Bassett Furniture Industries INC (BSET) — SEC Filings

Overview

Bassett Furniture Industries INC (BSET) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 8-K filed on Oct 16, 2025: Bassett Furniture Industries, Inc. filed an 8-K on October 16, 2025, reporting other events and financial statements. The filing does not contain specific financial figures or details about the nature of the "other events" beyond its classification.

Sentiment Summary

Across 33 filings, the sentiment breakdown is: 1 bullish, 2 bearish, 29 neutral, 1 mixed. The dominant filing sentiment for Bassett Furniture Industries INC is neutral.

Filing Type Overview

Bassett Furniture Industries INC (BSET) has filed 16 8-K, 6 10-Q, 2 DEF 14A, 2 10-K, 1 8-K/A, 2 SC 13D/A, 1 SC 13D, 2 SC 13G/A, 1 SC 13G with the SEC between Jan 2024 to Apr 2026.

Filings by Year

2026 · 2025 · 2024

Recent Filings (33)

• 8-K Filing — 8-K · Apr 21, 2026
• Bassett Furniture Files 8-K — 8-K · Oct 16, 2025 Risk: low
  Bassett Furniture Industries, Inc. filed an 8-K on October 16, 2025, reporting other events and financial statements. The filing does not contain specific finan
• Bassett Furniture Swings to Profit on Strong Sales Growth — 10-Q · Oct 8, 2025 Risk: medium
  Bassett Furniture Industries Inc. (BSET) reported a significant turnaround in its financial performance for the quarter and nine months ended August 30, 2025. F
• Bassett Furniture Files 8-K with Bylaw Amendments — 8-K · Jul 22, 2025 Risk: low
  Bassett Furniture Industries, Inc. filed an 8-K on July 22, 2025, reporting an event on July 16, 2025. The filing indicates amendments to its Articles of Incorp
• Bassett Furniture Swings to Loss Amidst Revenue Decline — 10-Q · Jul 10, 2025 Risk: high
  BASSETT FURNITURE INDUSTRIES INC reported a net loss of $1.3 million for the three months ended May 31, 2025, a significant decline from a net income of $0.6 mi
• Bassett Furniture Appoints New Auditor, BDO USA — 8-K · Apr 11, 2025 Risk: low
  Bassett Furniture Industries, Inc. announced on April 7, 2025, that it has appointed BDO USA, LLP as its new independent registered public accounting firm, effe
• Bassett Furniture Q1 2025: Financials Update — 10-Q · Apr 3, 2025 Risk: low
  Bassett Furniture Industries Inc. reported its first quarter results for fiscal year 2025, ending March 1, 2025. The company's financial statements show changes
• Bassett Furniture Files 8-K Report — 8-K · Apr 2, 2025 Risk: low
  On April 2, 2025, Bassett Furniture Industries, Inc. filed an 8-K report. The filing primarily concerns "Other Events" and "Financial Statements and Exhibits,"
• Bassett Furniture Files 8-K — 8-K · Mar 13, 2025 Risk: low
  Bassett Furniture Industries, Inc. filed an 8-K on March 13, 2025, reporting other events and financial statements/exhibits. The filing does not contain specifi
• Bassett Furniture Files 2025 Proxy Statement — DEF 14A · Feb 14, 2025 Risk: low
  Bassett Furniture Industries, Inc. filed its definitive proxy statement on February 14, 2025, for its annual meeting of stockholders. The filing details the com
• Bassett Furniture Industries Inc. Files 2024 10-K Report — 10-K · Feb 10, 2025 Risk: medium
  Bassett Furniture Industries Inc. reported its fiscal year 2024 results ending November 30, 2024. The company's financial performance and operational details ar
• Bassett Furniture Files 8-K — 8-K · Jan 29, 2025 Risk: low
  On January 29, 2025, Bassett Furniture Industries, Inc. filed an 8-K report. The filing primarily concerns financial statements and exhibits, indicating a routi
• Bassett Furniture Files 8-K — 8-K · Jan 16, 2025 Risk: low
  Bassett Furniture Industries, Inc. filed an 8-K on January 16, 2025, reporting "Other Events" and "Financial Statements and Exhibits." The filing does not conta
• Bassett Furniture Files 8-K — 8-K · Nov 20, 2024 Risk: low
  Bassett Furniture Industries, Inc. filed an 8-K on November 20, 2024, reporting other events and financial statements. The filing does not contain specific fina
• Bassett Furniture Industries Q3 2024 Update — 10-Q · Oct 10, 2024 Risk: low
  Bassett Furniture Industries Inc. reported its third quarter results for the period ending August 31, 2024. The company's financial performance for this quarter
