Welcome to our dedicated page for Bassett Furniture Inds news (Ticker: BSET), a resource for investors and traders seeking the latest updates and insights on Bassett Furniture Inds stock.
Bassett Furniture Industries, Inc. reports recurring developments tied to its home furnishings business, including wholesale furniture distribution, company-owned and licensed Bassett Home Furnishings stores, direct-to-consumer e-commerce, and open-market sales through Bassett Design Centers and Bassett Custom Studios. Company updates also reference custom furniture design and manufacturing capabilities, the Lane Venture outdoor brand, and sales channels serving furniture stores, interior design firms, and commercial customers.
News for BSET commonly covers fiscal results, conference calls, margin and expense trends, regular quarterly dividends, and strategic initiatives involving organic revenue growth, retail-store expansion, omni-channel selling, wholesale outreach, and product innovation across casegoods and upholstery programs.
Bassett Furniture (Nasdaq: BSET) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.20 per share of common stock. The dividend is payable on August 28, 2026, to shareholders of record as of the close of business on August 14, 2026.
Bassett (Nasdaq:BSET) reported fiscal Q2 2026 net sales of $83.8 million, down 0.7% year over year, with diluted EPS of $0.24 versus $0.22.
Operating income was $2.2 million (2.7% margin). Gross margin rose 90 basis points to 56.5%, while SG&A was 53.3% of sales. Cash from operations was $7.4 million for the quarter. Wholesale sales declined 2.0% but maintained a 15.4% operating margin; retail sales grew 2.4%. E-commerce written sales increased 40%, and Bassett is executing a cost-reduction plan targeting $1.5–$2.0 million in annual savings by fiscal year-end.
Bassett (Nasdaq:BSET) announced a conference call to discuss its Q2 2026 financial results. The call will be held on Thursday, July 2, 2026 at 9:00 a.m. ET.
The earnings release is planned for after market close on July 1, 2026, and the public can access a live webcast and replay via the company’s investor relations website.
Bassett Furniture Industries (NASDAQ: BSET) said CFO J. Michael Daniel will present at the Water Tower Research Insights virtual conference on April 14, 2026 at 2:30 pm ET. The talk will review the company’s five-point growth initiatives announced with its Fiscal 2026 Q1 results.
Bassett reported earnings April 1 and held its investor call April 2; the presentation will address efforts to improve revenue, profits and shareholder returns. Advance registration is encouraged for live access and on-demand replays.
Bassett Furniture Industries (NASDAQ: BSET) reported fiscal Q1 ended Feb. 28, 2026: consolidated net sales $80.34M, down 2.2% year-over-year. Gross margin was 56.2% (down 80 bps). Operating income was $1.2M (1.4% of sales) and diluted EPS was $0.13.
Cash used in operations was about $5.5M; e-commerce sales grew 28%. Management cited weak housing demand, severe January weather, and plans for measured store investments and cost savings of $1.5–$2.0M annually starting late Q2.
Bassett Furniture (Nasdaq: BSET) will host a conference call on Thursday, April 2, 2026 at 9:00 a.m. ET to discuss first quarter 2026 financial results. The company will issue its earnings release after market close on Wednesday, April 1, 2026.
Rob Spilman, Chairman and CEO, and Mike Daniel, Senior Vice President and CFO, will host the call. The public can listen via webcast on the company investor site or via the provided media-server link; the call will be archived for replay.
Bassett Furniture Industries (Nasdaq: BSET) declared a regular quarterly dividend of $0.20 per share, payable May 29, 2026, to shareholders of record at the close of business on May 15, 2026.
The company highlighted its distribution footprint: about 60% of sales through 86 company- and licensee-owned stores and a wholesale channel with more than 1,000 open market accounts.
Bassett Furniture Industries (NASDAQ: BSET) reported fiscal Q4 2025 results: consolidated net sales rose 5.1% to $88.7 million and gross margin was 56.3%. Operating income was $2.3 million (2.6% of sales); diluted EPS was $0.18 versus $0.38 a year earlier. The company generated $7.8 million of operating cash flow in the quarter and noted wholesale and retail sales growth driven by Bassett Casegoods and upholstery programs.
The company cited cost containment, prior restructuring benefits, and a new Bassett Hospitality division as part of its 2026 strategy.
Bassett Furniture Industries (NASDAQ: BSET) will host a conference call on Thursday, February 5, 2026 at 9:00 a.m. ET to discuss fourth quarter 2025 financial results. The company plans to issue its earnings release after market close on Wednesday, February 4, 2026. Rob Spilman, Chairman and CEO, and Mike Daniel, Senior VP and CFO, will host the call. The public can listen via webcast on the company investor relations site or via the provided media-server link. A replay of the conference call will be archived on the investor site for later access.
Bassett Furniture Industries (NASDAQ: BSET) declared a regular quarterly dividend of $0.20 per share, payable on February 27, 2026 to shareholders of record at the close of business on February 13, 2026. The declaration provides a near-term cash return to common shareholders.
Bassett sells about 60% of products through 86 company- and licensee-owned stores and maintains a significant wholesale channel with more than 1,000 open market accounts, including Bassett Design Centers, Bassett Custom Studios and the Lane Venture outdoor brand. Products are also sold direct-to-consumer at www.bassettfurniture.com.