BSET News and Press, Bassett Furniture Industries Incorporated From 07/15/21

Bassett Furniture (BSET) declares $0.14/share quarterly dividend, 12% increase from prior dividend of $0.13.Forward yield 2.26%Payable Aug. 27; for shareholders of record Aug. 13; ex-div Aug. 12.In addition, the Board of Directors has increased the Company’s existing share repurchase a...

BASSETT, Va., July 15, 2021 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has increased the quarterly dividend by 12% by declaring a dividend of $0.14 per share of outstanding common stock payable on August 27, 2021 to shar...

The stock market has been very strong with the S&P 500 up by 8% over the last 3 months. Basset Furniture (BSET), Nu Skin Enterprises (NUS), and Kontoor Brands (KTB) are 3 stocks recently upgraded by the POWR Ratings that should outperform the market. The stock market ha...

Exceptional Q2 nearly 2x consensus estimates, record EPS and backlog, strong outlook. The stock has a net cash position of $6.40, or 24% of the stock price. Bassett is 25% off its recent 52-week highs, and this is a good time to get invested. Lumber prices plummet – a g...

2Q21 Results. Revenue of $124.1 million jumped 94% y-o-y and was up 15% compared to the non-COVID impacted 2Q19. Wholesale sales rose 129.7%, while Retail sales increased 29.3% and Logistics segment revenue was up 7.0%. Bassett reported net income of $6.0M, or $0.60 per share, compared to a ne...

Bassett Furniture (BSET): Q2 GAAP EPS of $0.60 beats by $0.25.Revenue of $124.1M (+94.5% Y/Y) beats by $7.9M.Shares +1.19% PM.Press Release For further details see: Bassett Furniture EPS beats by $0.25, beats on revenue

Bassett Furniture Industries was hit, like most companies, by the COVID-19 pandemic. The company has a high probability of seeing itself turn around, given its own financial condition. Shares aren't the cheapest compared to its peers, but they do look cheap on an absolute basis, a...

An increased focus on remodeling and decorating living spaces as part of a widespread embrace of remote lifestyles has been driving the furniture industry’s growth. Propelled by the industry tailwinds, the price of RH’s (RH) stock has rallied nearly 160% over the past year. The ...

May 19 - 20, 2021 Presentation times and weblinks released for over 60 presenting companies NEW YORK, NY / ACCESSWIRE / May 18, 2021 / Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day spring Microcap Virtual Conference taking place Wedne...

Companies Beginning to Benefit from Increased Leisure Spending   Businesses involved in providing leisure and entertainment are starting to benefit from the rebound in Americans getting out and treating themselves. This means many companies that were hardest hit by Read More ...