Q2 2026 Earnings

EX-99.1 2 ex_983859.htm EXHIBIT 99.1 ex_983859.htm Exhibit 99.1 Contacts: Bassett Furniture Industries, Inc. P.O. Box 626 Bassett, VA 24055 J. Michael Daniel Senior Vice President and Chief Financial Officer (276) 629-6000 – Investors [email protected] Peter D. Morrison Vice President of Communications (276) 629-6450 – Media For immediate release Bassett Reports Fiscal Second Quarter Results (Bassett, Va.) – July 1, 2026 – Bassett Furniture Industries, Inc. (Nasdaq: BSET) reported today its results of operations for its second quarter ended May 30, 2026. Q2 Consolidated Business Highlights : [FY 26 vs. FY 25, unless otherwise specified] ● Revenues decreased 0.7% from the prior year quarter. ● Operating income was $2.2 million or 2.7% of sales as compared to operating income of $2.5 million or 3.0% of sales for the prior year quarter. Included in the prior year’s operating inco...