Investing.com - Bassett reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Bassett announced earnings per share of $0.84 on revenue of $118.01M. Analysts polled by Investing.com anticipated EPS of $0.64 on revenue of $119.67M.
Bassett shares are up 3% from the beginning of the year, still down 33.25% from its 52 week high of $24.12 set on July 18.
Bassett shares lost 2.25% in intra-day trade following the report.
Bassett follows other major Consumer Discretionary sector earnings this month
Bassett's report follows an earnings beat by AutoZone on September 19, who reported EPS of $40.51 on revenue of $5.3B, compared to forecasts EPS of $38.51 on revenue of $5.15B.
Lululemon Athletica had beat expectations on September 1 with second quarter EPS of $2.2 on revenue of $1.87B, compared to forecast for EPS of $1.86 on revenue of $1.77B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar