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Company News
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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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Feb 24, 2004
(Bassett, VA) - February 24, 2004 - Bassett Furniture Industries, Inc. (NASDAQ:BSET) is teaming up with NFL great and business entrepreneur John Elway to develop Elway Home. Elway Home reflects comfortable living with simplicity and style. The line rolls out with home entertainment in addition to motion furniture and is scheduled for unveiling in A...
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Mar 25, 2004
(Bassett, Va.) - March 25, 2004 - Bassett Furniture Industries Inc. (Nasdaq:BSET) announced today its earnings for its fiscal quarter ended February 28, 2004.Sales for the first quarter of 2004 were $76.6 million, down 1.3% from first quarter 2003 levels. The net growth in the Company's ongoing distribution channels, fueled by increased...
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Jun 24, 2004
(Bassett, Va.) - June 24, 2004 - Bassett Furniture Industries Inc. (Nasdaq: BSET) announced today its earnings for its second fiscal quarter ended May 29, 2004.Sales for the second quarter of 2004 were $80.4 million, up 4.5% from second quarter 2003 levels. The growth in the Company's ongoing distribution channels, fueled by increased s...
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Jun 28, 2004
Bassett Furniture Industries, Inc. (NASDAQ:  BSET), presented company information to investors during Sidoti & Company First Annual Boston Emerging Growth Insititutional Investor Forum on June 28, 2004.To view the presentation given to investors duri...
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Aug 3, 2004
(Bassett, Va.) - August 3, 2004 - Bassett Furniture Industries Inc. (NASDAQ: BSET) announced today that it will be moving certain production from its Macon, Ga., wood home entertainment/home office furniture facility to its other wood manufacturing facilities. In addition, certain current and new groups from its home entertainment category will be ...
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Aug 11, 2004
What:Robert Spilman, President and Chief Executive Officer of Bassett Furniture Industries, Inc. [BSET] and John Elway, Hall-of-Fame Quarterback will preside over the NASDAQ Market Open.  Where:NASDAQ MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio When: Wednesday, August 11 2004 at 9:30 a.m. EST...
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Sep 28, 2004
(Bassett, Va.) - September 28, 2004 - Bassett Furniture Industries Inc. (NASDAQ: BSET) announced today its earnings for its third fiscal quarter ended August 28, 2004.Sales for the third quarter of 2004 were $78.6 million, down 1% from third quarter 2003 levels. The growth in the Company's ongoing distribution channels, fueled by increa...
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Jan 10, 2005
(Bassett, Va.) - January 10, 2005 - Bassett Furniture Industries Inc. (NASDAQ: BSET) announced today its earnings for its fourth quarter and fiscal year ended November 27, 2004.Sales for the fourth quarter of 2004 were $80.1 million, down 3% from fourth quarter 2003 levels, reflecting the continued transition from traditional channels o...
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Mar 24, 2005
(Bassett, Va.) - March 24, 2005 - Bassett Furniture Industries Inc. (Nasdaq:BSET) announced today its earnings for its fiscal quarter ended February 26, 2005.Sales for the first quarter of 2005 were $80.8 million, up 5% from first quarter 2004 levels, fueled by a $9 million or 22% increase in shipments to Bassett Furniture Direct (BFD) ...
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Mar 31, 2005
(Bassett, VA) ––March 31, 2005: Bassett Furniture Industries, Inc. (NASDAQ: BSET) has partnered with ABC’s "Extreme Makeover: Home Edition" show to help the Leslie family from Braithwaite, La. The show will air Sunday, April 3 (8:00-9:00 p.m., EST) on the ABC Television Network. "We chose Bassett Furniture Direct because it offers a broa...
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Jun 2, 2005
(Bassett, Va.) - June 2, 2005 - Bassett Furniture Industries Inc. (NASDAQ:BSET) announced today that it had reached an agreement to acquire a controlling interest in eight Bassett Furniture Direct (BFD) stores in greater Dallas, Texas.The Company expects to record a pre-tax charge in its second quarter in the range of $2.0 - $2.6 millio...
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Jun 28, 2005
( Bassett , Va. ) - June 28, 2005 - Bassett Furniture Industries Inc. (Nasdaq: BSET) announced today its earnings for its fiscal quarter ended May 28, 2005 . Sales for the second quarter of 2005 were $83.1 million, up 3.4% from second quarter 2004 levels, led by a $9 million or 22% increase in shipments to Bassett Furniture Direct (BFD)...
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Sep 1, 2005
Bassett, Va.) - September 1, 2005 - Bassett Furniture Industries Inc. (NASDAQ: BSET) announced today that it had finalized the acquisition of three Bassett Furniture Direct (BFD) stores in upstate New York and controlling interest in four BFD stores in Atlanta, Ga.The Company expects to record a pre-tax charge in its third quarter in th...
