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Bassett Furniture Industries Inc (BSET) stock

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NASDAQ: BSET Nasdaq Home Furnishings Next results ~December 21, 2026

C+ Fundamentals grade

Bassett Furniture Industries Inc is a US-listed company in the home furnishings industry. Its financial year ends in November.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$16

Cash-flow model

Base case. Range ~$13–$19 across our lower- and higher-growth cases (-3%–7% a year).

Price vs value

Overvalued

The price is above our entire value range; our base value is 33% below it.

Price used: $23.29, November 2, 2026

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds31 adding, 47 cuttingOf 16 active managers that changed their stake, 8 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Bassett Furniture Industries files

Where Bassett Furniture Industries stands after its latest 10-Q

Revenue for the twelve months to August 2026 was $336m, up 1.4% on a year earlier, slower than the 2.0% growth a quarter earlier. Free-cash-flow margin held at 2.4%. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 1 of our 1 financial-health checks. Our cash-flow model value is $15.50 a share, against a share price of $22.76. At that price, our model says the market is pricing in about 12.1% a year of cash-flow growth for five years, faster than the -4.9% a year revenue growth it has delivered.

Source: 10-Q filed September 30, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~December 21, 2026 (estimated)

Bassett Furniture Industries Inc's trailing-twelve-month revenue grew 1.4% year on year, with a free-cash-flow margin of 2.4%. Where it stands out: days sales outstanding of 16 days ranks 1 of 7 home furnishings companies we cover. Where it lags: free-cash-flow margin of 2.4% ranks 9 of 11 home furnishings companies we cover.

Our discounted-cash-flow model values the business at ~$16 per share in the base case (~$13–$19 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 3.0% while net income fell 12.8%: a 16pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Shrinking share count. Diluted shares fell 7.3% in a year, so each share owns more of the business.
  • Net cash. Cash exceeds long-term debt by $0.0bn.

Things to watch

  • Priced above our value. The share price of $23.29 is 33% above our value per share of $16.
  • Below peers: free-cash-flow margin. Free-cash-flow margin of 2.4% ranks 9 of 11 home furnishings companies we cover (median 4.8%).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results: FY2026 Q3

Filed September 30, 2026
Earnings per share
$0.24 against an average estimate of $0.12: beat by 100.0%
Revenue
$83m, up 3.4% on a year earlier
Share reaction
+5.6% in the first session after the results on September 30, 2026, against 0.0% for the S&P 500
Next report
September 30, 2026; average EPS estimate $0.37

Bassett Furniture Industries' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+3.5%
  • 1 week+4.6%
  • 1 month+12.4%
  • This year+44.1%
  • 1 year+66.0%
  • 5 years+80.0%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$336M
Operating margin
2.5%
Net margin
2.0%

Growth

Revenue growth
+1.4%
Change in growth rate
−0.6 pts

Cash

Free cash flow (TTM)
$8.1M
FCF margin
2.4%

Earnings

Last results
September 30, 2026
Next results (est.)
December 21, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Results
  3. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

What the price is pricing in

The share price implies about 12.7% a year of cash-flow growth for five years.That is faster than the -4.9% a year revenue growth Bassett Furniture Industries has delivered.

  • Priced in12.7%
  • Last 12 months1.4%
  • 3 years a year-6.9%
  • 5 years a year-4.9%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($23.29, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$16
Price used
$23.29close November 3, 2026
Implied change
▼ 33%
Uncertainty
Low

