Highest-materiality recent filing
Bassett Furniture Q3 revenue up 3.4% to $82.8M, EPS $0.24 on tariff refunds
Q3 revenue rose 3.4% to $82.8M from $80.1M; operating income was $2.8M (3.4% of sales) vs $0.6M, and diluted EPS $0.24 vs $0.09.
Bassett Furniture declares $0.20 quarterly dividend payable Aug 28, 2026
Board declared a regular quarterly dividend of $0.20 per share.
Bassett Furniture Q2 revenue down 0.7% to $83.8M; EPS $0.24 vs $0.22
Revenue $83.8M, down 0.7% YoY; operating income $2.2M (2.7% of sales) vs $2.5M (3.0%) prior year.
Bassett Furniture SVP-Chief Sales Officer Bruce Cohenour to retire May 31, 2026
Bruce Cohenour, SVP-Chief Sales Officer, will retire effective May 31, 2026.
Bassett Q1 revenue falls 2.2% to $80.3M; EPS drops to $0.13 from $0.21
Operating income $1.2M vs $2.5M prior year; gross margin 56.2%, down 80 bps.
Bassett declares regular $0.20 quarterly dividend payable May 29, 2026
Quarterly dividend of $0.20 per share declared by Board of Directors.
Bassett Furniture shareholders elect all 9 director nominees, approve auditor and ESPP amendment
All 9 director nominees elected with votes-for ranging from 5,039,435 to 5,329,744.
Bassett Q4 revenue up 5.1% to $88.7M; operating income $2.3M vs $0.9M year ago
Diluted EPS $0.18 vs $0.38 prior year; prior year included $2.6M tax benefit, excluding which EPS would have been $0.08.
Bassett declares $0.20 quarterly dividend; payable Feb 27, 2026
Quarterly dividend of $0.20 per share declared on January 15, 2026.
Bassett Furniture declares $0.20 quarterly dividend, payable Nov 28, 2025
Dividend of $0.20 per share declared, payable November 28, 2025 to shareholders of record November 14, 2025.
Bassett Furniture Q3 revenue up 5.9% to $80.1M; EPS $0.09 vs loss of $0.52
Revenue $80.1M (+5.9% YoY); wholesale segment $50.8M (+6.2%), retail $51.9M (+9.8%).
Bassett Furniture amends bylaws to set director range of 7-10, fixes board at 9
Board approved bylaw amendment changing director count from fixed 8 to a range of 7-10.
Bassett Furniture elects James E. Goergen to board effective July 22, 2025
James E. Goergen elected director effective July 22, 2025, serving until 2026 annual meeting.
Bassett Furniture Q2 revenues up 1.1% to $84.3M; EPS $0.22 vs -$0.82 prior year
Revenues of $84.3M, up 1.1% YoY; operating income $2.5M vs prior year loss of $8.5M.
Bassett Furniture dismisses Ernst & Young, appoints Grant Thornton as FY2025 auditor
Dismissed Ernst & Young as independent auditor effective April 7, 2025, after competitive selection process.
Bassett reports Q1 EPS $0.21 vs loss; normalized sales up 2.2%
Revenue $82.2M, down 5.1% as-reported; adjusted for prior-year 14th week, up 2.2%.
Bassett declares $0.20 quarterly dividend, payable May 30, 2025
Quarterly dividend of $0.20 per share, unchanged from prior quarter.
Bassett Furniture shareholders elect all eight director nominees at 2025 annual meeting
All eight director nominees elected with majority support; Emma S. Battle received 5,080,658 votes for.
Bassett Furniture posts Q4 EPS of $0.38, revenue down 11% to $84.3M
Diluted EPS of $0.38 vs a loss of $0.47; operating income of $0.9M from a loss of $4.5M.
Bassett Furniture declares $0.20 quarterly dividend, payable Feb 28, 2025
Dividend of $0.20 per share declared, consistent with prior quarterly rate.
Bassett Furniture cuts workforce, projects $8M-$9M annual savings from restructuring
Workforce reduction yields ~$2.5M annual savings; headcount down 11% over past year.
Bassett Q3 loss $0.52; revenue $75.6M (-13%); dividend raised 11% to $0.20
Diluted loss per share $0.52 vs $0.30 loss in Q3 2023; revenue $75.6M, down 13.3% YoY.
Bassett Furniture provides cyber incident update; operations restored, no material impact expected
Threat actor ejected from systems on July 10, 2024, same day as detection.
Bassett Furniture suffers cyber incident; manufacturing halted, order fulfillment impacted
Detected unauthorized access on July 10, 2024; data files encrypted by threat actor.
Q2 revenues $83.4M, down 17% YoY; operating loss $8.5M includes $5.5M impairment and $2.7M inventory charges.
Bassett raises quarterly dividend 11% to $0.20 per share
Quarterly dividend increased 11% to $0.20 per share from prior rate.
Bassett Furniture CEO to present at WTR virtual investor conference on June 6
Rob Spilman, CEO and Chairman, will present at WTR's inaugural Consumer Products Virtual Investor Conference.
Bassett Furniture Q1 sales down 19.6% to $86.6M, posts net loss of $1.2M
Sales $86.6M, down 19.6% YoY; operating loss of $2.4M vs income $2.7M last year.
Bassett Furniture declares $0.18 quarterly dividend payable May 31, 2024
Quarterly dividend of $0.18 per share declared, unchanged from prior quarter.
Bassett Furniture shareholders elect all 8 director nominees, ratify auditor, approve say-on-pay
All eight director nominees elected with strong support; votes ranged from 5.3M to 5.5M for.
Consolidated sales $94.7M, down 21.7% YoY; operating loss $4.5M vs profit $6.7M last year.
Bassett Furniture amends bylaws to allow virtual shareholder meetings
Board approved amended bylaws effective January 10, 2024, adding virtual meeting provisions.
Bassett Furniture declares $0.18/share quarterly dividend, payable March 1, 2024
Quarterly dividend of $0.18 per share declared by Board of Directors.
Bassett Furniture's SVP and Chief Retail Officer David C. Baker retires effective Nov 30, 2023
David C. Baker, Senior Vice President and Chief Retail Officer, retiring effective November 30, 2023.
Bassett declares regular quarterly dividend of $0.18 per share
Dividend of $0.18 per share declared by Board of Directors.
Bassett Furniture posts Q3 operating loss of $3.8M on 26% sales decline
Q3 sales $87.2M, down 26.1% YoY; operating loss of $3.8M vs income of $10.7M.
Bassett Furniture Q3 preliminary net sales ~$87M, down 26% YoY; expects operating loss
Consolidated net sales ~$87M, 26% lower than Q3 2022.
Bassett Furniture increases quarterly dividend 12.5% to $0.18
Board declares quarterly dividend of $0.18 per share, a 12.5% increase from prior quarter.
Bassett Furniture reports Q2 2023 sales $100.5M, down 22% YoY; operating income $2.5M
Consolidated sales $100.5M, down 21.9% from $128.7M in Q2 2022; operating income $2.5M vs $11.0M.
Bassett Furniture Q1 sales down 8.7% to $107.7M; operating income falls to $2.7M
Consolidated sales $107.7M vs $117.9M prior year, down 8.7%; operating income $2.7M (2.5% of sales) vs $6.5M (5.5%).
Bassett declares $0.16 quarterly dividend payable May 26, 2023
Quarterly dividend of $0.16 per share declared.
Bassett Furniture shareholders elect all directors, ratify auditor, approve exec comp
All 8 director nominees elected; vote totals ranged from 5.6M to 6.0M votes for.
Bassett Furniture Q4 sales up 5.8% to $121M; early FY2023 wholesale orders down 20%
Q4 consolidated sales $121.0M (+5.8% YoY); operating income $6.7M (5.6% of sales) vs $6.6M (5.8%) last year.
Bassett Furniture declares $0.16 quarterly dividend, payable Feb 24, 2023
Quarterly dividend of $0.16 per share declared.
Bassett Furniture amends bylaws to add universal proxy rules and expand shareholder disclosure
Added provisions for organization of shareholder meetings and proxy submission details.
Bassett Furniture enters indemnification agreements with all board directors
Agreement provides director indemnification to fullest extent permitted by Virginia law and company bylaws.
Bassett Furniture unanimously rejects two acquisition proposals from CSC Generation Holdings
Board rejected both unsolicited, non-binding proposals, citing significant undervaluation.
Bassett Furniture declares $0.16 quarterly dividend, payable Nov 25, 2022
Quarterly dividend of $0.16 per share declared by Board on October 6, 2022.
Bassett Furniture Q3 revenue $118M (+12.5%), EPS $0.82; acquires Noa Home
Consolidated Q3 revenue $118.0M, up 12.5% YoY; GAAP EPS $0.82 vs $0.31 in prior year.
Bassett Furniture acquires Noa Home for C$7.7M upfront plus earn-out
Purchase price: C$2.0M cash to co-founders, C$5.7M to repay existing debt.
Bassett Furniture Industries, Inc. announced today that David C. Baker, Senior Vice President, Chief Retail Officer, is retiring from his position with the Company effective November 30, 2023.
Max materiality 0.80 · Median 0.47 · Most common event earnings