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Bassett Furniture Industries BSET Wholesale — Goodwill Impaired Accumulated Impairment Loss

Other segment segments

Retail
$1.93M0.0%

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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 wholesale — goodwill impaired accumulated impairment loss?
Bassett Furniture Industries (BSET) reported wholesale — goodwill impaired accumulated impairment loss of $1.97M in Q1 2026.
How has Bassett Furniture Industries's wholesale — goodwill impaired accumulated impairment loss changed year-over-year?
Bassett Furniture Industries's wholesale — goodwill impaired accumulated impairment loss decreased by 0.0% year-over-year, from $1.97M to $1.97M.
What does wholesale — goodwill impaired accumulated impairment loss mean?
This represents the cumulative reduction in the carrying value of goodwill due to impairment charges, indicating that the expected future economic benefits of an acquisition have declined. It is a critical indicator of the success or failure of past capital allocation decisions.