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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
0.09
Last Year’s EPS
-0.52
Same Quarter Last Year
Based on 1 Analysts Ratings

Earnings Call Summary

Q2 2025
Earnings Call Date:Jul 09, 2025|
% Change Since:
|
Earnings Call Sentiment|Neutral
The company has shown resilience and adaptability in a challenging market environment with slight increases in sales and significant improvements in operating profit and financial metrics. However, challenges such as tariffs, a weak housing market, and decreased open market shipments remain.
Company Guidance
During the second quarter of fiscal 2025, Bassett Furniture Industries reported a slight increase in consolidated sales, up 1.1% from the previous year, with ongoing business revenue rising by 2.5% after excluding sales from the closed Noah Home, Inc. Despite a challenging sales environment affected by high interest rates and tariffs, the company achieved a $2.5 million operating profit, representing 3% of sales, reversing a prior-year loss. Wholesale shipments increased 3%, driven by a 12.6% rise in deliveries to Bassett retail stores, while shipments to the open market decreased by 2.6%, and Lane Venture shipments fell by 22%. Retail store sales grew by 7.5%, although written sales slightly declined by 0.8%. The company's gross margin improved to 55.6%, aided by cost reductions and efficiency gains, while SG&A expenses decreased by 330 basis points due to restructuring efforts. Despite tariff-related challenges leading to a 3-5% increase in wholesale prices, Bassett's e-commerce sales at bassettfurniture.com surged by 31%, and the company saw a 9.6% growth in orders from its corporate and licensed store network. The firm ended the quarter with $59.8 million in cash and short-term investments, maintaining a solid liquidity position with no outstanding debt. Looking forward, Bassett plans to open new stores in Cincinnati and Orlando and continue its focus on expanding its design trade and omnichannel strategies.
Slight Increase in Consolidated Sales
Consolidated sales increased slightly by 1.1% from last year's second quarter, and by 2.5% excluding sales from Noah Home, Incorporated.
Improved Operating Profit
The company delivered $2.5 million of operating profit or 3% of sales compared to a loss in the same period last year.
Growth in E-commerce
Written sales at bassettfurniture.com were up 31% in the second quarter versus last year, following a 36% increase in Q1.
Positive Wholesale and Retail Performance
Net sales in wholesale operations increased by 3%, and corporate retail deliveries increased by 7.5%.
Successful New Product Launches
New product lines like the Copenhagen and Newberry collections, as well as Benchmade hideaway dining program, received positive market responses.
Improved Financial Metrics
Consolidated gross margin improved by 310 basis points, and SG&A expenses decreased by 330 basis points.
Expansion Plans
Plans to open new stores in Cincinnati and Orlando, with construction starting in the fall.

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)
0.09 / -
-0.52
Jul 09, 2025
2025 (Q2)
0.17 / 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
$16.79$18.91+12.63%
Apr 02, 2025
$15.26$15.02-1.57%
Jan 29, 2025
$13.67$14.09+3.07%
Oct 09, 2024
$13.98$13.26-5.15%
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 0.09.
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