Bassett Furniture Industries, Incorporated (BSET) is a publicly traded company in the Consumer Cyclical sector, operating within the Furnishings, Fixtures & Appliances industry. The company is headquartered in Bassett, VA, United States. The current CEO is Robert H. Spilman Jr..
BSET has IPO date of 1980-03-17, 1,228 full-time employees, listed on the NASDAQ Global Select, a market capitalization of $127.22M.
Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. It operates through three segments: Wholesale, Retail company-owned Stores, and Logistical Services. 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 27, 2021, it operated a network of 63 company-owned stores and 34 licensee-owned stores. It also provides shipping, and 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, Bassett galleries or design centers, mass merchants, and specialty stores, as well as sells its products online. Bassett Furniture Industries, Incorporated was incorporated in 1902 and is based in Bassett, Virginia.
