Movers and SHAKERS
Bassett Furniture (BSET)
Furniture on Sale, Initiating Coverage on Bassett Furniture
Bassett Furniture Industries Inc is a manufacturer, importer, and retailer of home furnishings products in the United States. It operates through the following segments: The Wholesale segment focuses on the design, manufacture, sourcing, sale, and distribution of furniture products. The Retail segment consists of company-owned stores. The Logistical Services segment offers shipping, delivery, and warehousing services.
Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Initiating coverage of Bassett Furniture Industries. We believe Bassett provides attractive upside from the current price with a very favorable furniture environment, lowered costs due to a 2020 restructuring, and growth initiatives focused around a "Made in America" strategy and expanding e-commerce opportunities.
Leading Custom Furniture Manufacturer and Retailer. Bassett is one of the largest integrated furniture manufacturers and retailers in the U.S. The Company currently manufactures product in five domestic facilities, producing about 75% of its furniture in the U.S. Bassett operates a 97 store retail network, consisting of 63 corporate owned stores and 34 licensed stores, and sells to over 700 ...
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.