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Bassett Furniture Industries, Incorporated - Sales Analysis Snapshot
Business Description
This Report provides a comprehensive Sales & Margin summary analysis for Bassett Furniture Industries, Incorporated Tabular results include up to a ten-year history on Sales, EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization), Income before Extraordinary Items and number of Employees. Additional ratios are included for sales growth, earnings and income as a percent of sales and Sales per Employee.
Bassett Furniture Industries, Incorporated. The Group's principal activities are to manufacture and market home furnishings. The Group's operations comprise of three segments: wood, upholstery and import. The wood segment manufactures wood furniture that includes bedroom and dining suites and accent pieces. The upholstery segment manufactures upholstered frames and cuts with a variety of frame and fabric options, including sofas, chairs, and love seats. The import segment sources the required raw material, principally from Asia, and distributes the finished products through a network of retailers, both independent and those affiliated to the Group. The retailers consist of department and furniture stores across the United States. The Group's major customer is the JC Penney Company. As of 31-Dec-2008 the Group's Retail segment consisted of 31 Company-owned stores in Florida, Georgia, Maryland, Massachusetts, New Mexico, New York, North Carolina, South Carolina, and Texas.
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