Bassett Furniture Industries (BSET) reported second quarter EPS of $0.54 Thursday morning, up from $0.31 in the prior year period. Analysts expected EPS of $0.36.
Bassett Furniture rose sharply in the first half hour of trade Thursday, but settled into a range for the rest of the session. Shares finished with a gain of 3.35 at $36.15 on above average volume. The stock broke out of nearly a 3-week trading range and set a new high for the year.
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