Bassett Furniture Industries Inc
NASDAQ:BSET
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Gross Margin
Bassett Furniture Industries Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | US |
Market Cap | 131.9m USD |
Gross Margin |
54%
|
Country | US |
Market Cap | 9.7B USD |
Gross Margin |
45%
|
Country | US |
Market Cap | 8.8B USD |
Gross Margin |
26%
|
Country | CN |
Market Cap | 40.8B CNY |
Gross Margin |
35%
|
Country | TW |
Market Cap | 120.9B TWD |
Gross Margin |
56%
|
Country | CN |
Market Cap | 22.1B CNY |
Gross Margin |
32%
|
Country | HK |
Market Cap | 17.7B HKD |
Gross Margin |
39%
|
Country | CN |
Market Cap | 16.2B CNY |
Gross Margin |
35%
|
Country | CN |
Market Cap | 15.2B CNY |
Gross Margin |
49%
|
Country | US |
Market Cap | 1.9B USD |
Gross Margin |
43%
|
Country | US |
Market Cap | 1.7B USD |
Gross Margin |
18%
|
Bassett Furniture Industries Inc
Glance View
Bassett Furniture Industries, Inc. engages in manufacturing, marketing and retailing home furnishings. The company is headquartered in Bassett, Virginia and currently employs 2,219 full-time employees. The Company’s products are sold through a network of Company-owned and licensee-owned branded stores under the Bassett Home Furnishings (BHF) name. The firm operates through three segments: Wholesale, Retail-Company-owned stores, and Logistical services. The wholesale segment is involved principally in the design, manufacture, sourcing, sale, and distribution of furniture products to a network of BHF stores (Company-owned retail stores and licensee-owned stores) and independent furniture retailers. The retail segment consists of approximately 63 Company-owned and operated BHF stores. The firm operates a logistical services segment through its facilities located in Conover, North Carolina. The firm also sells products through its Website at www.bassettfurniture.com.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Bassett Furniture Industries Inc's most recent financial statements, the company has Gross Margin of 53.8%.