How we got here: a discounted-cash-flow model of Bassett Furniture Industries Inc's free cash flow after stock-based pay with after-tax interest added back ($4.9M, FY2026 Q3 TTM), growing 2.8% and 2.3% in the next two years (forecasts, guidance and its record), then back to 2% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$13–~$19 ; that spread sets a 15% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Bassett Furniture Industries Inc's free cash flow after stock-based pay ( $4.9M, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Bassett Furniture Industries Inc as an operating company, with every model that fits that kind of business. Cost of equity 8.3%: the 10-year Treasury yield (4.9%) plus a beta of 0.74 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$16 ~$13–$19 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$7.3 ~$5.8–$13 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$18 ~$13–$25 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$18 ~$15–$21 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$15 ~$7.3–$18 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Bassett Furniture Industries Inc with Home Furnishings in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −18%
  • Revenue growth 5 points higher ▲ +24%
  • Free-cash-flow margin 1 point lower ▼ −30%
  • Last year's free-cash-flow margin change, if it persists ▲ +1%
  • Discount rate 1 point higher ▼ −10%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $14$17$21$26$33$41
8.5% $12$15$17$21$26$32
10% $11$13$15$18$21$26

Valuation multiples over time Market data may be delayed

Bassett Furniture Industries Inc: market value and multiples by fiscal year
At fiscal year end 20152016201720182019202020212022
Share price$19.76$18.77$25.45$13.55$10.51$11.93$12.54$15.51
Market value$214m$204m$273m$145m$108m$119m$123m$146m
+ Net debt (− = net cash)−$22m−$28m−$50m−$33m−$20m−$46m−$34m−$62m
Enterprise value$192m$176m$223m$112m$88m$73m$89m$84m
Multiples
Price / sales 0.5x0.5x0.6x0.3x0.2x0.4x0.3x0.3x
Price / earnings 10.5x12.9x15.0x17.6x——6.8x2.2x
Price / free cash flow 10.5x11.6x12.7x12.5x—3.9x32.4x—
EV / EBITDA 5.3x4.4x5.5x4.1x6.8x—2.3x1.8x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

36 /100

Weak moat

How hard Bassett Furniture Industries's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Cash operating profit has been a median 0.9% of total assets over 5 years.

  • Pricing power 18 / 20

    Gross margin has been a median 53.7%, moving by 2.6 percentage points (standard deviation) across 6 years.

  • Durability 0 / 20

    Operating margin has been a median 2.2%; its worst year was -8.4%.

  • Cash conversion 8 / 20

    Free cash flow was positive in 7 of 10 years, at a median 2.4% of revenue.

  • Discipline 15 / 20

    The diluted share count fell 17.2% over five years.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (41 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Bassett Furniture Industries Inc: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current $0.93 +25% $338m +1%
Next $1.34 +45% $350m +3%

Next year's EPS estimate has moved +4.3% in 90 days, across 2 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +1.6% on 90 days ago. In the last 30 days, 1 analyst raised Bassett Furniture Industries Inc's forecast and 0 cut it.

Consensus EPS forecast Bassett Furniture Industries Inc, last 90 days
$0.80 $1.00 $1.20 $1.40 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.91 Current fiscal year, 60 days ago: $0.93 Current fiscal year, 30 days ago: $0.93 Current fiscal year, 7 days ago: $0.93 Current fiscal year, Now: $0.93 $0.93 Next fiscal year, 90 days ago: $1.29 Next fiscal year, 60 days ago: $1.39 Next fiscal year, 30 days ago: $1.39 Next fiscal year, 7 days ago: $1.39 Next fiscal year, Now: $1.34 $1.34

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.91$1.29
60 days ago $0.93$1.39
30 days ago $0.93$1.39
7 days ago $0.93$1.39
Now $0.93$1.34

Earnings against estimates

Bassett Furniture Industries Inc: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Aug 2026 $0.12 $0.24 +100.0%
May 2026 $0.23 $0.24 +4.3%
Feb 2026 $0.17 $0.13 −23.5%
Nov 2025 $0.29 $0.22 −26.9%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, September 30, 2026

No numeric guidance in Bassett Furniture Industries Inc's latest earnings release (filed September 30, 2026). Some companies give their outlook only on the earnings call.

How our valuation uses these forecasts

Our cash-flow model grows Bassett Furniture Industries Inc's revenue by +2.8% next year and +2.3% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+3.4%, weight 56%) and the company's own record (+2.0%, weight 44%) . How the weights are set.

