BSET News and Press, Bassett Furniture Industries Incorporated From 03/12/21

Bassett has 64% further upside; the stock has gone up 100% since our recommendation of the stock in early September 2020. Wholesale orders for the first quarter ended FY02/2021 up 44% YoY, creating a record backlog of orders for the company. It has a huge net cash per share positi...

Bassett Furniture Industries' ([[BSET]] +7.0%) wholesale orders for the quarter ended Feb. 27, 2021stood at $83M a 44% Y/Y increase.Also, wholesale shipping backlog was $67.5M (+362% Y/Y and +23% over the backlog at Nov. 28, 2020)Bassett is also in lease negotiations for a 123K sq. ft ma...

BASSETT, Va., March 10, 2021 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that wholesale orders for the quarter ended February 27, 2021 were $83.0 million a 44% increase over the prior year period. In addition, the Company announced that the wholesal...

32% Revenue CAGR over the last 5-year period [2015-2019]. FY2020e is ~65.0x P/E, suggesting company is overvalued. Growing millennial population will lead to rising housing sales and subsequently more home product purchases. Wayfair has been a positive read through for residen...

Bassett now has a $54.9 million record backlog - its wholesale backlog has increased substantially by 47% sequentially. The stock has gone up almost 90% since September, we have revised-up our price target for a total return potential of 51%. Record EPS in 4Q FY11/2020 smashes Str...

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Bassett Furniture (BSET): Q4 GAAP EPS of $0.65 beats by $0.20.Revenue of $118.38M (+4.2% Y/Y) misses by $0.22M.CEO comment: "Looking ahead, we plan to invest in technology and our domestic manufacturing and logistics platforms in 2021 while maintaining a strong balance sheet and returning cap...

BASSETT, Va., Jan. 14, 2021 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has declared a regular quarterly dividend of $0.125 per share of common stock, payable on February 26, 2021 to shareholders of record at the close of...

My portfolio returned +93% in 2020. This return was achieved despite maintaining at least 50% in cash since July 1, 2020. Also, my returns weren't juiced via call options. If investors deftly managed the March 2020 and April 2020 drawdown, it was exceptionally easily to make money fro...

Hooker had a record EPS of $0.84 for the fiscal third quarter, soundly beating expectations. Based on these very encouraging earnings, we have revised our price target to $51.40, representing 55% total return potential. Backlogs were up a staggering 88%, and Incoming orders were u...