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Upturn AI SWOT - About
BSET 
Bassett Furniture Industries (BSET)
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Upturn Advisory Summary
04/07/2025: BSET (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -8.08% | Avg. Invested days 33 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/07/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 132.48M USD | Price to earnings Ratio - | 1Y Target Price 19 |
Price to earnings Ratio - | 1Y Target Price 19 | ||
Volume (30-day avg) 20097 | Beta 1.31 | 52 Weeks Range 11.60 - 16.20 | Updated Date 04/6/2025 |
52 Weeks Range 11.60 - 16.20 | Updated Date 04/6/2025 | ||
Dividends yield (FY) 5.26% | Basic EPS (TTM) -0.76 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-04-01 | When Before Market | Estimate 0.025 | Actual 0.21 |
Profitability
Profit Margin -2.04% | Operating Margin (TTM) 2.91% |
Management Effectiveness
Return on Assets (TTM) -0.66% | Return on Equity (TTM) -3.83% |
Valuation
Trailing PE - | Forward PE 17.3 | Enterprise Value 177566630 | Price to Sales(TTM) 0.41 |
Enterprise Value 177566630 | Price to Sales(TTM) 0.41 | ||
Enterprise Value to Revenue 0.55 | Enterprise Value to EBITDA 60.8 | Shares Outstanding 8704120 | Shares Floating 8042167 |
Shares Outstanding 8704120 | Shares Floating 8042167 | ||
Percent Insiders 16.24 | Percent Institutions 52.39 |
Analyst Ratings
Rating - | Target Price 19 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Bassett Furniture Industries
Company Overview
History and Background
Bassett Furniture Industries, founded in 1902, is a leading manufacturer, marketer and retailer of home furnishings. It evolved from a lumber company to a major furniture producer, surviving economic downturns and adapting to changing consumer preferences.
Core Business Areas
- Wholesale: Manufactures and sells furniture to independent retailers, interior designers, and directly to consumers through its Bassett Direct program.
- Retail: Operates a network of Bassett Home Furnishings stores, offering a wide range of furniture, home decor, and design services.
Leadership and Structure
Robert H. Spilman Jr. serves as Chairman and CEO. The company is structured with distinct operational divisions for wholesale and retail, overseen by a corporate management team.
Top Products and Market Share
Key Offerings
- Upholstery (Sofas, Chairs): Bassett offers a wide range of customizable upholstery, a significant portion of revenue. Market share data is difficult to pinpoint precisely due to industry fragmentation. Competitors include La-Z-Boy, Ashley Furniture, and Ethan Allen. Competitors: La-Z-Boy (LZB), Ashley Furniture, Ethan Allen (ETD).
- Case Goods (Bedroom, Dining Room): This segment includes bedroom sets, dining room tables, and storage solutions. Revenue is dependent on current home trends and is subject to consumer fluctuations. Competitors: Hooker Furnishings (HOFT), Sauder Woodworking.
- Motion Seating: Recliners and other motion furniture. Competitors include La-Z-Boy (LZB) and Catnapper.
- Home Accents: Bassett sells home accent products such as rugs and lighting, pillows and decor, in all Bassett locations. Competitors include RH (RH).
Market Dynamics
Industry Overview
The furniture industry is characterized by cyclical demand, sensitivity to economic conditions, and evolving consumer preferences regarding style, sustainability, and online shopping. Recent supply chain disruptions and inflation have added to market volatility.
Positioning
Bassett occupies a mid-to-high-end market position, emphasizing customizable products, design services, and a branded retail experience. Their competitive advantage lies in their integrated business model (manufacturing and retail), design capabilities, and strong brand recognition.
Total Addressable Market (TAM)
The US furniture market is estimated at over $200 billion. Bassett's TAM is a portion of this, focused on the mid-to-high-end segment and customizable options. They are positioned to capture a share of consumers seeking quality and design services.
