Bassett Furniture Industries Fiscal Q3 Loss Widens, Net Sales Decline

MT Newswires Live
10 Oct 2024

Bassett Furniture Industries (BSET) reported Wednesday fiscal Q3 loss of $0.52 per diluted share, widening from $0.30 a year ago.

Analysts polled by Capital IQ expected a loss of $0.38.

Net sales for the quarter ended Aug. 31 were $75.6 million, down from $87.2 million a year earlier. Analysts expected $80.1 million.

Price: 14.69, Change: -0.01, Percent Change: -0.07

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