Analyst recommendations

1 analysts, Oct 2026
Buy1100%
Hold00%
Sell00%

Monthly trend

  1. Oct 202611
  2. Sep 202611
  3. Aug 202611

Counts of recommendations published by analysts covering Bassett Furniture Industries Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
0.5%
of tradable shares
Days to cover
1.17
at average volume
Short interest, 1 month
−39%
to October 15, 2026
Held by institutions
56%
of shares
Held by insiders
16.7%
of shares
Employees
1,194
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +66.0%

$14.03 on October 31, 2025 to $23.29

Bassett Furniture Industries Inc: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $331m $336m +1.4%
Net margin 2.3% 2.0% −14.0%
P/E multiple 15.7x 29.7x +89.4%
Share count 9m 9m +0.5%

Biggest factor: p/e multiple.

Last 3 years +66.5%

$13.99 on November 3, 2023 to $23.29

Bassett Furniture Industries Inc: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $416m $336m −19.4%
Net margin 1.4% 2.0% +41.3%
P/E multiple 20.9x 29.7x +42.4%
Share count 9m 9m +2.6%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Bassett Furniture Industries Inc: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 202120222023202420252026 to date
Return
BSET−15%+16%−0%−12%+28%+44%
Industry peers (median)−7%−36%+29%−3%−13%−2%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
BSET33%50%50%42%58%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
BSET−57%−33%−32%−24%−24%−20%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 89% from September 27, 2017 to April 1, 2020. Getting back needed a 782% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$13.59 – $23.29
From 52-week high
0.0%
vs 50-day average
+17.9%
vs 200-day average
+38.2%
Volatility (1 year)
35%
Beta vs S&P 500
0.41

