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home / news releases / BSET - Bassett Furniture: Strong Housing Play At 6.9x P/E And 19% FCF Yield


BSET - Bassett Furniture: Strong Housing Play At 6.9x P/E And 19% FCF Yield

Strong 2H and potential for EPS gains going forward

Source: Furniture Today

Bassett (BSET) is a leading retailer, manufacturer and marketer of branded home furnishings. They currently have 99 stores, and the company has been operating for a whopping 118 years. The company had a dismal start to this fiscal year (ending November), with the pandemic and resulting in poor sales for furniture. But the tides are about to change, as record housing numbers in June (existing home sales up +20.7%) and July (housing starts up +22.6%) have brought spikes in

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Stock Information

Company Name: Bassett Furniture Industries Incorporated
Stock Symbol: BSET
Market: NASDAQ
Website: bassettfurniture.com

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