Welcome to our dedicated page for Bassett Furniture Inds SEC filings (Ticker: BSET), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Bassett Furniture Industries, Inc. (NASDAQ: BSET) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. As a Virginia-incorporated public company, Bassett submits current reports on Form 8-K and other required filings that document material events, corporate governance changes, and financial reporting.
Recent 8-K filings include disclosures about quarterly financial results and the declaration of regular quarterly dividends on Bassett’s common stock, as well as amendments to the company’s bylaws that affect the size and structure of the Board of Directors. These filings often incorporate or reference news releases that detail segment performance for wholesale and retail operations, net sales of furniture and accessories, and other key financial metrics.
Through this page, users can track Bassett’s ongoing reporting history, including items such as other events under Item 8.01 of Form 8-K and governance updates under Item 5.03. Stock Titan enhances access to these documents with AI-powered summaries that explain the main points of each filing in plain language, helping readers understand the significance of dividend declarations, bylaw amendments, and earnings-related announcements without reading every line of the source documents.
In addition to current reports, investors may use this page as a starting point to locate Bassett’s periodic reports, such as annual reports on Form 10-K and quarterly reports on Form 10-Q, which contain detailed financial statements, segment information, and risk disclosures. The combination of real-time updates from EDGAR and AI-generated highlights allows users to follow BSET’s regulatory record and quickly identify filings related to financial performance, corporate structure, and other material developments.
Bassett Furniture Industries reported fiscal first quarter 2026 net sales of $80.3 million, down from $82.2 million a year earlier, as weather disruptions and a weak housing market slowed demand. Net income declined to $1.1 million from $1.9 million, with earnings per share of $0.13 versus $0.21.
Wholesale segment sales were essentially flat while retail sales dipped slightly and produced a small operating loss. The company generated a consolidated operating margin of 1.4%, down from 3.0%. Cash and cash equivalents were $33.0 million at quarter end, and operating activities used $5.5 million of cash.
Management highlighted a 28% increase in e-commerce sales, ongoing investments in new stores in Cincinnati and Orlando, and a new High Point showroom. Several cost initiatives are underway that are expected to reduce expenses by $1.5 to $2.0 million annually beginning late in the second quarter.
Bassett Furniture reported softer results for the quarter ended February 28, 2026. Net sales of furniture and accessories were $80.3 million, down 2.2% from $82.2 million a year earlier, as winter weather disruptions affected store operations and logistics.
Net income declined to $1.1 million from $1.9 million, and diluted earnings per share fell to $0.13 from $0.21. Consolidated gross margin slipped to 56.2% from 57.0%, reflecting lower margins in both wholesale and retail, while SG&A expenses stayed high at 54.7% of sales.
The company ended the quarter with $32.99 million in cash and $17.96 million in short-term investments, plus an undrawn revolving credit facility with $19.13 million of availability. Operating activities used $5.5 million of cash, largely due to working capital, but Bassett continued its $0.20 quarterly dividend and modest share repurchases.
Bassett Furniture Industries Inc: Amendment filing shows The Vanguard Group reports 0 shares beneficially owned, representing 0% of Common Stock as disclosed in this Schedule 13G/A. The filing includes a note that on January 12, 2026 Vanguard completed an internal realignment leading certain subsidiaries to report holdings separately.
Battle Emma S. reported acquisition or exercise transactions in this Form 4 filing.
Bassett Furniture Industries director Emma S. Battle received a restricted stock grant of 2,857 shares of Common Stock at $14.00 per share. The award was granted under the company’s 2021 Stock Incentive Plan, which is designated as a Rule 16b-3 plan.
The restricted shares vest in one year and carry a risk of forfeiture until vesting and are subject to stock ownership guidelines. Following this grant, Battle directly holds a total of 13,667 Bassett Furniture shares.
BELK JOHN R reported acquisition or exercise transactions in this Form 4 filing.
Bassett Furniture Industries director John R. Belk reported receiving a grant of 2,857 shares of common stock as a restricted stock award under the 2021 Stock Incentive Plan. The shares were valued at $14.00 per share, based on the closing price on March 11, 2026.
The restricted stock vests in one year and is subject to risk of forfeiture until vesting and to stock ownership guidelines. After this grant, Belk directly holds a total of 46,407 Bassett common shares.
CASHMAN KRISTINA K reported acquisition or exercise transactions in this Form 4 filing.
Bassett Furniture Industries director Kristina K. Cashman received a grant of 2,857 shares of restricted common stock at a reference price of $14.00 per share under the 2021 Stock Incentive Plan. The award vests in one year and is subject to forfeiture and stock ownership guidelines. Following this compensation grant, she directly holds 24,127 shares of Bassett common stock.
Goergen James Edward reported acquisition or exercise transactions in this Form 4 filing.
Bassett Furniture Industries director James Edward Goergen received a grant of 2,857 shares of common stock as restricted stock. The award was granted under the 2021 Stock Incentive Plan, which is a Rule 16b-3 plan, at a reference price of $14.00 per share based on the stock’s closing price on March 11, 2026.
The restricted stock vests in one year and is subject to a risk of forfeiture until vesting, as well as to the company’s stock ownership guidelines. Following this grant, Goergen directly holds 2,857 shares of Bassett Furniture Industries common stock.
Hamlet Virginia W. reported acquisition or exercise transactions in this Form 4 filing.
Bassett Furniture Industries director Virginia W. Hamlet received a grant of 2,857 shares of common stock as restricted stock compensation. The award was granted at a reference price of $14.00 per share and was issued under the company’s 2021 Stock Incentive Plan.
The restricted stock will vest in one year and is subject to a risk of forfeiture until vesting and to the company’s stock ownership guidelines. Following this grant, Hamlet directly holds a total of 20,480 shares of Bassett Furniture common stock, reflecting a routine, plan-based equity award rather than an open-market purchase.
Wampler William C Jr reported acquisition or exercise transactions in this Form 4 filing.
Bassett Furniture Industries director William C. Wampler Jr. received a grant of 2,857 shares of restricted common stock at a reference price of $14.00 per share. The award was made under the 2021 Stock Incentive Plan and vests in one year.
The restricted shares are subject to risk of forfeiture until they vest and must comply with the company’s stock ownership guidelines. Following this compensation-related grant, Wampler directly holds 30,867 shares of Bassett Furniture Industries common stock.
MCDOWELL JOHN WALTER reported acquisition or exercise transactions in this Form 4 filing.
Bassett Furniture Industries director John Walter McDowell received a grant of 2,857 shares of common stock at $14.00 per share as restricted stock under the 2021 Stock Incentive Plan. The award vests in one year and is subject to forfeiture and stock ownership guidelines. Following this grant, he directly holds 23,823 common shares.