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Bassett Furniture Industries, Incorporated

Bassett Furniture Industries, Incorporated

NASDAQ•BSET
CEO: Mr. Robert H. Spilman Jr.
Sector: Consumer Cyclical
Industry: Furnishings, Fixtures & Appliances
Listing Date: 1980-03-17
Bassett Furniture Industries, Incorporated, together with its subsidiaries, manufactures, markets, and retails home furnishings in the United States and internationally. It operates in three segments: Wholesale, Retail –Company-Owned Stores, and Corporate and Other. The company engages in the design, manufacture, sourcing, sale, and distribution of furniture products, including dining, bedroom and bedding, home decorations, rugs, and outdoor furniture to a network of company-owned retail stores, licensee-owned stores, and independent retailers. The company also distributes its products through multi-line furniture stores, including Bassett galleries or design centers, as well as sells online; and engages in wood and upholstery operations. In addition, it owns and leases land, retail store properties, warehouses, and distribution centers. Bassett Furniture Industries, Incorporated was founded in 1902 and is based in Bassett, Virginia.
Contact Information
3525 Fairystone Park Highway, PO Box 626, Bassett, VA, 24055, United States
276-629-6000
www.bassettfurniture.com
Market Cap
$137.58M
P/E (TTM)
17.7
26.9
Dividend Yield
5.1%
52W High
$19.75
52W Low
$13.62
52W Range
36%
Rank34Top 27.8%
4.7
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.7 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q3 2025 Data

Revenue

$80.10M+5.93%
4-Quarter Trend

EPS

$0.09-117.81%
4-Quarter Trend

FCF

-$2.64M+83.14%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Net Income Reverses Loss Nine months net income $4,573K versus prior $(12,899)K loss, showing strong profitability reversal for the period.
Gross Profit Rises 5.3% Nine months gross profit reached $138,733K, marking a 5.3% increase compared to the prior year period results.
Impairment Charges Eliminated Asset impairment charges were zero for nine months ended August 30, 2025, avoiding $5,515K recorded last year.
Operating Cash Flow Improves Operating cash flow provided $5,726K, an $8,049K improvement from the $2,323K used in the prior nine months.

Risk Factors

Raw Material Cost Volatility Exposure to volatile costs for wood, fabric, and petroleum-based foam products impacting manufacturing expenses.
Retail Real Estate Exposure Potential impairment risk on $23,680K retail real estate holdings if forced store closures occur during market weakness.
Inventory Levels Increasing Total inventories grew to $61,459K by August 30, 2025, requiring careful management of excess and obsolete reserves.
Supply Chain Tariff Uncertainty Fluctuations in sourced product costs due to potential supply chain disruptions, shortages, and new tariffs remain a concern.

Outlook

Strong Liquidity Position Liquidity is sufficient with $54,634K cash and investments, plus $16,818K available under the existing Credit Facility.
Website Investment Driving Sales Investing in website platform improvements to drive e-commerce sales, which increased over 30% year-to-date.
New Lease Commitments Made Two new real property leases committed, calling for average annual rents of approximately $702K over initial ten years.
Share Repurchase Capacity $18,882K remains authorized for future share repurchases under the existing stock repurchase plan limit.

Peer Comparison

Revenue (TTM)

Sleep Number CorporationSNBR
$1.44B
-17.0%
Traeger, Inc.COOK
$582.80M
-2.7%
iRobot CorporationIRBT
$547.00M
-33.1%

Gross Margin (Latest Quarter)

PLBY Group, Inc.PLBY
76.0%
+5.7pp
Sleep Number CorporationSNBR
59.9%
-0.9pp
Bassett Furniture Industries, IncorporatedBSET
56.2%
+3.1pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
SNBR$241.35M-3.116.4%125.5%
PLBY$170.86M-6.5351.0%71.7%
COOK$158.95M-1.5-41.3%62.0%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-1.7%
Flat Growth
4Q Net Income CAGR
-37.0%
Declining Profitability
Cash Flow Stability
50%
Cash Flow Needs Attention

Research & Insights

Next earnings:Jan 28, 2026
|
EPS:$0.30
|
Revenue:$86.90M
Reports
All Years

  • Form 10-Q - Q3 2025

    Period End: Aug 30, 2025|Filed: Oct 8, 2025|
    Revenue: $80.10M+5.9%
    |
    EPS: $0.09-117.8%
    Beat

  • Form 10-Q - Q2 2025

    Period End: May 31, 2025|Filed: Jul 10, 2025|
    Revenue: $84.35M+1.1%
    |
    EPS: $0.22-126.8%
    Beat

  • Form 10-Q - Q1 2025

    Period End: Mar 1, 2025|Filed: Apr 3, 2025|
    Revenue: $82.16M-5.1%
    |
    EPS: $0.21-250.0%
    Beat

  • Form 10-K - FY 2024

    Period End: Nov 30, 2024|Filed: Feb 10, 2025|
    Revenue: $329.92M-15.4%
    |
    EPS: $-1.11-208.3%
    Miss

  • Form 10-Q - Q3 2024

    Period End: Aug 31, 2024|Filed: Oct 10, 2024|
    Revenue: $75.62M-13.3%
    |
    EPS: $-0.52+73.3%
    Miss

  • Form 10-Q - Q2 2024

    Period End: Jun 1, 2024|Filed: Jul 11, 2024|
    Revenue: $83.41M-17.0%
    |
    EPS: $-0.82-441.7%
    Miss

  • Form 10-Q - Q1 2024

    Period End: Mar 2, 2024|Filed: Apr 3, 2024|
    Revenue: $86.55M-19.6%
    |
    EPS: $-0.14-187.5%
    Miss

  • Form 10-K - FY 2023

    Period End: Nov 25, 2023|Filed: Jan 25, 2024|
    Revenue: $390.14M-19.7%
    |
    EPS: $-0.36-113.3%
    Miss