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Bassett Furniture Industries Inc. (BSET) is in the Manufacturing Industry

Revenue
Nov 24 2007
$295.3M
Profit
Nov 24 2007
($9.9M)
Market Cap
Sep 04 2008
$118.0M

Latest News and Analysis

  • Costa Brava Believes That Bassett's Plan Will Decrease Shareholder Value

    Today, Costa Brava Partnership III L.P. releasedthe following letter to the shareholders of Bassett Furniture Industries,Inc. (NASDAQ: BSET): April 1, 2008 Dear Fellow Shareholder: Costa Brava Partnership III L.P. is one of the largest holders of theoutstanding common stock of Bassett Furniture Industries, Inc. (the"Company" or "Bassett"). We have...

    Articles 2008-04-01

  • How to Vote Today for Costa Brava's Slate of Nominees

    Today, Costa Brava Partnership III L.P.announced the following voting instructions to the shareholders of BassettFurniture Industries, Inc. (NASDAQ: BSET): If you have any questions regarding your proxy or need assistance ...

    Articles 2008-04-01

  • Bassett Furniture Industries Inc

    Bassett Furniture Industries Inc. of Bassett, VA, reported a net toss of $2.4 million for the second quarter of 2007. Sates were $75.4 million, down 14% from the $87.7 million sold in the second quarter of 2006. The company attributed the shortfall primarily to continued soft furniture retail conditions...

    Articles 2007-08-01

  • Bassett Announces First Quarter 2007 Results

    BASSETT, Va. -- 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....

    Articles 2007-04-02

  • LTON, TMP, ORBK, HKF, BSET, RYAAY Are Crossing Above Their SqueezeTrigger.com Prices Right Now.

    M2 PRESSWIRE-6 March 2007-BUYINS.NET: LTON, TMP, ORBK, HKF, BSET, RYAAY Are Crossing Above Their SqueezeTrigger.com Prices Right Now.C1994-2007 M2 COMMUNICATIONS LTD RDATE:06032007 BUYINS.NET, www.squeezetrigger.com is monitoring LINKTONE LTD. (NYSE:LTON), TompkinsTrustco Inc (AMEX:TMP), Orbotech Ltd. - Ordinary Shares (NASDAQ:ORBK), Hancock Fabrics...

    Articles 2007-03-06

  • Bassett Furniture Announces Plant Closing and Lower First Quarter Sales and Earnings

    BASSETT, Va. -- 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...

    Articles 2007-03-05

  • BEXP, ACPW, BSET Are Crossing Above Their SqueezeTrigger.com Prices Right Now.

    M2 PRESSWIRE-21 February 2007-BUYINS.NET: BEXP, ACPW, BSET Are Crossing Above Their SqueezeTrigger.com Prices Right Now.C1994-2007 M2 COMMUNICATIONS LTD RDATE:21022007 BUYINS.NET, www.squeezetrigger.com is monitoring Brigham Exploration Co (NASDAQ:BEXP), Active Power Inc (NASDAQ:ACPW), Bassett Furniture Industries Inc (NASDAQ:BSET) in real time and...

    Articles 2007-02-21

  • CRI, WINA, BSET, ECPG, GPTX Are Crossing Above Their SqueezeTrigger.com Prices Right Now.

    M2 PRESSWIRE-16 February 2007-BUYINS.NET: CRI, WINA, BSET, ECPG, GPTX Are Crossing Above Their SqueezeTrigger.com Prices Right Now.C1994-2007 M2 COMMUNICATIONS LTD RDATE:16022007 BUYINS.NET, www.squeezetrigger.com is monitoring Carter's Inc (NYSE:CRI), Winmark Corporation - Common Stock (NASDAQ:WINA), Bassett Furniture Industries Inc (NASDAQ:BSET), Encore...

    Articles 2007-02-16

  • SHBI, SLTC, ACEC, BSET, FDT Are Crossing Above Their SqueezeTrigger.com Prices Right Now.

    M2 PRESSWIRE-12 February 2007-BUYINS.NET: SHBI, SLTC, ACEC, BSET, FDT Are Crossing Above Their SqueezeTrigger.com Prices Right Now.C1994-2007 M2 COMMUNICATIONS LTD RDATE:12022007 BUYINS.NET, www.squeezetrigger.com is monitoring Shore Bancshares Inc (NASDAQ:SHBI), Selectica Inc (NASDAQ:SLTC), ACE*COMM CORP (NASDAQ:ACEC), Bassett Furniture Industries Inc (NASDAQ:BSET),...

    Articles 2007-02-12

  • SLTC, BSET, UTEK, TRIS Are Crossing Above Their SqueezeTrigger.com Prices Right Now.

