04:22 PM EDT, 04/02/2025 (MT Newswires) -- Bassett Furniture Industries ( BSET ) reported fiscal Q1 earnings late Wednesday of $0.21 per diluted share, compared with a loss of $0.14 a year earlier.

Two analysts polled by FactSet expected earnings of $0.03.

Net sales for the quarter ended March 1 were $82.2 million, down from $86.6 million a year earlier.

Two analysts surveyed by FactSet expected $79.6 million.

Shares of the company rose 3.1% in recent after-hours activity.

Price: 16.10, Change: +0.48, Percent Change: +3.07