What does retail — pre opening costs mean?

Reflects the expenses associated with preparing new retail locations for business prior to their official launch. These costs typically include staff training, initial marketing campaigns, and facility setup expenses. Tracking these costs provides insight into the company's retail expansion strategy and the short-term impact of growth initiatives on segment profitability.

Bassett Furniture Industries BSET Retail — Pre Opening Costs

Other segment segments

Wholesale

$0—

Similar metrics at other companies

BROSPre-opening costs — Cost of Sales

$6.34M+13.0%

OLLIPre-opening costs

$6.44M-3.2%

BRCBPre-opening costs

$1.09M+51.5%

SGPre-opening costs

$1.11M-34.5%

SHAKPre-opening costs

$6.87M+113%

BJPre-opening costs

$13.98M+181%

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 ratio2×0.0×

Where this comes from

Reported directly by Bassett Furniture Industries in its filing.

Tagged under the XBRL concept us-gaap:PreOpeningCosts.

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 — pre opening costs?: Bassett Furniture Industries (BSET) reported retail — pre opening costs of $473K in Q1 2026.
What does retail — pre opening costs mean?: Reflects the expenses associated with preparing new retail locations for business prior to their official launch. These costs typically include staff training, initial marketing campaigns, and facility setup expenses. Tracking these costs provides insight into the company's retail expansion strategy and the short-term impact of growth initiatives on segment profitability.