Bassett Furniture (BSET)
NASDAQ:BSET
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Bassett Furniture
(NASDAQ:BSET)
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Rating:48Neutral
Price Target:
$14.00
▼(-14.63% Downside)
Action:ReiteratedDate:04/02/26
The score is held back mainly by weak underlying financial quality (shrinking revenue, thin margins, and deteriorating/volatile free cash flow) and soft technicals (below key moving averages with negative MACD). Offsetting factors include strong liquidity and a high dividend yield, plus earnings-call initiatives (cost savings and omnichannel growth efforts) that provide some support but do not yet outweigh the current fundamentals and momentum.
Positive Factors
Strong Liquidity
A $51M cash cushion materially increases the company's resilience to seasonal troughs, weather disruptions and short-term negative operating cash flow. This liquidity underpins planned capital spend, supports dividend continuity and gives management flexibility to execute strategy without urgent refinancing.
Negative Factors
Revenue Contraction
A declining revenue trend erodes operating leverage and constrains the ability to invest in growth initiatives. Persistent top‑line weakness over multiple periods risks market share loss, higher SG&A as a percent of sales, and makes margin recovery more difficult even if unit economics improve.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Liquidity
A $51M cash cushion materially increases the company's resilience to seasonal troughs, weather disruptions and short-term negative operating cash flow. This liquidity underpins planned capital spend, supports dividend continuity and gives management flexibility to execute strategy without urgent refinancing.
Read all positive factors
Bassett Furniture (BSET) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$121.15M
Dividend Yield4.59%
Average Volume (3M)25.04K
Price to Earnings (P/E)29.1
Beta (1Y)0.31
Revenue Growth-2.74%
EPS GrowthN/A
CountryUS
Employees1,228
SectorConsumer Cyclical
Sector Strength84
IndustryFurnishings, Fixtures & Appliances
Share Statistics
EPS (TTM)0.13
Shares Outstanding8,647,234
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 Cap1.43
Enterprise Value/Revenue0.52
Enterprise Value/Gross Profit0.93
Enterprise Value/Ebitda9.79
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.9
Revenue Forecast (FY)$342.70M
Bassett Furniture Business Overview & Revenue Model
Company Description
Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. It operates through three segments: Wholesale, Retail company-owned Stores, and Logistical ...
How the Company Makes Money
Bassett primarily makes money by selling home furnishings (notably furniture) through multiple channels. A key revenue stream is retail sales through company-operated Bassett Home Furnishings stores, where revenue is generated from direct-to-consu...
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 Earnings Call Summary
Earnings Call Date:Apr 01, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Jul 15, 2026
Earnings Call Sentiment Neutral
The call presents a mixed picture: operational headwinds in Q1 (weather disruptions, tariff absorption, lower margins, negative operating cash flow and modest revenue decline) materially weighed on near-term results and profitability. Offsetting these challenges are solid liquidity, continued shareholder returns, strong e‑commerce momentum (130% conversion increase; 28% more orders), product strength in custom upholstery (6% written sales growth), Lane Venture shipment growth, and a clear multi‑pronged growth strategy with identified cost savings of $1.5–$2.0M starting late Q2. Given the comparable scale of near‑term financial weaknesses and the strategic initiatives and cash cushion to address them, the overall tone is balanced with cautious optimism.Positive Updates
Strong Liquidity and Shareholder Returns
Cash and short-term investments of $51.0 million; continued dividend program (paid $1.7M in the quarter) and Board-approved $0.20 dividend payable May 29; opportunistic share repurchases ($147k in the quarter).
Negative Updates
Revenue Decline
Total consolidated revenue of $80.3 million, down $1.8 million or 2.2% year-over-year; retail revenue decreased $0.7 million and external wholesale revenue decreased $1.1 million.
Read all updates
Q1-2026 Updates
Positive
Negative
Strong Liquidity and Shareholder Returns
Cash and short-term investments of $51.0 million; continued dividend program (paid $1.7M in the quarter) and Board-approved $0.20 dividend payable May 29; opportunistic share repurchases ($147k in the quarter).
