Bassett Furniture Industries (BSET) Misses Q2 EPS by 7c
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Bassett Announces Fiscal Second Quarter Results
June 30, 2016 9:01 AM EDTBASSETT, Va., June 30, 2016 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today its results of operations for its fiscal quarter ended May 28, 2016.
Fiscal 2016 Second Quarter Highlights
Consolidated sales were $106.7 million for the second quarter of 2016 compared to $111.6 million for the second quarter of 2015, a decrease of 4.4%. Operating income for the quarter was $5.9 million or 5.5% of sales as compared to $6.7 million or 6.0% of sales for the prior year... More