Bassett Furniture Q3 revenue up 5.9% to $80.1M; EPS $0.09 vs loss of $0.52

BASSETT FURNITURE INDUSTRIES INC

2025-Q3 EPS reported $0.53 revenue$246,613,000

Revenue $80.1M (+5.9% YoY); wholesale segment $50.8M (+6.2%), retail $51.9M (+9.8%).
Operating income $0.6M (0.7% of sales) vs loss of $6.4M; prior year included $1.2M contract loss and cyber incident costs.
Gross margin 56.2%, up 320 bps, helped by improved wholesale margins and absence of prior year cyber shutdown wages ($0.6M).
Diluted EPS $0.09 vs loss of $0.52; retail operating loss narrowed to $0.3M from $2.8M.
CEO cites new product introductions and US manufacturing as strengths despite challenging home furnishings market.

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