Source-grounded facts extracted from BASSETT FURNITURE INDUSTRIES INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
BASSETT FURNITURE INDUSTRIES INC reported first quarter ended February 28, 2026 results: revenue $ 80.3, EPS $0.13.
“income was $1.2 million or 1.4% of sales as compared to operating income of $2.5 million or 3.0% of sales for the prior year quarter. ● Gross margin of 56.2% represented an 80-basis point decrease from the prior year due to lower margins in both the wholesale and retail business. ● Selling, general and administrative expenses excluding new store”
Governance Changes
BASSETT FURNITURE INDUSTRIES INC: Amended Article III, Section 2 to change board size from fixed at eight to a range of seven to ten directors; currently fixed at nine directors (effective 2025-07-16).
“On and effective July 16, 2025, the Board of Directors (the “Board”) of Bassett Furniture Industries, Incorporated (the “Company”) approved an amendment to the Company’s Amended and Restated By-Laws (as amended and restated, the “By-Laws”). The amendment amends a provision in Article III, Section 2 of the Company’s By-laws that had set the number of directors at eight to provide for a range in the number of Directors to serve of no fewer than seven (7) and no more than ten (10).”
Earnings Releases
BASSETT FURNITURE INDUSTRIES INC reported financial results for first quarter ended March 2, 2024.
“Bassett Furniture Industries issued a news release relating to the first quarter financial results for the fiscal year ending November 30, 2024”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.