Bassett Furniture Industries, Inc. (NASDAQ:BSET) Earnings Report Highlights
- Bassett Furniture Industries, Inc. (NASDAQ:BSET) reported an EPS of $0.09, matching estimates and showing improvement from the previous year's loss.
- The company saw a revenue of $80.1 million, slightly surpassing the Zacks Consensus Estimate but fell short of the expected $87.2 million.
- BSET's gross margin improved significantly to 56.2%, with a notable turnaround in operating income to $0.6 million from a previous loss.
Bassett Furniture Industries, Inc. (NASDAQ:BSET) is a renowned furniture manufacturer and retailer, known for its high-quality home furnishings. Competing with giants like Ethan Allen and La-Z-Boy, BSET focuses on maintaining its market position through innovation and quality.
On October 8, 2025, BSET disclosed its earnings, revealing an earnings per share (EPS) of $0.09, aligning with the estimated EPS and marking a significant improvement from the previous year's loss of $0.52 per share. The company generated a revenue of $80.1 million, slightly surpassing the Zacks Consensus Estimate by 0.26%, yet not meeting the anticipated $87.2 million. Despite this, revenues saw a 5.9% increase compared to the same quarter the previous year.
During the Q3 2025 earnings call, executives such as John Daniel and Robert Spilman discussed the company's financial performance and strategic direction. Analysts like Anthony Lebiedzinski and Douglas Lane underscored the significance of the event. The company reported an operating income of $0.6 million, a remarkable recovery from the prior year's loss of $6.4 million, which included a $1.2 million deficit from a logistical services contract and costs related to a cyber incident.
BSET's gross margin saw a substantial improvement of 320 basis points to 56.2%, propelled by enhanced margins in the wholesale business. The financial year's quarter was previously affected by $0.6 million in manufacturing wages. The company's financial metrics, such as a price-to-earnings (P/E) ratio of 55.95 and a price-to-sales ratio of 0.42, reflect its market valuation. The enterprise value to sales ratio stands at 0.60, and the enterprise value to operating cash flow ratio is 15.29, indicating the company's efficiency in generating cash flow relative to its valuation.
With a debt-to-equity ratio of 0.59, BSET maintains a moderate level of debt compared to its equity. The current ratio of 1.93 suggests a robust ability to cover short-term liabilities with short-term assets, providing insight into BSET's financial health and its capability to navigate market challenges while focusing on growth and profitability.
| Symbol | Price | %chg |
|---|---|---|
| MDIY.JK | 1100 | 3.64 |
| 021240.KS | 89200 | -1.12 |
| WOOD.JK | 462 | -0.43 |
| SPTO.JK | 650 | 0 |
Bassett Furniture Industries, Inc. (NASDAQ:BSET) Earnings Preview: Navigating Market Challenges
- Bassett Furniture Industries, Inc. (NASDAQ:BSET) is set to release its quarterly earnings on April 2, 2025, with analysts projecting earnings per share of $0.02 and revenue of approximately $79.7 million.
- The company's previous quarter earnings exceeded expectations by 660%, yet net sales saw an 11% decline year-over-year, indicating challenges in boosting sales figures.
- BSET's financial metrics show a complex picture with a negative price-to-earnings (P/E) ratio of -13.93 and a moderate debt-to-equity ratio of 0.64, highlighting a balanced level of debt relative to its equity.
Bassett Furniture Industries, Inc. (NASDAQ:BSET) is a prominent player in the home furnishings market, known for its high-quality products. The company operates 87 stores, both company- and licensee-owned, under the Bassett Home Furnishings brand. As BSET prepares to release its quarterly earnings on April 2, 2025, analysts are keenly observing the company's financial performance amidst a challenging market environment.
For the upcoming earnings release, Wall Street analysts project BSET's earnings per share to be $0.02, with revenue expected to reach approximately $79.7 million. This aligns closely with the Zacks Consensus Estimate, which also forecasts earnings per share at 2 cents, marking a 114.3% increase from the same period last year. However, the revenue projection by Zacks is slightly lower at $79.2 million, reflecting the ongoing challenges in the home furnishings sector.
