Bassett Furniture Industries (BSET) Expected to Announce Quarterly Earnings on Wednesday

Bassett Furniture Industries (NASDAQ:BSET) is expected to post its Q2 2025 quarterly earnings results before the market opens on Wednesday, July 9th. Analysts expect the company to announce earnings of $0.15 per share and revenue of $82.03 million for the quarter.

Bassett Furniture Industries (NASDAQ:BSET) last released its quarterly earnings results on Wednesday, April 2nd. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.19. The company had revenue of $82.16 million for the quarter, compared to the consensus estimate of $79.71 million. Bassett Furniture Industries had a negative net margin of 2.04% and a negative return on equity of 0.68%. During the same quarter in the prior year, the firm earned ($0.14) earnings per share. 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 2.4%

Bassett Furniture Industries stock opened at $15.57 on Wednesday. The company has a market cap of $135.46 million, a price-to-earnings ratio of -20.76, a PEG ratio of 1.36 and a beta of 1.19. The firm’s fifty day moving average is $16.53 and its 200 day moving average is $15.53. Bassett Furniture Industries has a 52-week low of $12.11 and a 52-week high of $19.67.

Institutional Trading of Bassett Furniture Industries

Several hedge funds have recently made changes to their positions in the business. Empowered Funds LLC raised its position in shares of Bassett Furniture Industries by 7.9% during the 1st quarter. Empowered Funds LLC now owns 28,643 shares of the company’s stock valued at $437,000 after buying an additional 2,089 shares in the last quarter. Jane Street Group LLC raised its position in Bassett Furniture Industries by 87.9% in the 1st quarter. Jane Street Group LLC now owns 21,454 shares of the company’s stock worth $327,000 after purchasing an additional 10,037 shares during the period. Finally, Goldman Sachs Group Inc. raised its position in Bassett Furniture Industries by 97.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 24,840 shares of the company’s stock worth $379,000 after purchasing an additional 12,258 shares during the period. 54.40% of the stock is currently owned by hedge funds and other institutional investors.

Bassett Furniture Industries Company Profile

Bassett Furniture Industries, Incorporated, together with its subsidiaries, manufactures, markets, and retails home furnishings in the United States and internationally. It operates in three segments: Wholesale, Retail Company-Owned Stores, and Corporate and Other. The company engages in the design, manufacture, sourcing, sale, and distribution of furniture products, including dining, bedroom and bedding, home decorations, rugs, and outdoor furniture to a network of company-owned retail stores, licensee-owned stores, and independent retailers.