Company
Bassett Furniture Industries, Incorporated
Headquarters: Bassett, VA, United States
Founded: 1902
Employees: 2,219
CEO: Mr. Robert H. Spilman Jr.
Bassett Furniture Industries, Incorporated Categories
United States Consumer Discretionary Furnishings, Fixtures & AppliancesUnited States Consumer Discretionary United States Furnishings, Fixtures & Appliances
Top Competitors by Market Capitalization
Industry: Furnishings, Fixtures & Appliances
| Company | Market Cap (USD) |
|---|---|
| Haier Smart Home Co Ltd | $27.24 B |
| Fortune Brands Home & Security, Inc. | $9.57 B |
| Tempur Sealy International, Inc. | $8.32 B |
| SEB SA | $6.74 B |
| Whirlpool Corporation | $6.48 B |
Detailed Description
Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. It operates through three segments: Wholesale, Retail Âcompany-owned Stores, and Logistical Services. The company engages in the design, manufacture, sourcing, sale, and distribution of furniture products to a network of company-owned retail stores and licensee-owned stores, and independent furniture retailers; and wood and upholstery operations. As of November 27, 2021, it operated a network of 63 company-owned stores and 34 licensee-owned stores. It also provides shipping, and warehousing services to customers in the furniture industry. In addition, the company owns and leases retail store properties; and distributes its products through other multi-line furniture stores, Bassett galleries or design centers, mass merchants, and specialty stores, as well as sells its products online. Bassett Furniture Industries, Incorporated was incorporated in 1902 and is based in Bassett, Virginia.
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Stocks & Indices
Bassett Furniture Industries, Incorporated has the following listings and related stock indices.
Stock: NASDAQ: BSET wb_incandescent
Product & Services
Home furnishings and fixtures
Key People
Founder(s): J. D. Bassett, Charles C. Bassett, Samuel H. Bassett, and Reed L. Stone
Robert H. Spilman Jr. (CEO)
Financials
Revenue: US$ 452.5 million (2017)
Operating income: US$ 27.02 million (2017)
Net income: US$ 18.26 million (2017)
Total assets: US$ 293.75 million (2017)
Total equity: US$ 191.46 million (2017)