With about 75% to 80% of its revenue derived from products manufactured in the United States (using a mix of domestic and globally sourced components and raw materials), we argue that Bassett is in a comparatively advantageous position relative to many of its peers given the continued evolving tariff landscape.
For 3Q:F25, we estimate that revenue increased 5% year over year to $79.4 million and expect EPS of $0.05 reversed the year-earlier loss of $0.41 per share.
On Monday, President Trump signed a proclamation that put in place new Section 232 tariffs on imported upholstered furniture effective October 14. As this product segment is not a material piece of overall sales, we maintain our EPS estimates.
With favorable comparisons, internal initiatives and projected operating margin improvements, we expect 4Q:F25 and F2026 EPS gains to $0.30 and $1.33, respectively, compared to 4Q:F24 EPS of $0.23 and F2025 estimated EPS of $0.78.
We assign a moderate risk rating to BSET given our expectation of the company's earnings recovery, solid balance sheet and projected free cash flow.

02 Oct 2025
Expect Much Improved Year-Over-Year Profitability In 3Q:F25; We Argue That BSET Is Positioned Better Than Most Peers To Navigate An Evolving Tariff Landscape; Maintain $19 Price Target

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Expect Much Improved Year-Over-Year Profitability In 3Q:F25; We Argue That BSET Is Positioned Better Than Most Peers To Navigate An Evolving Tariff Landscape; Maintain $19 Price Target
BASSETT FURNITURE INDS (BSET:NYSE) | 0 0 0.0%
- Published:
02 Oct 2025 -
Author:
Anthony C. Lebiedzinski -
Pages:
10 -
With about 75% to 80% of its revenue derived from products manufactured in the United States (using a mix of domestic and globally sourced components and raw materials), we argue that Bassett is in a comparatively advantageous position relative to many of its peers given the continued evolving tariff landscape.
For 3Q:F25, we estimate that revenue increased 5% year over year to $79.4 million and expect EPS of $0.05 reversed the year-earlier loss of $0.41 per share.
On Monday, President Trump signed a proclamation that put in place new Section 232 tariffs on imported upholstered furniture effective October 14. As this product segment is not a material piece of overall sales, we maintain our EPS estimates.
With favorable comparisons, internal initiatives and projected operating margin improvements, we expect 4Q:F25 and F2026 EPS gains to $0.30 and $1.33, respectively, compared to 4Q:F24 EPS of $0.23 and F2025 estimated EPS of $0.78.
We assign a moderate risk rating to BSET given our expectation of the company's earnings recovery, solid balance sheet and projected free cash flow.