Company News

Company News

Date Title and Summary Additional Formats
Toggle Summary Bassett to Purchase Lane Venture Assets from Heritage Home Group
BASSETT, Va. , Dec. 18, 2017 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that it has entered into an agreement with Heritage Home Group LLC (HHG) to purchase certain of HHG's Lane Venture operating assets for $15,500,000 in cash.  The Company expects to
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Toggle Summary Bassett Declares Special Dividend
BASSETT, Va. , Nov. 07, 2017 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a special dividend of $0.35 per share of outstanding common stock payable on December 15, 2017 to shareholders of record at the close of
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Toggle Summary Bassett Declares Quarterly Dividend
BASSETT, Va. , Oct. 05, 2017 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a dividend of $0.11 per share of outstanding common stock payable on November 24, 2017 to shareholders of record at the close of business on
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Toggle Summary Bassett Furniture Donates Cribs for Hurricane Victims
BASSETT, Va. , Oct. 04, 2017 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (NASDAQ:BSET), a leading manufacturer and marketer of high quality home furnishings, today announced it would donate 200 cribs to four organizations in the Houston area which were recently devastated by floods and
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Toggle Summary Bassett Furniture Announces Opening of New Store in Kansas City
BASSETT, Va. , Oct. 02, 2017 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (NASDAQ:BSET), a leading manufacturer and marketer of high quality home furnishings, today announced the opening of a new licensed Bassett Home Furnishings store in Overland Park, Kansas -- the second most populous
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Toggle Summary Bassett Announces Fiscal Third Quarter Results
BASSETT, Va. , Sept. 28, 2017 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended August 26, 2017 . Fiscal 2017 Third Quarter Highlights Consolidated sales were $114.3 million for the third quarter of 2017
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Toggle Summary Bassett Furniture Announces Opening of New Store in Pittsburgh, PA
BASSETT, Va. , Sept. 16, 2017 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (NASDAQ:BSET), a leading manufacturer and marketer of high quality home furnishings, today announced the opening of its new Bassett Home Furnishings store located in The Block Northway Mall in Pittsburgh , Pa. 
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Toggle Summary Bassett Announces New Division to Expand Club Level Product Line
BASSETT, Va. , July 19, 2017 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (NASDAQ:BSET), a leading manufacturer and marketer of home furnishings, today announced the formation of a new division to expand its motion product line.  The Club Level Motion Division will be led by Bruce
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Toggle Summary Bassett Increases Quarterly Dividend
BASSETT, Va. , July 13, 2017 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a dividend of $0.11 per share of outstanding common stock payable on August 25, 2017 to shareholders of record at the close of business on
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Toggle Summary Bassett Announces Fiscal Second Quarter Results
BASSETT, Va. , June 29, 2017 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended May 27, 2017 . Fiscal 2017 Second Quarter Highlights Consolidated sales were $114.1 million for the second quarter of 2017
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