Similar to some other home furnishing and consumer companies, we think severe winter weather in January and February hurt customer traffic.
Hence, we shave about 1% from our sales forecast and now estimate February quarter revenue of $83.4 million and trim our 1Q:F26 EPS estimate by $0.03 to $0.15.
Given the continuing conflict in Iran, we also modestly temper our sales and EPS assumptions for 2Q:F26.
Otherwise, we maintain our 2H:F26-F2027 EPS estimates as we think Bassett will profit from its predominantly U.S. based manufacturing platform, internal sales growth initiatives and new store expansion.
Our moderate risk rating factors in our assumption of Bassett's earnings gains, strong balance sheet and expected free cash flow generation.
30 Mar 2026
1Q:F26 Likely Hurt By Adverse Weather; Still Expect EPS Gains Through F2027 Given Benefits From Domestic Manufacturing, Growth Initiatives, Better Margins; Maintain $21 Price Target
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1Q:F26 Likely Hurt By Adverse Weather; Still Expect EPS Gains Through F2027 Given Benefits From Domestic Manufacturing, Growth Initiatives, Better Margins; Maintain $21 Price Target
BASSETT FURNITURE INDS (BSET:NYSE) | 0 0 0.0%
- Published:
30 Mar 2026 -
Author:
Anthony C. Lebiedzinski -
Pages:
10 -
Similar to some other home furnishing and consumer companies, we think severe winter weather in January and February hurt customer traffic.
Hence, we shave about 1% from our sales forecast and now estimate February quarter revenue of $83.4 million and trim our 1Q:F26 EPS estimate by $0.03 to $0.15.
Given the continuing conflict in Iran, we also modestly temper our sales and EPS assumptions for 2Q:F26.
Otherwise, we maintain our 2H:F26-F2027 EPS estimates as we think Bassett will profit from its predominantly U.S. based manufacturing platform, internal sales growth initiatives and new store expansion.
Our moderate risk rating factors in our assumption of Bassett's earnings gains, strong balance sheet and expected free cash flow generation.