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±4.2%
After a week
8 up, 4 down
typical move ±7.8%
After a month
9 up, 3 down
typical move ±9.3%
Bassett Furniture Industries Inc: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
September 30, 2026 +5.6% 0.0% +18.7% +26.4%
July 1, 2026 +14.2% −0.3% +18.5% +7.1%
April 1, 2026 −0.9% +0.8% +3.0% +1.8%
February 4, 2026 +3.1% −1.7% +2.2% −4.9%
April 3, 2024 −0.3% −1.1% −1.8% −3.6%
January 25, 2024 +5.8% +0.4% +3.9% +3.5%
September 28, 2023 +3.5% +0.3% +7.4% +5.6%
September 6, 2023 −2.9% −1.0% −6.8% +2.4%
June 29, 2023 −0.9% +1.6% +5.5% +16.0%
March 30, 2023 −5.9% +2.0% −15.9% −24.5%
January 24, 2023 +3.1% −0.1% +6.9% +7.2%
September 29, 2022 −4.8% −3.6% −2.5% +8.7%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Bassett Furniture Industries Inc’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: rated Sell.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Bassett Furniture Industries Inc in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Bassett Furniture Industries Inc
$320M $340M $360M $380M $400M FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $390.1M Revenue (TTM), FY24 Q1: $369M Revenue (TTM), FY24 Q2: $351.9M Revenue (TTM), FY24 Q3: $340.3M Revenue (TTM), FY24 Q4: $329.9M Revenue (TTM), FY25 Q1: $325.5M Revenue (TTM), FY25 Q2: $326.5M Revenue (TTM), FY25 Q3: $331M Revenue (TTM), FY25 Q4: $335.3M Revenue (TTM), FY26 Q1: $333.5M Revenue (TTM), FY26 Q2: $332.9M Revenue (TTM), FY26 Q3: $335.6M $335.6M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $390.1M
FY24 Q1 $369M
FY24 Q2 $351.9M
FY24 Q3 $340.3M
FY24 Q4 $329.9M
FY25 Q1 $325.5M
FY25 Q2 $326.5M
FY25 Q3 $331M
FY25 Q4 $335.3M
FY26 Q1 $333.5M
FY26 Q2 $332.9M
FY26 Q3 $335.6M
Revenue growth, TTM YoY Bassett Furniture Industries Inc
-30% -20% -10% 0% 10% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: -19.7% Revenue growth, TTM YoY, FY24 Q1: -22.4% Revenue growth, TTM YoY, FY24 Q2: -21.3% Revenue growth, TTM YoY, FY24 Q3: -18.3% Revenue growth, TTM YoY, FY24 Q4: -15.4% Revenue growth, TTM YoY, FY25 Q1: -11.8% Revenue growth, TTM YoY, FY25 Q2: -7.2% Revenue growth, TTM YoY, FY25 Q3: -2.7% Revenue growth, TTM YoY, FY25 Q4: 1.6% Revenue growth, TTM YoY, FY26 Q1: 2.4% Revenue growth, TTM YoY, FY26 Q2: 2.0% Revenue growth, TTM YoY, FY26 Q3: 1.4% 1.4%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 -19.7%
FY24 Q1 -22.4%
FY24 Q2 -21.3%
FY24 Q3 -18.3%
FY24 Q4 -15.4%
FY25 Q1 -11.8%
FY25 Q2 -7.2%
FY25 Q3 -2.7%
FY25 Q4 1.6%
FY26 Q1 2.4%
FY26 Q2 2.0%
FY26 Q3 1.4%
Operating margin (TTM) Bassett Furniture Industries Inc
-10% -5% 0% 5% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: -0.8% Operating margin (TTM), FY24 Q1: -2.2% Operating margin (TTM), FY24 Q2: -5.4% Operating margin (TTM), FY24 Q3: -6.4% Operating margin (TTM), FY24 Q4: -4.9% Operating margin (TTM), FY25 Q1: -3.5% Operating margin (TTM), FY25 Q2: -0.2% Operating margin (TTM), FY25 Q3: 1.9% Operating margin (TTM), FY25 Q4: 2.3% Operating margin (TTM), FY26 Q1: 2.0% Operating margin (TTM), FY26 Q2: 1.9% Operating margin (TTM), FY26 Q3: 2.5% 2.5%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 -0.8%
FY24 Q1 -2.2%
FY24 Q2 -5.4%
FY24 Q3 -6.4%
FY24 Q4 -4.9%
FY25 Q1 -3.5%
FY25 Q2 -0.2%
FY25 Q3 1.9%
FY25 Q4 2.3%
FY26 Q1 2.0%
FY26 Q2 1.9%
FY26 Q3 2.5%
FCF margin (TTM) Bassett Furniture Industries Inc
-2% 0% 2% 4% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 0.3% FCF margin (TTM), FY24 Q1: -1.6% FCF margin (TTM), FY24 Q2: -1.0% FCF margin (TTM), FY24 Q3: -0.4% FCF margin (TTM), FY24 Q4: -0.4% FCF margin (TTM), FY25 Q1: 2.4% FCF margin (TTM), FY25 Q2: 2.8% FCF margin (TTM), FY25 Q3: 2.4% FCF margin (TTM), FY25 Q4: 2.7% FCF margin (TTM), FY26 Q1: 1.1% FCF margin (TTM), FY26 Q2: 1.1% FCF margin (TTM), FY26 Q3: 2.4% 2.4%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 0.3%
FY24 Q1 -1.6%
FY24 Q2 -1.0%
FY24 Q3 -0.4%
FY24 Q4 -0.4%
FY25 Q1 2.4%
FY25 Q2 2.8%
FY25 Q3 2.4%
FY25 Q4 2.7%
FY26 Q1 1.1%
FY26 Q2 1.1%
FY26 Q3 2.4%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Bassett Furniture Industries took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $335M
  2. Cost of revenue $147M · 43.7%
  3. Gross profit $189M · 56.3%
  4. Selling, general and admin $180M · 53.8%
  5. Operating income $7.8M · 2.3%
  6. Income tax $2.7M · 0.8%
  7. Net income $6.1M · 1.8%
Where Bassett Furniture Industries's revenue went, FY2025
Revenue $335M
Cost of revenue $147M 43.7% of revenue
Gross profit $189M 56.3% of revenue
Selling, general and admin $180M 53.8% of revenue
Operating income $7.8M 2.3% of revenue
Income tax $2.7M 0.8% of revenue
Net income $6.1M 1.8% of revenue

