Bassett Furniture Industries Inc. (BSET) reported that its net loss for the third quarter ended August 31, 2024 widened to $4.51

Bassett Furniture (BSET) came out with a quarterly loss of $0.52 per share versus the Zacks Consensus Estimate of a loss of $0.34. This compares to loss of $0.30 per share a year ago. These figures are adjusted for non-recurring items.

Shares of Bassett Furniture Indus were trading at $14.21 as of October 04. Over the last 52-week period, shares are down 5.89%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.