Bassett Furniture Industries (BSET) Tops Q4 EPS by 1c

Bassett Furniture Industries (NASDAQ: BSET) reported Q4 EPS of $0.52, $0.01 better than the analyst estimate of $0.51. Revenue for the quarter came in at $115.6 million versus the consensus estimate of $118 million.

Company-owned store sales increased 6.6%, including a comparable store sales increase of 6.7%, compared to the prior year quarter. Comparable store operating income was $2.7 million or 4.2% of sales for the current year quarter as compared to $2.2 million or 3.6% of sales for the prior year quarter. Total retail operating income was $2.2 million or 3.3% of sales for the quarter as compared to operating income of $2.1 million or 3.3% of sales for the prior year quarter.

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

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