BSET

Interested in Bassett Furniture Industries, Incorporated? Here are five stocks we like better. Bassett Furniture posted slightly lower Q2 fiscal 2026 revenue, but adjusted operating performance improved and diluted EPS rose to $0.24 from $0.22, helped by higher wholesale margins and a 90-basis-point increase in gross margin to 56.5%. Demand trends improved late in the quarter, with retail written sales up 9.5% and wholesale orders up 5.2%; management said Memorial Day and June trends were encouraging heading into Q3. The company is leaning on store expansion, e-commerce, and wholesale initiatives to drive growth, while also planning a retail margin increase in mid-July and expecting capital spending to rise to $10 million-$12 million this year. Bassett Furniture: Buy Now, Sit Back, and Collect Dividends Bassett Furniture Industries (NASDAQ:BSET) reported modestly lower second-quarter fiscal 2026 revenue but improved adjusted operating performance, as management pointed to stronger retail order trends, higher wholesale margins and continued investment in stores, e-commerce and wholesale distribution. Chairman and CEO Rob Spilman said operating profit on an adjusted basis improved in the quarter ended May 30, despite “slightly lower consolidated revenue.” He highlighted a pickup in customer activity late in the period, with retail written sales rising 9.5% for the quarter and wholesale orders increasing 5.2%. → SK Hynix’s Nasdaq Listing Could Reset the AI Memory Trade Analysts Love Lovesac, But Investors Should Be Cautious “As we moved through the quarter, positive traffic during April and May contributed to retail written sales being up 9.5%,” Spilman said. “Our Memorial Day promotion was especially strong, with written sales up 14% and 4% more traffic than last year.” He added that the company saw those trends continue into June, providing “a good start” to the third quarter. SVP and CFO Mike Daniel said consolidated revenue was $83.8 million, down $500,000, or 0.7%, from the prior-year quarter. The decline reflected a $1.9 million, or 6.3%, decrease in sales to external wholesale customers, partly offset by a $1.3 million, or 2.4%, increase in retail sales from company-owned stores. → 2 Short Squeezes for Summer Speculation: What the Bears Are Getting Wrong High-Yield Bassett Furniture Rocks Into Reversal Gross margin rose 90 basis points to 56.5%, driven primarily by higher wholesale margins, though retail margins declined. Operating income was $2.2 million, or 2.7% of sales, compared with $2.5 million, or 3% of sales, in the year-earlier period. Diluted earnings per share increased to $0.24 from $0.22. Daniel said wholesale net sales were $53.1 million, down 2%, due to lower shipments to the open market. That was partly offset by higher shipments to Bassett’s retail store network and a 1% increase in Lane Venture shipments to wholesale customers. Including shipments of Lane Venture products to Bassett stores, Daniel said shipments of that brand increased 18%. → How TeraWulf’s Anthropic Deal Booted Up a $19B AI Empire Wholesale gross margin increased 110 basis points, which Daniel attributed to improved efficiencies in domestic upholstery and wood operations, as well as improved pricing strategies in import wood offerings. Wholesale SG&A expense as a percentage of sales increased 90 basis points, primarily because of higher outbound freight expense tied to fuel costs. Retail net sales were $55.5 million, up $1.3 million from the prior year. Written sales, representing orders taken but not delivered, rose 9.5%. Retail gross margin declined 120 basis points to 51.2%. Daniel said the decline was primarily due to lower margins on inline goods because the full effect of a mid-January price increase was not realized for the full quarter, as well as lower margins on clearance goods. He said the company has been more aggressive in moving returned goods and phased-out floor samples. Spilman said Bassett plans to raise retail gross margins in mid-July by 200 to 250 basis points. During the question-and-answer session, he said the retail side represents an area of opportunity for gross margin improvement. Daniel cautioned that the benefit from the July margin action would likely not appear meaningfully until the fourth quarter because Bassett must manufacture and deliver the furniture before recognizing sales. Management also discussed SG&A expenses, which Spilman described as “stubbornly high” despite recent cost-cutting. He said part of the issue is the higher percentage of overall sales represented by corporate retail, which carries a structurally higher SG&A burden than the traditional wholesale model. Bassett remains focused on reducing annual expenses by an additional $1.5 million to $2 million, a target management discussed on the prior quarter’s call. Bassett generated $7.4 million of operating cash flow during the quarter and ended the period with $53.9 million in cash and short-term investments. Daniel said cash and short-term investments increased by $2.9 million during the quarter after normal investing and financing outflows. The company paid $1.7 million in dividends and spent $500,000 on share repurchases during the quarter. Daniel said Bassett remains committed to shareholder returns through dividends and, when appropriate, share buybacks. Capital expenditures are expected to rise sharply this year. Daniel said Bassett expects total capital spending of $10 million to $12 million in fiscal 2026, compared with $4.5 million last year. The increase reflects a new store opened in Cincinnati, a planned Orlando store, and construction of tenant improvements for a new showroom in High Point that Bassett expects to unveil at the fall furniture market. Spilman outlined several initiatives intended to drive growth. Bassett opened a 14,000-square-foot store in Cincinnati on May 8, marking a return to that market. He said early traffic and written sales were encouraging, and that on the wholesale side, Bassett sold more products in Cincinnati in eight weeks than it did in all of last year. The company plans to open a similar-sized store in Orlando in early October. After the quarter ended, an existing open-market dealer in Nashville, Tennessee, converted an existing location into a 12,000-square-foot Bassett Home Furnishings store. Bassett currently operates 59 corporate stores and has 28 licensed stores. Spilman said e-commerce continues to show progress. Web traffic increased more than 3% during the quarter, while written web sales rose 40%, marking seven of the past eight quarters with increases of more than 20%. Average order value increased 24%. He said upholstery sales saw the largest jump, helped by an updated fabric module designed to improve customization, along with navigation improvements and a national home delivery program serving the contiguous 48 states. In wholesale, Spilman said Bassett is working to expand through Bassett Design Centers and Bassett Custom Studios, which together represent well over half of the company’s open-market business. Combined orders for those formats rose 1.3% in the quarter, while shipments declined 4.5%. The company opened four custom studios during the quarter, bringing the total to 64. Bassett is also pursuing the professional interior design channel and its six-month-old Bassett Hospitality division. Spilman said the hospitality business has written orders with hospitals, boutique hotels and senior living communities, and has recently quoted some large hospitality projects. During the Q&A session, Sidoti analyst Anthony Lebiedzinski asked whether the recent sales momentum was broad-based or concentrated in upholstery. Spilman said the strength was “slightly more in upholstery” but “pretty good across the board.” Lebiedzinski also asked what was driving improved demand. Spilman cited newer personnel, better customer understanding, improved analytics from a new agency and more efficient marketing investments. “It’s really a combination of things,” he said, adding that Bassett has only begun integrating artificial intelligence into its marketing efforts. Water Tower Research analyst Doug Lane asked about the Memorial Day promotion and why a 4% traffic increase translated into a 14% increase in written sales. Spilman said Bassett’s model can be “lumpy,” noting that the company wrote “a couple tickets over $100,000” during the quarter. Daniel added that Bassett is doing a better job converting store traffic. Lane also asked about e-commerce. Spilman said Bassett’s online channel historically served mostly as a closeout vehicle, then shifted toward more inline wood products. More recently, he said, improvements to the site have helped drive more upholstery and custom upholstery sales online. “Generally speaking, our web customer is a Bassett customer that also shops in the store,” Spilman said. Spilman closed the call by saying the company is energized by recent order trends and focused on executing its plan. Bassett expects to report again in October, around the debut of its new High Point showroom. Bassett Furniture Industries, Inc (NASDAQ: BSET), headquartered in Bassett, Virginia, is a vertically integrated manufacturer and retailer of residential home furnishings. The company designs, produces and markets a range of furniture items, including upholstered seating, wood case goods, bedroom collections, dining room sets and home décor accessories. Bassett is known for its emphasis on craftsmanship, offering both ready-to-assemble pieces and made-to-order products that cater to varying design preferences and space requirements. Bassett's products are sold through a dual-channel distribution network comprising company-owned Bassett Home Furnishings stores, a franchise and independent dealer network, and an e-commerce platform that provides online shopping, virtual design consultations and customization tools. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Bassett Furniture Industries Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.

