Company News

BASSETT, Va., Sep 27, 2007 (PrimeNewswire via COMTEX News Network) -- Bassett Furniture Industries (Nasdaq:BSET), has announced the opening of two new prototype stores and other key elements of the framework for its retail growth strategy. In addition to unveiling a new Bassett store prototype in

BASSETT, Va., Aug 30, 2007 (PrimeNewswire via COMTEX News Network) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) has teamed up with Sweet Peanut to develop the coordinating layette collections for the World of Bassettbaby. Sweet Peanut has developed seven collections ranging from sweet and

BASSETT, Va., Aug 13, 2007 (PrimeNewswire via COMTEX News Network) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) is partnering with Babylicious to offer hip, fresh, quality baby bedding and essentials under the Bassettbaby brand name. The companies have developed several new collections and

BASSETT, Va., Jul 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 September 4, 2007, to shareholders of record on August 17, 2007.

BASSETT, Va., Jul 5, 2007 (PrimeNewswire via COMTEX News Network) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended May 26, 2007. Sales for the second quarter of 2007 were $75.4 million, down 14% from the $87.7 million sold in

BASSETT, Va., May 3, 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 June 1, 2007, to shareholders of record on May 16, 2007.

BASSETT, Va., Apr 02, 2007 (BUSINESS WIRE) -- Bassett Furniture Industries Inc. (NASDAQ:BSET) announced today its results of operations for its fiscal quarter ended February 24, 2007. Sales for the first quarter of 2007 were $73.4 million down 15% from the $86.5 million reported in the first

BASSETT, Va., Mar 05, 2007 (BUSINESS WIRE) -- Bassett Furniture Industries, Inc. (NASDAQ:BSET) announced today plans to cease operations at its wood manufacturing facility in Bassett, Va. The closure of the 323,000 square foot facility, located on Fairystone Park Highway, is planned to begin over

BASSETT, Va., Jan 19, 2007 (BUSINESS WIRE) -- Bassett Furniture Industries Inc. (NASDAQ:BSET) announced today its earnings for its fourth quarter and fiscal year ended November 25, 2006. Sales for the fourth quarter of 2006 were $76.5 million, down 13% from fourth quarter 2005 levels.

BASSETT, Va., Dec 21, 2006 (BUSINESS WIRE) -- Bassett Furniture Industries, Inc. (NASDAQ: BSET) announced today that as part of its Annual Report on Form 10-K for the year ended November 25, 2006 to be filed by February 8, 2007, the Company will restate its financial statements as of and for the