Bassett: Fiscal Q3 Earnings Snapshot

September 29, 2022 GMT

BASSETT, Va. (AP) _ Bassett Furniture Industries Inc. (BSET) on Thursday reported fiscal third-quarter profit of $7.6 million.

The Bassett, Virginia-based company said it had net income of 82 cents per share. Earnings, adjusted to account for discontinued operations, were 84 cents per share.

The furniture seller posted revenue of $118 million in the period.

Bassett shares have declined almost 2% since the beginning of the year. The stock has fallen 17% in the last 12 months.


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