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Bassett Furniture is a leading home furniture retailer, manufacturer, and marketer in the United States. I believe that it is a great moment to review the business model because demand appears to be normalizing, and shortage of raw materials continues to improve.
Bassett (BSET) delivered earnings and revenue surprises of -11.11% and 2.11%, respectively, for the quarter ended February 2023. Do the numbers hold clues to what lies ahead for the stock?
Bassett (BSET) to ail from supply chain headwinds and inflationary woes.
Bassett (BSET) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Bassett (BSET) delivered earnings and revenue surprises of 117.86% and 9.82%, respectively, for the quarter ended November 2022. Do the numbers hold clues to what lies ahead for the stock?
This is our 3rd Portfolio stock to receive a takeover offer in past 3 months, with Pzena Investment Management [PZN] being acquired for a 66% premium in August. BSET receives 2 bids, including a $21.00 all-cash offer [a 27% stock price premium] – but BSET has rejected the offer as being opportunistic.
Bassett Furniture Industries Inc. BSET, +13.57% rallied 15% in early trades Tuesday after CSC Generation Holdings Inc. offered to buy the company for $21 a share. CSC Generation said it's making the offer public because the company “has been unwilling to engage with us in any meaningful way.
Bassett (BSET) delivered earnings and revenue surprises of 31.25% and 1.37%, respectively, for the quarter ended August 2022. Do the numbers hold clues to what lies ahead for the stock?
Here is how Bassett Furniture (BSET) and Caleres Inc. (CAL) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.