What does wholesale — pre opening costs mean?

These are the costs associated with the setup and preparation of new wholesale distribution facilities or showrooms before they begin active operations. These expenses typically include initial staffing, training, and facility readiness costs that are expensed as incurred. Tracking these costs provides insight into the company's expansion strategy and the short-term financial impact of scaling wholesale operations.

Bassett Furniture Industries BSET Wholesale — Pre Opening Costs

Other segment segments

Retail

$473K—

Similar metrics at other companies

BROSPre-opening costs — Cost of Sales

$6.34M+13.0%

OLLIOllies — Pre Opening Costs

$6.44M-3.2%

SHAKPre-opening costs

$6.87M+113%

OLLIPre-opening costs

$6.44M-3.2%

DRIPre-opening costs

$8.8M+44.3%

CHDNPre-opening costs

$3M-25.0%

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 wholesale — pre opening costs?: Bassett Furniture Industries (BSET) reported wholesale — pre opening costs of $0 in Q1 2026.
What does wholesale — pre opening costs mean?: These are the costs associated with the setup and preparation of new wholesale distribution facilities or showrooms before they begin active operations. These expenses typically include initial staffing, training, and facility readiness costs that are expensed as incurred. Tracking these costs provides insight into the company's expansion strategy and the short-term financial impact of scaling wholesale operations.