Earnings Summary

BASSETT FURNITURE INDS’s revenue fell -8.63% since last year same period to $107.7Mn in the Q1 2023. On a quarterly growth basis, BASSETT FURNITURE INDS has generated -11.01% fall in its revenue since last 3-months.

BASSETT FURNITURE INDS’s net profit fell -74.07% since last year same period to $1.45Mn in the Q1 2023. On a quarterly growth basis, BASSETT FURNITURE INDS has generated -71.25% fall in its net profits since last 3-months.

BASSETT FURNITURE INDS’s net profit margin fell -71.62% since last year same period to 1.34% in the Q1 2023. On a quarterly growth basis, BASSETT FURNITURE INDS has generated -67.69% fall in its net profit margins since last 3-months.

BASSETT FURNITURE INDS’s price-to-earnings ratio after this Q1 2023 earnings stands at 5.5.

BASSETT FURNITURE INDS’s earning per share (EPS) estimates for the current quarter stand at 0.37 - a -14.94% fall from last quarter’s estimates.

BASSETT FURNITURE INDS’s earning per share (EPS) estimates for the current year stand at 0.37.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. BASSETT FURNITURE INDS’s return on assets (ROA) stands at 0.04.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. BASSETT FURNITURE INDS’s return on equity (ROE) stands at 0.13.

BASSETT FURNITURE INDS declared 0.16 dividend per share during the earnings announcement for Q1 2023.