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Bassett Furniture
(NASDAQ:BSET)
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Rating:53Neutral
Price Target:
$22.00
▲(15.79% Upside)
Action:Reiterated
Date:10/01/26
Overall score reflects a recovering fundamental and earnings narrative (profitability and margin improvement, improving leverage, and positive management commentary) that is held back most by weak TTM free cash flow/cash conversion and a currently bearish-to-neutral technical backdrop. Valuation is supported by the high dividend yield but tempered by a mid-20s P/E for a cyclical, thin-margin profile.
Positive Factors
Omnichannel and custom-furniture momentum
Growth across company-owned retail, wholesale, and e-commerce indicates a diversified customer-acquisition model rather than reliance on one channel. Strength in custom upholstery and higher web order values can support brand relevance, mix, and recurring sales over the next several quarters.
Negative Factors
Weak free-cash-flow conversion
Near-breakeven free cash flow limits the amount of internally generated funding available for stores, technology, dividends, or other strategic uses. Weak conversion also raises quality-of-earnings concerns, particularly if working-capital pressure or reinvestment needs persist.
Read all positive and negative factors
Positive Factors
Negative Factors
Omnichannel and custom-furniture momentum
Growth across company-owned retail, wholesale, and e-commerce indicates a diversified customer-acquisition model rather than reliance on one channel. Strength in custom upholstery and higher web order values can support brand relevance, mix, and recurring sales over the next several quarters.
Read all positive factors
Bassett Furniture Key Performance Indicators (KPIs)
Any
Revenue By Type
Highlights different revenue streams, providing insight into which product lines or services are driving sales and how diversified the company's income sources are.
Highlights different revenue streams, providing insight into which product lines or services are driving sales and how diversified the company's income sources are.
Data provided by:
The Fly
The FlyBassett Furniture (BSET) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$181.25M
Dividend Yield3.82%
Average Volume (3M)27.84K
Price to Earnings (P/E)26.9
Beta (1Y)0.34
Revenue Growth1.40%
EPS Growth-11.99%
CountryUS
Employees1,194
SectorConsumer Cyclical
Sector Strength84
IndustryFurnishings, Fixtures & Appliances
Share Statistics
EPS (TTM)0.78
Shares Outstanding8,651,361
10 Day Avg. Volume39,443
30 Day Avg. Volume27,843
Financial Highlights & Ratios
PEG Ratio-0.14
Price to Book (P/B)0.82
Price to Sales (P/S)0.40
P/FCF Ratio15.04
Enterprise Value/Market Cap1.06
Enterprise Value/Revenue0.57
Enterprise Value/Gross Profit1.01
Enterprise Value/Ebitda9.54
Forecast
1Y Price Target
$22.00Price Target Upside15.79% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.77
Revenue Forecast (FY)$337.87M
Bassett Furniture Business Overview & Revenue Model
Company Description
Bassett Furniture Industries, Incorporated (BSET) is a prominent company involved in the design, manufacturing, marketing, and retail of home furnishings, serving both domestic U.S. and international markets. Its operations are segmented into thre...
How the Company Makes Money
Bassett primarily makes money by selling home furnishings (including furniture and related accessories) to end consumers through its retail footprint and by wholesaling products through other channels. A significant revenue stream is retail sales ...
Bassett Furniture Earnings Call Summary
Earnings Call Date:Sep 30, 2026
(Q3-2026)
| % Change Since: |
Next Earnings Date:Feb 02, 2027
Earnings Call Sentiment Positive
The call was positive overall: revenue, wholesale and retail sales, operating income, EPS, gross margin, digital commerce, expense control, liquidity, and cash flow all showed improvement, and management highlighted continued strategic investments and store expansion. These gains were tempered by retail margin pressure, tariff-related costs, cautious consumers, a slow housing market, flat dedicated-concept shipments, and a still-developing hospitality business.Positive Updates
Consolidated Revenue Growth
Q3 consolidated revenue increased 3.4% to $82.8 million, supported by increases in both retail and wholesale sales. All product categories were positive, with domestic upholstery leading the way.
Negative Updates
Retail Gross Margin Pressure
Retail gross margin declined to 51.5%, down 90 basis points, primarily due to lower margins on inline goods from increased promotional activity. Management also reported that retail gross profit fell 80 basis points.
