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Highest Future Earnings Growth in the Home Furnishings Industry Detected in Shares of Bassett Furn (BSET, TPX, ETH, LZB, HOFT)

By Shiri Gupta

Below are the three companies in the Home Furnishings industry with the highest future earnings growth. The growth of earnings per share (next fiscal year estimated vs. current fiscal year estimated) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

Bassett Furn ranks highest with a future earnings growth of 56.0%. Tempur Sealy Int is next with a future earnings growth of 21.6%. Ethan Allen ranks third highest with a future earnings growth of 19.7%.

La-Z-Boy Inc follows with a future earnings growth of 14.0%, and Hooker Furniture rounds out the top five with a future earnings growth of 13.0%.

SmarTrend recommended that its subscribers protect gains by selling shares of Bassett Furn on January 24th, 2020 by issuing a Downtrend alert when the shares were trading at $14.64. Since that call, shares of Bassett Furn have fallen 62.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest future earnings growth bassett furn tempur sealy int ethan allen la-z-boy inc hooker furniture