Bassett Furniture Industries (BSET) Projected to Post Quarterly Earnings on Wednesday

Bassett Furniture Industries (NASDAQ:BSET) is projected to announce its Q2 2026 results after the market closes on Wednesday, July 1st. Analysts expect Bassett Furniture Industries to post earnings of $0.20 per share and revenue of $83.4240 million for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 2, 2026 at 9:00 AM ET.

Bassett Furniture Industries (NASDAQ:BSET) last posted its quarterly earnings data on Wednesday, April 1st. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.04). The firm had revenue of $80.34 million for the quarter, compared to the consensus estimate of $84.38 million. Bassett Furniture Industries had a return on equity of 3.48% and a net margin of 1.61%. On average, analysts expect Bassett Furniture Industries to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Bassett Furniture Industries Stock Up 1.0%

Shares of BSET opened at $16.78 on Friday. The company has a 50 day moving average of $14.81 and a 200-day moving average of $15.29. The stock has a market capitalization of $145.15 million, a P/E ratio of 27.06, a P/E/G ratio of 1.26 and a beta of 0.77. Bassett Furniture Industries has a twelve month low of $13.17 and a twelve month high of $19.75.

Wall Street Analysts Forecast Growth

BSET has been the topic of several analyst reports. Weiss Ratings lowered shares of Bassett Furniture Industries from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, June 15th. Zacks Research upgraded shares of Bassett Furniture Industries from a “strong sell” rating to a “hold” rating in a research note on Monday, June 8th. Finally, Wall Street Zen raised shares of Bassett Furniture Industries from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Hedge Funds Weigh In On Bassett Furniture Industries

Several large investors have recently bought and sold shares of BSET. Russell Investments Group Ltd. grew its holdings in shares of Bassett Furniture Industries by 95.3% during the fourth quarter. Russell Investments Group Ltd. now owns 1,504 shares of the company’s stock worth $25,000 after purchasing an additional 734 shares during the last quarter. Group One Trading LLC bought a new position in shares of Bassett Furniture Industries during the second quarter valued at $30,000. Empowered Funds LLC lifted its holdings in shares of Bassett Furniture Industries by 7.9% during the first quarter. Empowered Funds LLC now owns 28,643 shares of the company’s stock worth $437,000 after purchasing an additional 2,089 shares during the period. Geode Capital Management LLC grew its stake in shares of Bassett Furniture Industries by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 195,368 shares of the company’s stock worth $3,275,000 after purchasing an additional 2,796 shares during the last quarter. Finally, Wells Fargo & Company MN increased its holdings in Bassett Furniture Industries by 45.8% in the fourth quarter. Wells Fargo & Company MN now owns 9,193 shares of the company’s stock valued at $154,000 after purchasing an additional 2,888 shares during the period. 54.40% of the stock is currently owned by institutional investors.

About Bassett Furniture Industries

Bassett Furniture Industries, Inc (NASDAQ: BSET), headquartered in Bassett, Virginia, is a vertically integrated manufacturer and retailer of residential home furnishings. The company designs, produces and markets a range of furniture items, including upholstered seating, wood case goods, bedroom collections, dining room sets and home décor accessories. Bassett is known for its emphasis on craftsmanship, offering both ready-to-assemble pieces and made-to-order products that cater to varying design preferences and space requirements.

Bassett’s products are sold through a dual-channel distribution network comprising company-owned Bassett Home Furnishings stores, a franchise and independent dealer network, and an e-commerce platform that provides online shopping, virtual design consultations and customization tools.