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Sep 28, 2005
(Bassett, Va.) – September 28, 2005 – Bassett Furniture Industries Inc. (Nasdaq:  BSET) announced today its earnings for its fiscal quarter ended August 27, 2005.   Sales for the third quarter...
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Sep 29, 2005
( Bassett , VA ) -- September 29, 2005 : Bassett Furniture Industries, Inc. announced today plans to cease operations at its wood manufacturing facility in Mount Airy, N.C. The closure of the 540,000 square foot facility, located on Sheep Farm Road, will occur in the next 60 days and affect approximately 300 employees or 15 percent of the Company's...
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Oct 4, 2005
Bassett, VA (October 4, 2005) - October 7 won't be just another casual Friday, at Bassett Furniture. The denim worn on this date will have significant meaning to the employees electing to join millions of others across the country by participating in Lee National Denim Day. The grassroots event, created to raise funds for breast cancer, will celebr...
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Dec 22, 2005
December 22, 2005: BASSETT, VA -Bassett Furniture Industries, Inc. (NASDAQ: BSET) is supporting its Elway Home by Bassett brand with a national advertising and promotional campaign to market the New Year's sale period and launch of Elway Home New American Retreat collection. Broadcast and print art were created and scheduled by Bassett's in-house M...
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Jan 10, 2006
(Bassett, Va.) – January 10, 2006 – Bassett Furniture Industries Inc. (Nasdaq: BSET) announced today its earnings for its fiscal fourth quarter and year ended November 26, 2005.Sales for the fourth quarter of 2005 were $88.6 million, up 10.6 percent from fourth quarter 2004 levels, led by an $8 million increase in shipments t...
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Mar 23, 2006
(Bassett, Va.) – March 23, 2006 – Bassett Furniture Industries Inc. (Nasdaq:BSET) announced today its earnings for its fiscal quarter ended February 25, 2006. Sales for the first quarter of 2006 were $86.5 million, up 7% from first quarter 2005 levels. Wholesale shipments into the Bassett Furniture Direct (BFD) channel increased by $4 m...
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Jun 27, 2006
(Bassett, Va.) - June 27, 2006 - Bassett Furniture Industries Inc. (NASDAQ:BSET) announced today its earnings for its fiscal quarter ended May 27, 2006.Sales for the second quarter of 2006 were $87.7 million, up 5.5% from second quarter 2005 levels. Gross margins increased 5.2 percentage points in the second quarter of 2006 as compared...
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Aug 2, 2006
BASSETT, Va., Aug 02, 2006 (BUSINESS WIRE) -- Bassett Furniture Industries, Inc. (NASDAQ: BSET), a leading marketer, manufacturer and importer of branded home furnishings, has announced the appointment of Jason Camp to lead the company's retail and brand strategies. As senior vice president of retail, Mr. Camp will refine and enhance the consumers'...
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Aug 17, 2006
Summer vacation just got sweeter for lucky seventh grade teacher, Kathy Corder, of Marietta. Ms. Corder is the proud new owner of a $20,000 Bassett Ultimate Home Theatre sweepstakes prize package that includes home theater seating by John Elway Home. Sony large screen TV, customized entertainment center and customized reclining seating – all ...
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Aug 31, 2006
BASSETT, Va., Aug 31, 2006 (BUSINESS WIRE) -- Bassett Furniture Industries Inc. (NASDAQ: BSET) announced today that its third quarter earnings will be negatively impacted by lower sales levels and slightly reduced margins, compared to the year ago period. Third quarter sales for the three month period ended August 26, 2006, are expected to be a...
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Aug 31, 2006
BASSETT, Va., Aug 31, 2006 (BUSINESS WIRE) -- Bassett Furniture Industries Inc. (NASDAQ: BSET) has launched its first-ever catalog targeted directly toward consumers. Starting last week, the 84-page book was shipped to 1.2 million households across 21 markets in the United States. The announcement was made by Michael Satterfield, vice president, ma...
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Sep 26, 2006
BASSETT, Va., Sep 26, 2006 (BUSINESS WIRE) -- Bassett Furniture Industries Inc. (NASDAQ: BSET) announced today its earnings for its fiscal quarter ended August 26, 2006. Sales for the third quarter of 2006 were $77.6 million, down 6.3% from third quarter 2005 levels. The Company reported net income of $.4 million or $.04 per share as ...
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Dec 21, 2006
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 year ended November 26, 2005. The Company believes th...
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Jan 19, 2007
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. The Company reported net income of $0.4 million or $.03 per ...
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Mar 5, 2007
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 the next 60 to 90 days and affect approximately 280 ...
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Apr 2, 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 quarter of 2006. As previously announced, this shortf...
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May 3, 2007
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 Furniture Industries, Inc. is a leading manufactu...
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Jul 5, 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 the second quarter of 2006. As previously repo...
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Jul 25, 2007
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 Furniture Industries, Inc. is a leading ...