In the previous quarter, BSET's earnings exceeded expectations by 660%, with a year-over-year increase of 153.3%. Despite this impressive earnings growth, net sales only surpassed the consensus mark by 1.8% and experienced an 11% decline compared to the previous year. This indicates that while the company has managed to improve its earnings, it still faces hurdles in boosting its sales figures.
BSET's financial metrics reveal a complex picture. The company has a negative price-to-earnings (P/E) ratio of -13.93, indicating negative earnings. Its price-to-sales ratio is 0.46, suggesting the stock is valued at less than half of its sales. The enterprise value to sales ratio is slightly higher at 0.69, reflecting the company's total valuation, including debt. The high enterprise value to operating cash flow ratio of 49.96 highlights the relatively low operating cash flow compared to its enterprise value.
Despite these challenges, BSET maintains a moderate debt-to-equity ratio of 0.64, indicating a balanced level of debt relative to its equity. The current ratio of 1.93 suggests a strong ability to cover short-term liabilities with short-term assets. As BSET prepares for its earnings release and subsequent conference call on April 3, 2025, investors will be closely monitoring the company's performance and strategic plans to navigate the current market conditions.
Bassett Furniture Industries, Inc. (NASDAQ:BSET) Earnings Preview: Navigating Market Challenges
- Bassett Furniture Industries, Inc. (NASDAQ:BSET) is set to release its quarterly earnings on April 2, 2025, with analysts projecting earnings per share of $0.02 and revenue of approximately $79.7 million.
- The company's previous quarter earnings exceeded expectations by 660%, yet net sales saw an 11% decline year-over-year, indicating challenges in boosting sales figures.
- BSET's financial metrics show a complex picture with a negative price-to-earnings (P/E) ratio of -13.93 and a moderate debt-to-equity ratio of 0.64, highlighting a balanced level of debt relative to its equity.
Bassett Furniture Industries, Inc. (NASDAQ:BSET) is a prominent player in the home furnishings market, known for its high-quality products. The company operates 87 stores, both company- and licensee-owned, under the Bassett Home Furnishings brand. As BSET prepares to release its quarterly earnings on April 2, 2025, analysts are keenly observing the company's financial performance amidst a challenging market environment.
For the upcoming earnings release, Wall Street analysts project BSET's earnings per share to be $0.02, with revenue expected to reach approximately $79.7 million. This aligns closely with the Zacks Consensus Estimate, which also forecasts earnings per share at 2 cents, marking a 114.3% increase from the same period last year. However, the revenue projection by Zacks is slightly lower at $79.2 million, reflecting the ongoing challenges in the home furnishings sector.
In the previous quarter, BSET's earnings exceeded expectations by 660%, with a year-over-year increase of 153.3%. Despite this impressive earnings growth, net sales only surpassed the consensus mark by 1.8% and experienced an 11% decline compared to the previous year. This indicates that while the company has managed to improve its earnings, it still faces hurdles in boosting its sales figures.
BSET's financial metrics reveal a complex picture. The company has a negative price-to-earnings (P/E) ratio of -13.93, indicating negative earnings. Its price-to-sales ratio is 0.46, suggesting the stock is valued at less than half of its sales. The enterprise value to sales ratio is slightly higher at 0.69, reflecting the company's total valuation, including debt. The high enterprise value to operating cash flow ratio of 49.96 highlights the relatively low operating cash flow compared to its enterprise value.
Despite these challenges, BSET maintains a moderate debt-to-equity ratio of 0.64, indicating a balanced level of debt relative to its equity. The current ratio of 1.93 suggests a strong ability to cover short-term liabilities with short-term assets. As BSET prepares for its earnings release and subsequent conference call on April 3, 2025, investors will be closely monitoring the company's performance and strategic plans to navigate the current market conditions.