Shares of revenue. Source: Bassett Furniture Industries's 10-K for FY2025, as filed with the SEC.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Bassett Furniture Industries Inc: annual financial statements
Fiscal year 2013 Nov 2013 2014 Nov 2014 2015 Nov 2015 2016 Nov 2016 2017 Nov 2017 2018 Nov 2018 2019 Nov 2019 2020 Nov 2020 2021 Nov 2021 2022 Nov 2022 2023 Nov 2023 2024 Nov 2024 2025 Nov 2025 LTM Aug 2026
Income
Revenue 321 341 431 432 453 457 452 338 431 486 390 330 335 336
Gross profit 166 182 — 265 275 277 273 174 221 248 206 179 189 190
EBITDA 16 22 36 40 40 27 13 −4 39 46 7 −6 17 17
Operating income 10 15 26 28 27 14 −1 −18 24 35 −3 −16 8 8
Net income 5 9 20 16 18 8 −2 −10 18 65 −3 −10 6 7
Diluted EPS $0.47 $0.87 $1.88 $1.46 $1.70 $0.77 −$0.19 −$1.04 $1.83 $6.95 −$0.36 −$1.11 $0.70 —
Growth (year on year)
Revenue — +6.1% +26.5% +0.3% +4.7% +1.0% −1.0% −25.3% +27.6% +12.7% −19.7% −15.4% +1.6% +1.4%
EBITDA — +38.5% +60.9% +11.9% −0.3% −32.3% −52.7% −131.2% — +18.8% −84.8% — — +13.0%
Operating income — +51.2% +71.8% +8.5% −4.2% −47.9% −104.2% — — +43.7% −109.0% — — —
Net income — — +119.7% −22.5% +15.3% −55.0% — — — +262.2% −104.9% — — −12.8%
Diluted EPS — — +116.1% −22.3% +16.4% −54.7% — — — +279.8% −105.2% — — —
Margins
Gross margin 51.7% 53.5% — 61.2% 60.8% 60.7% 60.4% 51.6% 51.3% 51.1% 52.9% 54.4% 56.3% 56.6%
EBITDA margin 5.0% 6.6% 8.4% 9.4% 8.9% 6.0% 2.9% −1.2% 9.0% 9.5% 1.8% −1.9% 5.0% 5.2%
Operating margin 3.1% 4.4% 6.0% 6.5% 6.0% 3.1% −0.1% −5.2% 5.6% 7.2% −0.8% −4.9% 2.3% 2.5%
Net margin 1.6% 2.7% 4.7% 3.7% 4.0% 1.8% −0.4% −3.1% 4.2% 13.5% −0.8% −2.9% 1.8% 2.0%
Free-cash-flow margin −1.1% 3.6% 4.7% 4.1% 4.8% 2.5% −1.7% 9.1% 0.9% −5.0% 0.3% −0.4% 2.7% 2.4%
Cash flow
Cash from operations 11 30 34 39 37 30 10 37 15 −3 19 4 13 16
Capital spending 14 18 14 22 16 18 17 6 11 21 17 5 5 8
Free cash flow −4 12 20 18 22 12 −8 31 4 −24 1 −1 9 8
Stock-based pay 1 1 1 1 1 1 1 0 0 1 1 1 1 —
Free cash flow after stock pay −4 11 20 17 21 10 −9 30 4 −25 0 −2 8 —
Balance sheet
Cash 13 27 36 35 54 33 20 46 34 62 52 40 41 35
Total debt 3 2 14 7 4 0 — 0 0 0 0 0 0 0
Net debt (negative = net cash) −10 −24 −22 −28 −50 −33 −20 −46 −34 −62 −52 −40 −41 −35
Diluted shares 11m 11m 11m 11m 11m 11m 10m 10m 10m 9m — — — —
Returned to shareholders
Dividends 3 5 6 6 8 9 5 5 8 20 6 7 7 7
Buybacks 2 6 2 6 0 6 7 2 6 15 4 1 2 1
Total returned 5 11 8 13 8 15 12 7 13 35 10 8 9 8

