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Bassett Furniture Industries I (BSET) Stock Price, News & Analysis

BSET NASDAQ
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Price Move History

Daily moves over 5%
12 252 sessions, September 11, 2025 to September 11, 2026
Largest daily move
+7.7% close of July 2, 2026
1-year change
+3.8% closing prices, September 11, 2025 to September 11, 2026
5-year change
-9.8% closing prices, September 10, 2021 to September 11, 2026

Company Description

Bassett Furniture Industries, Inc. (NASDAQ: BSET) is described in its public disclosures as a leading provider of high-quality home furnishings. The company participates in the manufacturing sector and is associated with wood furniture and related home furnishings products. Its business model combines furniture manufacturing, wholesale distribution, and branded retail operations across the United States.

Bassett reports its activities through distinct segments that reflect how it designs, manufactures, sources, sells, and distributes furniture and accessories. The company highlights its capabilities in custom furniture design and manufacturing and emphasizes on-trend furniture styles and coordinated decorating accessories offered to consumers in a professional retail environment.

Business Model and Segments

Bassett’s disclosures describe three primary areas of activity often discussed as segments: wholesale, retail, and corporate and other. The wholesale activities focus on the design, manufacture, sourcing, sale, and distribution of furniture products and accessories. The retail operations consist of company-owned and licensee-owned stores that present Bassett’s brand and custom capabilities directly to consumers. Corporate and other activities have included shared corporate functions and, in prior periods, the operations of Noa Home Inc.

According to recent company descriptions, approximately 60% of Bassett’s products are sold through a network of company- and licensee-owned Bassett Home Furnishings stores. These stores feature the company’s on-trend furniture assortments, its custom furniture design and manufacturing capabilities, free in-home design visits, and coordinated decorating accessories.

Wholesale Distribution and Open-Market Accounts

Beyond its branded stores, Bassett maintains what it characterizes as a significant traditional wholesale business. Company statements refer to more than 700 to more than 1,000 open-market accounts, depending on the specific disclosure, reflecting a broad base of wholesale customers. Most open-market sales occur through Bassett Design Centers and Bassett Custom Studios, which function as a store-within-a-store concept inside multi-line furniture retailers and highlight Bassett’s custom furniture capabilities.

The wholesale business also serves general furniture stores and a growing number of interior design firms. In addition, the Lane Venture outdoor brand is included within Bassett’s wholesale activities, extending the company’s reach into outdoor furnishings as part of its broader home furnishings offering.

Retail Network and Customer Experience

Bassett’s network of Bassett Home Furnishings stores is a central element of its business model. Company disclosures describe this network as comprising on the order of the mid-80s to high-80s in terms of company- and licensee-owned locations at the time of the referenced releases. These stores are presented as accounting for a substantial portion of wholesale business and as a primary channel for presenting Bassett’s brand, custom design capabilities, and decorating services.

Within these stores, Bassett emphasizes a retail experience that combines furniture and accessories with design support. The company highlights free in-home design visits and coordinated decorating accessories, positioning the stores as destinations where consumers can work with staff to plan and furnish living spaces using Bassett products.

Direct-to-Consumer and E-Commerce

In addition to its physical store network and wholesale accounts, Bassett states that its products are directly available to consumers through its own online channel. Company descriptions note that Bassett products can be purchased directly by consumers via its branded website, complementing its brick-and-mortar presence and allowing the company to participate in e-commerce for home furnishings.

Operational Focus and Manufacturing Base

Across multiple earnings releases, Bassett underscores its focus on custom furniture design and manufacturing. The company refers to its manufacturing base in the United States and links that base to its ability to support both wholesale and retail customers with custom furniture and design services. Management commentary in results releases also discusses efforts to improve operating efficiency, manage costs, and adjust to conditions in the home furnishings market and supply chain.

Bassett’s financial reporting highlights consolidated net sales of furniture and accessories and provides segment-level information for wholesale and retail operations. While specific financial figures change over time, the recurring structure of wholesale and retail segments, and the role of corporate and other activities, form a consistent part of how the company presents its business.

Corporate Structure and Governance Notes

Bassett Furniture Industries, Incorporated is organized under the laws of Virginia, as indicated in its SEC filings. The company has disclosed amendments to its bylaws, including an amendment that established a range for the number of directors on its board and allowed the board to fix the exact number of directors within that range. Such governance disclosures reflect ongoing attention to board composition and corporate structure.

