BSET: Retail and e-commerce growth drove margin gains despite flat revenue and high SG&A

Bassett Furniture Industries (BSET) reported that growth in its retail and e-commerce segments led to improved margins, even as overall revenue remained flat. The company faced challenges from high selling, general, and administrative (SG&A) expenses during the period. These results highlight the increasing importance of direct-to-consumer channels in maintaining profitability within the competitive home furnishings market.