• Bassett Furniture Files 8-K Amendment — 8-K/A · Aug 6, 2024 Risk: low
  Bassett Furniture Industries, Inc. filed an amendment (8-K/A) on August 6, 2024, to its report originally filed on July 15, 2024. This amendment pertains to Ite
• Bassett Furniture Names New CFO, Offers Stock Incentives — 8-K · Jul 15, 2024 Risk: low
  On July 15, 2024, Bassett Furniture Industries, Inc. announced the appointment of Michael M. Thompson as its new Chief Financial Officer, effective August 5, 20
• Bassett Furniture Industries Files Q2 2024 10-Q — 10-Q · Jul 11, 2024 Risk: low
  Bassett Furniture Industries Inc. reported its Q2 2024 results for the period ending June 1, 2024. The company's fiscal year ends on November 30th. Key financia
• Bassett Furniture Files 8-K — 8-K · Jul 10, 2024 Risk: low
  On July 10, 2024, Bassett Furniture Industries, Inc. filed an 8-K report. The filing primarily concerns financial statements and exhibits, indicating a routine
• Bassett Furniture Secures $50M Credit Facility — 8-K · Jul 9, 2024 Risk: low
  Bassett Furniture Industries, Inc. announced on July 9, 2024, that it has entered into a new credit agreement with Bank of America, N.A. This agreement provides
• ASC Holding Co. Amends Bassett Furniture Stake — SC 13D/A · Jun 28, 2024 Risk: medium
  ASC Holding Company, Inc. and Bradley L. Hasselwander filed an amendment (No. 2) to their Schedule 13D on June 28, 2024, regarding Bassett Furniture Industries,
• Auto Services Co. Amends Bassett Furniture Stake — SC 13D/A · Jun 18, 2024 Risk: medium
  On June 18, 2024, Auto Services Company, Inc. and Bradley L. Hasselwander filed an amendment (SC 13D/A) regarding their beneficial ownership of Bassett Furnitur
• Bassett Furniture Files 8-K — 8-K · Jun 4, 2024 Risk: low
  On June 3, 2024, Bassett Furniture Industries, Inc. filed an 8-K report. The filing primarily concerns a Regulation FD Disclosure and the filing of Financial St
• Auto Services Co. Files 13D on Bassett Furniture — SC 13D · May 6, 2024 Risk: medium
  Auto Services Company, Inc., through its CEO Bradley L. Hasselwander, has filed a Schedule 13D on May 6, 2024, regarding their beneficial ownership of Bassett F
• Bassett Furniture Industries Inc. Files 10-Q for Period Ending March 2, 2024 — 10-Q · Apr 3, 2024 Risk: medium
  BASSETT FURNITURE INDUSTRIES INC (BSET) filed a Quarterly Report (10-Q) with the SEC on April 3, 2024. Net sales for the quarter ended March 2, 2024, were $113.
• Bassett Furniture Appoints New CFO and COO — 8-K · Mar 7, 2024 Risk: low
  On March 7, 2024, Bassett Furniture Industries, Inc. filed an 8-K report. The filing primarily concerns the appointment of new executive officers and the resign
• SC 13G/A Filing — SC 13G/A · Feb 13, 2024
• Dimensional Fund Advisors Cuts Bassett Furniture Stake to 10.7% — SC 13G/A · Feb 9, 2024 Risk: medium
  Dimensional Fund Advisors LP, a Delaware Limited Partnership, filed an amended SC 13G/A on February 9, 2024, indicating a change in their beneficial ownership o
• Aegis Financial Corp. Discloses 5.0% Stake in Bassett Furniture — SC 13G · Feb 8, 2024 Risk: low
  Aegis Financial Corporation, an investment advisor based in McLean, VA, reported on February 8, 2024, that it beneficially owns 476,643 shares of Bassett Furnit
• Bassett Furniture Industries, Inc. Announces Annual Meeting Details — DEF 14A · Feb 5, 2024 Risk: low
  BASSETT FURNITURE INDUSTRIES INC (BSET) filed a Proxy Statement (DEF 14A) with the SEC on February 5, 2024. Annual Meeting of Stockholders to be held virtually
• Bassett Furniture Industries Inc. Files 2023 Annual Report (10-K) — 10-K · Jan 25, 2024 Risk: medium
  BASSETT FURNITURE INDUSTRIES INC (BSET) filed a Annual Report (10-K) with the SEC on January 25, 2024. Bassett Furniture Industries Inc. filed its 10-K report f
• Bassett Furniture Shifts Fiscal Year End to November 30 — 8-K · Jan 16, 2024
  Bassett Furniture Industries, Incorporated filed an 8-K on January 10, 2024, to announce a change in its fiscal year end from November 25 to November 30. This c
• Bassett Furniture Files 8-K for 'Other Events' & Exhibits — 8-K · Jan 11, 2024
  Bassett Furniture Industries, Inc. filed an 8-K on January 11, 2024, to report an 'Other Event' and 'Financial Statements and Exhibits.' This filing indicates t

