Company Quick10K Filing
Bassett Furniture
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 10 $149
10-K 2020-01-23 Annual: 2019-11-30
10-Q 2019-10-03 Quarter: 2019-08-31
10-Q 2019-07-02 Quarter: 2019-06-01
10-Q 2019-04-04 Quarter: 2019-03-02
10-K 2019-01-17 Annual: 2018-11-24
10-Q 2018-09-27 Quarter: 2018-08-25
10-Q 2018-06-28 Quarter: 2018-05-26
10-Q 2018-03-28 Quarter: 2018-02-24
10-K 2018-01-18 Annual: 2017-11-25
10-Q 2017-09-28 Quarter: 2017-08-26
10-Q 2017-06-29 Quarter: 2017-05-27
10-Q 2017-03-30 Quarter: 2017-02-25
10-K 2017-01-19 Annual: 2016-11-26
10-Q 2016-09-29 Quarter: 2016-08-27
10-Q 2016-06-30 Quarter: 2016-05-28
10-Q 2016-03-31 Quarter: 2016-02-27
10-K 2016-01-21 Annual: 2015-11-28
10-Q 2015-10-01 Quarter: 2015-08-29
10-Q 2015-07-01 Quarter: 2015-05-30
10-Q 2015-04-09 Quarter: 2015-02-28
10-K 2015-01-22 Annual: 2014-11-29
10-Q 2014-10-02 Quarter: 2014-08-30
10-Q 2014-07-02 Quarter: 2014-05-31
10-Q 2014-04-03 Quarter: 2014-03-01
10-K 2014-01-23 Annual: 2013-11-30
10-Q 2013-10-03 Quarter: 2013-08-31
10-Q 2013-07-09 Quarter: 2013-06-01
10-Q 2013-04-04 Quarter: 2013-03-02
10-K 2013-02-04 Annual: 2012-11-24
10-Q 2012-10-04 Quarter: 2012-08-25
10-Q 2012-07-05 Quarter: 2012-05-26
10-Q 2012-04-05 Quarter: 2012-02-25
10-K 2012-02-03 Annual: 2011-11-26
10-Q 2011-10-06 Quarter: 2011-08-27
10-Q 2011-07-07 Quarter: 2011-05-28
10-Q 2011-04-12 Quarter: 2011-02-26
10-K 2011-02-03 Annual: 2010-11-27
10-Q 2010-10-07 Quarter: 2010-08-28
10-Q 2010-07-08 Quarter: 2010-05-29
10-Q 2010-04-08 Quarter: 2010-02-27
10-K 2010-02-12 Annual: 2009-11-28
8-K 2020-01-23 Earnings, Exhibits
8-K 2020-01-16 Other Events, Exhibits
8-K 2020-01-15 Amend Bylaw, Exhibits
8-K 2019-10-10 Other Events, Exhibits
8-K 2019-10-03 Earnings, Exhibits
8-K 2019-09-04 Officers
8-K 2019-07-18 Other Events, Exhibits
8-K 2019-07-02 Earnings, Exhibits
8-K 2019-04-04 Earnings, Exhibits
8-K 2019-03-07 Other Events, Exhibits
8-K 2019-03-06 Shareholder Vote
8-K 2019-01-17 Earnings, Exhibits
8-K 2019-01-17 Earnings, Exhibits
8-K 2019-01-16 Amend Bylaw, Exhibits
8-K 2018-10-04 Other Events, Exhibits
8-K 2018-09-27 Earnings, Exhibits
8-K 2018-07-12 Other Events, Exhibits
8-K 2018-06-28 Earnings, Exhibits
8-K 2018-03-28 Earnings, Exhibits
8-K 2018-03-08 Other Events, Exhibits
8-K 2018-03-07 Officers, Exhibits
8-K 2018-03-07 Amend Bylaw, Exhibits
8-K 2018-03-07 Shareholder Vote
8-K 2018-01-18 Earnings, Exhibits
8-K 2018-01-11 Other Events, Exhibits

Bassett Furniture Financials

BSET Metrics, Comps, Filings

Annual | Quarterly

Business

(dollar amounts in thousands except per share data)

Bassett is a leading retailer, manufacturer and marketer of branded home furnishings. Our products are sold primarily through a network of Company-owned and licensee-owned branded stores under the Bassett Home Furnishings (“BHF”) name, with additional distribution through other wholesale channels including multi-line furniture stores, many of which feature Bassett galleries or design centers. We were founded in 1902 and incorporated under the laws of Virginia in 1930. Our rich 116-year history has instilled the principles of quality, value, and integrity in everything we do, while simultaneously providing us with the expertise to respond to ever-changing consumer tastes and meet the demands of a global economy.

