TITLE

Bassett posts smaller loss

AUTHOR(S)
Evans, Gary
PUB. DATE
July 2008
SOURCE
Furniture/Today;7/21/2008, Vol. 32 Issue 45, p94
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the $391,000 or 3 cents' share lost of Bassett Furniture Industries Inc. in Virginia. The company has a smaller share lost compared to the prior years. Due to an accounting change, there was an increased by company's revenue of $4.1 million. According to Bassett the company-owned stores had gained by 12% of its retail sales but apparently its wholesale sales' revenue had decreased with 2%. It is reported that the company has a net income of $126,000 or 1 cent per share.
ACCESSION #
33287804

 

Related Articles

  • Bassett sees 20% sales decline in 2Q.  // Furniture/Today;6/25/2001, Vol. 25 Issue 41, p78 

    Focuses on the financial performance of Bassett Furniture Industries for the second quarter ended May 26, 2001. Earnings per share; Sales.

  • Basset posts $117,000 2Q profit. Thomas, Larry // Furniture/Today;7/19/2010, Vol. 34 Issue 44, p1 

    The article reports that Bassett Furniture Industries Inc. in Bassett, Virginia has posted a 117,000 dollars profit on its financial statement for the second quarter which ended on May 29, 2010 due to higher gross margins in its retail and wholesale segments.

  • Bassett turns profit for year.  // Furniture/Today;1/13/2003, Vol. 27 Issue 19, p82 

    Reports the growth in the sales of Bassette Furniture Industries Inc. in Bassett, Virginia. Net income; Factor contributing to the sales increase; Gross profit improvements.

  • Bassett 1Q income leaps 29.3% as sales rise 2.7%.  // Furniture/Today;4/1/2002, Vol. 26 Issue 30, p81 

    Reports the increasing corporate profits of Bassett Furniture in the U.S. Growth of the operating income; Improvement of earnings in the Upholstery Division; Reduction of investment losses.

  • Bassett rebounds to profit as sales soar 31% in 1Q. Mcintosh, Jay // Furniture/Today;4/8/2013, Vol. 37 Issue 32, p90 

    The article informs that the sales profit of Bassett, Virginia-based Bassett Furniture Industries Inc. has increased by 31 percent in the first quarter of the financial year 2013. It mentions that the company's revenue has increased by 22 percent and the main reason behind the growth is...

  • Bassett sales up 14% in fourth quarter. THOMAS, LARRY // Furniture/Today;1/26/2015, Vol. 39 Issue 22, p31 

    The article reports on the rise in sales of Bassett Furniture Industries during the fourth-quarter performance ended on November 29, 2014 along with the comments of the firm's president Rob Spilman on the same and a table comparing earnings per share of the company for the year 2013 and 2014.

  • Bassett sales off 13.1%, earnings down 48.3%.  // Furniture/Today;04/02/2001, Vol. 25 Issue 30, p82 

    Reports on financial results for United States-based Bassett Furniture Industries in the quarter ended February 24, 2001. Drop in sales; Net earnings.

  • Bassett back in black despite 5% sales dip.  // Furniture/Today;10/6/2003, Vol. 28 Issue 6, p127 

    Reports on the sales performance of Bassett Furniture Industries Inc. in Bassett, Virginia for the third quarter of 2003. Total earnings of the earnings per share; Percentage of the net income; Operating income of the company.

  • Bassett Furniture sales rise 10.4% as earnings quadruple. THOMAS, LARRY // Furniture/Today;10/6/2014, Vol. 39 Issue 6, p94 

    The article reports increase in sales and earnings of Bassett Furniture Industries in the quarter ending on August 30, 2014 along with the views of its chief executive oficer (CEO) Rob Spilman on executing their strategy which resulted in increase in its comparable store sales.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics