{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-030721","form_type":"8-K","ticker":"BSET","cik":"0000010329","company_name":"BASSETT FURNITURE INDUSTRIES INC","filed_at":"2025-10-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.598489+00:00","generated_at":"2026-05-17T04:17:33.347089+00:00","sec_items":["8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Bassett Furniture Q3 revenue up 5.9% to $80.1M; EPS $0.09 vs loss of $0.52","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-030721","json":"https://secwatch.observer/filing/0001437749-25-030721.json","markdown":"https://secwatch.observer/filing/0001437749-25-030721.md","text":"https://secwatch.observer/filing/0001437749-25-030721.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/10329/000143774925030721/0001437749-25-030721-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/10329/000143774925030721/bset20251008_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:17:33.347089+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}