Bassett Furniture Industries Reports Q1 FY26 Sales Decline, Plans for $1.5M-$2M Annual Savings
ByAinvest
Thursday, Apr 2, 2026 11:25 am ET1min read
BSET--
Bassett Furniture Industries reported Q1 fiscal 2026 sales down 2.2%. CEO Robert Spilman attributed the decline to a softening of demand after a strong start to the quarter. The company plans to implement a $1.5M-$2M annual savings plan starting in late Q2 to offset the decline.
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