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Bassett Furniture
(NASDAQ:BSET)
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Rating:56Neutral
Price Target:
$21.00
▲(28.05% Upside)
Action:Reiterated
Date:07/03/26
The score is held back primarily by uneven financial performance (thin profitability, contracting revenue, and inconsistent cash-flow conversion) and a relatively expensive valuation (P/E ~31.5). Offsetting positives include a clear upward technical trend (price above key moving averages) and a constructive earnings call with defined margin/expense initiatives and strong liquidity, though near-term execution and timing headwinds remain.
Positive Factors
Ecommerce growth and higher AOV
Sustained online sales growth and a materially higher average order value indicate structural channel diversification and better monetization per visit. Improved UX and fabric module gains suggest repeatable e-commerce efficiency that boosts revenue quality and reduces reliance on store foot traffic over the coming months.
Negative Factors
Shrinking top line
A nearly 18% TTM revenue decline erodes scale and makes fixed-cost absorption harder, pushing SG&A and preopening costs to weigh more heavily on margins. Until top-line trends stabilize, margin initiatives must overcome a smaller revenue base to deliver durable profit improvement.
Read all positive and negative factors
Positive Factors
Negative Factors
Ecommerce growth and higher AOV
Sustained online sales growth and a materially higher average order value indicate structural channel diversification and better monetization per visit. Improved UX and fabric module gains suggest repeatable e-commerce efficiency that boosts revenue quality and reduces reliance on store foot traffic over the coming months.
Read all positive factors
Bassett Furniture Key Performance Indicators (KPIs)
Any
Revenue By Type
Highlights different revenue streams, providing insight into which product lines or services are driving sales and how diversified the company's income sources are.
Highlights different revenue streams, providing insight into which product lines or services are driving sales and how diversified the company's income sources are.
Data provided by:
The Fly
The FlyBassett Furniture (BSET) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$175.16M
Dividend Yield4.59%
Average Volume (3M)25.04K
Price to Earnings (P/E)31.5
Beta (1Y)0.35
Revenue Growth1.96%
EPS Growth122.75%
CountryUS
Employees1,228
SectorConsumer Cyclical
Sector Strength84
IndustryFurnishings, Fixtures & Appliances
Share Statistics
EPS (TTM)0.63
Shares Outstanding8,658,269
10 Day Avg. Volume32,440
30 Day Avg. Volume25,043
Financial Highlights & Ratios
PEG Ratio-0.14
Price to Book (P/B)0.82
Price to Sales (P/S)0.40
P/FCF Ratio15.04
Enterprise Value/Market Cap1.07
Enterprise Value/Revenue0.56
Enterprise Value/Gross Profit1.00
Enterprise Value/Ebitda10.33
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.83
Revenue Forecast (FY)$334.28M
Bassett Furniture Business Overview & Revenue Model
Company Description
Bassett Furniture Industries, Incorporated (BSET) is a prominent company involved in the design, manufacturing, marketing, and retail of home furnishings, serving both domestic U.S. and international markets. Its operations are segmented into thre...
How the Company Makes Money
Bassett makes money primarily by selling home furnishings and related products to end consumers and through wholesale/distribution to retailers. Key revenue streams include: (1) Retail sales through Bassett Home Furnishings stores, including compa...
Bassett Furniture Earnings Call Summary
Earnings Call Date:Jul 01, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Sep 24, 2026
Earnings Call Sentiment Positive
The call communicated multiple encouraging operating trends—robust ecommerce growth, higher retail written sales, consolidated gross margin expansion, healthy cash generation, product launches, and targeted cost savings—while acknowledging near-term challenges including slightly lower consolidated revenue, a 120-basis-point retail margin decline, elevated SG&A as a percentage of sales, shipment timing mismatches, higher freight costs, and front-loaded preopening/capex investments. Management articulated clear initiatives to improve retail margins (200–250 bps planned), convert marketing analytics into sustained traffic, and expand the store and wholesale footprint. Given the weight of strategic progress, margin improvement actions, and cash generation relative to the transitory operating and timing headwinds, the overall tone is constructive.Positive Updates
Retail Written Sales Momentum
Retail written sales increased 9.5% in Q2, with Memorial Day promotion written sales up 14% and retail foot traffic up 4% versus prior year; trends continued into June, providing positive momentum into Q3.
Negative Updates
Slight Revenue Decline
Total consolidated revenue was $83.8 million, down $0.5 million or 0.7% versus prior year, reflecting mixed top-line performance despite retail order growth.
Read all updates
Q2-2026 Updates
Positive
Negative
Retail Written Sales Momentum
Retail written sales increased 9.5% in Q2, with Memorial Day promotion written sales up 14% and retail foot traffic up 4% versus prior year; trends continued into June, providing positive momentum into Q3.
