Bassett Furniture Industries (BSET) Misses Q1 EPS by 1c

Bassett Furniture Industries (NASDAQ: BSET) reported Q1 EPS of $0.14, $0.01 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $92.8 million versus the consensus estimate of $77.5 million.

• Company-owned store delivered sales increased 21%, including a comparable store sales increase of 15%, compared to the prior year quarter.
• Comparable store operating income for corporate retail was $0.3 million for the current year quarter as compared to a loss of $0.6 million for the prior year quarter, a $0.9 million improvement.

For earnings history and earnings-related data on Bassett Furniture Industries (BSET) click here.

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