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More on Bassett Furniture's FQ3

  • Bassett Furniture (NASDAQ:BSET -4.2%) reports comparable-store sales fell 0.9% in FQ3.
  • Wholesale segment revenue decreased 6.2% to $58.3M.
  • Retail segment revenue slipped 1.3% to $61.2M.
  • Logistical services revenue dropped 2.8% to $22.99M.
  • The gross margin rate improved 210 bps to 61.7%.
  • Operating margin rate grew 30 bps to 7.2%.

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Bassett Furniture Industries, Incorporated