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Bassett Furniture Industries BSET Retail — Goodwill Impaired Accumulated Impairment Loss

Other segment segments

Wholesale
$1.97M0.0%

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Other financials

Income statement

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Revenue$83.8M-0.7%
Gross profit$49.9M+4.7%
Operating income$2.3M
Net income$2.0M+6.3%
EPS (diluted)$0.17

Balance sheet

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Cash & equivalents$35.9M-9.0%
Total debt$87.8M-10.2%
Total equity$164.5M-1.4%
Total assets$317.5M-4.2%

Cash flow

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Operating cash flow$7.4M+5.9%
CapEx$1.7M+23.1%
Free cash flow-$6.3M-586%

Valuation

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Market cap$153.23M+22.3%
Enterprise value$205.15M+11.7%
P/E28×
P/S0.5×+0.1×

Profitability

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Gross margin56.3%+1.9pp
Operating margin2.3%+1.4pp
Net margin1.6%
FCF margin-1.6%

Returns & leverage

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Return on equity3.3%
Debt / equity0.5×-0.1×
Current ratio0.0×

Where this comes from

Reported directly by Bassett Furniture Industries in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairedAccumulatedImpairmentLoss.

The official record: Bassett Furniture Industries’s 10-Q, filed July 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bassett Furniture Industries's retail — goodwill impaired accumulated impairment loss?
Bassett Furniture Industries (BSET) reported retail — goodwill impaired accumulated impairment loss of $1.93M in Q1 2026.
How has Bassett Furniture Industries's retail — goodwill impaired accumulated impairment loss changed year-over-year?
Bassett Furniture Industries's retail — goodwill impaired accumulated impairment loss decreased by 0.0% year-over-year, from $1.93M to $1.93M.
What does retail — goodwill impaired accumulated impairment loss mean?
This represents the cumulative total of impairment charges recognized against goodwill within the retail segment. It serves as a historical record of instances where the carrying value of acquired retail assets exceeded their recoverable amount. A growing balance suggests that previous acquisitions have failed to deliver the expected economic benefits.