Bassett Announces Fiscal First Quarter Results

Go back to Bassett Announces Fiscal First Quarter Results

Bassett Furniture Industries (BSET) Misses Q1 EPS by 8c; Comps Rose 7%

March 31, 2016 9:07 AM EDT

Bassett Furniture Industries (NASDAQ: BSET) reported Q1 EPS of $0.14, $0.08 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $106.9 million versus the consensus estimate of $106.3 million.

Company-owned store sales increased 7.7%, including a comparable store sales increase of 6.1%, compared to the prior... More