tiprankstipranks
Trending News
More News >
Bassett Furniture (BSET)
NASDAQ:BSET
US Market
Advertisement

Bassett Furniture (BSET) Earnings Dates, Call Summary & Reports

Compare
218 Followers

Earnings Data

Report Date
Jan 22, 2026
TBA (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
0.31
Last Year’s EPS
0.38
Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Oct 08, 2025|
% Change Since:
|
Earnings Call Sentiment|Positive
The earnings call highlighted improvements in revenue and operational profits, alongside challenges from tariffs and slightly declining retail margins. Despite these challenges, the company demonstrated resilience through increased e-commerce conversions and the expansion of the Bassett Custom Studio program.
Company Guidance
During the Bassett Furniture Industries Third Quarter 2025 Earnings Call, the company provided a detailed overview of its financial performance and strategic initiatives. The guidance highlighted a 5.9% increase in consolidated sales, with a 9.8% rise in company-owned retail stores and a 1% increase in wholesale sales. The gross margin improved by 320 basis points, reaching 56.2%, primarily due to better wholesale margins and ongoing operating efficiencies, which resulted in a $600,000 operating profit compared to a $6.4 million loss in the previous year. The company noted its ability to manage operating expenses, achieving a 590 basis point decrease in SG&A expenses as a percentage of retail sales. Bassett also reported a 35% increase in orders from its Bassett Custom Studio program and an 18% rise in conversion rates on its website. The company emphasized its strategic focus on innovation, marketing initiatives, and leveraging technology to adapt to industry challenges, particularly the impact of tariffs from countries like Vietnam and India, which influenced product pricing. The guidance also included updates on the company's dividend, cash position, and plans for new store openings in 2026, signaling cautious optimism despite the challenging market environment.
Revenue and Gross Margin Increase
Consolidated sales grew by 5.9%, with a 320 basis point improvement in gross margin due to better wholesale margins.
Operational Profit Turnaround
Achieved $600,000 in consolidated operating profit, a significant improvement from a $6.4 million loss in the same period last year.
Growth in Retail and Wholesale Sales
Orders increased by 5.9% overall, with company-owned retail stores seeing a 9.8% rise. Wholesale sales to the open market grew by approximately 1%.
E-commerce and Conversion Rates
Despite a slight decline in website traffic, conversion rates increased by 18%, indicating an improvement in the website experience.
Bassett Custom Studio Expansion
Orders in the Bassett Custom Studio program grew by 35% in Q3, with shipments up 38%.

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
Jan 22, 2026
2025 (Q4)
0.31 / -
0.38
Oct 08, 2025
2025 (Q3)
0.09 / 0.09
-0.52117.31% (+0.61)
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)
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
Oct 08, 2025
$15.90$16.81+5.72%
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%
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 Jan 22, 2026, TBA (Confirmed).
    What is Bassett Furniture (BSET) earnings time?
    Bassett Furniture (BSET) earnings time is at Jan 22, 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 2025 (Q4) is 0.31.
            What am I Missing?
            Make informed decisions based on Top Analysts' activity
            Know what industry insiders are buying
            Get actionable alerts from top Wall Street Analysts
            Find out before anyone else which stock is going to shoot up
            Get powerful stock screeners & detailed portfolio analysis