BSET Stock Discussion

Bassett Furniture Industries, Incorporated Description

Bassett Furniture Industries, Incorporated manufactures, imports, and retails home furnishings in the United States. The company operates in three segments: Wholesale, Retail, and Investments/Real Estate. The Wholesale segment engages in the design, manufacture, sourcing, sale, and distribution of furniture products to a network of Bassett stores and independent furniture retailers; and is involved in wood and upholstery operations. The Retail segment operates 53 company-owned stores and 33 licensee-owned stores. The Investments and Real Estate segment consists of retail real estate leased or previously leased as licensee stores; and equity investments in Zenith Freight Lines, LLC. Bassett Furniture Industries, Incorporated was founded in 1902 and is based in Bassett, Virginia.

Sector: Consumer Cyclical
Industry: Home Furnishings & Fixtures
Keywords: Retailers Business Economics Furniture Home Furnishings Upholstery Furniture Products