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Jan 15, 2003
(Bassett, Va.) - January 15, 2003 - Bassett Furniture Industries Inc. announced today that its Board of Directors has declared a regular quarterly dividend of $.20 per share payable on March 3, 2003, to shareholders of record on February 12, 2003.Founded in 1902, Bassett Furniture Industries Inc. is one of the world's leading manufactur...
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Feb 3, 2003
(Bassett, Va.) - February 3, 2003 - Bassett Furniture Industries Inc. announced today that it is moving production from its Dublin, Ga., wood bedroom plant to its Superior Lines plant in Bassett, Va. The closure of the Dublin facility will occur over the next 75 days and affect approximately 300 employees (approximately 11% of the Company's workfor...
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Mar 25, 2003
(Bassett, Va.) - March 25, 2003 - Bassett Furniture Industries Inc. announced today that its Board of Directors has declared a regular quarterly dividend of $.20 per share payable on June 2, 2003, to shareholders of record on May 16, 2003.Founded in 1902, Bassett Furniture Industries Inc. is one of the world's leading manufacturers and ...
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May 19, 2003
(Bassett, Va.) - May 19, 2003 -Bassett Furniture Industries, Inc. will begin a new television branding campaign aimed at a personalized approach to solving home decorating projects. The campaign, developed by Atlanta-based agency Frederick/Swanston, has been created to differentiate the company's Bassett Furniture Direct (BFD) retail stores from ot...
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Jun 5, 2003
(Bassett, Va.) - June 5, 2003 - Bassett Furniture Industries, Inc. today announced that its Weiman Furniture division will acquire certain assets of Preview Furniture, Inc., a contemporary upholstery manufacturer in High Point, N.C. Over the next several weeks, Weiman will consolidate production of the Preview Furniture line into its upholstery pro...
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Jun 25, 2003
(Bassett, Va.) - June 25, 2003 - Bassett Furniture Industries Inc. announced today the financial results for its second fiscal quarter ended May 31, 2003.Sales for the second quarter of 2003 were $71.5 million, down 11.6% from second quarter 2002 levels. The decrease was due to industry-wide soft retail conditions as well as the previou...
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Sep 25, 2003
(Bassett, Va.) - September 25, 2003 - Bassett Furniture Industries Inc. announced today the financial results for its third fiscal quarter ended August 30, 2003 and year-to-date results. Sales for the third quarter of 2003 were $74.4 million, down 5.0% from third quarter 2002 levels. While industry wide soft retail conditions in June a...
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Sep 26, 2003
(Bassett, Va.) - September 26, 2003 - Bassett Furniture Industries Inc., a leading manufacturer and marketer of branded home furnishings, announced today it will license its Bassettbaby brand to Springs Baby Products and Little Kids Preferred, LLC. The two companies will manufacture infant and juvenile products using the Bassettbaby bra...
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Nov 29, 2003
To view Bassett's 10K for the fiscal year ended Nov. 29, 2003 click here.
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Jan 9, 2004
(Bassett, Va.) - January 9, 2004 - Bassett Furniture Industries Inc. (Nasdaq:BSET) announced today the results for its fourth quarter and fiscal year ended November 29, 2003.The Company reported net income for the quarter of $3.2 million or $.28 per diluted share compared to $1.7 million or $.14 per diluted share in the fourth quarter o...
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