Seeking Alpha·5 days ago
Bassett Furniture Industries, Incorporated (BSET) Q2 2026 Earnings Call TranscriptBassett Furniture Industries, Incorporated (BSET) Q2 2026 Earnings Call Transcript
Bassett Furniture Industries, Incorporated(BSET)Earnings, Financials & Key Ratios
BSET•NASDAQ
$19.06
27.2× P/E·Price updated Jul 7, 2026
AboutBassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. It operates through three segments: Wholesale, Retail company-owned Stores, and Logistical Services. The company engages in the design, manufacture, sourcing, sale, and distribution of furniture products to a network of company-owned retail stores and licensee-owned stores, and independent furniture retailers; and wood and upholstery operations. As of November 27, 2021, it operated a network of 63 company-owned stores and 34 licensee-owned stores. It also provides shipping, and warehousing services to customers in the furniture industry. In addition, the company owns and leases retail store properties; and distributes its products through other multi-line furniture stores, Bassett galleries or design centers, mass merchants, and specialty stores, as well as sells its products online. Bassett Furniture Industries, Incorporated was incorporated in 1902 and is based in Bassett, Virginia.Show more
- Revenue$335M+1.6%
- EBITDA$17M+361.8%
- Net Income$6M+162.9%
- EPS (Diluted)0.70+163.1%
- Gross Margin56.28%+3.5%
- EBITDA Margin4.96%+357.6%
- Operating Margin2.33%+147.3%
- Net Margin1.82%+161.9%
- ROE3.67%+166.4%
BSET Price & Volume
Bassett Furniture Industries, Incorporated (BSET) stock price & volume — 10-year historical chart
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Cyclical Headwinds Constrain Bassett Furniture Operational Profitability
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Mixed
Profitability:Strained
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Cyclical Housing Market Sensitivity
Key Thesis Takeaways
- Bassett Furniture faces a challenging environment characterized by stagnant housing demand, which continues to suppress revenue growth and limit operating margins to a precarious 1.6% as of 2026Q1.
- While the company has demonstrated disciplined capital management by reducing total debt from $116.2 million in 2023Q4 to $85.0 million in 2026Q1, the reliance on existing cash reserves to fund a 4.6% dividend yield amidst volatile free cash flow remains a significant concern.
- Investors should monitor whether the company can achieve sustainable operational leverage, as the current high-touch retail model struggles to convert gross profits into meaningful bottom-line growth.
Verdict Logic
while the company maintains a healthy current ratio of 1.95, the persistent inability to generate consistent positive free cash flow warrants caution regarding the long-term sustainability of the 4.6% dividend yield.
BSET Growth Metrics
Bassett Furniture Industries, Incorporated (BSET) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-2.48%
5 Years-0.14%
3 Years-11.62%
TTM1.96%
Profit CAGR
10 Years-11.39%
5 Years-
3 Years-54.64%
TTM121.89%
EPS CAGR
10 Years-9.41%
5 Years-
3 Years-36.24%
TTM-54.18%
Return on Capital
10 Years4.95%
5 Years3.29%
3 Years-1.27%
Last Year3.04%
BSET Recent Earnings
Bassett Furniture Industries, Incorporated (BSET) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 6/12 qtrs (50%)
Q3 2026Latest
Jul 1, 2026Metric
Actual
Est
EPS
$0.24+20.0%
$0.20
Rev
$84M+0.5%
$83M
Q2 2026
Apr 1, 2026Metric
Actual
Est
EPS
$0.13-23.5%
$0.17
Rev
$80M-4.3%
$84M
Q1 2026
Feb 4, 2026Metric
Actual
Est
EPS
$0.23-23.3%
$0.30
Rev
$89M+2.0%
$87M
Q4 2025
Oct 8, 2025Metric
Actual
Est
EPS
$0.09+0.0%
$0.09
Rev
$80M-7.8%
$87M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q3 2026Latest | Jul 1, 2026 | $0.24vs $0.20+20.0% | $84Mvs $83M+0.5% |
| Q2 2026 | Apr 1, 2026 | $0.13vs $0.17-23.5% | $80Mvs $84M-4.3% |
| Q1 2026 | Feb 4, 2026 | $0.23vs $0.30-23.3% | $89Mvs $87M+2.0% |
| Q4 2025 | Oct 8, 2025 | $0.09vs $0.09+0.0% | $80Mvs $87M-7.8% |
Based on last 12 quarters of dataView full earnings history →
Latest BSET News
Recent stock market news and headlines for Bassett Furniture Industries, Incorporated (BSET)
Zacks Investment Research·6 days ago
Bassett Furniture (BSET) Q2 Earnings and Revenues Beat EstimatesBassett Furniture (BSET) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.2 per share. This compares to earnings of $0.22 per share a year ago.
GlobeNewsWire·6 days ago
Bassett Reports Fiscal Second Quarter ResultsBASSETT, Va., July 01, 2026 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) reported today its results of operations for its second quarter ended May 30, 2026.
Zacks Investment Research·Jun 25, 2026
Bassett (BSET) Surges 5.2%: Is This an Indication of Further Gains?Bassett (BSET) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
GlobeNewsWire·Jun 23, 2026
Bassett Announces Second Quarter Conference CallBASSETT, Va., June 23, 2026 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) today announced it will host a conference call with management on Thursday, July 2, 2026, at 9:00 a.m.
Peers Comparison
Key metrics vs top competitors for Bassett Furniture Industries, Incorporated (BSET)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $19.06 | $165.03M | 27.23 | 1.62% | 1.82% | 3.67% | 4.18% | |
| $17.04 | $436.5M | 8.48 | -4.89% | 6.81% | 8.46% | — | |
| $69.55 | $372.48M | 19.59 | 6.86% | 6.79% | 17.68% | — | |
| $21.34 | $286.5M | 10.94 | -7.31% | 4.73% | 16.21% | — | |
| $112.88 | $6.91B | 19.04 | -0.48% | 3.77% | 4.96% | — | |
| $7.82 | $73.19M | -0.31 | -6.63% | -22.64% | — | — |
Compare BSET vs Peers
Bassett Furniture Industries, Incorporated (BSET) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BSET SEC Filings & Documents
Bassett Furniture Industries, Incorporated (BSET) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
Jul 1, 2026·SEC
Material company update
Apr 21, 2026·SEC
Material company update
Apr 1, 2026·SEC
10-K Annual Reports
310-Q Quarterly Reports
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BSET Frequently Asked Questions
Bassett Furniture Industries, Incorporated (BSET) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Bassett Furniture Industries, Incorporated's revenue?
Bassett Furniture Industries, Incorporated (BSET) reported $332.9M in revenue for fiscal year 2025. This represents a 26% decrease from $450.7M in 1996.
How fast is Bassett Furniture Industries, Incorporated growing?
Bassett Furniture Industries, Incorporated (BSET) grew revenue by 1.6% over the past year. Growth has been modest.
Is BSET profitable?
Yes, Bassett Furniture Industries, Incorporated (BSET) is profitable, generating $5.5M in net income for fiscal year 2025 (1.8% net margin).
Dividend & Returns
Does BSET pay dividends?
Yes, Bassett Furniture Industries, Incorporated (BSET) pays a dividend with a yield of 4.18%. This makes it attractive for income-focused investors.
What is BSET's return on equity?
Bassett Furniture Industries, Incorporated (BSET) has a return on equity (ROE) of 3.7%. This is below average, suggesting room for improvement.
What is Bassett Furniture Industries, Incorporated's free cash flow?
Bassett Furniture Industries, Incorporated (BSET) generated $3.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.