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 1 checks passed · August 29, 2026
What it owns · $312m
Short-term assets $135mLonger-term assets $177m
What it owes, and who funded it · $234m
Short-term liabilities $69mShareholders' equity $165m
  • Short-term assets cover short-term liabilities $135m of assets due within a year against $69m of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Bassett Furniture Industries Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$1.4M
Dividends (TTM)
$6.9M
Returned to shareholders
103%
of free cash flow
Buybacks, last 3 fiscal years
$7.7M
Total shareholder yield
4.1%
dividends 3.4% + buybacks 0.7% of market value
Dividend payout ratio
102%
of net income paid out
Sales & admin spending
53.8%
of revenue
Days sales outstanding
16 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in home furnishings
Growth, margins and cash generation against peers
Last 12 months unless stated BSET VIOT PRPL FLXS CULP ETD Median
Revenue, last 12 months $336m $338m $453m $463m $207m $579m $453m
Revenue growth, last 12 months 1.4% 14.7% −0.7% 3.4% −0.3% −5.7% 0.2%
Revenue growth, 3-year average −6.9% — −4.0% 5.6% −3.3% −9.9% −2.6%
Revenue growth, latest quarter 3.4% — −6.5% 3.2% 6.5% −8.5% −1.0%
Gross margin 56.6% 25.3% 41.8% 24.3% 16.1% 61.2% 37.5%
Operating margin 2.5% 5.3% −7.8% 8.7% −1.0% 7.8% 5.3%
Operating margin, 3-year average −0.6% — −14.2% 6.8% −4.2% 10.0% 5.9%
Net margin 2.0% 5.8% −10.7% 6.7% −1.9% 6.9% 4.6%
Cash from operations / revenue 4.7% 6.4% −0.7% 9.9% −0.3% 9.1% 8.7%
Free-cash-flow margin 2.4% 4.7% −2.4% 9.2% −0.6% 7.2% 4.8%
Free-cash-flow margin, 3-year average 1.5% 7.6% −6.4% 8.2% −4.7% 8.8% 7.6%
Stock pay / revenue — 0.6% 0.1% 1.0% 0.3% 0.2% 0.4%
Change in share count −7.3% 2.0% 1.0% −9.4% 1.1% −0.2% −0.2%

Median of all 11 companies we cover in home furnishings. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

11 home furnishings companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth 1.4% 0.2% 5 of 11
Change in growth rate Growth -0.6pp -0.6pp 6 of 11
Gross margin Profitability 56.6% 37.5% 2 of 11
Operating margin Profitability 2.5% 5.3% 8 of 11
Net margin Profitability 2.0% 4.6% 8 of 11
Free-cash-flow margin Cash generation 2.4% 4.8% 9 of 11
Days sales outstanding Balance sheet 16 days 33 days 1 of 7

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to November 29, 2025
Segments
Line of business Revenue YoY
Retail $217M ▲ 5.9%
Wholesale $215M ▲ 3.4%
Corporate and Other Operating $0 ▼ 100.0%
Corporate and Other $0 ▼ 100.0%

These categories overlap or exclude eliminations, so shares aren't shown.

