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Bassett Furniture

17.70
+0.02000.11%
Volume:23.14K
Turnover:411.92K
Market Cap:154.06M
PE:-23.21
High:18.17
Open:17.95
Low:17.61
Close:17.68
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Company Profile

Company Name:
Bassett Furniture
Exchange:
NASDAQ
Establishment Date:
1902
Employees:
1228
Office Location:
3525 Fairystone Park Highway,PO Box 626,Bassett,Virginia,United States
Zip Code:
24055
Fax:
- -
Introduction:
Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. It operates through two segments: Wholesale and Retail –company-owned Stores. 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 26, 2022, it operated a network of 58 company-owned stores and 33 licensee-owned stores. It also provides 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, and Bassett galleries or design centers, as well as sells its products online. Bassett Furniture Industries, Incorporated was founded in 1902 and is based in Bassett, Virginia.

Directors

Name
Position
Robert H. Spilman, Jr.
Chairman of the Board and President and Chief Executive Officer
William C. Warden, Jr.
Director, Lead Independent Director
Emma S. Battle
Director
J. Walter McDowell
Director
John R. Belk
Director
Kristina Cashman
Director
Virginia W. Hamlet
Director
William C. Wampler, Jr.
Director

Shareholders

Name
Position
Robert H. Spilman, Jr.
Chairman of the Board and President and Chief Executive Officer
Bruce R. Cohenour
Senior Vice President, Chief Sales Officer
J. Michael Daniel
Senior Vice President, Chief Financial and Administrative Officer
John E. Bassett III
Senior Vice President, Chief Operations Officer
Jay R. Hervey
General Counsel, Vice President and Secretary