Bassett Furniture Industries BSET used its second-quarter call to argue that improving demand trends, not just cost controls, are starting to reshape the story. Management pointed to stronger written sales, better traffic and rising e-commerce activity as signs that the business entered the third quarter with better momentum. That message mattered because reported growth was still modest. Earnings of 24 cents topped the 20 cents estimate by 20%, but executives spent more time on what they see building in the store base and digital channel than on the quarter’s headline beat. Bassett reported second-quarter revenues of $83.8 million, down 0.7% year over year, but topped the Zacks Consensus Estimate by 0.52%. Management highlighted order activity and store traffic as the more important signals for the back half of fiscal 2026. Bassett Furniture Industries, Incorporated price-consensus-eps-surprise-chart | Bassett Furniture Industries, Incorporated Quote Robert Spilman, chairman and chief executive officer, said retail written sales rose 9.5% in the quarter, helped by positive traffic in April and May. He added that Memorial Day written sales climbed 14% on 4% higher traffic and that the same trends continued into June. That emphasis framed the call. Bassett reported second-quarter revenues of $83.8 million, down 0.7% year over year, but management highlighted order activity and store traffic as the more important signals for the back half of fiscal 2026. Spilman also said wholesale orders rose 5.2%, even as shipments fell, because written sales were back-end loaded. That supported his view that the demand picture improved as the quarter progressed. The biggest operating issue on the call was retail margin. Consolidated gross margin improved 90 basis points to 56.5%, driven by wholesale, while retail gross margin fell 120 basis points as Bassett cleared inventory more aggressively and did not yet realize the full benefit of prior pricing actions. Spilman said the company plans to raise retail gross margins in mid-July by 200 to 250 basis points. Chief financial officer John Daniel told analysts that the pricing move would show up mainly in the fourth quarter because of production and delivery timing. That made retail the clearest near-term swing factor. Management described wholesale margins as largely where they should be, while presenting retail pricing and clearance normalization as the main path to a better consolidated margin profile. Management also returned to expense control. Spilman said Bassett remains focused on reducing annual expenses by another $1.5 million to $2 million, while Daniel said those savings should become more visible in the third and fourth quarters. Adjusted SG&A was another talking point. Excluding prior-year insurance proceeds, SG&A as a percentage of sales improved 20 basis points from last year, even though Bassett said the heavier mix of corporate retail sales keeps the cost structure higher than the traditional wholesale model. The company is still investing in expansion. Bassett opened a new Cincinnati store in May, expects to open in Orlando in early October and is repositioning its Long Island presence with a move to Melville next year. Those openings come with preopening costs and an early sales lag, which Daniel said will continue to weigh on near-term results. Spilman presented e-commerce as more than a side channel. Web traffic rose more than 3%, written web sales increased 40% and average order value climbed 24%, with upholstery and custom upholstery improving as site functionality improved. He tied that performance to website upgrades, a better fabric module and a more integrated omnichannel model. In Q&A, Spilman said web buyers are often the same customers who shop in stores, and Bassett can track that crossover through its clienteling platform. Management also said marketing has become more efficient. Spilman pointed to a new agency, stronger analytics, revived direct mail and the early use of Artificial Intelligence to reach younger and more affluent customers more precisely. Analyst questions whether the recent sales pickup is broad-based and sustainable. Spilman answered that upholstery is leading, but he described strength as fairly broad across categories and tied the improvement to better marketing, improved customer understanding and newer talent inside the company. A Water Tower Research analyst also pressed on the sharp gap between traffic growth and Memorial Day sales growth. Management said the answer was better conversion and a few very large design jobs that lifted ticket size. Another notable exchange covered IEEPA tariff refunds. Spilman said Bassett has already seen some benefit and expects more, though he stopped short of quantifying the amount or timing. The call’s broader tone was more active than defensive. Spilman repeatedly said the company is not waiting for housing to improve and instead is pushing pricing, marketing, store openings, wholesale initiatives and e-commerce execution to lift performance. Liquidity gives Bassett room to keep doing that. The company ended the quarter with $53.9 million in cash and short-term investments, generated $7.4 million of operating cash flow and continued paying dividends and repurchasing shares. BSET currently carries a Zacks Rank #2 (Buy) with a Value Score of B, Growth Score of C, Momentum Score of B and VGM Score of B. Under the Zacks framework, a #2 rank is among the more favorable signals, while A and B style scores indicate stronger relative characteristics over the near term.  You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. That combination puts BSET in a constructive spot, especially with B grades in Value, Momentum and VGM. Still, the Zacks system also stresses that rank changes can follow earnings estimate revisions after a quarterly report, so the current signal should be viewed as a point-in-time read rather than a fixed judgment. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Bassett Furniture Industries, Incorporated (BSET) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

This article first appeared on GuruFocus. Total Consolidated Revenue: $83.8 million, a decrease of $500,000 or 0.7%. Retail Sales: Increased by $1.3 million or 2.4% from company-owned stores. Wholesale Orders: Up 5.2% for the second quarter. Wholesale Shipments: Decreased by 2%. Gross Margin: Increased by 90 basis points to 56.5%. Retail Gross Margin: Declined by 120 basis points to 51.2%. SG&A Expenses: 53.3% of sales, 60 basis points higher than the prior year. Operating Income: $2.2 million or 2.7% of sales. Diluted Earnings Per Share: $0.24 versus $0.22 in the prior period. Cash from Operations: $7.4 million generated during the period. Cash and Short-term Investments: $53.9 million. Capital Expenditures: Expected between $10 million and $12 million for 2026. New Store Openings: One new store opened in Cincinnati; another planned in Orlando. Written Web Sales: Up by 40%, with a 24% increase in average order value. Corporate and Licensed Stores: 59 corporate stores and 28 licensed stores in operation. Share Buybacks: $500,000 spent on share repurchases in the quarter. Warning! GuruFocus has detected 8 Warning Sign with BSET. Is BSET fairly valued? Test your thesis with our free DCF calculator. Release Date: July 02, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Operating profit on an adjusted basis improved in the second quarter despite slightly lower consolidated revenue. Retail written sales increased by 9.5% during the quarter, with a strong Memorial Day promotion boosting sales by 14%. Wholesale orders rose by 5.2% for the second quarter, indicating positive demand trends. Consolidated gross margins grew by 90 basis points, driven by improvements in wholesale margins. E-commerce performance was strong, with written web sales up by 40%, marking seven of the last eight quarters with increases exceeding 20%. Consolidated revenue decreased by $500,000 or 0.7%, with a decline in sales to external wholesale customers. Retail gross margins fell by 120 basis points due to aggressive pricing of clearance inventory. SG&A expenses remained high, partly due to unforeseen expenses such as fuel surcharges. Wholesale shipments decreased by 2% as the increase in written sales was back-end loaded. New store preopening costs impacted SG&A, with expenses related to new locations in Cincinnati and Orlando. Q: Are the positive sales trends seen in May and June consistent across all product categories, or are they concentrated in the core upholstery segment? A: Robert Spilman, CEO, noted that while there is positive momentum across the board, the upholstery segment is experiencing slightly more growth. Q: What are the core reasons for the recent positive sales trends, and how sustainable are they? A: Robert Spilman, CEO, attributed the positive trends to a combination of factors, including new team members, better customer understanding, and more efficient marketing investments. The integration of AI into their strategy is also seen as a significant opportunity for sustained momentum. Q: How should we think about gross margins going forward, considering the various factors like price increases and input costs? A: Robert Spilman, CEO, indicated that while wholesale margins are stable, there is potential for improvement in retail margins. John Daniel, CFO, added that the impact of planned price increases will be more visible in the fourth quarter. Q: Are there expectations for IEEPA tariff refunds, and what is the status of these refunds? A: Robert Spilman, CEO, confirmed that they have received some refunds and expect more, although the exact magnitude is still being determined. Q: Can you explain the impact of new store openings on financials, particularly regarding preopening costs and sales timing? A: John Daniel, CFO, explained that new store preopening costs are significant and affect earnings until the store opens and sales begin. The Cincinnati store, for example, opened in May, but sales will only start reflecting in June. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

BASSETT, Va., July 01, 2026 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) reported today its results of operations for its second quarter ended May 30, 2026. Q2 Consolidated Business Highlights: [FY 26 vs. FY 25, unless otherwise specified] Revenues decreased 0.7% from the prior year quarter. Operating income was $2.2 million or 2.7% of sales as compared to operating income of $2.5 million or 3.0% of sales for the prior year quarter. Included in the prior year’s operating income was a $0.7 million gain from the receipt of insurance proceeds for a business interruption claim arising from a cyber incident that occurred in 2024. Excluding that gain, operating income for 2025 would have been $1.8 million or 2.1% of sales. Gross margin of 56.5% represented a 90-basis point increase from the prior year due primarily to higher margins in the wholesale business, partially offset by lower margins in the retail business. Selling, general and administrative (SG&A) expenses excluding new store preopening costs were 53.3% of sales, 60 basis points higher than the prior year. Excluding the previously mentioned gain in 2025 from the cyber claim proceeds that was recorded as a reduction of SG&A expenses, SG&A expenses as a percentage of sales would have been 53.5% in 2025, showing a 20-basis point improvement on an adjusted basis. Diluted earnings per share were $0.24 compared to $0.22 per share in the prior year period. Generated $7.4 million of cash from operating activities for the quarter. Fiscal 2026 Second Quarter Overview(Dollars in millions) Comments from Rob Spilman, Bassett Chairman and CEO “We remain focused on implementing meaningful strategies to strengthen Bassett’s performance while we weather the continued soft housing market. Operating profit on an adjusted basis improved in the second quarter on slightly lower consolidated revenue. Retail business was stronger as we moved through the quarter, and Bassett’s Memorial Day event resulted in a 14% increase in written sales and 4% more traffic than last year. We saw these retail trends continue into June, which is a good start for the third quarter. Total written sales were up 9.5% and wholesale orders rose 5.2% for the second quarter. A key priority is to improve operating efficiency and run a leaner operation. On an adjusted basis, SG&A expenses were down 20 basis points from last year’s quarter. We began to realize savings late in the quarter on our previously announced plan to reduce annual expenses by $1.5 million to $2 million. These reductions will be fully realized by fiscal year end. We’re continuing to execute on our five key 2026 initiatives to grow Bassett’s business, starting with generating higher sales and margins from our store network. Increased efficiency in digital marketing and direct mail was instrumental in driving traffic to stores and our website. The opening-price point collections launched at the April market will be in stores for Labor Day, and these complete our good-better-best merchandise strategy. Investments in our website continue to improve the user experience for navigation and customization. E-commerce written sales rose 40%, with the average order value increasing 24%. Customers are responding to Bassett’s fully integrated omni-channel experience, with the first positive web traffic since last year’s second quarter. This represents seven out of the last eight quarters where e-commerce sales grew by more than 20%. We’ve undertaken a number of data research projects, including the use of AI, to identify and target new key customer segments, especially younger, more affluent shoppers than our core customers. Throughout our rich 124-year history, we’ve navigated many economic and housing cycles. By accelerating innovation in design and manufacturing, we remain committed to producing quality home furnishings. We’re investing for stronger customer engagement through an omni-channel experience and working hard to expand markets in retail and wholesale. Continued execution of our key initiatives is essential to enhancing profitability and operational efficiency.” Conference Call and Webcast The Company will hold a conference call to discuss its quarterly results on July 2, 2026, at 9:00 am ET. The public is invited to listen to the conference call by webcast, accessible through the Company’s investor relations website, https://investors.bassettfurniture.com/. Participants can also listen to the conference call via https://edge.media-server.com/mmc/p/ef8tw32q. A replay and transcript of the conference call will be available on demand on the investor relations site. About Bassett Furniture Industries, Inc. Bassett Furniture Industries, Inc. (NASDAQ: BSET) is a leading provider of high-quality home furnishings with a wide range of distribution types. Bassett sales approximately 60% of its products through its network of 87 company- and licensee-owned stores which feature the latest on-trend furniture styles, the Company’s capabilities in custom furniture design and manufacturing, free in-home design visits, and coordinated decorating accessories in a professional and friendly environment. Bassett also has a significant traditional wholesale business with more than 1,000 open market accounts. Most of the open market sales are through Bassett Design Centers and Bassett Custom Studios which function as a store within a multi-line store featuring the Company’s custom furniture capabilities. The wholesale business, including the Lane Venture outdoor brand, also services general furniture stores and a growing number of interior design firms. Bassett products are also directly available to consumers at www.bassettfurniture.com. (BSET-E) Forward-Looking Statements Certain of the statements in this release, particularly those preceded by, followed by or including the words “believes,” “plans,” “expects,” “anticipates,” “intends,” “should,” “estimates,” or similar expressions, or those relating to or anticipating financial results or changes in operations for periods beyond the end of the second fiscal quarter of 2026, constitute “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended. For those statements, Bassett claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. In many cases, Bassett cannot predict what factors would cause actual results to differ materially from those indicated in the forward-looking statements. Expectations included in the forward-looking statements are based on preliminary information, as well as certain assumptions which management believes to be reasonable at this time. The following important factors affect Bassett and could cause actual results to differ materially from those indicated in the forward looking statements: the effects of national and global economic or other conditions and future events on the retail demand for home furnishings and the ability of Bassett’s customers and consumers to obtain credit; the success of marketing, logistics, retail and other initiatives; and the economic, competitive, governmental and other factors identified in Bassett’s filings with the Securities and Exchange Commission. Any forward-looking statement that Bassett makes speaks only as of the date of such statement, and Bassett undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Comparisons of results for current and any prior periods are not intended to express any future trends or indication of future performance, unless expressed as such, and should only be viewed as historical data. Contacts: J. Michael Daniel Senior Vice President and  Chief Financial Officer (276) 629-6000 – Investors [email protected] Peter D. Morrison Vice President of Communications (276) 629-6450 – Media

MillerKnoll (MLKN) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.6 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +5.77%. A quarter ago, it was expected that this furniture maker would post earnings of $0.45 per share when it actually produced earnings of $0.43, delivering a surprise of -4.44%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. MillerKnoll, which belongs to the Zacks Furniture industry, posted revenues of $1 billion for the quarter ended May 2026, surpassing the Zacks Consensus Estimate by 2.83%. This compares to year-ago revenues of $961.8 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. MillerKnoll shares have lost about 12.1% since the beginning of the year versus the S&P 500's gain of 7.6%. While MillerKnoll has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for MillerKnoll was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.36 on $949.85 million in revenues for the coming quarter and $2.00 on $3.97 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Furniture is currently in the top 20% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Bassett Furniture (BSET), another stock in the same industry, has yet to report results for the quarter ended May 2026. This furniture seller is expected to post quarterly earnings of $0.20 per share in its upcoming report, which represents a year-over-year change of -9.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Bassett Furniture's revenues are expected to be $83.43 million, down 1.1% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MillerKnoll, Inc. (MLKN) : Free Stock Analysis Report Bassett Furniture Industries, Incorporated (BSET) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research