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Aug 13, 2007
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 will unveil the new products next month at the ABC K...
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Aug 30, 2007
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 simple to hip and modern and all are available in thr...
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Sep 27, 2007
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 two locations today, the company will begin selling ...
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Oct 4, 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 third quarter of 2006. This shortfall is primarily ...
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Oct 25, 2007
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 Furniture Industries, Inc. is a leading...
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Nov 8, 2007
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. A joint press release with the CPSC was issued today, November 8, 2007. To see a copy o...
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Jan 29, 2008
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 million for the fourth quarter of 2006. Sales for ...
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Mar 6, 2008
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 that it believes is not currently fully recognized...
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Mar 17, 2008
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 shares represent an attractive value in today's market....
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Apr 3, 2008
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 one-time dividend of $1.25 per share, representing approx...
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Apr 10, 2008
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 Brava will support the nominees proposed by Bassett...
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Apr 10, 2008
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 the quarter ended February 24, 2007 an increase ...
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Jun 18, 2008
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. Accordingly, $0.75 per share will be paid to shareholders of reco...
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Jul 10, 2008
BASSETT, Va., Jul 10, 2008 (PrimeNewswire via COMTEX News Network) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter and 27 week period ended May 31, 2008. Sales for the quarter ended May 31, 2008 were $74.9 million as compared to $75.4 million for the quarter ended May 26, 2007...
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Jul 18, 2008
BASSETT, Va., Jul 18, 2008 (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 $.225 per share payable on September 2, 2008, to shareholders of record on August 15, 2008. Bassett Furniture Industries, Inc. is a leading...
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Oct 9, 2008
BASSETT, Va., Oct 9, 2008 (GlobeNewswire via COMTEX News Network) -- Bassett Furniture Industries Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter and 40 week period ended August 30, 2008. Sales for the quarter ended August 30, 2008 were $70.2 million as compared to $70.5 million for the quarter ended August 2...
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Oct 16, 2008
BASSETT, Va., Oct 16, 2008 (GlobeNewswire via COMTEX News Network) -- Bassett Furniture Industries Inc. (Nasdaq:BSET) announced today that its Board of Directors declared a quarterly dividend of $0.10 per share payable on December 1, 2008 to shareholders of record on November 17, 2008. The Company has returned over $22 million of capital to its sha...
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Feb 2, 2009
BASSETT, Va., Feb 2, 2009 (GlobeNewswire via COMTEX News Network) -- Bassett Furniture Industries Inc. (Nasdaq:BSET) announced today that its Board of Directors did not declare a quarterly dividend for the second quarter of fiscal 2009, preserving approximately $1.1 million of cash in the quarter based on the quarterly dividend amount paid in Decem...
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Feb 11, 2009
BASSETT, Va., Feb 11, 2009 (GlobeNewswire via COMTEX News Network) -- Bassett Furniture Industries Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal year and quarter ended November 29, 2008. Sales for the fourth quarter of 2008 were $61.7 million, down 18.9% from the $76.0 million for the fourth quarter of 2007. This s...
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Mar 19, 2009
BASSETT, Va., Mar 19, 2009 (GlobeNewswire via COMTEX News Network) -- Bassett Furniture Industries Inc. (Nasdaq:BSET) announced today actions to reduce its overall cost structure that will result in lower expenditures for payroll, employee benefits, warehousing and distribution, marketing, and other miscellaneous items. As a result, the Company exp...
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Apr 9, 2009
BASSETT, Va., Apr 9, 2009 (GlobeNewswire via COMTEX News Network) -- Bassett Furniture Industries Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended February 28, 2009. Sales for the quarter ended February 28, 2009 were $59.4 million as compared to $81.6 million for the quarter ended March 1, 2008, a decrea...
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Jul 9, 2009
BASSETT, Va., Jul 9, 2009 (GlobeNewswire via COMTEX News Network) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) today announced that as part of its triennial accounting review by the SEC, it has received comment letters from the Commission during the second and third quarters of 2009, relating to Bassett's Form 10-K for the year ended Novembe...
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Jul 22, 2009
BASSETT, Va., Jul 22, 2009 (GlobeNewswire via COMTEX News Network) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced previously on July 9, 2009 that the filing of its Quarterly Report on Form 10-Q for the quarter ended May 30, 2009 (the "Form 10-Q") would be delayed as the Company worked to resolve issues raised in a series of comment l...
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Aug 20, 2009
BASSETT, Va., Aug 20, 2009 (GlobeNewswire via COMTEX News Network) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) today announced that its triennial accounting review by the Securities and Exchange Commission (SEC) is close to being completed. As previously announced, Bassett had received comment letters from the Commission during the second a...
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Sep 14, 2009
BASSETT, Va., Sep 14, 2009 (GlobeNewswire via COMTEX News Network) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended May 30, 2009. Sales for the quarter ended May 30, 2009 were $57.7 million as compared to $74.9 million for the quarter ended May 31, 2008, a decrease of 23%...