Recent filings also document routine matters such as the declaration of regular quarterly dividends and the release of quarterly financial results. These filings are part of Bassett’s ongoing reporting obligations as a public company with its common stock listed on the NASDAQ under the symbol BSET.

Investment Perspective

From an investor’s perspective, Bassett represents a publicly traded home furnishings company that combines manufacturing, wholesale distribution, and branded retail operations. Its disclosures emphasize custom furniture capabilities, a network of branded stores, a base of open-market wholesale accounts, and availability of products through its own online channel. Investors analyzing BSET commonly review the performance of wholesale and retail segments, gross margins, selling, general and administrative expenses, and cash flow metrics as reported in the company’s periodic filings and earnings releases.

Stock Performance

$17.70
-2.21%
0.40
Last updated: September 11, 2026 at 15:59
+3.8%
Performance 1 year
$153.3M

Bassett Furniture Industries I (BSET) closed at $17.69 on September 11, 2026. Over the past 12 months, the price has gained 3.8%.

See what a $1,000 investment in BSET would be worth today

BSET Metrics & Rankings

Price returns through September 11, 2026. Month-to-date and YTD include the first trading day. Ranking links may use different dates.

Latest News

Bassett Furniture Industries I has 10 recent news articles. Of the recent coverage, 6 articles coincided with positive price movement and 4 with negative movement. Key topics include dividends, conferences. View all BSET news →

SEC Filings

Bassett Furniture Industries I has filed 5 recent SEC filings, including 2 Form SCHEDULE 13G/A, 2 Form 8-K, 1 Form 10-Q. The most recent filing was submitted on July 31, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all BSET SEC filings →

Financial Highlights

Bassett Furniture Industries I generated $335.3M in revenue in FY2025, retaining a 56.3% gross margin, operating income reached $7.8M (2.3% operating margin), and net income was $6.1M, reflecting a 1.8% net profit margin. Diluted earnings per share stood at $0.70. The company generated $13.5M in operating cash flow. With a current ratio of 1.89, the balance sheet reflects a strong liquidity position.

$335.3M
Revenue (FY2025)
$6.1M
Net Income (FY2025)
$13.5M
Operating Cash Flow

Upcoming Events

Short Interest History

Last 12 Months

Short interest in Bassett Furniture Industries I (BSET) currently stands at 49.4 thousand shares, up 5.5% from the previous reporting period, representing 0.7% of the float. Since September 2025, short interest has decreased by 74.9%. This relatively low short interest suggests limited bearish sentiment.

Days to Cover History

Last 12 Months

Days to cover for Bassett Furniture Industries I (BSET) currently stands at 1.6 days, up 55.4% from the previous period. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has decreased 89.2% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 1.0 to 24.1 days.

BSET Company Profile & Sector Positioning

Bassett Furniture Industries I (BSET) operates in the Furnishings, Fixtures & Appliances industry within the broader Consumer Cyclical sector and is listed on the NASDAQ. Among dividend-paying stocks, BSET ranks #698 by dividend yield.

Investors comparing BSET often look at related companies in the same sector, including Kewaunee Scientific Corp (KEQU), Virco Mfg. Corporation (VIRC), Hooker Furnishings Corporation (HOFT), Hamilton Beach Brands Holding Company (HBB), and Nova Lifestyle, Inc. (NVFY). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate BSET's relative position within its industry.

Frequently Asked Questions

What is the current stock price of Bassett Furniture Industries I (BSET)?

The current stock price of Bassett Furniture Industries I (BSET) is $17.70 as of September 11, 2026.

What is the market cap of Bassett Furniture Industries I (BSET)?

The market cap of Bassett Furniture Industries I (BSET) is approximately $153.3M. Learn more about what market capitalization means .

What is the revenue of Bassett Furniture Industries I (BSET) stock?

The FY2025 revenue of Bassett Furniture Industries I (BSET) is $335.3M, from its most recent completed fiscal year.

What is the net income of Bassett Furniture Industries I (BSET)?

The FY2025 net income of Bassett Furniture Industries I (BSET) is $6.1M, from its most recent completed fiscal year.

What is the earnings per share (EPS) of Bassett Furniture Industries I (BSET)?

The diluted earnings per share (EPS) of Bassett Furniture Industries I (BSET) is $0.70 for FY2025, its most recent completed fiscal year. Learn more about EPS .

