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FORGOTTEN HISTORY: Bset - The Untold Story

Under the Radar: Cash Flow Today, Compounding Tomorrow, Hidden Value Always

Every investor chases something. Wall Street runs after momentum, size, and liquidity because that is what the big institutions can trade and justify to their committees. But history shows that the greatest wealth is rarely built by following the herd. It is built by looking where others are not, insisting…

Benzinga

BJD MLA's son, others embezzled educational society's funds worth crores: ED

Enforcement Directorate probes BJD MLA's son for misappropriation of crores in educational society funds, leading to searches and seizures.

The Hindu

5 Home Improvement Stocks Investors Are After Right Now

The home improvement industry’s prospects look bright, thanks to technological advancements like smart home integration and homeowners' growing appetite for remodeling. Therefore, five fundamentally sound home improvement stocks, Snap-on Incorporated (SNA), Central Garden & Pet Company (CENTA), Tile Shop Holdings (TTSH), Bassett Furniture (BSET), and Flexsteel Industries (FLXS), could be…

StockNews.com

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3 Quality Home Improvement Stocks to Buy This Summer

The home improvement sector is expanding as a result of rising demand for remodeling and advancements in technology. Therefore, fundamentally strong home improvement stocks National Presto Industries (NPK), Tile Shop Holdings (TTSH), and Bassett Furniture Industries (BSET) might be solid buys. Read on.

StockNews.com

Top 3 Home Improvement Stocks of Their Industry

Increased demand for home remodeling and technological advancements is boosting the home improvement industry. Given the industry’s long-term growth potential, home improvement stocks Acuity Brands (AYI), National Presto Industries (NPK), and Bassett Furniture (BSET) might be ideal additions to your portfolio. Continue reading.

StockNews.com

Investor Sentiment Turns Positive With These 3 Stocks as the Stock Market Rebounds

After a brutal 2022, the stock market is showing signs of recovery this year, and investor sentiment continues to improve amid the constant moderation in inflation, recent robust economic data, and easing fears about the global financial system. As the stock market rebounds, fundamentally strong stocks M/I Homes, China Automotive…

StockNews.com

3 Home Improvement Stocks Profiting from Home Renovation Boom

Renovation activity and spending saw a significant surge in 2022 and continue its strong pace this year, driven by sustained demand and a growing transition toward energy-efficient spaces. Hence, it could be wise to invest in fundamentally sound home improvement stocks Acuity Brands (AYI), Tile Shop Holdings (TTSH), and Bassett…

StockNews.com

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Improve Your Overall Stock Portfolio with These 3 Gems

Sustained demand due to expanding urbanization, technological innovation, and rising consumer spending should support the growth of the home improvement business. Therefore, quality home improvement stocks La-Z-Boy (LZB), Haverty Furniture (HVT), and Bassett Furniture (BSET) could be excellent additions to your portfolio, given the industry’s long-term growth potential. Keep reading.

StockNews.com

3 Home Improvement Stocks to Spruce up Your Portfolio in 2023

Driven by rapid urbanization and stable consumer spending, the home improvement industry’s prospects look promising. Furthermore, easing inflation data for December is expected to bode well for the industry. Hence, quality home improvement stocks Lowe's Companies (LOW), Sherwin-Williams (SHW), and Bassett Furniture Industries (BSET) could be ideal additions to your…

StockNews.com

3 Safe Dividend Stocks to Buy Today and Hold Forever

Amid diminishing inflationary pressures, rate hikes are expected to slow down. However, the Fed might continue with the rate hikes. As a recession looks imminent, we think fundamentally sound dividend stocks AbbVie (ABBV), Marine Products (MPX), and Bassett Furniture Industries (BSET) might be ideal buy-and-hold options to ensure a steady…

StockNews.com

4 Stocks Under $20 to Buy This Week and Hold for the Future

Following the current market turmoil, a potential rebound is expected next year. Additionally, as value stocks are expected to beat growth counterparts, Stellantis (STLA), Celestica (CLS), LSI Industries (LYTS), and Bassett Furniture (BSET), which look undervalued at their current prices, could be ideal buy-and-hold options. These stocks are trading under…

