Bassett Furniture Industries, Incorporated (NASDAQ:BSET) Q3 2024 Earnings Call Transcript
Q3 2024 Earnings Call Transcript October 10, 2024 Operator: Good day and thank you for standing by. Welcome to Bassett Furniture Industries Q3 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Bassett Furniture: Cybersecurity Incident Weakened Q3
Bassett Furniture reported weak Q3 results due to a cybersecurity incident and persisting weak industry conditions. See why I remain with a hold rating for BSET.
Bassett Furniture Industries (NASDAQ:BSET) investors are sitting on a loss of 6.1% if they invested three years ago
Over the three years that the share price declined, Bassett Furniture Industries' earnings per share (EPS) dropped significantly, falling to a loss. Due to the loss, it's not easy to use EPS as a reliable guide to the business. However, we can say we'd expect to see a falling share price in this scenario.
Bassett Furniture Industries Q3 Loss Widens
Bassett Furniture Industries Inc. (BSET) reported that its net loss for the third quarter ended August 31, 2024 widened to $4.51
Earnings Preview: Bassett Furniture Indus
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.
Bassett Furniture (BSET) Reports Q3 Loss, Lags Revenue Estimates
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.
Woodworking Network18h
Bassett Q3 revenues impacted by July cyber attack
On July, 10, Bassett Furniture Industries Inc. was hit by a substantial cybersecurity breach that led to a halt in ...
GoLocalProv1h
RIDOT Holds 8 Minute Community Mtg. on Washington Bridge: “It Was a Slap in the Face,” Says Neighbor
Rhode Island Department of Transportation officials promised a “Town Hall” meeting to address residents' concerns about noise ...
Bassett Reports Fiscal Third Quarter Results, Updates Progress on Restructuring Plan and Announces Regular Quarterly Dividend
Bassett Furniture Industries, Inc. (Nasdaq: BSET) reported today its results of operations for its third quarter ended August 31, 2024. In addition, the Company’s Board of Directors declared a regular ...
Bassett: Fiscal Q3 Earnings Snapshot
BASSETT, Va. (AP) — BASSETT, Va. (AP) — Bassett Furniture Industries Inc. (BSET) on Wednesday reported a loss of $4.5 million in its fiscal third quarter. The Bassett, Virginia-based company said it ...
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Bassett Furniture Industries, Inc.
Bassett Furniture Industries, Inc. engages in manufacturing, marketing, and retailing home furnishings. It operates through the following segments: Wholesale, Retail, and Corporate and Other.
New Dressers Pass CR's Tip-Over Tests, but Riskier Ones Are Still for Sale
New dressers are less likely to tip over, Consumer Reports' tests found, but older and riskier dressers are still for sale ...
The Business Journals16d
Bassett Furniture owner to close in Tukwila after 25 years
Business has been "really tough" for family-owned franchise store since Covid, the owner says. The owner of two Bassett Furniture franchise stores in King County is calling it quits after a ...