Bassett Furniture Industries (Bassett Furniture Industries) Pre-Tax Income

: $-6.5 Mil (TTM As of Feb. 2024)

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Pretax income is the income that a company earns before paying income taxes. Bassett Furniture Industries's pretax income for the three months ended in Feb. 2024 was $-1.7 Mil. Its pretax income for the trailing twelve months (TTM) ended in Feb. 2024 was $-6.5 Mil. Bassett Furniture Industries's pretax margin was -1.97%.

During the past 13 years, Bassett Furniture Industries's highest Pretax Margin was 7.40%. The lowest was -5.33%. And the median was 4.79%.

Bassett Furniture Industries Pre-Tax Income Historical Data

The historical data trend for Bassett Furniture Industries's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bassett Furniture Industries Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Pre-Tax Income

-1.74

-18.01

22.76

34.06

-2.49

Bassett Furniture Industries Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Pre-Tax Income																2.29	2.54	-3.19	-4.13	-1.71

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, Bassett Furniture Industries's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bassett Furniture Industries Pre-Tax Income Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Bassett Furniture Industries's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Bassett Furniture Industries's Pre-Tax Income falls into.

Bassett Furniture Industries Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Bassett Furniture Industries's Pretax Income for the fiscal year that ended in Nov. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	1.261	+	-6.255	+	-0.022	+	2.528	+	0
	=	-2.5

Bassett Furniture Industries's Pretax Income for the quarter that ended in Feb. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-2.357	+	-0.104	+	0	+	0.756	+	2.2204460492503E-16
	=	-1.7

Pre-Tax Income for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.5 Mil.

Bassett Furniture Industries (NAS:BSET) Pre-Tax Income Explanation

Bassett Furniture Industries's Pretax Margin for the quarter that ended in Feb. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-1.705	/	86.554
	=	-1.97%

During the past 13 years, Bassett Furniture Industries's highest Pretax Margin was 7.40%. The lowest was -5.33%. And the median was 4.79%.

Bassett Furniture Industries Pre-Tax Income Related Terms

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Bassett Furniture Industries (Bassett Furniture Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Bassett Furniture Industries Inc (NAS:BSET) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

3525 Fairystone Park Highway, P.O. Box 626, Bassett, VA, USA, 24055

Website

https://www.bassettfurniture.com

Bassett Furniture Industries Inc is a manufacturer, importer, and retailer of home furnishings products in the United States. It operates through the following segments: The Wholesale segment focuses on the design, manufacture, sourcing, sale, and distribution of furniture products. The Retail segment consists of company-owned stores.

Executives

Spilman Robert H Jr	director, officer: Pres & Chief Executive Officer	C/O BASSETT FURNITURE INDUSTRIES INC, PO BOX 626, BASSETT VA 24055
John Michael Daniel	officer: V P, Chief Accounting Officer	P O BOX 626, 3525 FAIRYSTONE PARK HWY, BASSETT VA 24055
Warden William C Jr	director	PO BOX 2328, HICKORY NC 28603-2328
David C Baker	officer: SVP, Corporate Retail	1012 SHERATON, COURT, MARTINSVILLE VA 24112
Emma S. Battle	director	101 NORTH CHERRY STREET, SUITE 501, WINSTON SALEM NC 27101
Virginia W. Hamlet	director	P.O. BOX 626, BASSETT VA 24055
Wampler William C Jr	director	510 CUMBERLAND STREET, BRISTOL VA 24201-4387
Bassett John E Iii	officer: vice President Global Sourcing	C/O BASSETT FURNITURE INDUSTRIES INC, PO BOX 626, BASSETT VA 24055
John R Belk	director	BELK INC, 2801 WEST TYVOLA ROAD, CHARLOTTE NC 28217-4500
Stefanie Jane Lucas	officer: SVP, Chief Merchandising Offic	P.O. BOX 626, BASSETT VA 24055
Kara Ann Kelchner-strong	officer: SVP, Customer Experience Offic	P.O. BOX 626, BASSETT VA 24055
Mark S Jordan	officer: Vice President Upholstery	BASSETT FURNITURE INDUSTRIES INC, PO BOX 626, BASSETT VA 24055
Jay R Hervey	officer: Vice Pres Sec & Gen Counsel
Bruce Cohenour	officer: SR VP/SALES & MERCHANDISING	HOOKER FURNITURE CORPORATION, 440 EAST COMMONWEALTH BLVD, MARTINSVILLE VA 24112
Kristina K Cashman	director