Stocks · Consumer discretionary · Wood Household Furniture, (No Upholstered)

BASSETT FURNITURE INDUSTRIES INC

BSET Clue Score44
United States Fiscal year ends November CIK 0000010329
$20.95 -3.59% Close, 9 Oct 2026
Price $20.95 +13.86% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue432.0Operating income28.2Net income15.8EPS, diluted1.46Fiscal year 2017Revenue452.5 +4.7%Operating income27.0Net income18.3 +15.3%EPS, diluted1.70 +16.4%Fiscal year 2018Revenue456.9 +1.0%Operating income14.1Net income8.2 −55.0%EPS, diluted0.77 −54.7%Fiscal year 2019Revenue452.1 −1.0%Operating income−0.6Net income−1.9 −123.5%EPS, diluted−0.19 −124.7%Fiscal year 2020Revenue337.7 −25.3%Operating income−17.5Net income−10.4EPS, diluted−1.04Fiscal year 2021Revenue430.9 +27.6%Operating income24.3Net income18.0EPS, diluted1.83Fiscal year 2022Revenue485.6 +12.7%Operating income34.9Net income65.3 +262.2%EPS, diluted6.95 +279.8%Fiscal year 2023Revenue390.1 −19.7%Operating income−3.1Net income−3.2 −104.9%EPS, diluted−0.36 −105.2%Fiscal year 2024Revenue329.9 −15.4%Operating income−16.3Net income−9.7EPS, diluted−1.11Fiscal year 2025Revenue335.3 +1.6%Operating income7.8Net income6.1EPS, diluted0.70
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 432.0 452.5 456.9 452.1 337.7 430.9 485.6 390.1 329.9 335.3
Growth +4.7% +1.0% −1.0% −25.3% +27.6% +12.7% −19.7% −15.4% +1.6%
Operating income 28.2 27.0 14.1 −0.6 −17.5 24.3 34.9 −3.1 −16.3 7.8
Net income 15.8 18.3 8.2 −1.9 −10.4 18.0 65.3 −3.2 −9.7 6.1
Growth +15.3% −55.0% −123.5% +262.2% −104.9%
EPS, diluted 1.46 1.70 0.77 −0.19 −1.04 1.83 6.95 −0.36 −1.11 0.70
Growth +16.4% −54.7% −124.7% +279.8% −105.2%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Operating margin6.5%Net margin3.7%Free cash flow margin4.1%Fiscal year 2017Operating margin6.0%Net margin4.0%Free cash flow margin4.8%Fiscal year 2018Operating margin3.1%Net margin1.8%Free cash flow margin2.5%Fiscal year 2019Operating margin−0.1%Net margin−0.4%Free cash flow margin−1.7%Fiscal year 2020Gross margin51.6%Operating margin−5.2%Net margin−3.1%Free cash flow margin9.1%Fiscal year 2021Gross margin51.3%Operating margin5.6%Net margin4.2%Free cash flow margin0.9%Fiscal year 2022Gross margin51.1%Operating margin7.2%Net margin13.5%Free cash flow margin−5.0%Fiscal year 2023Gross margin52.9%Operating margin−0.8%Net margin−0.8%Free cash flow margin0.3%Fiscal year 2024Gross margin54.4%Operating margin−4.9%Net margin−2.9%Free cash flow margin−0.4%Fiscal year 2025Gross margin56.3%Operating margin2.3%Net margin1.8%Free cash flow margin2.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin n/a n/a n/a n/a 51.6% 51.3% 51.1% 52.9% 54.4% 56.3%
Operating margin 6.5% 6.0% 3.1% −0.1% −5.2% 5.6% 7.2% −0.8% −4.9% 2.3%
Net margin 3.7% 4.0% 1.8% −0.4% −3.1% 4.2% 13.5% −0.8% −2.9% 1.8%
Free cash flow margin 4.1% 4.8% 2.5% −1.7% 9.1% 0.9% −5.0% 0.3% −0.4% 2.7%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow39.1Capital expenditure−21.5Free cash flow17.6Buybacks−6.4Dividends paid−6.3Fiscal year 2017Operating cash flow37.1Capital expenditure−15.5Free cash flow21.6 +22.8%Buybacks−0.1Dividends paid−7.7Fiscal year 2018Operating cash flow29.9Capital expenditure−18.3Free cash flow11.6 −46.2%Buybacks−5.9Dividends paid−8.8Fiscal year 2019Operating cash flow9.8Capital expenditure−17.4Free cash flow−7.6 −165.2%Buybacks−7.3Dividends paid−5.1Fiscal year 2020Operating cash flow36.7Capital expenditure−6.0Free cash flow30.6Buybacks−2.2Dividends paid−4.5Fiscal year 2021Operating cash flow14.6Capital expenditure−10.8Free cash flow3.8 −87.6%Buybacks−5.6Dividends paid−7.7Fiscal year 2022Operating cash flow−3.0Capital expenditure−21.3Free cash flow−24.3 −736.4%Buybacks−15.1Dividends paid−20.2Fiscal year 2023Operating cash flow18.7Capital expenditure−17.5Free cash flow1.2Buybacks−4.2Dividends paid−6.0Fiscal year 2024Operating cash flow4.1Capital expenditure−5.2Free cash flow−1.2 −194.0%Buybacks−1.4Dividends paid−6.7Fiscal year 2025Operating cash flow13.5Capital expenditure−4.5Free cash flow9.0Buybacks−2.2Dividends paid−6.9
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 39.1 37.1 29.9 9.8 36.7 14.6 −3.0 18.7 4.1 13.5
Capital expenditure −21.5 −15.5 −18.3 −17.4 −6.0 −10.8 −21.3 −17.5 −5.2 −4.5
Free cash flow 17.6 21.6 11.6 −7.6 30.6 3.8 −24.3 1.2 −1.2 9.0
Growth +22.8% −46.2% −165.2% −87.6% −736.4% −194.0%
Buybacks −6.4 −0.1 −5.9 −7.3 −2.2 −5.6 −15.1 −4.2 −1.4 −2.2
Dividends paid −6.3 −7.7 −8.8 −5.1 −4.5 −7.7 −20.2 −6.0 −6.7 −6.9

