10-Q quarterly report · filed Jul 1, 2026

BASSETT FURNITURE INDUSTRIES INC (BSET) Q2 2026 10-Q Quarterly Report

Short answer

BASSETT FURNITURE INDUSTRIES INC (BSET) filed its Q2 2026 10-Q quarterly report on Jul 1, 2026 for the quarter ended May 30, 2026. Quarterly revenue was $84M (down 0.7% year over year) with net income of $2M.

Q2 2026 key financials · XBRL

Revenue
$84M
−0.7% YoY · +4.2% QoQ
Net income
$2M
+6.3% YoY · +82.7% QoQ
Operating margin
2.7%
Gross margin
56.5%
EPS (diluted)
$0.24
+9.1% YoY · +84.6% QoQ

Source: XBRL data from the BASSETT FURNITURE INDUSTRIES INC (BSET) Q2 2026 10-Q on SEC EDGAR. USD.

BASSETT FURNITURE INDUSTRIES INC Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $83.753M, down $595K or 0.7% YoY
  • Operating margin 2.7% vs 3.0% YoY; gross margin 56.5% vs 55.6%
  • Best product: retail Bassett Leather Imports $772K, up 131.8%; worst: wholesale Bassett Custom Wood $6.696M, down 12.0%
  • Wholesale operating margin 15.5% vs 15.3%; retail operating margin -0.6% vs 0.9%
  • Headwinds: slower housing activity, higher mortgage rates, fuel costs, tariffs, supply-chain disruptions and consumer credit constraints

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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