RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Bassett Furniture Industries Net Income 2024

Bassett Furniture Industries Net Income

1.53 M USD

Bassett Furniture Industries Dividend yield

6.07 %

Ticker

BSET

ISIN

US0702031040

WKN

906816

In 2024, Bassett Furniture Industries's profit amounted to 1.53 M USD, a -148.29% increase from the -3.17 M USD profit recorded in the previous year.

The Bassett Furniture Industries Net Income history

YEARNET INCOME (undefined USD)
2026e12.16
2026e12.16
2025e11.98
2024e1.53
2023-3.17
202265.3
202118
2020-10.4
2019-1.9
20188.2
201718.3
201615.8
201520.4
20149.3
20135.1
201226.7
201155.3
2010-2
2009-22.7
2008-40.4
2007-9.9
20065.4
20059.8
20048.2

Bassett Furniture Industries Aktienanalyse

What does Bassett Furniture Industries do?

Bassett Furniture Industries Inc is an American furniture company that was founded in 1902 by John D. Bassett and his brothers. Today, it is one of the largest furniture companies in the USA with an annual revenue of over one billion dollars. The company specializes in the manufacturing of living room and bedroom furniture, as well as accessories. Bassett Furniture offers a wide range of products to meet the needs of every living space, including beds, sofas, tables, cabinets, seating, lighting, accessories, and more. The company is known for its appealing furniture designs and high quality products. Most of the products are made in the USA and there is a strong emphasis on sustainability and environmental friendliness. The clientele spans across various societal and income levels, offering high quality furniture for every budget. Bassett Furniture operates multiple business models to offer its customers a wide range of products and services. In addition to direct sales of furniture and accessories, Bassett also operates retail stores and distributes its products through partner dealers. Recently, the company has been expanding its online furniture sales to increase its presence and make shopping for high quality furniture easier for customers. Bassett Furniture has a long history dating back to the early 20th century. Since 1902, the company has been synonymous with high quality and sustainability. It started as a small factory producing furniture for the local community and over the years, expanded and established itself as one of the leading furniture manufacturers in the USA. The company currently operates multiple production facilities in the USA and focuses on high quality furniture and product designs. Bassett Furniture operates in various divisions to offer its customers a wide range of products. In addition to direct sales and sales through retail stores and partner dealers, the company also operates a design studio to assist customers in designing their living spaces. Personalized and tailored design concepts are emphasized. The company also offers eco-friendly furniture to provide customers with even more sustainable design options. The product range of Bassett Furniture includes a wide selection of living room and bedroom furniture, as well as accessories. This includes sofas, beds, tables, cabinets, seating, lighting, accessories, and more. While Bassett Furniture offers many different products, quality and sustainability are at the forefront. The furniture is timeless and made from high quality materials such as solid wood, leather, and metal. Many of the products are available in various colors and styles to meet the needs of customers. Overall, Bassett Furniture Industries Inc is a company with a long history and tradition. It is known for its high quality furniture and appealing designs and offers its customers a wide range of products and services. Bassett Furniture Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Bassett Furniture Industries's Profit Margins

The profit margins of Bassett Furniture Industries represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Bassett Furniture Industries's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Bassett Furniture Industries's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Bassett Furniture Industries's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Bassett Furniture Industries’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Bassett Furniture Industries Stock

How much profit has Bassett Furniture Industries made this year?

Bassett Furniture Industries has made 1.53 M USD this year.

How has the profit developed compared to last year?

The profit has increased by -148.29% compared to last year fallen

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Bassett Furniture Industries publish its earnings?

Bassett Furniture Industries publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Bassett Furniture Industries?

The profits of Bassett Furniture Industries are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Bassett Furniture Industries?

You can learn more about the earnings of Bassett Furniture Industries by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Bassett Furniture Industries pay?

Over the past 12 months, Bassett Furniture Industries paid a dividend of 0.86 USD . This corresponds to a dividend yield of about 6.07 %. For the coming 12 months, Bassett Furniture Industries is expected to pay a dividend of 1.05 USD.

What is the dividend yield of Bassett Furniture Industries?

The current dividend yield of Bassett Furniture Industries is 6.07 %.

When does Bassett Furniture Industries pay dividends?

Bassett Furniture Industries pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Bassett Furniture Industries?

Bassett Furniture Industries paid dividends every year for the past 17 years.

What is the dividend of Bassett Furniture Industries?

For the upcoming 12 months, dividends amounting to 1.05 USD are expected. This corresponds to a dividend yield of 7.4 %.

In which sector is Bassett Furniture Industries located?

Bassett Furniture Industries is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Bassett Furniture Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Bassett Furniture Industries from 5/31/2024 amounting to 0.18 USD, you needed to have the stock in your portfolio before the ex-date on 5/16/2024.

When did Bassett Furniture Industries pay the last dividend?

The last dividend was paid out on 5/31/2024.

What was the dividend of Bassett Furniture Industries in the year 2023?

In the year 2023, Bassett Furniture Industries distributed 2.1 USD as dividends.

In which currency does Bassett Furniture Industries pay out the dividend?

The dividends of Bassett Furniture Industries are distributed in USD.

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Andere Kennzahlen von Bassett Furniture Industries

Our stock analysis for Bassett Furniture Industries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Bassett Furniture Industries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.