Products and services
Line of business Revenue Share YoY
Bassett Custom Upholstery $194M 57.9% ▲ 1.5%
Bassett Custom Wood $44.2M 13.2% ▼ 3.7%
Bassett Casegoods $42.1M 12.5% ▲ 11.0%
Accessories Mattresses and Other $29.2M 8.7% ▼ 14.5%
Bassett Leather $25.6M 7.6% ▲ 23.7%

From Bassett Furniture Industries Inc's 10-K filed February 5, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Reported value
$85.2M
Institutions reporting
74
Shares held vs prior quarter
▼ 5.6%
Positions opened / closed
14 / 22

Top buyers and sellers, Q2 2026: 31 institutions bought and 47 sold ; the biggest buyer was Ameriprise Financial Inc (+346K shares) and the biggest seller Blackrock, Inc (−367K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Dimensional Fund Advisors LP $11.9M 671K 13.9% ▼ 0.2%
Aegis Financial Corp $9.8M 550K 11.4% ▲ 4.4%
GAMCO Investors, Inc. Et Al $9.6M 542K 11.3% ▼ 1.7%
Vanguard Capital Management LLC $6.4M 359K 7.5% ▼ 11.7%
Ameriprise Financial Inc $6.1M 346K 7.2% New
Renaissance Technologies LLC $5.1M 289K 6.0% ▼ 5.1%
Acadian Asset Management LLC $4.5M 253K 5.3% ▲ 3.6%
Gabelli Funds LLC $3.3M 187K 3.9% ▲ 1.1%
Blackrock, Inc. $3M 171K 3.6% ▼ 68.2%
Truffle Hound Capital, LLC $2.7M 150K 3.1% 0.0%
Peapod Lane Capital LLC $2.2M 124K 2.6% New
Raymond James Financial Inc $2M 111K 2.3% ▲ 133.9%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Bassett Furniture Industries Inc's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around December 21, 2026 estimated from the company's past filing pattern, not announced

  • September 30, 2026
  • July 1, 2026
  • April 1, 2026
  • February 4, 2026
  • April 3, 2024
  • January 25, 2024

Recent SEC filings

Data status

When each part of this page on Bassett Furniture Industries Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Bassett Furniture Industries Inc in brief

What does Bassett Furniture Industries Inc do?
Bassett Furniture Industries Inc is a US-listed company in the home furnishings industry. Its financial year ends in November.
What is Bassett Furniture Industries Inc's stock ticker?
Bassett Furniture Industries Inc trades under the ticker BSET on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Bassett Furniture Industries Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Bassett Furniture Industries Inc reported revenue of $336M, 1.4% higher than a year earlier, according to its SEC filings.
What is Bassett Furniture Industries Inc's free cash flow?
Bassett Furniture Industries Inc's free-cash-flow margin is 2.4% of revenue over the trailing twelve months, ranking 9 of the 11 home furnishings companies we cover.
What is Bassett Furniture Industries Inc's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Bassett Furniture Industries Inc's free cash flow after stock-based pay gives ~$16 per share in the base case, and ~$13–$19 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Bassett Furniture Industries Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Dimensional Fund Advisors LP, Aegis Financial Corp and GAMCO Investors, Inc. Et Al. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Bassett Furniture Industries Inc's market cap?
On November 25, 2022, Bassett Furniture Industries Inc's market capitalisation was about $146M, with a price-to-earnings ratio of 2.2 and net debt of -$61.6M. Market figures come from third-party market data and may be delayed.
Does Bassett Furniture Industries Inc pay a dividend?
Yes: Bassett Furniture Industries Inc paid $6.9M in dividends over the trailing twelve months, a dividend yield of 3.43% and a payout ratio of 101.8%.
Who are Bassett Furniture Industries Inc's competitors?
In our Home Furnishings peer group, the companies closest to Bassett Furniture Industries Inc are Viomi Technology Co., Ltd, Purple Innovation, Inc., Flexsteel Industries Inc, Culp Inc and Ethan Allen Interiors Inc. The side-by-side comparison below sets their revenue, margins and growth against Bassett Furniture Industries Inc's.
When is Bassett Furniture Industries Inc's next earnings date?
Around December 21, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Bassett Furniture Industries Inc announces its own schedule.