Risk Profile

Risk Assessment: Of BSET's 29 recent filings, 1 were flagged as high-risk, 8 as medium-risk, and 20 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.

Financial Highlights

Key financial metrics from Bassett Furniture Industries INC's most recent 10-Q filing (Oct 8, 2025):

• Revenue: $80,103 thousand
• Net Income: $801 thousand
• EPS: $0.09
• Debt-to-Equity: N/A
• Cash Position: $34,413 thousand
• Operating Margin: 0.74%
• Total Assets: $324,241 thousand
• Total Debt: N/A

Key Executives

• Michael M. Thompson
• Bradley L. Hasselwander
• Pierce G. Hunter
• Michael "Mac" Christopher
• Paul "Rusty" Thompson
• Scott L. Barbee

Industry Context

The furniture industry is characterized by its cyclical nature, heavily influenced by consumer confidence, housing market trends, and disposable income. Competition is often intense, with players ranging from large manufacturers to smaller, specialized firms. Recent trends include a growing emphasis on e-commerce, sustainable materials, and customizable options. Supply chain disruptions and rising raw material costs remain persistent challenges for the sector.

Top Tags

financials (6) · regulatory-filing (5) · 8-k (4) · corporate-governance (4) · 8-K (4) · disclosure (3) · 10-Q (3) · quarterly-report (3) · sec-filing (3) · amendment (3)

Key Numbers

• Net income (quarter): $801 thousand — Swung from a $4,505 thousand net loss in prior-year quarter
• Net income (nine months): $4,573 thousand — Reversed a $12,899 thousand net loss in prior-year nine months
• Net sales (quarter): $80,103 thousand — Increased 5.9% from $75,619 thousand in prior-year quarter
• Net sales (nine months): $246,613 thousand — Slightly increased from $245,583 thousand in prior-year nine months
• Income from operations (quarter): $593 thousand — Swung from a $6,357 thousand loss in prior-year quarter
• Income from operations (nine months): $5,545 thousand — Swung from a $17,176 thousand loss in prior-year nine months
• Cash and cash equivalents: $34,413 thousand — Decreased from $39,551 thousand at November 30, 2024
• Inventories: $61,459 thousand — Increased from $54,965 thousand at November 30, 2024
• Cash dividends paid: $5,210 thousand — Used in financing activities during the nine months ended August 30, 2025
• Effective tax rate: 26.8% — For the three and nine months ended August 30, 2025
• SEC File Number: 000-00209 — Identifies the specific filing for Bassett Furniture Industries, Inc.
• EIN: 54-0135270 — Employer Identification Number for Bassett Furniture Industries, Inc.
• Net Loss: $1.3M — for Q2 2025, a swing from $0.6M net income in Q2 2024
• Revenue: $95.2M — for Q2 2025, a 10.5% decrease from $106.4M in Q2 2024
• Year-to-Date Net Loss: $2.5M — for the six months ended May 31, 2025, compared to $1.1M net income in the prior year

Forward-Looking Statements

• {"claim":"Other institutional investors may re-evaluate their positions in Bassett Furniture Industries Inc.","entity":"Bassett Furniture Industries Inc","targetDate":"Q2 2024","confidence":"medium"}
• {"claim":"Bassett Furniture Industries, Inc. stock may experience increased trading volume due to the disclosure of Aegis Financial Corp.'s significant stake.","entity":"Bassett Furniture Industries, Inc.","targetDate":"Q1 2024","confidence":"medium"}
• {"claim":"Aegis Financial Corp. may seek to engage with Bassett Furniture's management regarding strategic decisions or corporate governance.","entity":"Aegis Financial Corp.","targetDate":"Q2 2024","confidence":"low"}

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