Bassett Announces Fiscal Third Quarter Results
BASSETT, Va., Sept. 29, 2022 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (NASDAQ:BSET) announced today its results of operations for its third quarter ended August 27, 2022. Fiscal 2022 Third Quarter Highlights of Continuing Operations (Dollars in millions) Sales Operating Income 3rd Qtr Dollar% 3rd Qtr% of 3rd Qtr% of 2022 2021 ChangeChange2022Sales 2021SalesConsolidated (1)$118.0$104.9 $13.112.5% $10.79.2% $5.04.8% Wholesale$79.0$73.1 $5.98.3% $1.62.0% $4.56.2% Retail$70.9$58.6 $12.321.0% $4.56.3% $0.91.5% (1) Our consolidated results include certain intercompany eliminations as well as a gain on the sale of real estate in Q3 2022 which is