BSET BASSETT FURNITURE INDUSTRIES INC
Price Chart
Executive Summary
Bassett Furniture reported Q1 2026 earnings with revenue of $80.3 million, down 2.2% year-over-year, and diluted EPS of $0.13, missing consensus of $0.23. Operating income declined to $1.2 million from $2.5 million in the prior year quarter.
Key Financial Metrics
Actionable Insight
The stock is likely to decline on missed earnings and declining margins. Monitor guidance for the full fiscal year during the conference call, as management cited ongoing housing market weakness and weather disruptions as headwinds.
Key Facts
- Q1 2026 revenue was $80.3 million, down 2.2% YoY
- Diluted EPS was $0.13, missing consensus of $0.23 by 43.5%
- Operating income declined to $1.2 million (1.4% of sales) from $2.5 million (3.0%) in the prior year quarter
- Gross margin decreased 80 basis points to 56.2% due to lower margins in both wholesale and retail businesses
- CEO cited weak housing market and severe January weather as headwinds
Financial Impact
Revenue down $1.9 million and EPS down $0.10 year-over-year
Risk Factors
- Continued weakness in the housing market could further impact demand
- Operating margin compression may continue if sales remain under pressure
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001437749-26-010906 |
| Document: bset20260401_8k.htm | 0001437749-26-010906 |
| Document: 0001437749-26-010906-index-headers.html | 0001437749-26-010906 |
| Document: 0001437749-26-010906-index.html | 0001437749-26-010906 |
| Document: 0001437749-26-010906.txt | 0001437749-26-010906 |
| 8-K Data (Synthetic) | 0001437749-26-010906 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Apr 21, 2026
4w ago
|
8-K
| $14.82 $14.08 | ▼ −4.99% | ▼ −9.91% | $14.64 (−1.21%) |
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Apr 1, 2026
7w ago
|
8-K
| $14.02 $14.58 | ▼ −3.99% | ▲ +5.88% | $14.64 (−4.42%) |
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Apr 1, 2026
7w ago
|
Press Release
| $14.02 $14.58 | ▼ −3.99% | ▲ +5.88% | $14.64 (−4.42%) |
|
Mar 23, 2026
8w ago
|
Press Release
| $14.50 $14.82 | ▲ +2.21% | ▼ −5.21% | $14.64 (+0.97%) |
|
Mar 12, 2026
10w ago
|
Press Release
| $13.97 $14.01 | ▲ +0.29% | ▼ −1.69% | $14.64 (+4.80%) |
US Market Status
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