StockNews.com

3 High-Yield Dividend Stocks to Buy Now to Retire Rich

Even though inflation seems to be cooling down, the Fed expects the interest rate hikes to continue in the near term. As market volatility is expected to remain, high-yielding dividend stocks AbbVie (ABBV), Sisecam Resources (SIRE), and Bassett Furniture (BSET) could be wise buys now. These stocks could help you…

StockNews.com

3 Stocks That Are Better Buys Than Bed Bath & Beyond This December

Home spending trends have remained robust this year despite uncertain macroeconomic conditions. However, Bed Bath & Beyond (BBBY) has been struggling with declining sales, and analysts are bearish on its near-term prospects. Given this backdrop, we think it could be wise to invest in quality home improvement stocks Lowe’s Companies…

StockNews.com

3 Home Improvement Stocks to Spruce up Your Portfolio Now

Sustained demand due to rapid urbanization, continuing hybrid work models, and increasing consumer spending should bolster the home improvement industry’s growth. Considering the industry’s long-term growth prospects, quality home improvement stocks Sherwin-Williams (SHW), La-Z-Boy (LZB), and Bassett Furniture (BSET) could be wise additions to your portfolio. Continue reading….

StockNews.com

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StockNews.com

1 Home Improvement Stock to Avoid This Summer, and 3 to Buy

The raging inflation is making homeowners uncomfortable investing in home improvement projects. However, analysts see robust growth opportunities for the industry. We think fundamentally weak Floor & Decor (FND) might be best avoided this summer. However, it could be wise to hold quality home improvement stocks Acuity Brands (AYI), Tile…

StockNews.com

2 Boring Stocks and 1 REIT to Protect You From the Market Shakeout

The multi-decade high inflation and the Fed’s aggressive policy stance are raising recession odds. The IMF has recently slashed its U.S. growth projections. Given the risk-off environment, the otherwise boring stocks, UnitedHealth Group (UNH) and Bassett Furniture Industries (BSET), and REIT Alliance Global Group (ALGGY) could help cushion your portfolio…

Benzinga

Bassett Furniture Industries Q2 Earnings Top Estimates

Bassett Furniture Industries Inc (NASDAQ:BSET) reported second-quarter FY22 sales growth of 17% year-on-year, to $128.71 million, beating the consensus of $117.38 million. Sales from Wholesale rose 15.3% Y/Y, and Retail increased by 21%. Gross margin compressed 70 basis points to 51.2%. Selling, general and administrative expenses rose 9.8% Y/Y to $54.9 million. The…

StockNews.com

3 High-Quality Furniture Stocks to Buy in June

The furniture industry has been growing since the onset of the COVID-19 pandemic, driven by strong demand for home improvement and with it a surge in furniture e-commerce trends. Given the industry’s tailwinds, we think it could be wise to invest in the stocks of fundamentally sound furniture companies Ethan…

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Benzinga

Bassett Furniture Industries' Clocks 16% Sales Growth In Q1

Bassett Furniture Industries Inc (NASDAQ:BSET) reported first-quarter FY22 sales growth of 15.9% year-on-year, to $117.9 million, beating the consensus of $109.86 million. Wholesale sales rose 19% to $83.5 million, and Retail sales increased 6.1% to $64.1 million. Gross profit margin for the quarter contracted by 380 basis points to 48.7%. Operating margin remained…

Benzinga

Bassett Boosts Buyback, Declares Special Dividend

Bassett Furniture Industries Inc's (NASDAQ:BSET) Board has increased the company's share repurchase authorization to $40 million. The Board has declared a special dividend of $1.50 per share of common stock, payable on April 6, 2022, to shareholders of record on March 23, 2022. The Board also declared a regular quarterly dividend of $0.14 per…

StockNews.com

4 Stocks to Buy as Furniture Sales Surge: Williams-Sonoma, Ethan Allen, Haverty, and Bassett

The furniture market has experienced a surge in demand due to increasing inclination toward home decoration and renovation, thanks to more remote lifestyles. Furthermore, with the current housing market booming, continued interest in furnishing homes should further bolster the industry's growth. Therefore, it could be prudent to invest in fundamentally…

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