Company News

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

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

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

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.

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

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, 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

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.

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

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