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Oct 8, 2009
BASSETT, Va., Oct 8, 2009 (GlobeNewswire via COMTEX News Network) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended August 29, 2009. Sales for the quarter ended August 29, 2009 were $57.7 million as compared to $70.2 million for the quarter ended August 30, 2008, a decreas...
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Oct 15, 2009
BASSETT, Va., Oct 15, 2009 (GlobeNewswire via COMTEX News Network) -- Bassett Furniture Industries Inc. (Nasdaq:BSET) announced today that it is closing its fiberboard facility in Bassett, Va. The plant, which began production in 1970, produces medium density fiberboard (MDF) made from wood fibers. The closure of the facility will occur by the end ...
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Jan 27, 2010
BASSETT, Va., Jan 27, 2010 (GlobeNewswire via COMTEX News Network) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended November 28, 2009. Sales for the quarter ended November 28, 2009 were $59.5 million as compared to $61.7 million for the quarter ended November 29, 2008, a ...
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Apr 5, 2010
BASSETT, Va., Apr 5, 2010 (GlobeNewswire via COMTEX News Network) -- Bassett Furniture Industries (Nasdaq:BSET), a leading home furnishings manufacturer, has announced plans to reopen an upholstery facility in Newton, N.C. The plant is expected to open at the end of May and will manufacture a new starting price point of sofas, loveseats, chairs, an...
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Apr 8, 2010
BASSETT, Va., Apr 8, 2010 (GlobeNewswire via COMTEX News Network) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended February 27, 2010. Sales for the quarter ended February 27, 2010 were $52.9 million as compared to $57.8 million for the quarter ended February 28, 2009, a d...
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Jul 8, 2010
BASSETT, Va., Jul 8, 2010 (GlobeNewswire via COMTEX News Network) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended May 29, 2010. Sales for the quarter ended May 29, 2010 were $57.8 million as compared to $57.7 million for the quarter ended May 30, 2009, an increase of 0.2...
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Oct 7, 2010
BASSETT, Va., Oct 7, 2010 (GlobeNewswire via COMTEX News Network) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended August 28, 2010. Consolidated sales for the quarter ended August 28, 2010 were $58.5 million as compared to $57.7 million for the quarter ended August 29, 20...
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Jan 27, 2011
BASSETT, Va., Jan. 27, 2011 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended November 27, 2010. Consolidated sales for the quarter ended November 27, 2010 were $66.0 million as compared to $59.5 million for the quarter ended November 28, 2009, an incr...
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Apr 12, 2011
BASSETT, Va., April 12, 2011 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its first fiscal quarter of 2011. Consolidated sales for the quarter ended February 26, 2011 were $64.3 million as compared to $52.9 million for the quarter ended February 27, 2010, an increase of 2...
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May 3, 2011
BASSETT, Va., May 3, 2011 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today the successful completion of the sale of its interest in the International Home Furnishing Center (IHFC) in High Point, N.C. The total value of the deal was $275 million which includes $175 million in contemplated cash proceeds for Bassett...
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May 3, 2011
HIGH POINT, N.C. and LAS VEGAS, May 3, 2011 /PRNewswire/ -- The world's largest network of premium home furnishings, gift and home decor showroom and exhibition space was launched today.  The newly formed International Market Centers, L.P. (IMC) announced an investment of approximately $1 billion to unite iconic showroom assets in High Point, N.C.,...
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May 16, 2011
PEABODY, Mass. and BASSETT, Va., May 16, 2011 (GLOBE NEWSWIRE) -- Boston Acoustics®, a world-renowned manufacturer of innovative home entertainment solutions and high performance loudspeakers, today announced it has teamed up with Bassett Furniture (Nasdaq:BSET), a leading manufacturer of high-quality, mid-priced home furnishings, to introduce...
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Jul 7, 2011
BASSETT, Va., July 7, 2011 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended May 28, 2011. Consolidated sales for the quarter ended May 28, 2011 were $66.3 million as compared to $57.8 million for the quarter ended May 29, 2010, an increase of 15%. The...
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Jul 14, 2011
BASSETT, Va., July 14, 2011 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a regular dividend of $.03 per share on outstanding common stock payable on September 1, 2011, to shareholders of record at the close of business August 15, 2011. Bassett Furniture Industr...
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Sep 8, 2011
BASSETT, Va., Sept. 8, 2011 (GLOBE NEWSWIRE) -- Bassett Furniture and HGTV will create an HGTV HOME-branded line of custom upholstery and accent furniture available in Bassett Home Furnishings stores in 2012. Also in 2012, separate HGTV HOME furniture collections will be made available to the Top 100 and major independent furniture retailers across...
