Bassett Furniture Q2 revenues up 1.1% to $84.3M; EPS $0.22 vs -$0.82 prior year

BASSETT FURNITURE INDUSTRIES INC

2025-Q2 EPS reported $0.43 revenue$166,510,000

Revenues of $84.3M, up 1.1% YoY; operating income $2.5M vs prior year loss of $8.5M.
Diluted EPS $0.22 vs loss of $0.82 in Q2 2024; gross margin improved 310 bps to 55.6%.
Generated $7.0M operating cash flow; SG&A down 330 bps to 52.7% of sales.
Wholesale segment operating income $8.3M (15.3% of sales); Retail $0.5M; Corporate loss $6.5M.
CEO cites tariff uncertainty and weak housing market as ongoing headwinds.

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