Bassett Furniture Industries Inc (BSET) announced a profit for first quarter that Dropped, from the same period last year
The company's bottom line totaled $1.116 million, or $0.13 per share. This compares with $1.854 million, or $0.21 per share, last year.
The company's revenue for the period fell 2.2% to $80.340 million from $82.162 million last year.
Bassett Furniture Industries Inc earnings at a glance (GAAP) :
-Earnings: $1.116 Mln. vs. $1.854 Mln. last year.-EPS: $0.13 vs. $0.21 last year.-Revenue: $80.340 Mln vs. $82.162 Mln last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.