Company News

BASSETT, Va., Jun 18, 2008 (PrimeNewswire via COMTEX News Network) -- Bassett Furniture Industries Inc. (Nasdaq:BSET) announced today that its Board of Directors has approved the first installment of $0.75 per share to be paid as part of the $1.25 special dividend announced in April.

BASSETT, Va. and BOSTON, Mass., Apr 10, 2008 (PrimeNewswire via COMTEX News Network) -- Bassett Furniture Industries Inc. (Nasdaq:BSET) and Costa Brava Partnership III L.P. today announced that they have resolved their potential proxy contest. Pursuant to an agreement entered into today, Costa

BASSETT, Va., Apr 10, 2008 (PrimeNewswire via COMTEX News Network) -- Bassett Furniture Industries Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended March 1, 2008. Sales for the quarter ended March 1, 2008 were $81.6 million as compared to $73.4 million for

BASSETT, Va., Apr 3, 2008 (PrimeNewswire via COMTEX News Network) -- Bassett Furniture Industries Inc. (Nasdaq:BSET) announced today that its Board of Directors, in its continued exploration of strategic alternatives for unlocking shareholder value, intends to issue to shareholders a special

BASSETT, Va., Mar 17, 2008 (PrimeNewswire via COMTEX News Network) -- Bassett Furniture Industries Inc. (Nasdaq:BSET) announced today that its Board of Directors has amended the Company's share repurchase authorization from $40 million to $60 million, reflecting the Board's belief that Bassett

BASSETT, Va., Mar 6, 2008 (PrimeNewswire via COMTEX News Network) -- Bassett Furniture Industries Inc. (Nasdaq:BSET) announced that it has engaged investment bank Stephens Inc. to assist its board of directors in continuing to explore avenues to unlock value in its portfolio of non-operating assets

BASSETT, Va., Jan 29, 2008 (PrimeNewswire via COMTEX News Network) -- Bassett Furniture Industries Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal year and quarter ended November 24, 2007. Sales for the fourth quarter of 2007 were $76.0 million down 1% from the $76.5

BASSETT, Va., Nov 8, 2007 (PrimeNewswire via COMTEX News Network) -- In cooperation with the Consumer Product Safety Commission, Bassettbaby is issuing a voluntary recall on certain Wendy Bellissimo Collection convertible cribs sold exclusively at Babies "R" Us.

BASSETT, Va., Oct 25, 2007 (PrimeNewswire via COMTEX News Network) -- Bassett Furniture Industries Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a regular quarterly dividend of $.20 per share payable on December 3, 2007, to shareholders of record on November 16, 2007.

BASSETT, Va., Oct 4, 2007 (PrimeNewswire via COMTEX News Network) -- Bassett Furniture Industries Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended August 25, 2007. Sales for the third quarter of 2007 were $70.5 million down 9% from $77.6 million for the