(BSET:NASDAQ) On Thursday July 1, 2021 Bassett Furniture Industries, Incorporated (BSET) posted better-than-expected revenues of $124.06mm surpassing the consensus estimate of $93.86mm (-24.34%) and in the same direction as Advan's forecasted sales. The revenue was +94.45% YoY - Advan's foot traffic data captured an increase in traffic of +80.13% YoY. The stock closed at $26.95, +10% from its previous day's closing price. Advan's footfall data has over 0.93 correlation on a YoY basis with Bassett's top-line revenue over the last 10 quarters.