Read all positive updates
Company Guidance
Management's guidance emphasized cost control and targeted investments: they expect $1.5–$2.0 million of annual savings beginning late in Q2, expect retail margins to improve after mid‑January price increases (retail gross margin was 51.5% in Q1, down 170 bps), and plan $8–$12 million of capital expenditures in 2026 (vs $4.5M in 2025) to support two new corporate stores (Cincinnati, Orlando), a Long Island relocation and a High Point showroom move; liquidity remains solid with $51M of cash/short‑term investments despite Q1 operating cash flow of negative $5.5M, consolidated revenue of $80.3M (down 2.2%), gross margin 56.2% (down 80 bps), operating income $1.2M (1.4% of sales), diluted EPS $0.13, and SG&A (ex new store preopening) 54.7% of sales (up 70 bps). They also reaffirmed shareholder returns (board approved $0.20 dividend payable May 29; $1.7M in dividends and $147k in buybacks this quarter), noted store preopening costs of $200k–$400k per store, and pointed to growth levers—e‑commerce conversion was up 130% with orders up 28%, true custom upholstery written retail sales +6%, and Lane Venture shipments up 32% (including store shipments)—that management expects to help drive recovery.Bassett Furniture Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
58
Neutral
Cash Flow
40
Negative
| Breakdown | TTM | Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 333.46M | 335.28M | 329.92M | 390.14M | 485.60M | 430.89M |
| Gross Profit | 187.02M | 188.68M | 179.41M | 206.49M | 248.34M | 221.09M |
| EBITDA | 17.70M | 17.61M | -4.42M | 7.67M | 44.14M | 37.39M |
| Net Income | 5.36M | 6.10M | -9.70M | -3.17M | 65.34M | 18.04M |
Balance Sheet | ||||||
| Total Assets | 316.15M | 348.71M | 341.17M | 370.42M | 406.27M | 421.66M |
| Cash, Cash Equivalents and Short-Term Investments | 50.95M | 59.24M | 59.91M | 70.18M | 79.34M | 52.09M |
| Total Debt | 85.04M | 158.00M | 106.44M | 116.18M | 116.30M | 133.53M |
| Total Liabilities | 151.71M | 183.61M | 173.84M | 186.98M | 210.66M | 258.93M |
| Stockholders Equity | 164.45M | 165.11M | 167.33M | 183.44M | 195.61M | 162.73M |
Cash Flow | ||||||
| Free Cash Flow | 3.55M | 8.96M | -1.16M | 1.24M | -24.27M | 3.81M |
| Operating Cash Flow | 8.07M | 13.49M | 4.05M | 18.72M | -2.97M | 14.56M |
| Investing Cash Flow | -2.74M | -2.73M | -8.77M | -17.76M | 65.84M | -11.57M |
| Financing Cash Flow | -8.41M | -9.04M | -8.12M | -10.23M | -35.56M | -14.42M |
Bassett Furniture Technical Analysis
Negative
16.40
Price Trends
14.74
Negative
15.37
Negative
15.53
Negative
Market Momentum
-0.15
Negative
42.43
Neutral
70.19
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BSET, the sentiment is Negative. The current price of 16.4 is above the 20-day moving average (MA) of 14.23, above the 50-day MA of 14.74, and above the 200-day MA of 15.53, indicating a bearish trend. The MACD of -0.15 indicates Negative momentum. The RSI at 42.43 is Neutral, neither overbought nor oversold. The STOCH value of 70.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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 | $569.74M | 12.45 | 9.20% | 7.86% | -4.26% | ― | |
65 Neutral | $1.38B | 18.08 | 8.12% | 2.39% | 1.78% | -25.36% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
54 Neutral | $165.11M | -1.14 | -15.57% | 7.20% | -12.09% | -204.66% | |
50 Neutral | $1.05B | 14.70 | 0.83% | 4.16% | 4.34% | -141.36% | |
48 Neutral | $121.15M | 29.10 | 3.24% | 4.59% | -2.74% | ― | |
45 Neutral | $32.24M | -1.49 | 25.91% | ― | -16.95% | -88.00% |
* Consumer Cyclical Sector Average
BSET
Bassett Furniture
14.01
-1.54
-9.89%
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-2.66
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LZB
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SNBR
Sleep Number
1.41
-3.58
-71.74%
Bassett Furniture Corporate Events
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Bassett Furniture Shareholders Back Board, Pay and ESPP Expansion
Positive
Mar 12, 2026
Bassett Furniture held its 2026 annual meeting of shareholders on March 11, 2026, with 8,686,117 common shares eligible to vote, and shareholders elected all nominated directors, including Emma S. Battle, John R. Belk and other incumbents. Investo...
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.