Bassett Furniture Industries (BSET) Misses Q1 EPS by 2c

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Go back to Bassett Furniture Industries (BSET) Misses Q1 EPS by 2c

Bassett Announces Fiscal First Quarter Results

March 30, 2017 9:00 AM EDT

BASSETT, Va., March 30, 2017 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today its results of operations for its fiscal quarter ended February 25, 2017.

Fiscal 2017 First Quarter Highlights

Consolidated sales were $105.9 million for the first quarter of 2017 compared to $106.9 million for the first quarter of 2016, a decrease of 0.9%. Operating income for the quarter was $4.7 million or 4.4% of sales as compared to $5.8 million or 5.4% of sales for the prior year... More