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Bassett Furniture and Winnebago have been highlighted as Zacks Bull and Bear of the Day

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Bassett Furniture and Winnebago have been highlighted as Zacks Bull and Bear of the Day
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Zacks Equity Research highlighted Bassett Furniture Industries as its “Bull of the Day” and Winnebago Industries as its “Bear of the Day” on July 8, 2026, framing both companies within the ongoing softness in housing. For Bassett, which holds a Zacks Rank #1 (Strong Buy), written sales for its Memorial Day event rose 14% versus last year. The retailer operates 87 company- and licensee-owned home furnishing stores and also runs a wholesale business with more than 1,000 open-market accounts through Bassett Design Centers and Bassett Custom Studios. On July 1, Bassett reported fiscal Q2 2026 earnings of $0.24 per share, beating the consensus by $0.04, while gross margins increased 90 basis points to 56.5% year over year. Management cited improving retail conditions, with total written sales up 9.5% and wholesale orders up 5.2% in the quarter, and said e-commerce written sales climbed 40%. Analysts raised fiscal estimates after the release.

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