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Oct 6, 2011
BASSETT, Va., Oct. 6, 2011 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended August 27, 2011. Consolidated sales for the quarter ended August 27, 2011 were $59.4 million as compared to $58.5 million for the quarter ended August 28, 2010, an increase of...
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Oct 13, 2011
BASSETT, Va., Oct. 13, 2011 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a regular quarterly dividend of $0.035 per share on outstanding common stock payable on December 1, 2011, to shareholders of record at the close of business November 15, 2011. This represents an i...
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Nov 18, 2011
BASSETT, Va., Nov. 18, 2011 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET), today announced that its Board of Directors has declared a special dividend of $0.50 per share of common stock outstanding payable on January 3, 2012 to holders of record on December 23, 2011. Earlier this year, after the sale of its interest i...
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Jan 24, 2012
BASSETT, Va., Jan. 24, 2012 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended November 26, 2011. Fiscal 2011 Fourth Quarter Consolidated sales for the fourth quarter decreased 4.1% to $63.3 million as compared to the fourth quarter of 201...
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Apr 5, 2012
BASSETT, Va., April 5, 2012 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended February 25, 2012. Fiscal 2012 First Quarter Consolidated sales for the first quarter decreased 5.1% to $61.0 million as compared to the first quarter 2011 due ...
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Apr 19, 2012
BASSETT, Va., April 19, 2012 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a regular dividend of $.05 per share on outstanding common stock payable on June 1, 2012, to shareholders of record at the close of business May 15, 2012. Bassett Furniture Industries, In...
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Jun 26, 2012
BASSETT, Va., June 26, 2012 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced that it has been added to the U.S. broad-market Russell 3000® and small-cap Russell 2000® Indices. The Company joined the indices at the close of market on Friday, June 22, 2012, when Russell Investments reconstituted its U.S. and gl...
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Jul 5, 2012
BASSETT, Va., July 5, 2012 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended May 26, 2012. Fiscal 2012 Second Quarter Highlights Consolidated sales for the second quarter 2012 increased 1.8% as compared to the second quarter 2011. ...
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Jul 16, 2012
BASSETT, Va., July 16, 2012 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a regular dividend of $.05 per share on outstanding common stock payable on August 31, 2012, to shareholders of record at the close of business August 15, 2012. Bassett Furniture Industrie...
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Aug 23, 2012
BASSETT, Va., Aug. 23, 2012 (GLOBE NEWSWIRE) -- Consumers can now experience the same exciting HGTV makeover experience that they see on-air, at their local Bassett Home Furnishings store. The HGTV® HOME Design Studio only at Bassett debuts this week in Bassett stores across the country featuring an HGTV HOME-branded line of custom upholstery ...
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Aug 29, 2012
BASSETT, Va., Aug. 29, 2012 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET), today announced that its Board of Directors has declared a special dividend of $1.25 per share of common stock outstanding payable on October 26, 2012 to holders of record on October 12, 2012. For the past two quarters Bassett has paid a quarte...
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Sep 27, 2012
BASSETT, Va., Sept. 27, 2012 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended August 25, 2012. Fiscal 2012 Third Quarter Highlights Consolidated sales for the third quarter 2012 increased 8.5% as compared to the third quarter 2011 ...
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Oct 12, 2012
BASSETT, Va., Oct. 12, 2012 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a regular dividend of $.05 per share on outstanding common stock payable on December 3, 2012 to shareholders of record at the close of business November 15, 2012. Bassett Furniture Industr...
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Jan 10, 2013
BASSETT, Va., Jan. 10, 2013 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended November 24, 2012. Fiscal 2012 Fourth Quarter Highlights Consolidated sales for the fourth quarter 2012 increased 21% as compared to the fourth quarter 2011 ...
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Jan 17, 2013
BASSETT, Va., Jan. 17, 2013 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a regular dividend of $.05 per share on outstanding common stock payable on March 1, 2013 to shareholders of record at the close of business February 15, 2013. Bassett Furniture Industries...
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Jan 21, 2013
BASSETT, Va., Jan. 21, 2013 (GLOBE NEWSWIRE) -- Bassett Furniture (Nasdaq:BSET) is expanding its regional warehouse network with the addition of two new warehouses located in Seattle, Wash., and Indianapolis, Ind. These new warehouse locations are strategically stocked with best-selling skus to support the growth of the Bassett brand with independe...
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Mar 7, 2013
BASSETT, Va., March 7, 2013 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a regular dividend of $.05 per share on outstanding common stock payable on May 31, 2013 to shareholders of record at the close of business May 15, 2013. Bassett Furniture Industries, Inc....
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Apr 4, 2013
BASSETT, Va., April 4, 2013 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended March 2, 2013. Fiscal 2013 First Quarter Highlights Consolidated sales for the first quarter of 2013 increased 31% as compared to the first quarter of 2012 ...