With 97 BHF stores at November 24, 2018 we have leveraged our strong brand name in furniture into a network of Company-owned and licensed stores that focus on providing consumers with a friendly environment for buying furniture and accessories. Our store program is designed to provide a single source home furnishings retail store that provides a unique combination of stylish, quality furniture and accessories with a high level of customer service. In order to reach markets that cannot be effectively served by our retail store network, we also distribute our products through other wholesale channels including multi-line furniture stores, many of which feature Bassett galleries or design centers. We use a network of over 30 independent sales representatives who have stated geographical territories. These sales representatives are compensated based on a standard commission rate. We believe this blended strategy provides us the greatest ability to effectively distribute our products throughout the United States and ultimately gain market share.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Sleep Number (SNBR) 1,217,028 61% 7.5 9% 795,913 953,215 1,609,012 981,015 74,945 162,231 1,215,344
Compass Diversified Holdings (CODI) 948,816 34% 8.2 5% 2,369,626 1,368,845 1,733,469 584,266 109,278 226,604 1,869,374
Interface (TILE) 931,817 36% 10.0 4% 1,454,293 1,102,180 1,310,579 475,615 51,125 152,580 1,519,772
CSW Industrials (CSWI) 862,035 46% 11.1 13% 367,031 90,204 362,933 166,572 49,104 78,995 873,626
Kimball (KBAL) 616,004 33% 8.2 11% 364,666 148,176 768,070 254,552 39,344 65,805 542,328
At Home Group (HOME) 601,084 31% 7.0 2% 2,891,012 2,047,605 1,269,831 391,679 64,968 133,116 930,784
Ethan Allen Interiors (ETH) 550,144 55% 8.9 6% 510,351 146,422 746,684 409,491 31,922 59,806 530,386
Container Store (TCS) 349,194 58% 6.9 2% 1,121,520 860,313 908,790 528,719 24,345 88,061 610,346
Hooker Furniture (HOFT) 248,006 20% 5.6 8% 400,610 133,477 659,715 133,719 30,171 47,360 267,260
Hamilton Beach Brands Holding (HBB) 239,794 25% 12.2 2% 305,739 246,642 732,409 180,746 5,339 19,583 238,663
Tile Shop Holdings (TTS) 201,136 70% 6.6 1% 417,325 279,302 349,017 245,191 2,639 39,258 258,908
Bassett Furniture (BSET) 148,805 60% 6.9 2% 280,501 93,335 458,634 276,275 5,895 19,985 137,224
Flexsteel Industries (FLXS) 134,109 16% -3.6 -13% 254,287 48,860 443,601 69,942 -32,606 -30,936 111,862
Purple Innovation (PRPL) 59,030 39% 17.9 -3% 99,736 103,099 336,066 131,817 -3,236 4,037 72,428
Nova Lifestyle (NVFY) 21,582 17% 9.1 3% 80,508 5,599 57,488 9,825 2,096 2,024 18,473
Dixie Group (DXYN) 9,849 21% -24.5 -9% 264,179 213,789 388,737 82,679 -24,549 -5,331 130,634
Appliance Recycling Centers of America (ARCI) 7,221 26% -2.8 -18% 33,483 15,254 32,534 8,560 -6,035 -2,062 5,851
Pier 1 Imports (PIR) 2,783 27% -0.9 -20% 1,238,939 1,229,716 1,495,398 409,584 -252,043 -248,386 219,591
Natuzzi (NTZ)
JanOne (JAN)

Balance Sheet ($'000)2011-11-302012-11-302013-11-302014-11-302015-11-302016-11-302017-11-302018-11-30
Cash69,60145,56612,73326,67336,26835,14453,94933,468
Accounts Receivable14,75615,75516,08015,22821,19718,35819,64019,055
Inventory45,12957,91653,06957,27259,89653,21554,47664,192
PP&E49,94612,73610,4356,30296,104104,655103,244104,863
Assets223,174227,180225,849240,746282,543278,267293,748291,641
Accounts Payable18,82122,40519,89222,25120,91621,28121,76027,407
Long-Term Debt3,2942,7462,21814,0857,1113,734292
Liabilities70,73969,90068,44083,914105,17797,562102,288101,332
Stockholders' Equity152,435157,280157,409156,832177,366180,705191,460190,309
Income Statement ($'000)2011-11-302012-11-302013-11-302014-11-302015-11-302016-11-302017-11-302018-11-30
Revenue253,208269,672321,286340,73843,522432,03854,406456,855
Cost of Revenue125,642128,350155,292158,317179,581
Gross Profit127,566141,322165,994182,421277,274
R&D
SG&A
Tax4,409-14,6993,0912,3675,9069,9499,6203,988
Net Income55,34226,7135,0969,29920,43315,82918,2568,218
Cash Flow ($'000)2011-11-302012-11-302013-11-302014-11-302015-11-302016-11-302017-11-302018-11-30
Cash Operating-5,4317,95610,64029,96132,39839,06236,38428,698
Cash Investing79,503-3,807-39,032-5,155-19,661-20,834-6,135-30,686
Cash Financing-15,542-28,184-4,441-10,866-3,142-19,352-11,444-18,493