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Robert Spilman

President, Chief Executive Officer & Chairman, BASSETT FURNITURE INDS

Search every verified Robert Spilman interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Robert Spilman, chairman and CEO of Bassett Furniture Industries, discussed the company's fiscal third-quarter 2026 results during an earnings call on October 1, 2026. He reported a 3.4% increase in consolidated revenue, with written retail sales from company-owned stores up 4.4% and wholesale written orders up 7.9%, led by double-digit gains in domestic upholstery. Spilman attributed the performance to positive trends across product categories and noted that e-commerce written sales rose 48%. He also acknowledged ongoing challenges, including slow housing markets, high mortgage rates, and inflation's impact on U.S. consumers. Spilman outlined plans to reduce annual expenses by an additional $1.5 to $2 million and announced the opening of two new stores in the next year, one of which will be a reposition involving a closure and an opening, resulting in a net increase of one store. He also highlighted the upcoming launch of a major Heather Chadduck collection and a new 44,000-square-foot showroom in High Point, expressing excitement about touring the space. Regarding dividends, Spilman stated that the company views the dividend as an important part of its capital allocation strategy, subject to board approval, and noted that the fourth quarter is typically the company's strongest cash generation period.

Recent appearances

  • BASSETT FURNITURE INDUSTRIES INC Q3 FY26 Earnings Call | Full Recording | BSET

    Full BASSETT FURNITURE INDUSTRIES INC (BSET) Q3 FY26 earnings call — complete recording with CEO/CFO commentary and analyst Q&A. 📰 Bassett to Launch Major Heather Chadduck Collection and New 44,000-Square-Foot Showroom 📈 Growth: Consolidated revenue increased 3.4% and written retail sales rose 4.4%, while e-commerce written sales surged 48%. ⚠️ Risks: Management cited slow housing markets, high mortgage rates, and the ongoing impact of high inflation on US consumers as major concerns. 🎯 Outlook: The company plans to reduce its annual expense run rate by an additional $1.5 to $2 million and o…

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  • Bassett Furniture (BSET): Built to Last Through Customization

    Send us Fan Mail (https://www.buzzsprout.com/2176476/fa...) Bassett Furniture (NASDAQ: BSET) Chairman & CEO Rob Spilman and CFO Mike Daniel join host Tim Gerdeman of Water Tower Research to discuss the company’s evolution into a leader in customized home furnishings. They discuss Bassett’s restructuring mindset, fast domestic manufacturing, product innovation across upholstery and case goods, and growth opportunities as independent furniture retailers consolidate.

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  • Rob Spilman Jr. on Faith, Culture, and a 122-Year Legacy

    This week, host Jon Pertchik sits down with Rob Spilman Jr., CEO, Chairman, and President of Bassett Furniture—a 122‑year‑old American brand founded by his great‑grandfather in 1902. Rob shares what it’s like to lead a four‑generation family business—and why saving it meant dismantling almost everything it was built on. From growing up in a company town to working in a dimension mill at 14, Rob reflects on legacy, responsibility, and the moment he realized globalization would fundamentally change American furniture manufacturing. In this candid conversation, Rob opens up about the painful de…

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  • Bassett Furniture Industries, Incorporated (NASDAQ: BSET) Q3 2025 Earnings Call | 10/09/2025

    Bassett Furniture Industries reported solid Q3 2025 results, with consolidated revenues rising 5.9% year-over-year to $80.1 million, or 7.3% excluding sales from Noa Home Inc., which was divested in late 2024. Operating income turned positive at $0.6 million (0.7% of sales), up from a loss of $6.4 million in the prior year period, helped by improved wholesale margins, cost containment initiatives, and the absence of one-time costs from a cyber incident and abandoned logistics contract last year. Gross margin expanded 320 basis points to 56.2%, reflecting stronger execution in the wholesale bus…

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  • C-Suite Interview with Bassett Furniture (BSET) President & CEO Rob Spilman

    Recorded April 29, 2021.Noble Capital Markets Senior Research Analyst Joe Gomes sits down with Bassett Furniture President ...

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  • IHFRA 2016 - Rob Spilman

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The summary and quote tags on this profile are produced with AI assistance from verified, first-person interview transcripts, then checked by our team to confirm the speaker's identity and the accuracy of every quote. See how we verify →