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Bassett Furniture (BSET)
NASDAQ:BSET
US Market
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Bassett Furniture (BSET) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Sep 25, 2025
TBA (Confirmed)
Period Ending
2025 (Q3)
Consensus EPS Forecast
0.17
Last Year’s EPS
-0.52
Same Quarter Last Year
Based on 0 Analysts Ratings

Earnings Call Summary

Q2 2025
Earnings Call Date:Jul 09, 2025|
% Change Since: 9.36%|
Earnings Call Sentiment|Neutral
The earnings call reflected a mixed sentiment. While there were clear improvements in financial performance, e-commerce growth, and cost reductions, significant challenges remain due to the tough sales environment, declines in open market sales, and the impact of tariffs.
Company Guidance -
Q3 2025
In the second quarter of fiscal 2025, Bassett Furniture Industries reported a slight increase in consolidated sales by 1.1% compared to the previous year, and a 2.5% increase when excluding sales from the closed Noah Home, Inc. The company achieved an operating profit of $2.5 million, representing 3% of sales, reversing a previous year's loss. Despite challenging market conditions, including a weak housing market and high interest rates, the company noted a 9.6% increase in orders from their corporate and licensed store network, although wholesale orders from the open market declined by 6.6%. The company also reported an increase in corporate retail deliveries by 7.5% and a significant increase in written sales at bassettfurniture.com by 31%. Efforts to reduce costs resulted in a 330 basis point decrease in selling, general, and administrative expenses, while consolidated gross margin improved by 310 basis points to 55.6%. The company plans to open two new stores in Cincinnati and Orlando and maintain a solid liquidity position with $59.8 million in cash and no outstanding debt.
Improved Financial Performance
Bassett Furniture Industries reported a 1.1% increase in consolidated sales compared to the prior year, with an operating profit of $2.5 million or 3% of sales, contrasting with a loss in the previous year. Diluted earnings per share were $0.22 versus a loss of $0.82.
Growth in E-commerce
Written sales at bassettfurniture.com were up 31% in the second quarter versus last year, following an increase of 36% in Q1, despite the housing issues.
Successful Cost Reduction
Selling, general, and administrative expenses were 52.7% of sales, 330 basis points lower than the prior year, reflecting benefits from the prior year restructuring program and ongoing cost optimization activities.
Expansion in Retail and Design Studios
Bassett added seven new retail stores and plans to open two new markets in Cincinnati and Orlando. The new Bassett custom studio program in the open market grew by double digits.

Bassett Furniture (BSET) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

BSET Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Sep 25, 2025
2025 (Q3)
0.17 / -
-0.52
Jul 09, 2025
2025 (Q2)
0.13 / 0.22
-0.82126.83% (+1.04)
Apr 02, 2025
2025 (Q1)
0.03 / 0.21
-0.14250.00% (+0.35)
Jan 29, 2025
2024 (Q4)
-0.01 / 0.38
0.15153.33% (+0.23)
Oct 09, 2024
2024 (Q3)
-0.34 / -0.52
-0.3-73.33% (-0.22)
Jul 10, 2024
2024 (Q2)
-0.11 / -0.82
0.24-441.67% (-1.06)
Apr 03, 2024
2024 (Q1)
<0.01 / -0.14
0.16-187.50% (-0.30)
Jan 25, 2024
2023 (Q4)
-0.06 / 0.15
0.61-75.41% (-0.46)
Sep 28, 2023
2023 (Q3)
-0.58 / -0.30
0.84-135.71% (-1.14)
Jun 29, 2023
2023 (Q2)
0.03 / 0.24
0.81-70.37% (-0.57)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

BSET Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jul 09, 2025
$16.99$19.14+12.65%
Apr 02, 2025
$15.44$15.20-1.55%
Jan 29, 2025
$13.84$14.26+3.03%
Oct 09, 2024
$14.15$13.42-5.16%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Bassett Furniture (BSET) report earnings?
Bassett Furniture (BSET) is schdueled to report earning on Sep 25, 2025, TBA (Confirmed).
    What is Bassett Furniture (BSET) earnings time?
    Bassett Furniture (BSET) earnings time is at Sep 25, 2025, TBA (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is BSET EPS forecast?
          BSET EPS forecast for the fiscal quarter 2025 (Q3) is 0.17.
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