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Jun 6, 2013
BASSETT, Va., June 6, 2013 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that Robert H. Spilman, Jr., President and Chief Executive Officer, will present at the Piper Jaffray Consumer Conference on Thursday, June 13, 2013 at 4:00 p.m. at the New York Palace Hotel in New York City.        About Bassett ...
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Jun 19, 2013
BASSETT, Va., June 19, 2013 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that Robert H. Spilman, Jr., President and Chief Executive Officer, and J. Michael Daniel, Sr. Vice President and Chief Financial Officer, will present at the Oppenheimer & Company 13th Annual Consumer Conference on Wednesday, June 26, 2...
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Jul 9, 2013
BASSETT, Va., July 9, 2013 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended June 1, 2013. Fiscal 2013 Second Quarter Highlights Consolidated sales of $81.2 million for the second quarter of 2013 increased 20% as compared to the second qu...
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Jul 18, 2013
BASSETT, Va., July 18, 2013 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has increased the regular quarterly dividend by 20%, declaring a dividend of $.06 per share of outstanding common stock payable on August 30, 2013 to shareholders of record at the close of business August 15, ...
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Oct 3, 2013
BASSETT, Va., Oct. 3, 2013 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended August 31, 2013. Fiscal 2013 Third Quarter Highlights Consolidated sales of $77.2 million for the third quarter of 2013 increased 20% as compared to the third qu...
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Oct 17, 2013
BASSETT, Va., Oct. 17, 2013 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a dividend of $.06 per share of outstanding common stock payable on November 29, 2013 to shareholders of record at the close of business November 15, 2013. Bassett Furniture Industries, In...
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Nov 26, 2013
BASSETT, Va., Nov. 26, 2013 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors declared a $0.20 per share special dividend payable on December 20, 2013 to shareholders of record on December 10, 2013. "We are pleased to announce this special dividend at year end," said Robert H. S...
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Nov 26, 2013
BASSETT, Va., Nov. 26, 2013 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that the Company will participate at the BB&T Capital Markets Consumer, Food & Retail Conference on Tuesday, December 3, 2013 at the Waldorf Astoria Hotel in New York City. J. Michael Daniel, Sr. Vice President and Chief Financial Office...
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Jan 16, 2014
BASSETT, Va., Jan. 16, 2014 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a dividend of $0.06 per share of outstanding common stock payable on February 28, 2014 to shareholders of record at the close of business February 14, 2014. Bassett Furniture Industries, I...
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Jan 22, 2014
BASSETT, Va., Jan. 22, 2014 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended November 30, 2013. Fiscal 2013 Fourth Quarter Highlights Consolidated sales of $83.1 million for the fourth quarter of 2013; increased 8.2% as compared to the f...
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Feb 19, 2014
BASSETT, Va., Feb. 19, 2014 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that the Company will participate at the KeyBanc Capital Markets Consumer Conference on Thursday, February 27, at the Intercontinental New York Barclay Hotel in New York City. Robert H. Spilman, Jr., President and Chief Executive Officer...
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Mar 5, 2014
BASSETT, Va., March 5, 2014 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that Robert H. Spilman, Jr, President and Chief and Executive Officer, and J. Michael Daniel, Senior Vice President and Chief Financial Officer, will present at the UBS Global Consumer Conference on Thursday, March 13, 2014 at 9:40 a.m. ...
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Mar 13, 2014
BASSETT, Va., March 13, 2014 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a dividend of $.06 per share of outstanding common stock payable on May 30, 2014 to shareholders of record at the close of business May 15, 2014. Bassett Furniture Industries, Inc. (Nasda...
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Apr 3, 2014
BASSETT, Va., April 3, 2014 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended March 1, 2014. Fiscal 2014 First Quarter Highlights Consolidated sales were $75.6 million for the first quarter of 2014 compared to $79.8 million for the first ...
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Jun 6, 2014
BASSETT, Va., June 6, 2014 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that J. Michael Daniel, Senior Vice President and Chief Financial Officer, will present at the Piper Jaffray Consumer Conference on Wednesday June 11, 2014 at the Palace Hotel in New York, NY at 3:20pm. Mr. Daniel will also be meeting wit...
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Jul 2, 2014
BASSETT, Va., July 2, 2014 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended May 31, 2014. Fiscal 2014 Second Quarter Highlights Consolidated sales were $85.2 million for the second quarter of 2014 compared to $81.2 million for the second...
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Jul 17, 2014
BASSETT, Va., July 17, 2014 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a dividend of $.08 per share of outstanding common stock payable on August 29, 2014 to shareholders of record at the close of business August 15, 2014. "We are pleased to announce a 33% in...
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Oct 2, 2014
BASSETT, Va., Oct. 2, 2014 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended August 30, 2014. Fiscal 2014 Third quarter Highlights Consolidated sales were $85.2 million for the third quarter of 2014 compared to $77.2 million for the third...
