Bassett Furniture Indus Q1 EPS $0.13 Misses $0.18 Estimate, Sales $80.340M Miss $84.384M Estimate

Bassett Furniture Industries reported Q1 earnings of $0.13 per share, missing the analyst estimate of $0.18 by 29.73%, and reflecting a 38.1% decrease from $0.21 per share in the same period last year. The company's quarterly sales were $80.340 million, falling short of the $84.384 million estimate by 4.79%, and marking a 2.22% decline from $82.162 million in the previous year.