Bassett Furniture Industries Inc - Company Profile
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Bassett Furniture Industries Inc (Bassett) specializes in the manufacturing and retailing of home furnishings. The company's product portfolio includes accent pillows, chairs, furniture, rugs, home decor, lamps, bedding products, slipcovers, and sectionals. The company offers services including logistics, repair and support and online retail. Bassett markets its products under the Bassett and Bassett Home Furnishings brands. It operates licensee-owned and company-owned retail Bassett home furnishing stores. Bassett also retails products through independent furniture retail stores. Bassett operates owned and leased manufacturing facilities in Haleyville, Alabama, and Martinsville and Bassett, Virginia in the US. Bassett is headquartered in Bassett, Virginia, the US.
Headquarters
United States of America
Address
3525 Fairystone Park Highway, Bassett, Virginia, 24055
Website
www.bassettfurniture.com
Telephone
1 276 6296000
No of Employees
1,194
Industry
Retailing
Ticker Symbol & Exchange
BSET (NASD)
Revenue (2024)
$335.3M
1.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
162.9%
(2024 vs 2023)
Market Cap*
$162.5M
Net Profit Margin (2024)
XYZ
161.9%
(2024 vs 2023)
* As of and is in US$
Bassett Furniture Industries Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Sofas | Logistics | Bassett Home Furnishings (BHF) |
| Sectionals | Repair and Support | Bassett |
| Chairs | Online Retailing | |
| XYZ | ||
| XYZ | ||
| XYZ |
Competitor Comparison
| Key Parameters | Bassett Furniture Industries Inc | Costco Wholesale Corp | Somnigroup International Inc | RH | Hooker Furnishings Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Bassett | Issaquah | Lexington | Corte Madera | Martinsville |
| State/Province | Virginia | Washington | Kentucky | California | Virginia |
| No. of Employees | 1,194 | 341,000 | 19,000 | 5,690 | 1,034 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Robert H. Spilman, Jr. | Chairman; Chief Executive Officer; President | Executive Board | 2016 | 69 |
| John E. Bassett III | Chief Operating Officer; Senior Vice President | Senior Management | 2019 | 67 |
| Bruce R. Cohenour | Chief Sales Officer; Senior Vice President | Senior Management | 2019 | 67 |
| J. Michael Daniel | Chief Financial and Administrative Officer; Vice President | Senior Management | 2019 | 64 |
| Jay R. Hervey | General Counsel; Secretary; Vice President | Senior Management | 1997 | 65 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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