Bassett Furniture Industries INC

Market Movers (8-K)

NASDAQ
Bassett Furniture Industries announced a regular quarterly dividend of $0.20 per share, payable on August 28, 2026.
NASDAQ
Bassett Furniture Industries reported a slight decrease in second-quarter revenue but an improvement in operating income on an adjusted basis, driven by stronger retail performance and e-commerce growth.
NASDAQ
Bassett Furniture Industries announced the upcoming retirement of its SVP-Chief Sales Officer, Bruce Cohenour, effective May 31, 2026.
NASDAQ
Bassett Furniture Industries reported a 2.2% decline in first-quarter revenues and lower operating income, attributing the slowdown to a weak housing market and severe weather.
Worse than expected
NASDAQ
Bassett Furniture Industries shareholders approved all director nominees, ratified auditors, and passed executive compensation and an ESPP amendment at their 2026 annual meeting.
NASDAQ
Bassett Furniture Industries, Inc. announced its Board of Directors declared a regular quarterly dividend of $0.20 per share, payable on May 29, 2026, to shareholders of record on May 15, 2026.

Quarterly Earnings (10-Q)

NASDAQ
Bassett Furniture Industries reported a slight decrease in net sales for Q2 2026 compared to the prior year, with mixed performance across its wholesale and retail segments.
Worse than expected
NASDAQ
Bassett Furniture Industries reported a significant 39.8% drop in net income for the first quarter of fiscal 2026, with net sales declining 2.2% year-over-year.
Worse than expected
NASDAQ
Bassett Furniture Industries reported a significant turnaround in its third-quarter and year-to-date financial results, driven by increased sales, improved gross margins, and effective cost containment strategies.
Better than expected
NASDAQ
Bassett Furniture Industries, Incorporated announced a significant financial turnaround for the second quarter and first half of fiscal 2025, moving from net losses to profitability driven by improved gross margins and reduced operating expenses.
Better than expected
NASDAQ
Bassett Furniture Industries reports a slight decrease in sales for Q1 2025, but improved gross margins and reduced expenses lead to a profitable quarter.
Better than expected
NASDAQ
Bassett Furniture Industries experienced a significant drop in sales and a net loss in the third quarter of 2024, impacted by a cybersecurity incident and strategic decisions to close underperforming operations.
Worse than expected
Delay expected

Annual Reports (10-K)

NASDAQ
Bassett Furniture Industries, Incorporated reported a return to net income in fiscal 2025, driven by increased sales, improved gross margins, and reduced SG&A expenses, while extending its credit facility.
Better than expected
Delay expected
NASDAQ
Bassett Furniture Industries reports a decrease in net sales for fiscal year 2024, impacted by a volatile retail environment and strategic decisions including the closure of Noa Home.
Worse than expected
NASDAQ
Bassett Furniture Industries experienced a decrease in sales and a net loss for fiscal year 2023, amidst a challenging retail environment and changing economic conditions.
Worse than expected

Insider Trading (Form 4)

NASDAQ
Bassett Furniture Industries Director Emma S. Battle was granted 2,857 shares of common stock at $14 per share, increasing her beneficial ownership to 13,667 shares.
NASDAQ
Director John R. Belk acquired 2,857 shares of Bassett Furniture Industries common stock at $14 per share.
Better than expected
NASDAQ
Bassett Furniture Industries Director Kristina K. Cashman acquired 2,857 shares of common stock at $14 per share as part of a restricted stock grant.
NASDAQ
Bassett Furniture Industries Director James Edward Goergen was granted 2,857 shares of restricted common stock at $14 per share.
NASDAQ
Bassett Furniture Industries Director Virginia W. Hamlet acquired 2,857 shares of common stock as a restricted stock grant, vesting in one year.
NASDAQ
Bassett Furniture Industries Director William C Wampler Jr. acquired 2,857 shares of restricted common stock valued at $14 per share on March 11, 2026.

Proxy Statements (Def-14A)

NASDAQ
Bassett Furniture Industries announces its 2026 Annual Meeting of Stockholders to address director elections, auditor ratification, executive compensation, and a significant increase in its Employee Stock Purchase Plan shares.
Capital raise
Better than expected
NASDAQ
Bassett Furniture Industries will hold its annual stockholders meeting virtually on March 12, 2025, to elect directors, ratify the selection of its accounting firm, and conduct advisory votes on executive compensation.
Worse than expected

Schedule 13G - Passive Investments

NASDAQ
Vanguard Capital Management has reported a 4.79% ownership stake in Bassett Furniture Industries Inc. as of June 30, 2026.
NASDAQ
Vanguard Capital Management has reported beneficial ownership of 5.33% of Bassett Furniture Industries Inc. common stock as of March 31, 2026.
NASDAQ
The Vanguard Group has filed an amended Schedule 13G, reporting zero beneficial ownership in Bassett Furniture Industries Inc. following an internal realignment.
NASDAQ
BlackRock, Inc. has reported a 5.5% beneficial ownership stake in Bassett Furniture Industries Incorporated, holding 474,128 shares of common stock.