Bassett Furniture Q2 revenue down 0.7% to $83.8M; EPS $0.24 vs $0.22

BASSETT FURNITURE INDUSTRIES INC

2026-Q2 EPS reported $0.37 revenue$164,093,000

Revenue $83.8M, down 0.7% YoY; operating income $2.2M (2.7% of sales) vs $2.5M (3.0%) prior year.
Prior year operating income included $0.7M insurance gain from 2024 cyber incident; excluding that, adjusted operating income would have been $1.8M (2.1%).
Wholesale sales down 2.0% to $53.1M; retail sales up 2.4% to $55.5M.
Diluted EPS $0.24 vs $0.22; generated $7.4M cash from operations.
CEO reports Memorial Day written sales up 14%, traffic up 4%; e-commerce written sales up 40%.

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