Short answer
BASSETT FURNITURE INDUSTRIES INC (BSET) filed its Q1 2026 10-Q quarterly report on Apr 1, 2026 for the quarter ended Feb 28, 2026. Quarterly revenue was $80M (down 2.2% year over year) with net income of $1M.
Q1 2026 key financials · XBRL
- Revenue
- $80M
- −2.2% YoY
- Net income
- $1M
- −39.8% YoY
- Operating margin
- 1.4%
- Gross margin
- 56.2%
- EPS (diluted)
- $0.13
- −38.1% YoY
Source: XBRL data from the BASSETT FURNITURE INDUSTRIES INC (BSET) Q1 2026 10-Q on SEC EDGAR. USD.
BASSETT FURNITURE INDUSTRIES INC Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Quarterly revenue $80.340M, down $1.822M or 2.2% YoY amid winter weather disruptions
- Operating margin 1.4% vs 3.0% YoY; gross margin 56.2% vs 57.0%
- Best product line Bassett Casegoods, wholesale sales up 13.5% to $7.518M
- Worst product line retail Custom Upholstery, sales down 8.1% to $28.663M
- Operating cash flow use $5.468M vs $52K YoY; $863K capex, $1.730M dividends, $147K repurchases
- Outlook: Cincinnati and Orlando stores expected by fiscal second and third quarters; tariff costs and consumer credit pressures remain headwinds
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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