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Oct 9, 2014
BASSETT, Va., Oct. 9, 2014 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a dividend of $.08 per share of outstanding common stock payable on November 28, 2014 to shareholders of record at the close of business November 14, 2014. In addition, the Board of Directors has i...
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Nov 10, 2014
BASSETT, Va., Nov. 10, 2014 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors declared a $0.20 per share special dividend payable on December 19, 2014 to shareholders of record on December 5, 2014. "We are pleased to announce this special dividend at year end," said Robert H. S...
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Jan 15, 2015
BASSETT, Va., Jan. 15, 2015 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a dividend of $.08 per share of outstanding common stock payable on February 27, 2015 to shareholders of record at the close of business February 13, 2015. Bassett Furniture Industries, I...
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Jan 21, 2015
BASSETT, Va., Jan. 21, 2015 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. announced today its intention to acquire the remaining 51% of Zenith Freight Lines, LLC in a transaction that is expected to close early next month. Commenting on the deal, Robert H. Spilman, Jr., Bassett's President and CEO, said, "Our initial investment in ...
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Jan 22, 2015
BASSETT, Va., Jan. 22, 2015 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended November 29, 2014. Fiscal 2014 Fourth Quarter Highlights Consolidated sales were $94.7 million for the fourth quarter of 2014 compared to $83.1 million for the ...
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Mar 12, 2015
BASSETT, Va., March 12, 2015 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a dividend of $.08 per share of outstanding common stock payable on May 29, 2015 to shareholders of record at the close of business May 15, 2015. Bassett Furniture Industries, Inc. (Nasda...
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Apr 9, 2015
BASSETT, Va., April 9, 2015 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended February 28, 2015. Fiscal 2015 First Quarter Highlights Consolidated sales were $92.8 million for the first quarter of 2015 compared to $75.6 million for the fi...
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Jul 1, 2015
BASSETT, Va., July 1, 2015 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended May 30, 2015. Fiscal 2015 Second Quarter Highlights Consolidated sales were $111.6 million for the second quarter of 2015 compared to $85.2 million for the secon...
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Jul 16, 2015
BASSETT, Va., July 16, 2015 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a dividend of $.09 per share of outstanding common stock payable on August 28, 2015 to shareholders of record at the close of business August 14, 2015. This represents a 12.5% increase over the pr...
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Jul 21, 2015
BASSETT, Va., July 21, 2015 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that Ann Zaccaria has joined the organization as Vice President, Real Estate and New Store Development, reporting to Rob Spilman, President and CEO. She will be responsible for site selection, lease negotiation and store planning for new...
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Sep 10, 2015
BASSETT, Va., Sept. 10, 2015 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that J. Michael Daniel, Senior Vice President and Chief Financial Officer, will participate in the Credit Suisse 6th Annual Small and Mid Cap Conference on Wednesday, September 16, 2015 at the Waldorf Astoria in New York City. He will h...
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Oct 1, 2015
BASSETT, Va., Oct. 1, 2015 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended August 29, 2015. Fiscal 2015 Third Quarter Highlights Consolidated sales were $111.0 million for the third quarter of 2015 compared to $85.2 million for the thir...
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Oct 6, 2015
BASSETT, Va., Oct. 6, 2015 (GLOBE NEWSWIRE) -- Bassett Furniture (NASDAQ:BSET) will extend its partnership with HGTV, a division of Scripps Networks, LLC., through 2019. Building on the licensing agreement that began in 2012, Bassett will continue to feature HGTV branded custom upholstery products in HGTV HOME Design Studios in Bassett Home Furnish...
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Oct 8, 2015
BASSETT, Va., Oct. 8, 2015 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a dividend of $.09 per share of outstanding common stock payable on November 27, 2015 to shareholders of record at the close of business November 13, 2015. Bassett Furniture Industries, Inc...
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Oct 8, 2015
BASSETT, Va., Oct. 8, 2015 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a dividend of $.09 per share of outstanding common stock payable on November 27, 2015 to shareholders of record at the close of business November 13, 2015. Bassett Furniture Industries, Inc...
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Oct 15, 2015
BASSETT, Va., Oct. 15, 2015 (GLOBE NEWSWIRE) -- Bassett Furniture (NASDAQ:BSET) will be opening a new upholstery manufacturing facility in Grand Prairie, Texas, early next year. Located in Wildlife Park, the new 86,000-square-foot facility will manufacture sofas, loveseats, sectionals and chairs. In addition, a portion of the new facility will be a...
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Nov 10, 2015
BASSETT, Va., Nov. 10, 2015 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors declared a $0.20 per share special dividend payable on December 18, 2015 to shareholders of record on December 4, 2015. "We are pleased to announce this special dividend," said Robert H. Spilman Jr., P...
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Jan 15, 2016
BASSETT, Va., Jan. 15, 2016 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a dividend of $.09 per share of outstanding common stock payable on February 26, 2016 to shareholders of record at the close of business on February 12, 2016. Bassett Furniture Industries, ...
