Name | Value |
---|---|
Revenues | 83.4M |
Cost of Revenue | 39.6M |
Gross Profit | 43.8M |
Operating Expense | 46.7M |
Operating I/L | -2.9M |
Other Income/Expense | 0.4M |
Interest Income | 0.6M |
Pretax | -8.1M |
Income Tax Expense | -0.9M |
Net Income/Loss | -7.2M |
Bassett Furniture Industries, Incorporated is a home furnishings company that designs, manufactures, sources, and distributes furniture products through its wholesale, retail, and logistical services segments. The company operates a network of company-owned and licensee-owned stores, as well as independent furniture retailers, and also sells its products online. Additionally, it provides shipping and warehousing services to customers in the furniture industry. Bassett Furniture Industries generates revenue through the sale of wood and upholstery products, as well as through its retail operations and distribution to multi-line furniture stores, galleries, design centers, mass merchants, and specialty stores.