Bassett Furniture Industries Reports Q2 Fiscal 2026 Results
Bassett Furniture Industries reported slightly lower second-quarter fiscal 2026 revenue but improved adjusted operating performance. Diluted EPS rose to $0.24 from $0.22, driven by higher wholesale margins and a gross margin increase of 90 basis points to 56.5%. Retail written sales increased by 9.5%, with encouraging Memorial Day trends.
Tickers: $BSET
Topics: adjusted_operating_performance retail_sales_growth revenue wholesale_margins