Bassett Furniture

BSET

Market cap $147M

BASSETT, Va., Jan. 15, 2026 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has declared a regular quarterly dividend of $0.20 per share of common stock, payable on February 27, 2026, to shareholders of record at the close of business on February 13, 2026.

Furniture industry players like LZB, MLKN and BSET are evolving with digital innovation, e-commerce growth and rising demand for multifunctional furniture amid uncertainties.

Bassett Furniture Industries, Incorporated is upgraded from Sell to Hold due to recent revenue growth and a robust balance sheet. BSET's revenue and profitability improved, driven by strong custom upholstery demand, inventory liquidation, and operational efficiencies. Despite near-term strength, risks remain from tariffs, a slow housing market, and anticipated recessionary pressures impacting future buying.

Bassett Furniture Industries, Inc. BSET is waiting for the housing market recovery. Will it come in 2026?

Investors with an interest in Furniture stocks have likely encountered both MillerKnoll (MLKN) and Bassett Furniture (BSET). But which of these two companies is the best option for those looking for undervalued stocks?

BASSETT, Va., Oct. 16, 2025 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has declared a regular quarterly dividend of $0.20 per share of common stock, payable on November 28, 2025, to shareholders of record at the close of business on November 14, 2025.

Basset Furniture Industries' NASDAQ: BSET Q3 results affirm its strong position in an industry poised for a rebound. The furniture industry has struggled for years as high interest rates clamped down on housing activity, but the screws are loosening.

Bassett Furniture Industries (BSET) shows early signs of a turnaround, with improving sales, margins, and cash flow after recent restructuring and cost controls. BSET benefits from U.S. tariffs on imported furniture and a recovering housing market, but retail profitability remains a work in progress. Valuation metrics highlight asset and sales-based discounts, yet earnings multiples are elevated, reflecting a turnaround premium and conditional upside.

Bassett Furniture Industries, Incorporated (NASDAQ:BSET ) Q3 2025 Earnings Call October 9, 2025 9:00 AM EDT Company Participants John Daniel - Senior VP and Chief Financial & Administrative Officer Robert Spilman - President, CEO & Chairman Conference Call Participants Anthony Lebiedzinski - Sidoti & Company, LLC Douglas Lane - Water Tower Research LLC Presentation Operator Good day, and welcome to the Bassett Furniture Industries Third Quarter 2025 Earnings Call. [Operator Instructions].

Bassett Furniture (BSET) came out with quarterly earnings of $0.09 per share, in line with the Zacks Consensus Estimate . This compares to a loss of $0.52 per share a year ago.