Company News

BASSETT, Va. , Dec. 04, 2020 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET ) announced today that its Board of Directors has declared a special dividend of $0.25 per share of common stock, payable on December 22, 2020 to shareholders of record at the close of business on

BASSETT, Va. , Oct. 12, 2020 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (BSET) announced that on October 7, 2020 , Emma S. Battle was elected a member of its Board of Directors. “We welcome Emma Battle to the Bassett Board of Directors,” said Rob Spilman , Chairman and CEO.

BASSETT, Va. , Oct. 08, 2020 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has declared a regular quarterly dividend of $0.125 per share of common stock, payable on November 27, 2020 to shareholders of record at the close of

BASSETT, Va. , Oct. 01, 2020 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today its results of operations for its third quarter ended August 29, 2020 . Fiscal 2020 Third Quarter Highlights (Dollars in millions)     Sales   Operating Income (Loss)     3rd Qtr  

BASSETT, Va. , July 17, 2020 (GLOBE NEWSWIRE) -- Over the past 30 months, Bassett Furniture Industries, Inc. (NASDAQ-BSET) has made a significant commitment to the vibrant outdoor furniture category.  With annual growth rates expected to be 4% to 5% compounded annually through 2023, the outdoor

BASSETT, Va. , July 16, 2020 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has declared a regular quarterly dividend of $0.08 per share of common stock, representing a 36% reduction due to the uncertainties around the COVID-19

BASSETT, Va. , July 09, 2020 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:  BSET) announced today its results of operations for its second quarter ended May 30, 2020 . Fiscal 2020 Second Quarter Highlights (Dollars in millions)   Sales   Operating Income (Loss)   2nd Qtr   Dollar

Retail Update and Company Restructuring Activities BASSETT, Va. , May 11, 2020 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:  BSET) announced that it has continued reopening its stores, bringing the total reopened for business to 43 of its 66 corporate-owned stores, six of which

Manufacturing and Retail Update BASSETT, Va. , April 24, 2020 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:  BSET) announced today that it will resume production at its manufacturing locations next week following the temporary closures due to the COVID-19 pandemic.  The Company is

BASSETT, Va. , April 02, 2020 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:  BSET) announced today its results of operations for its fiscal quarter ending February 29, 2020 . Fiscal 2020 First Quarter Highlights (Dollars in millions)   Sales   Operating Income (Loss)   1st Qtr