Core Insights - Bassett Furniture Industries, Inc. (BSET) reported an earnings per share (EPS) of $0.09 for Q3 2025, a significant recovery from a loss of $0.52 per share in the previous year [2][6] - The company generated revenue of $80.1 million, slightly exceeding the Zacks Consensus Estimate by 0.26%, but falling short of the anticipated $87.2 million [2][6] - BSET's gross margin improved to 56.2%, reflecting a 320 basis points increase, driven by better margins in the wholesale business [4][6] Financial Performance - The operating income for the quarter was reported at $0.6 million, a notable recovery from a loss of $6.4 million in the same quarter last year [3][6] - The company faced a previous year's loss that included a $1.2 million deficit from a logistical services contract and costs related to a cyber incident [3] - Financial metrics include a price-to-earnings (P/E) ratio of 55.95 and a price-to-sales ratio of 0.42, indicating the company's market valuation [4] Debt and Liquidity - BSET maintains a debt-to-equity ratio of 0.59, indicating a moderate level of debt compared to its equity [5] - The current ratio stands at 1.93, suggesting a strong ability to cover short-term liabilities with short-term assets [5]
Bassett Furniture Industries, Inc. (NASDAQ:BSET) Earnings Report Highlights