Bassett Furniture

BSET

Market cap $134M

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.

BASSETT, Va., Oct. 08, 2025 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) reported today its results of operations for its third quarter ended August 30, 2025.

BASSETT, Va., Sept. 30, 2025 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) today announced it will host a conference call with management on Thursday, October 9, 2025, at 9:00 a.m.

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BASSETT, Va., July 22, 2025 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (BSET) announced that on July 16, 2025, James E. Goergen was elected a member of its Board of Directors beginning on July 22, 2025. “We welcome Jim Goergen to the Bassett Board of Directors,” said Rob Spilman, Chairman and CEO. “We are excited to have someone with his industry experience and track record to join the Bassett board. Jim's background as a CEO and CFO with years of experience in the interior design, sourcing and technology fields will be a tremendous additive to our strategic planning and operational execution as we move forward.”