    M2 PRESSWIRE-6 February 2007-BUYINS.NET: SLTC, BSET, UTEK, TRIS Are Crossing Above Their SqueezeTrigger.com Prices Right Now.C1994-2007 M2 COMMUNICATIONS LTD RDATE:06022007 BUYINS.NET, www.squeezetrigger.com is monitoring Selectica Inc (NASDAQ:SLTC), Bassett Furniture Industries Inc (NASDAQ:BSET), Ultratech, Inc. - Common Stock (NASDAQ:UTEK), Tri-S Security...

    Articles 2007-02-06

  • Bassett Announces Fourth Quarter and Fiscal 2006 Earnings

    BASSETT, Va. -- 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...

    Articles 2007-01-19

  • MCEL, ANLY, MLS, BSET, DYNT, HTRN Are Crossing Above Their SqueezeTrigger.com Prices Right Now.

    M2 PRESSWIRE-16 January 2007-BUYINS.NET: MCEL, ANLY, MLS, BSET, DYNT, HTRN Are Crossing Above Their SqueezeTrigger.com Prices Right Now.C1994-2007 M2 COMMUNICATIONS LTD RDATE:16012007 BUYINS.NET, www.squeezetrigger.com is monitoring MILLENNIUM CELL I (NASDAQ:MCEL), Analysts International Corp (NASDAQ:ANLY), Mills Corp (NYSE:MLS), Bassett Furniture Industries...

    Articles 2007-01-16

  • RCS, BHIP, BSET, CMRO, LXBK Are Crossing Above Their SqueezeTrigger.com Prices Right Now.

    M2 PRESSWIRE-10 January 2007-BUYINS.NET: RCS, BHIP, BSET, CMRO, LXBK Are Crossing Above Their SqueezeTrigger.com Prices Right Now.C1994-2007 M2 COMMUNICATIONS LTD RDATE:10012007 BUYINS.NET, www.squeezetrigger.com is monitoring Pimco Strat Glbl Govt (NYSE:RCS), NATURAL HEALTH TR (NASDAQ:BHIP), Bassett Furniture Industries Inc (NASDAQ:BSET), Comarco...

    Articles 2007-01-10

  • Bassett Announces Restatement of Financial Statements

    BASSETT, Va. -- 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...

    Articles 2006-12-21

  • New furniture.(Whispers)

    Did you know that Westside Design Co. no longer owns Bassett Furniture Direct on Markham Street? Bassett Furniture Industries Inc. of Bassett, Va., bought the store around August, and store employees are mum on the reasons for the sale. But court records...

    Articles 2006-12-11

  • Bassett Announces Third Quarter 2006 Earnings

    BASSETT, Va. -- 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...

    Articles 2006-09-26

  • Bassett Furniture Announces First Ever Catalog; 1.2 Million Consumers Nationwide Receive Debut Printing

    BASSETT, Va. -- 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, marketing,...

    Articles 2006-08-31

  • Bassett Announces Lower Third Quarter Sales Levels

    BASSETT, Va. -- 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,...

    Articles 2006-08-31

  • Profiling 441 Companies for Kitchen Cabinets Including Many Key and Niche Players Worldwide

    DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c40733) has announced the addition of Kitchen Cabinets - Global Strategic Business Report to their offering. This report analyzes the worldwide markets for Kitchen Cabinets in US$ Million. The report provides separate comprehensive analytics for the US, Canada, Japan,...

    Articles 2006-08-16

  • Bassett Announces Key Appointment to Lead Brand and Store Strategy; Jason Camp Joins Bassett Furniture as Senior Vice President of Retail

    BASSETT, Va. -- 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...

    Articles 2006-08-02

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  • Incorporated: 1930
  • CEO: Mr. Robert H. Spilman Jr.

Bassett Furniture Industries is engaged as a manufacturer, retailer and marketer of branded home furnishings. Co.'s products are sold through Bassett Furniture Direct® stores, with secondary distribution through Bassett Design Centers and other multi-line furniture stores. Bassettbaby® cribs and casegoods are sold through stores and mass merchants. Co.'s service includes complimentary room planning, in-home design visits, fast delivery, and custom-order furniture. As of Nov 24 2007, Co. had 130 stores in its retail network; 32 Co.-owned stores that comprise its retail segment and 98 owned and operated by independent third party licensees.

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Bassett Furniture Industries Inc. Company Info

Board of Directors

Mr. Paul Fulton

Chairman

Dr. Peter W. Brown M.D.

Mr. Howard H. Haworth

Mr. George W. Henderson III

Ms. Kristina Herbig

Mr. Dale C. Pond

Mr. Robert H. Spilman Jr.

Mr. William C. Wampler Jr.

Mr. William C. Warden Jr.

Contact Information

3525 Fairystone Park Highway

Bassett, VA

http://www.bassettfurniture.com

276 629-6000

NAICS Code

Nonupholstered Wood Household Furniture Manufacturing: 337122
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