Company News

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

Bassett Announces Third Quarter 2006 Earnings 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

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.

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.

Summer Vacation Surprise for Local Teacher -- $20k Home Theater Prize from Bassett 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