3 unchanged sentences
Therefore, we believe that gains or losses resulting from changes in the value of foreign currencies relating to foreign purchases not denominated in U.S.
−Removed: dollars would not be material to our results from operations in fiscal 2025.
−Removed: PART I-FINANCIAL INFORMATION-CONTINUED
−Removed: BASSETT FURNITURE INDUSTRIES, INCORPORATED AND SUBSIDIARIES
−Removed: AUGUST 30, 2025
−Removed: (Dollars in thousands except share and per share data)
+Added: dollars would not be material to our results from operations.
We are exposed to market risk from changes in the cost and availability of raw materials used in our manufacturing processes, principally wood, woven fabric, and foam products.
3 unchanged sentences
We have potential exposure to market risk related to conditions in the commercial real estate market.
−Removed: Our retail real estate holdings of $23,680 at August 30, 2025 for Company-owned stores could suffer significant impairment in value if we are forced to close additional stores and sell or lease the related properties during periods of weakness in certain markets.
−Removed: Additionally, if we are required to assume responsibility for payment under the lease obligations of $4,393 which we have guaranteed on behalf of certain licensees as of August 30, 2025 we may not be able to secure sufficient sub-lease income in the current market to offset the payments required under the guarantees.
+Added: Our retail real estate holdings of $23,346 at February 28, 2026 for Company-owned stores could suffer significant impairment in value if we are forced to close additional stores and sell or lease the related properties during periods of weakness in certain markets.
+Added: Additionally, if we are required to assume responsibility for payment under the lease obligations of $3,902 which we have guaranteed on behalf of certain licensees as of February 28, 2026 we may not be able to secure sufficient sub-lease income in the current market to offset the payments required under the guarantees.
We are also exposed to risk related to conditions in the commercial real estate rental market with respect to the right-of-use assets we carry on our balance sheet for leased retail store locations, manufacturing and warehouse facilities.
−Removed: At August 30, 2025, the unamortized balance of such right-of-use assets used in continuing operations totaled $80,532.
+Added: At February 28, 2026, the unamortized balance of such right-of-use assets used in continuing operations totaled $75,190.
Should we have to close or otherwise abandon one of these leased locations, we could incur additional impairment charges if rental market conditions do not support a fair value for the right of use asset in excess of its carrying value.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.