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Bassett Furniture Industries Incorporated  (BSET)
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Consolidating Revenues at BSET in the financial three months closing Aug 27 2022

BSET reported third quarter of 2022 operating income of $10.672 millions

Published 2022-09-30T09:30:37+00:00
Goran Soko / CSIMarket.com Contributer

BangSarayBeachCondo_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsAlthough revenue diminished in the financial interval closing August 27 2022, the company managed to raise its earnings per share, net profit per share elevated on the another level by 164.52 % to $0.82 per share while Revenues diminished by -0.752 % to $118.01 millions, year on year.

From the prior financial reporting period, Income per Share dropped from $4.94 per share and Revenue deteriorated by -8.309 % from $128.71 millions.


Net profits of $7.628 millions in the financial interval closing August 27 2022 increased by 152.92 % from net earnings of $3.016 millions reported in the financial interval closing August 27 2022 a year ago. Bassett Furniture Industries Incorporated also emphasized it's improving profit margins, where net margin rose to 6.46% in financial interval closing August 27 2022, and operating margin edged up to 9.04%.
Operating earnings, on the other hand, improved just 137.68% to $10.672 millions.

Bassett Furniture Industries Incorporated is expected to report next financial earnings on January 30, 2023.


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For the most recent fiscal period Wm Technology Inc slipped into shortfall of $-0.06 per share compare to $0.02 a year prior and earnings per share fell from $0.13 per share from the previous reporting season.

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For the August to October 29 2022 span JWN slipped into loss of $-0.13 per share compare to $0.39 a year before and EPS fell from $0.77 per share from the previous financial reporting period.

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Working expenditures were increasing at the company in the third quarter of 2022

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Other BSET's Earnings Reports

Bassett Furniture Industries Incorporated reported second quarter 2022 earnings

Bassett Furniture Industries Incorporated reported first quarter 2022 earnings

Bassett Furniture Industries Incorporated reported fourth quarter 2021 earnings

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