Read all updates
Q3-2026 Updates
Positive
Negative
Consolidated Revenue Growth
Q3 consolidated revenue increased 3.4% to $82.8 million, supported by increases in both retail and wholesale sales. All product categories were positive, with domestic upholstery leading the way.
Read all positive updates
Company Guidance
Bassett expects capital expenditures in the fourth quarter to be between $2 million and $4 million and full capital expectations for 2026 to range between $9 million and $11 million versus the prior forecast of $10 million to $12 million; management is on track to reduce the annual run rate of expenses by an additional $1.5 million to $2 million, expects to open 2 stores next year, with one a reposition involving a closure and an opening, so it will be net up 1, and said that beyond that it does not have 1 in the queue. Management said additional tariff refund amounts will be recorded primarily in the fourth quarter of 2026, the fourth quarter is its best cash generation quarter, and it does not anticipate an acceptable diminishing of margin from Black Friday promotions.Bassett Furniture Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
60
Neutral
Cash Flow
40
Negative
| Breakdown | TTM | Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 335.60M | 335.28M | 329.92M | 390.14M | 485.60M | 430.89M |
| Gross Profit | 190.08M | 188.68M | 179.41M | 206.49M | 248.34M | 221.09M |
| EBITDA | 20.05M | 17.61M | -4.42M | 7.67M | 44.14M | 37.39M |
| Net Income | 6.78M | 6.10M | -9.70M | -3.17M | 65.34M | 18.04M |
Balance Sheet | ||||||
| Total Assets | 312.14M | 323.82M | 341.17M | 370.42M | 406.27M | 421.66M |
| Cash, Cash Equivalents and Short-Term Investments | 53.40M | 59.24M | 59.91M | 70.18M | 79.34M | 52.09M |
| Total Debt | 82.71M | 88.65M | 106.44M | 116.18M | 116.30M | 133.53M |
| Total Liabilities | 147.21M | 158.71M | 173.84M | 186.98M | 210.66M | 258.93M |
| Stockholders Equity | 164.93M | 165.11M | 167.33M | 183.44M | 195.61M | 162.73M |
Cash Flow | ||||||
| Free Cash Flow | 8.11M | 8.96M | -1.16M | 1.24M | -24.27M | 3.81M |
| Operating Cash Flow | 15.78M | 13.49M | 4.05M | 18.72M | -2.97M | 14.56M |
| Investing Cash Flow | -6.55M | -2.73M | -8.77M | -17.76M | 65.84M | -11.57M |
| Financing Cash Flow | -8.27M | -9.04M | -8.12M | -10.23M | -35.56M | -14.42M |
Bassett Furniture Technical Analysis
Positive
19.00
Price Trends
18.91
Positive
18.09
Positive
16.39
Positive
Market Momentum
0.75
Negative
65.23
Neutral
93.06
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BSET, the sentiment is Positive. The current price of 19 is above the 20-day moving average (MA) of 18.81, above the 50-day MA of 18.91, and above the 200-day MA of 16.39, indicating a bullish trend. The MACD of 0.75 indicates Negative momentum. The RSI at 65.23 is Neutral, neither overbought nor oversold. The STOCH value of 93.06 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BSET.
Bassett Furniture Risk Analysis
Bassett Furniture disclosed 9 risk factors in its most recent earnings report. Bassett Furniture reported the most risks in the "Ability to Sell" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Bassett Furniture Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $512.66M | 12.96 | 8.40% | 23.65% | -5.72% | -22.50% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
57 Neutral | $1.44B | 14.81 | 7.34% | 3.59% | 1.20% | ― | |
56 Neutral | $132.90M | -7.40 | -10.59% | 3.70% | -28.13% | -38.44% | |
56 Neutral | $1.17B | 14.66 | 7.86% | 3.31% | 0.20% | -10.08% | |
53 Neutral | $181.25M | 26.86 | 4.12% | 3.82% | 1.40% | -11.99% |
* Consumer Cyclical Sector Average
BSET
Bassett Furniture
20.95
6.23
42.32%
ETD
Ethan Allen
20.34
-1.87
-8.41%
MLKN
MillerKnoll
20.88
5.03
31.76%
HOFT
Hooker Furniture
12.43
4.03
48.05%
LZB
La-Z-Boy Incorporated
29.22
-2.05
-6.57%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.