Read all positive updates
Company Guidance
Guidance highlights: management said it will raise retail gross margin by 200–250 basis points in mid‑July (with most of the benefit flowing into Q4), realize an additional $1.5–$2.0 million of annual expense/SG&A savings, and spend $10–$12 million of capital in fiscal 2026 (vs $4.5M last year); it is continuing store expansion (59 corporate and 28 licensed stores today, opened a 14k sq ft Cincinnati store May 8, plans a similar Orlando opening in early October, and will unveil a High Point showroom Oct 15) while growing omnichannel and wholesale channels (web traffic +3% in the quarter, web written sales +40% with AOV +24%, retail written sales +9.5% and Memorial Day written sales +14% on +4% traffic; wholesale orders +5.2% but shipments -2%; combined BDC/BCS orders +1.3% and shipments -4.5%—BDC -6.3%, BCS +7.2%). Liquidity and shareholder actions support the plan (cash and short‑term investments $53.9M, $7.4M operating cash flow in the quarter, a $2.9M net cash increase, $1.7M dividends and $0.5M buybacks), as management targets improved margins (consolidated gross margin 56.5% this quarter, +90 bps; retail gross margin 51.2%, -120 bps) to lift operating income (Q2 operating income $2.2M, 2.7% of sales; EPS $0.24).Bassett Furniture Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
63
Positive
Cash Flow
48
Neutral
| Breakdown | TTM | Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 332.86M | 335.28M | 329.92M | 390.14M | 485.60M | 430.89M |
| Gross Profit | 187.46M | 188.68M | 179.41M | 206.49M | 248.34M | 221.09M |
| EBITDA | 18.13M | 17.61M | -4.42M | 7.67M | 44.14M | 37.39M |
| Net Income | 5.48M | 6.10M | -9.70M | -3.17M | 65.34M | 18.04M |
Balance Sheet | ||||||
| Total Assets | 107.14M | 323.82M | 341.17M | 370.42M | 406.27M | 421.66M |
| Cash, Cash Equivalents and Short-Term Investments | 53.89M | 59.24M | 59.91M | 70.18M | 79.34M | 52.09M |
| Total Debt | 87.82M | 88.65M | 106.44M | 116.18M | 116.30M | 133.53M |
| Total Liabilities | 153.01M | 158.71M | 173.84M | 186.98M | 210.66M | 258.93M |
| Stockholders Equity | 164.48M | 165.11M | 167.33M | 183.44M | 195.61M | 162.73M |
Cash Flow | ||||||
| Free Cash Flow | 3.64M | 8.96M | -1.16M | 1.24M | -24.27M | 3.81M |
| Operating Cash Flow | 8.48M | 13.49M | 4.05M | 18.72M | -2.97M | 14.56M |
| Investing Cash Flow | -3.53M | -2.73M | -8.77M | -17.76M | 65.84M | -11.57M |
| Financing Cash Flow | -8.48M | -9.04M | -8.12M | -10.23M | -35.56M | -14.42M |
Bassett Furniture Technical Analysis
Positive
16.40
Price Trends
15.09
Positive
14.75
Positive
15.03
Positive
Market Momentum
1.10
Negative
85.31
Negative
84.76
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BSET, the sentiment is Positive. The current price of 16.4 is above the 20-day moving average (MA) of 16.19, above the 50-day MA of 15.09, and above the 200-day MA of 15.03, indicating a bullish trend. The MACD of 1.10 indicates Negative momentum. The RSI at 85.31 is Negative, neither overbought nor oversold. The STOCH value of 84.76 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BSET.
Bassett Furniture Risk Analysis
Bassett Furniture disclosed 9 risk factors in its most recent earnings report. Bassett Furniture reported the most risks in the "Ability to Sell" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Bassett Furniture Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | $1.59B | 16.03 | 9.83% | 2.39% | 0.83% | 4.17% | |
69 Neutral | $551.93M | 13.73 | 8.46% | 7.86% | -4.79% | -30.21% | |
64 Neutral | $180.67M | -7.82 | -13.04% | 7.20% | -25.67% | -96.05% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
56 Neutral | $175.16M | 31.48 | 3.24% | 4.59% | 1.96% | 122.75% | |
56 Neutral | $1.46B | 16.23 | 0.83% | 4.16% | 4.68% | ― |
* Consumer Cyclical Sector Average
BSET
Bassett Furniture
20.23
3.91
23.99%
ETD
Ethan Allen
21.69
-5.65
-20.65%
MLKN
MillerKnoll
21.42
1.58
7.96%
HOFT
Hooker Furniture
16.82
6.17
57.89%
LZB
La-Z-Boy Incorporated
39.91
1.87
4.90%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.