Upturn SWOT Analysis
Strengths
- Strong Brand Recognition
- Integrated Business Model (Manufacturing and Retail)
- Customization Options
- Design Services
- Retail Network
Weaknesses
- Sensitivity to Economic Cycles
- Exposure to Raw Material Price Fluctuations
- High Operating Costs Associated with Retail Network
- Dependence on Wholesale Channel Performance
- Limited International Presence
Opportunities
- Expansion of Online Sales Channels
- Increased Focus on Sustainable Products
- Growth in Home Renovation Spending
- Strategic Acquisitions
- Expansion into New Geographic Markets (Within the US)
Threats
- Increased Competition from Online Retailers
- Changes in Consumer Preferences
- Economic Downturns
- Supply Chain Disruptions
- Rising Labor Costs
Competitors and Market Share
Key Competitors
- LZB
- ASH
- ETD
- HOFT
- RH
Competitive Landscape
Bassett's advantages include its integrated model and customization, but it faces challenges from larger competitors with greater scale and online-focused brands. La-Z-Boy is a major competitor in upholstery and motion furniture. Ashley is a lower-priced mass-market competitor. Ethan Allen focuses on high-end design. RH (formerly Restoration Hardware) competes in the luxury segment.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth trends should be analyzed based on past revenue, earnings, and store expansion data.
Future Projections: Future projections would be derived from analyst estimates (e.g., revenue growth, EPS growth) and company guidance.
Recent Initiatives: Recent strategic initiatives could include store openings, new product launches, acquisitions, or changes in marketing strategy.
Summary
Bassett Furniture Industries exhibits moderate financial strength and strong brand recognition, benefiting from its integrated retail and manufacturing model. However, the company remains susceptible to economic cycles and faces competition from both online and established furniture brands. Focus on digital channels and sustainable products will be critical for future growth. Bassett needs to ensure it can compete with the likes of La-Z-Boy and Ashley Furniture in the online realm.
Similar Companies
ASH
Ashland Global Holdings Inc
ASH
Ashland Global Holdings Inc
ETD
Ethan Allen Interiors Inc
ETD
Ethan Allen Interiors Inc
HOFT
Hooker Furniture Corporation
HOFT
Hooker Furniture Corporation
LZB
La-Z-Boy Incorporated
LZB
La-Z-Boy Incorporated
RH
RH
RH
RH
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Industry Reports (IBISWorld, Statista)
- Analyst Reports (Yahoo Finance, Bloomberg)
- Company Website (Investor Relations)
Disclaimers:
This analysis is based on publicly available information and should not be considered financial advice. Market conditions and company performance are subject to change. Market share data is estimated due to limited official reporting.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Bassett Furniture Industries
Exchange NASDAQ | Headquaters Bassett, VA, United States | ||
IPO Launch date 1987-01-01 | President, CEO & Chairman Mr. Robert H. Spilman Jr. | ||
Sector Consumer Cyclical | Industry Furnishings, Fixtures & Appliances | Full time employees 1228 | Website https://www.bassettfurniture.com |
Full time employees 1228 | Website https://www.bassettfurniture.com | ||
Bassett Furniture Industries, Incorporated, together with its subsidiaries, manufactures, markets, and retails home furnishings in the United States. It operates through two segments: Wholesale and Retail "Company-Owned Stores. The company engages in the design, manufacture, sourcing, sale, and distribution of furniture products, including dining, bedroom and bedding, home decorations, rugs, and outdoor furniture to a network of company-owned retail stores, licensee-owned stores, and independent retailers. It also distributes its products through multi-line furniture stores, including Bassett galleries or design centers, as well as sells online; and engages in wood and upholstery operations. In addition, the company owns and leases land, retail store properties, warehouses, and distribution centers. Its products are sold primarily through a network of company-owned and licensee-owned branded stores under the Bassett Home Furnishings name. Bassett Furniture Industries, Incorporated was founded in 1902 and is based in Bassett, Virginia.
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