v3.25.4
Note 19 - Revenue Recognition
12 Months Ended
Nov. 29, 2025
Notes to Financial Statements  
Revenue from Contract with Customer [Text Block]

19.

Revenue Recognition

 

Disaggregated revenue information for sales of furniture and accessories by product category for fiscal years 2025, 2024 and 2023, excluding intercompany transactions between our segments, is as follows:

 

   

2025

   

2024

   

2023

 
   

Wholesale

   

Retail

   

Corporate &

Other

   

Total

   

Wholesale

   

Retail

   

Corporate &

Other (2)

   

Total

   

Wholesale

   

Retail

   

Corporate &

Other (2)

   

Total

 

Bassett Custom Upholstery

  $ 76,923     $ 117,231     $ -     $ 194,154     $ 79,281     $ 111,943     $ -     $ 191,224     $ 89,005     $ 134,000     $ -     $ 223,005  

Bassett Leather

    16,484       9,121       -       25,605       15,705       4,990       -       20,695       26,701       1,951       -       28,652  

Bassett Custom Wood

    12,357       31,885       -       44,242       13,735       32,201       -       45,936       17,357       36,732       -       54,089  

Bassett Casegoods

    12,835       29,218       -       42,053       11,720       26,179       -       37,899       12,329       32,252       -       44,581  

Accessories, mattresses and other (1)

    -       29,226       -       29,226       -       29,250       4,919       34,169       -       31,005       8,804       39,809  

Consolidated Furniture and Accessories revenue

  $ 118,599     $ 216,681     $ -     $ 335,280     $ 120,441     $ 204,563     $ 4,919     $ 329,923     $ 145,392     $ 235,940     $ 8,804     $ 390,136  

 

 

(1)

Includes the sale of goods other than Bassett-branded products, such as accessories and bedding, and also includes the sale of furniture protection plans.

 

(2)

For fiscal 2023 and 2024, Corporate and other reconciling category includes the sales of Noa Home, which was acquired on September 2, 2022 and closed at the end of fiscal 2024 following the decision in the second quarter of fiscal 2024 to cease operations and liquidate the remaining inventory.