Bassett Furniture Industries (BSET) Tops Q2 EPS by 6c
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Bassett Announces Fiscal Second Quarter Results
June 29, 2017 9:00 AM EDTBASSETT, Va., June 29, 2017 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today its results of operations for its fiscal quarter ended May 27, 2017.
Fiscal 2017 Second Quarter Highlights
Consolidated sales were $114.1 million for the second quarter of 2017 compared to $106.7 million for the second quarter of 2016, an increase of 7.0%. Operating income for the quarter was $7.6 million or 6.7% of sales as compared to $5.9 million or 5.5% of sales for the prior year quarter.Wholesale sales were $62.3 million for the second quarter of 2017 compared to $59.9 million for the... More