Company News

Company News

Date Title and Summary Additional Formats
Toggle Summary Bassett Announces Purchase of Noa Home Inc.
BASSETT, Va. , Sept. 06, 2022 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (NASDAQ: BSET ) announced today that it has acquired the capital stock of Noa Home Inc. (“Noa”), a mid-priced e-commerce furniture retailer headquartered in Montreal, Canada .
View HTML
Toggle Summary Bassett Increases Regular Quarterly Dividend by 14%
BASSETT, Va. , July 14, 2022 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET ) announced today that its Board of Directors has increased the quarterly dividend by 14%, declaring a regular quarterly dividend of $0.16 per share of common stock, payable on August 26, 2022 , to
View HTML
Toggle Summary Bassett Announces Fiscal Second Quarter Results
BASSETT, Va. , June 30, 2022 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET ) announced today its results of operations for its second quarter ended May 28, 2022 . Fiscal 2022 Second Quarter Highlights of Continuing Operations (Dollars in millions)   Sales   Operating Income  
View HTML
Toggle Summary Bassett Announces Fiscal First Quarter Results
BASSETT, Va. , March 31, 2022 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET ) announced today its results of operations for its first quarter ended February 26, 2022 . Fiscal 2022 First Quarter Highlights of Continuing Operations (Dollars in millions)   Sales   Operating
View HTML
Toggle Summary Bassett Declaration of Special Dividend, Regular Dividend and an Increase in Share Repurchase Authorization
BASSETT, Va. , March 11, 2022 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET ) announced today that its Board of Directors has: Declared a special dividend of $1.50 per share of common stock payable on April 6, 2022 , to shareholders of record at the close of business on March
View HTML
Toggle Summary Bassett Finalizes the Sale of Zenith Assets to J.B. Hunt Transport
BASSETT, Va. , March 01, 2022 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (NASDAQ: BSET ) announced today that it has completed the sale of substantially all of the assets of Zenith Freight Lines, LLC , a wholly-owned subsidiary of Bassett , to a wholly-owned subsidiary of J.B.
View HTML
Toggle Summary Bassett Announces Fiscal Fourth Quarter Results and Discusses Sale of Zenith Assets
BASSETT, Va. , Jan. 31, 2022 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET ) announced today its results of operations for its fourth quarter ended November 27, 2021 and discusses the previously announced sale of the assets of Zenith Freight Lines, LLC for $87 million in
View HTML
Toggle Summary Bassett Regular Quarterly Dividend
BASSETT, Va. , Jan. 14, 2022 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET ) announced today that its Board of Directors has declared a regular quarterly dividend of $0.14 per share of common stock, payable on February 25, 2022 , to shareholders of record at the close of
View HTML
Toggle Summary Bassett Regular Quarterly Dividend
BASSETT, Va. , Oct. 07, 2021 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET ) announced today that its Board of Directors has declared a regular quarterly dividend of $0.14 per share of common stock, payable on November 26, 2021 to shareholders of record at the close of
View HTML
Toggle Summary Bassett Announces Fiscal Third Quarter Results
BASSETT, Va. , Sept. 30, 2021 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET ) announced today its results of operations for its third quarter ended August 28, 2021 . Fiscal 2021 Third Quarter Highlights (Dollars in millions)   Sales   Operating Income (Loss)   3rd Qtr  
View HTML