Bassett Furniture Industries Company Profile - Sep 08, 2011 by WrightReports

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									Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Bassett Furniture Industries, Incorporated
                                                                                        440 Wheelers Farms Road
                                                                                        Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in U.S. Dollars

                                 Wright Quality Rating:DBNN                                Key Data

   Bassett Furniture Industries, Incorporated (Bassett) is a vertically integrated         Ticker:
   manufacturer, importer and retailer of home furnishings. The Company is organized       BSET
   into three business segments: wholesale, retail and investments/real estate.
   Bassett's products are sold primarily through a network of licensee and Company         2010 Sales:
   owned branded stores under the Bassett Home Furnishings (BHF) or Bassett
                                                                                           235,254,000
   Furniture Direct (BFD) name, with additional distribution through other multi-line
   furniture stores, many of which feature Bassett galleries or design centers.
   Bassettbaby cribs and casegoods, as well as certain upholstery products are sold        Major Industry:
   through specialty stores and mass merchants. During the fiscal year ended               Miscellaneous
   November 27, 2010, Bassett acquired a total of eleven licensee stores in Maryland,
   Missouri, Illinois, New York, Alabama, Mississippi, California, Delaware and North      Sub Industry:
   Carolina. In May 2011, the Company sold International Home Furnishing Center.           Furnishings
                       Stock Chart                                   Officers
                                                                    Chairman               Country:
                                                                    Paul Fulton            United States

                                                         President & Chief Executive       Currency:
                                                             Robert H. Spilman Jr.
                                                                                           U.S. Dollars

                                                              Vice President, General
                                                                                           Fiscal Year Ends:
                                                               Counsel & Secretary
                                                                 Jay R. Hervey Esq.        November

                                                                                           Employees
                                                                                           1,254

                                                                                           Exchanges:
                                                                                           NAS

                                         
								
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