws
16 Jan 24
8-K
Other Events
11 Jan 24
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Nov 22 | Nov 21 | Nov 20 | Nov 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
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Cash on hand (at last report) | 48.01 mm | 48.01 mm | 48.01 mm | 48.01 mm | 48.01 mm | 48.01 mm |
Cash burn (monthly) | 2.20 mm | 1.57 mm | 1.27 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 17.53 mm | 12.54 mm | 10.12 mm | n/a | n/a | n/a |
Cash remaining | 30.48 mm | 35.47 mm | 37.90 mm | n/a | n/a | n/a |
Runway (months of cash) | 13.9 | 22.6 | 29.9 | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
4 Apr 24 | John Walter Mcdowell | Common Stock | Buy | Acquire P | No | No | 14.667 | 1,000 | 14.67 k | 18,463 |
6 Mar 24 | John Walter Mcdowell | Common Stock | Grant | Dispose A | No | No | 15.46 | 2,587 | 40.00 k | 17,463 |
6 Mar 24 | William C Warden JR | Common Stock | Grant | Acquire A | No | No | 15.46 | 2,587 | 40.00 k | 58,139 |
6 Mar 24 | John R Belk | Common Stock | Grant | Acquire A | No | No | 15.46 | 2,587 | 40.00 k | 37,200 |
6 Mar 24 | William C Wampler Jr | Common Stock | Grant | Acquire A | No | No | 15.46 | 2,587 | 40.00 k | 25,507 |