The call presents a cautiously positive picture: the company delivered top-line growth across consolidated, wholesale and retail channels, strong digital momentum, product-led wins (notably wood/case goods and custom upholstery), and improved operating income while maintaining a debt-free balance sheet and healthy cash. However, margin pressure—especially in retail driven by tariff absorption—declining backlogs, EPS volatility, modest free cash flow, and near-term disruptions (weather, tariff uncertainty, Lane Venture timing) temper the outlook. Management is emphasizing continued cost discipline, product innovation, selective store expansion and higher planned CapEx for 2026.

Company Guidance

Management said fiscal 2026 is expected to resemble 2025 and emphasized running a leaner business while monitoring tariffs, with specific actions including opening three new stores (Cincinnati in Q2, Orlando in Q3 and a third planned), relocating Long Island to Melville in September, forecasting $8–$12 million of CapEx (vs. $4.5M in FY2025), continuing a regular 20¢ quarterly dividend payable Feb. 27 and opportunistic buybacks (Q4 buybacks $0.6M; Q4 dividends $1.7M). They reiterated growth priorities — e‑commerce (up 14% in Q4, +27% FY with double‑digit conversion gains), Bassett Design Centers (+5% Q4), Bassett Custom Studios (+21% Q4; 57 partners) and a new Bassett Hospitality push — while preserving liquidity ($59.2M cash & short‑term investments, no debt), generating $7.8M operating cash flow in the quarter ($13.5M FY; $2.0M free cash flow FY), and managing headcount reductions of 11% last year and a further 4% recently; backlogs at 11/29/25 were $19.5M wholesale and $34.4M retail.

Consolidated Revenue Growth

Consolidated revenue increased 5.1% year-over-year; excluding the impact of last year's Noah Home closure, consolidated revenues were up 6.4%.

Wholesale and Retail Sales Expansion

Wholesale sales rose 8.3% and retail sales increased 7.9% in the quarter. Shipments to the company's retail store network grew 14%, and shipments to the open market rose 3.4%.

Strong Product & Category Momentum

Wood/case goods offerings saw sales increase over 50% in the quarter; custom leather upholstery sales were up 19%. New lines (Copenhagen, Homework home office, US-made solid dining, Z4 sleeper) showed strong reception.

E-commerce and Digital Performance

E-commerce sales were up 14% in the quarter and up 27% for the full year; online conversion rates improved by double digits.

Operating Income Improvement

Operating income improved to $2.3 million (2.6% of sales) versus $0.9 million in the prior year quarter. Excluding impairments and restructuring-related costs, operating income was $2.8 million (3.2% of sales) versus $2.3 million (2.8%).

SG&A Leverage and Cost Savings

Selling, general & administrative expenses improved to 53.2% of sales (60 basis points lower year-over-year), with wholesale SG&A down ~50 bps and retail SG&A down ~180 bps due to restructuring, efficiencies and fixed-cost leverage.

Balance Sheet Strength and Cash Generation

Company ended the quarter with $59.2 million of cash and short-term investments, no debt, generated $7.8 million of operating cash flow in the quarter and $13.5 million for the year; cash and short-term investments increased $4.6 million in the quarter.

Strategic Channel & Footprint Progress

Bassett Custom Studio partners reached 57; Bassett Design Center sales up 5% and Custom Studio sales up 21%. Plans to open Cincinnati and Orlando stores in fiscal 2026 and continue opening ~2–4 stores per year.

Capital Allocation and Shareholder Returns

Board approved a regular $0.20 quarterly dividend; Q4 cash returns included $1.7M in dividends and $0.6M in share repurchases. Company intends opportunistic buybacks and plans higher CapEx for growth ($8–$12M forecast for 2026).

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

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BSET Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Mar 26, 2026	2026 (Q1)	0.18 / -	0.21	―	―	―
Feb 04, 2026	2025 (Q4)	0.29 / 0.18	0.38	-52.63% (-0.20)	―
Oct 08, 2025	2025 (Q3)	0.09 / 0.09	-0.52	117.31% (+0.61)	―
Jul 09, 2025	2025 (Q2)	0.17 / 0.22	-0.82	126.83% (+1.04)	―
Apr 02, 2025	2025 (Q1)	0.03 / 0.21	-0.14	250.00% (+0.35)	―
Jan 29, 2025	2024 (Q4)	-0.01 / 0.38	0.15	153.33% (+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)	―	―

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
Feb 04, 2026	$15.75	$15.70	-0.32%
Oct 08, 2025	$15.49	$16.38	+5.72%
Jul 09, 2025	$16.35	$18.42	+12.66%
Apr 02, 2025	$14.86	$14.63	-1.53%

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 Mar 26, 2026, TBA (Confirmed).

What is Bassett Furniture (BSET) earnings time?

Bassett Furniture (BSET) earnings time is at Mar 26, 2026, 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 2026 (Q1) is 0.19.