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash35.1Total debt7.1Net cash (debt)28.0Shareholders’ equity180.7Debt to equity0.04Fiscal year 2017Cash53.9Total debt3.7Net cash (debt)50.2Shareholders’ equity191.5Debt to equity0.02Fiscal year 2018Cash33.5Total debt0.6Net cash (debt)32.9Shareholders’ equity190.3Debt to equity0.00Fiscal year 2019Cash19.7Shareholders’ equity178.7Fiscal year 2020Cash45.8Shareholders’ equity158.0Fiscal year 2021Cash34.4Shareholders’ equity162.7Fiscal year 2022Cash61.6Shareholders’ equity195.6Fiscal year 2023Cash52.4Shareholders’ equity183.4Fiscal year 2024Cash39.6Shareholders’ equity167.3Fiscal year 2025Cash41.3Shareholders’ equity165.1
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 35.1 53.9 33.5 19.7 45.8 34.4 61.6 52.4 39.6 41.3
Total debt 7.1 3.7 0.6 n/a n/a n/a n/a n/a n/a n/a
Net cash (debt) 28.0 50.2 32.9 n/a n/a n/a n/a n/a n/a n/a
Shareholders’ equity 180.7 191.5 190.3 178.7 158.0 162.7 195.6 183.4 167.3 165.1
Debt to equity 0.04 0.02 0.00 n/a n/a n/a n/a n/a n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending November, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 26 Nov 2016 FY2017 25 Nov 2017 FY2018 24 Nov 2018 FY2019 30 Nov 2019 FY2020 28 Nov 2020 FY2021 27 Nov 2021 FY2022 26 Nov 2022 FY2023 25 Nov 2023 FY2024 30 Nov 2024 FY2025 29 Nov 2025
Revenue and profit
432.0 452.5 456.9 452.1 337.7 430.9 485.6 390.1 329.9 335.3
Growth +4.7% +1.0% −1.0% −25.3% +27.6% +12.7% −19.7% −15.4% +1.6%
167.5 177.6 179.6 179.2 163.6 209.8 237.3 183.6 150.5 146.6
n/a n/a n/a n/a 174.1 221.1 248.3 206.5 179.4 188.7
Growth +27.0% +12.3% −16.9% −13.1% +5.2%
n/a n/a n/a n/a 176.4 196.8 218.1 205.2 187.5 180.4
28.2 27.0 14.1 −0.6 −17.5 24.3 34.9 −3.1 −16.3 7.8
Growth −4.2% −47.9% −104.2% +43.7% −109.0%
25.8 27.9 12.2 −1.7 −18.0 22.8 34.1 −2.5 −14.4 8.8
9.9 9.6 4.0 0.2 −6.5 5.8 8.7 0.7 −4.7 2.7
15.8 18.3 8.2 −1.9 −10.4 18.0 65.3 −3.2 −9.7 6.1
Growth +15.3% −55.0% −123.5% +262.2% −104.9%
Per share
1.47 1.71 0.77 −0.19 −1.04 1.83 6.96 −0.36 −1.11 0.70
1.46 1.70 0.77 −0.19 −1.04 1.83 6.95 −0.36 −1.11 0.70
Growth +16.4% −54.7% −124.7% +279.8% −105.2%
10.7 10.6 10.7 10.3 10.0 9.8 9.4 n/a n/a n/a
10.9 10.7 10.7 10.3 10.0 9.8 9.4 n/a n/a n/a
Growth −1.2% −0.4% −3.8% −3.1% −1.3% −4.5%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue shrank 0.1% a year over five years.
  • The diluted share count fell 12.4% in five years, so buybacks did some of the work per share.
  • Operating margin is up 7.5 points on five years ago, at 2.3%.
  • A net loss in 4 of 10 years on file.