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Jan 21, 2016
BASSETT, Va., Jan. 21, 2016 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended November 28, 2015. Fiscal 2015 Fourth Quarter Highlights Consolidated sales were $115.6 million for the fourth quarter of 2015 compared to $94.7 million for the fourth quarte...
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Mar 10, 2016
BASSETT, Va., March 10, 2016 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a dividend of $0.09 per share of outstanding common stock payable on May 27, 2016 to shareholders of record at the close of business on May 13, 2016. Also, the Company announced that its Board ...
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Mar 31, 2016
BASSETT, Va., March 31, 2016 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended February 27, 2016. Fiscal 2016 First Quarter Highlights Consolidated sales were $106.9 million for the first quarter of 2016 compared to $92.8 million for the first quarter ...
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Jun 30, 2016
BASSETT, Va., June 30, 2016 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended May 28, 2016. Fiscal 2016 Second Quarter Highlights Consolidated sales were $106.7 million for the second quarter of 2016 compared to $111.6 million for the second quarter of...
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Jul 14, 2016
BASSETT, Va., July 14, 2016 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (NASDAQ:BSET) announced that on July 13, 2016, John R. Belk, former President and Chief Operating Officer of Belk, Inc., was elected a member of its Board of Directors.  The Company's Chairman and CEO, Robert H. Spilman, Jr., said, "We are pleased and excited to ha...
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Sep 29, 2016
BASSETT, Va., Sept. 29, 2016 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended August 27, 2016. Fiscal 2016 Third Quarter Highlights Consolidated sales were $104.7 million for the third quarter of 2016 compared to $111.0 million for the third quarter o...
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Oct 6, 2016
BASSETT, Va., Oct. 06, 2016 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a dividend of $0.10 per share of outstanding common stock payable on November 25, 2016 to shareholders of record at the close of business on November 11, 2016. Bassett Furniture Industrie...
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Nov 8, 2016
BASSETT, Va., Nov. 08, 2016 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors declared a $0.30 per share special dividend payable on December 16, 2016 to shareholders of record on December 2, 2016. "We are pleased to announce this $0.30 special dividend at the end of our fiscal y...
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Jan 12, 2017
BASSETT, Va., Jan. 12, 2017 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a dividend of $0.10 per share of outstanding common stock payable on February 24, 2017 to shareholders of record at the close of business on February 10, 2017. Bassett Furniture Industries,...
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Jan 19, 2017
BASSETT, Va., Jan. 19, 2017 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended November 26, 2016. Fiscal 2016 Fourth Quarter Highlights Consolidated sales were $113.8 million for the fourth quarter of 2016 compared to $115.6 million for the fourth quart...
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Feb 17, 2017
BASSETT, Va., Feb. 17, 2017 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (NASDAQ:BSET), a leading manufacturer and marketer of high quality, mid-priced home furnishings, today announced the opening of its new Bassett Home Furnishings store located in Garden City, N.Y., in Nassau County.  Bassett currently has 90 store locations across t...
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Mar 9, 2017
BASSETT, Va., March 09, 2017 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today that its Board of Directors has declared a dividend of $0.10 per share of outstanding common stock payable on May 26, 2017 to shareholders of record at the close of business on May 12, 2017. Bassett Furniture Industries, Inc. (NA...
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Mar 10, 2017
BASSETT, Va., March 10, 2017 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (NASDAQ:BSET), a leading manufacturer and marketer of high quality, mid-priced home furnishings, today announced the opening of its new Bassett Home Furnishings store located in the historical Helms Bakery District of Los Angeles County, Calif. Bassett currently h...
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Mar 30, 2017
BASSETT, Va., March 30, 2017 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended February 25, 2017. Fiscal 2017 First Quarter Highlights Consolidated sales were $105.9 million for the first quarter of 2017 compared to $106.9 million for the first quarter...
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Apr 22, 2017
BASSETT, Va., April 22, 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 at the intersection of West DeKalb Pike and Forge Road across the street from the King of Prussia Mal...
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Jun 29, 2017
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 compared to $106.7 million for the second quarter of...
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Jul 13, 2017
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 August 11, 2017.  This represents a 10% increase over t...
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Jul 19, 2017
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 Cohenour, senior vice president of sales and merchandisin...
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Sep 16, 2017
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.  Bassett currently has 91 store locations across the Un...
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Sep 28, 2017
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 compared to $104.7 million for the third quarter o...
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Oct 2, 2017
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 city in the Kansas City metropolitan area. New lic...
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Oct 4, 2017
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 hurricane damage. The organizations include:...
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Oct 5, 2017
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 November 10, 2017. Bassett Furniture Industries,...
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Nov 7, 2017
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 business on December 1, 2017. "We are pleased to ann...
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