What is the operating cash flow of Bassett Furniture Industries I (BSET)?

The operating cash flow of Bassett Furniture Industries I (BSET) is $13.5M. Learn about cash flow.

What is the profit margin of Bassett Furniture Industries I (BSET)?

The net profit margin of Bassett Furniture Industries I (BSET) is 1.8%. Learn about profit margins.

What is the operating margin of Bassett Furniture Industries I (BSET)?

The operating profit margin of Bassett Furniture Industries I (BSET) is 2.3%. Learn about operating margins.

What is the gross margin of Bassett Furniture Industries I (BSET)?

The gross profit margin of Bassett Furniture Industries I (BSET) is 56.3%. Learn about gross margins.

What is the current ratio of Bassett Furniture Industries I (BSET)?

The current ratio of Bassett Furniture Industries I (BSET) is 1.89, indicating the company's ability to pay short-term obligations. Learn about liquidity ratios.

What is the gross profit of Bassett Furniture Industries I (BSET)?

The gross profit of Bassett Furniture Industries I (BSET) is $188.7M for FY2025, its most recent completed fiscal year.

What is the operating income of Bassett Furniture Industries I (BSET)?

The operating income of Bassett Furniture Industries I (BSET) is $7.8M. Learn about operating income.

What does Bassett Furniture Industries, Inc. do?

Bassett Furniture Industries, Inc. is described in its public disclosures as a leading provider of high-quality home furnishings. The company designs, manufactures, sources, sells, and distributes furniture products and accessories through wholesale and retail channels, including company- and licensee-owned stores and open-market accounts.

How does Bassett Furniture generate revenue?

Bassett reports net sales of furniture and accessories and discusses its business in terms of wholesale and retail segments. The wholesale segment focuses on design, manufacture, sourcing, sale, and distribution of furniture products, while the retail segment consists of company-owned and licensee-owned stores that sell Bassett furniture and accessories directly to consumers.

What are Bassett’s main business segments?

Company disclosures refer to wholesale, retail, and corporate and other activities. Wholesale covers design, manufacture, sourcing, sale, and distribution of furniture and accessories. Retail includes company-owned and licensee-owned Bassett Home Furnishings stores. Corporate and other has included shared corporate costs and, in prior periods, the operations of Noa Home Inc.

How does Bassett sell its products to consumers?

Bassett states that approximately 60% of its products are sold through a network of company- and licensee-owned Bassett Home Furnishings stores. These stores feature on-trend furniture styles, custom furniture design and manufacturing capabilities, free in-home design visits, and coordinated decorating accessories. Bassett products are also directly available to consumers through the company’s online channel.

What is Bassett’s wholesale business?

Bassett describes its wholesale business as a significant traditional wholesale operation with more than 700 to more than 1,000 open-market accounts, depending on the disclosure. Most open-market sales are made through Bassett Design Centers and Bassett Custom Studios, which operate as store-within-a-store concepts in multi-line furniture stores and showcase Bassett’s custom furniture capabilities. The wholesale business also serves general furniture stores and a growing number of interior design firms.

What is the Lane Venture brand in relation to Bassett?

Company descriptions state that the wholesale business, including the Lane Venture outdoor brand, services general furniture stores and a growing number of interior design firms. Lane Venture is presented as part of Bassett’s wholesale operations within its broader home furnishings offering.

On which exchange does Bassett Furniture trade and under what symbol?

Bassett Furniture Industries, Inc. indicates that its common stock is listed on the NASDAQ under the ticker symbol BSET.

Where is Bassett Furniture Industries incorporated?

According to its SEC filings, Bassett Furniture Industries, Incorporated is organized under the laws of the Commonwealth of Virginia.

Does Bassett Furniture pay dividends?

Recent company announcements describe the declaration of regular quarterly dividends on Bassett’s common stock, such as a dividend of $0.20 per share declared by the Board of Directors. These disclosures indicate that Bassett has paid cash dividends to its shareholders.

How does Bassett support custom furniture and design services?

Bassett highlights its capabilities in custom furniture design and manufacturing in both its wholesale and retail channels. Bassett Home Furnishings stores, Bassett Design Centers, and Bassett Custom Studios are described as showcasing the company’s custom furniture capabilities, and the retail network offers free in-home design visits and coordinated decorating accessories.