Bassett Furniture
BSET
$15.26 -2.27%
Exchange: NASDAQ | Sector: Consumer Cyclical | Industry: Furnishings Fixtures Appliances
Q2 2025
Published: Jul 10, 2025

Earnings Highlights

  • Revenue of $84.35M up 1.1% year-over-year
  • EPS of $0.22 increased by 126.8% from previous year
  • Gross margin of 55.6%
  • Net income of 1.92M
  • ""One year ago, Bassett Furniture Industries, Incorporated announced a five-point restructuring strategy designed to grow business and improve profitability."" - Rob Spilman, CEO
BSET
Bassett Furniture Industries Incorporated

Executive Summary

In Q2 2025, Bassett Furniture Industries Incorporated reported a slight revenue increase of 1.1% year-over-year, despite a challenging sales environment influenced by a stagnant housing market and high interest rates. The implementation of a five-point restructuring strategy has begun to yield positive results, with operating income significantly rebounding to $2.5 million from a loss of $8.5 million a year ago. Management noted this recovery is largely attributed to operational efficiencies and cost restructuring efforts. As the company navigates these turbulent market conditions, it is focused on enhancing product offerings and expanding its retail footprint, positioning itself well for future growth despite ongoing uncertainties.

Key Performance Indicators

Revenue
Increasing
84.35M
QoQ: 2.66% | YoY: 1.12%
Gross Profit
Increasing
46.91M
55.61% margin
QoQ: 0.17% | YoY: 7.20%
Operating Income
Increasing
2.50M
QoQ: 1.71% | YoY: 184.73%
Net Income
Increasing
1.92M
QoQ: 3.45% | YoY: 126.64%
EPS
Increasing
0.22
QoQ: 4.76% | YoY: 126.83%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 84.35 0.22 +1.1% View
Q1 2025 82.16 0.21 -5.1% View
Q4 2024 84.34 1.47 -10.9% View
Q3 2024 75.62 -0.51 -13.3% View
Q2 2024 83.41 -0.82 -17.0% View