Group 1 - Bassett Furniture (BSET) is currently outperforming its Consumer Discretionary peers with a year-to-date return of 13.1%, compared to the sector average of 12.1% [4] - The Zacks Rank for Bassett Furniture is 1 (Strong Buy), indicating a positive outlook based on earnings estimate revisions and improving earnings sentiment [3] - Over the past three months, the Zacks Consensus Estimate for BSET's full-year earnings has increased by 25.7%, reflecting a positive trend in analyst sentiment [4] Group 2 - Bassett Furniture belongs to the Furniture industry, which has 8 individual stocks and is currently ranked 67 in the Zacks Industry Rank; this industry has seen a decline of about 15.8% year-to-date [6] - In contrast, Roblox (RBLX), another Consumer Discretionary stock, has returned 77% since the beginning of the year and has a Zacks Rank of 2 (Buy) [5] - The Gaming industry, which includes Roblox, has 39 stocks and is ranked 87, with an average increase of 16.3% year-to-date [6]
Is Bassett Furniture Industries (BSET) Stock Outpacing Its Consumer Discretionary Peers This Year?