Bassett Reports Fiscal Year 2025 Third Quarter Results [Yahoo! Finance]
Bassett Furniture Industries, Incorporated (BSET)
Last bassett furniture industries, incorporated earnings: 4/2 09:00 am
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Source: Yahoo! Finance
Industries, Inc. (Nasdaq: BSET) reported today its results of operations for its third quarter ended August 30, 2025. Q3 Consolidated Business Highlights : [FY 25 vs. FY 24, unless otherwise specified] Revenues increased 5.9% from the prior year quarter. Excluding sales from Noa Home Inc., which closed in late 2024, consolidated revenues increased 7.3%. Operating income was $0.6 million, or 0.7% of sales as compared to a loss of $(6.4) million for the prior year quarter, which included a $1.2 million loss on a logistical services contract which the Company abandoned, and various costs associated with a cyber incident that suspended all financial systems and manufacturing for 7 days. Gross margin at 56.2% represented a 320-basis point improvement over the prior year primarily due to improved margins in the wholesale business and the fact that the prior year quarter included approximately $0.6 million of manufacturing wages paid during the above-mentioned cyber shutdown. Selli
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News
- Bassett Furniture Industries (NASDAQ:BSET) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating.MarketBeat
- Bassett Announces Regular Quarterly DividendGlobeNewswire
- Bassett Furniture Industries, Incorporated (NASDAQ:BSET) Shares Could Be 38% Below Their Intrinsic Value Estimate [Yahoo! Finance]Yahoo! Finance
- Bassett Furniture Industries (NASDAQ:BSET) was upgraded by analysts at Sidoti to a "strong-buy" rating.MarketBeat
- Yahoo Finance [Yahoo! Finance]Yahoo! Finance
BSET
Earnings
- 10/8/25 - In-Line
BSET
Sec Filings
- 10/17/25 - Form SCHEDULE
- 10/16/25 - Form 8-K
- 10/8/25 - Form 8-K
- BSET's page on the SEC website