secwatch.observer — SEC 8-K summary
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Issuer:     BASSETT FURNITURE INDUSTRIES INC (BSET)
CIK:        0000010329
Form:       8-K
Filed at:   2026-02-04T23:59:59+00:00
Accession:  0001437749-26-002982
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bassett Q4 revenue up 5.1% to $88.7M; operating income $2.3M vs $0.9M year ago
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- Diluted EPS $0.18 vs $0.38 prior year; prior year included $2.6M tax benefit, excluding which EPS would have been $0.08.
- Gross margin 56.3%, down 30 bps YoY; SG&A improved 60 bps to 53.2% of sales.
- Wholesale sales +8.3% to $56.7M; retail sales +7.9% to $57.3M.
- Operating cash flow $7.8M for Q4.
- CEO announces new Bassett Hospitality Division targeting country clubs, senior living, boutique hotels.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/10329/000143774926002982/0001437749-26-002982-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/10329/000143774926002982/bset20260204_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-002982

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer