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BASSETT FURNITURE INDUSTRIES INC

Wood Household Furniture, (No Upholstered) · VA · CIK 10329

Bassett Furniture Industries Inc. manufactures, markets, and retails branded home furnishings through stores and wholesale accounts

red 8-K · 90d

$136M

Market cap

$17.72

Last close

-2.9%

+12.2%

71K

Volume

Price · last 40 sessions+24.6%

May 4L $14.07 · H $18.24Jun 30

353

Total filings

Apr 21, 2026

Last filing

11/28

Fiscal year end

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Comparable business profile · signals at a glance

Risk factors · Feb 10, 2025 → Feb 5, 2026

5 added · 3 removed between the two most recent 10-Ks. The risks a company starts — or stops — disclosing are often the story.

Newly disclosed

We began supplementing the digital outreach strategy with added direct mail and television late in 2024 and expect to continue with a balanced blend of both digital and traditional direct mail and television in 2026.
Digital outreach strategies have been the primary vehicle for brand advertising and customer acquisition.
We have been a target of a cybersecurity attack in the past, and while such attack did not result in a material impact on our operations, business, customer relationships or reputation, we can provide no assurance that cybersecurity attacks or incidents in the future will not have a material adverse impact on our business.
Risks Related to Our Brand and Product Offerings Failure to successfully anticipate or respond to changes in consumer tastes and trends in a timely manner could adversely impact our business, operating results and financial condition.
If these stores do not generate the necessary level of sales and profits, the licensees may not be able to fulfill their obligations to us resulting in additional bad debt expenses and real estate related losses.

No longer disclosed

For example, we disclosed a cybersecurity incident in Item 1.05 of Current Reports on Form 8-K and 8-K/A filed on July 15, 2024 and August 6, 2024, respectively, relating to the detection of unauthorized occurrences on a portion of our information technology (IT) systems.
While digital advertising and outreach continue to dominate our marketing expenditures in 2024, we plan to supplement those strategies in 2025 with added direct mail and television.
If these stores do not generate the necessary level of sales and profits, the licensees may not be able to fulfill their obligations to us resulting in additional bad debt expenses and real estate related losses Risks Related to Our Brand and Product Offerings Failure to successfully anticipate or respond to changes in consumer tastes and trends in a timely manner could adversely impact our business, operating results and financial condition.