BSET Bassett Furniture Industries Inc.

Bassett Announces Regular Quarterly Dividend

Bassett Announces Regular Quarterly Dividend

BASSETT, Va., July 17, 2025 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has declared a regular quarterly dividend of $0.20 per share of common stock, payable on August 29, 2025, to shareholders of record at the close of business on August 15, 2025.

About Bassett Furniture Industries, Inc.

Bassett Furniture Industries, Inc. (NASDAQ:BSET), is a leading manufacturer and marketer of high quality home furnishings. With 87 company- and licensee-owned stores at the time of this release, Bassett has leveraged its strong brand name in furniture into a network of corporate and licensed stores that focus on providing consumers with a friendly environment for buying furniture and accessories. Bassett’s retail strategy includes stylish, custom-built furniture that features the latest on-trend furniture styles, free in-home design visits, and coordinated decorating accessories. Bassett also has a traditional wholesale business with more than 700 accounts on the open market, across the United States.  For more information, visit the Company’s website at bassettfurniture.com. (BSET-E)

J. Michael Daniel, Senior Vice President - Chief Financial & Administrative Officer

(276) 629-6614 – Investors

Peter D. Morrison, Vice President of Communications

(276) 629-6387 – Media



EN
17/07/2025

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Reports on Bassett Furniture Industries Inc.

 PRESS RELEASE

Bassett Announces Regular Quarterly Dividend

Bassett Announces Regular Quarterly Dividend BASSETT, Va., July 17, 2025 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has declared a regular quarterly dividend of $0.20 per share of common stock, payable on August 29, 2025, to shareholders of record at the close of business on August 15, 2025. About Bassett Furniture Industries, Inc. Bassett Furniture Industries, Inc. (NASDAQ:BSET), is a leading manufacturer and marketer of high quality home furnishings. With 87 company- and licensee-owned stores at the time of thi...

 PRESS RELEASE

Bassett Reports Fiscal Second Quarter Results

Bassett Reports Fiscal Second Quarter Results BASSETT, Va., July 09, 2025 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) reported today its results of operations for its second quarter ended May 31, 2025. Q2 Consolidated Business Highlights: [FY 25 vs. FY 24, unless otherwise specified] Revenues increased 1.1% from the prior year quarter. Excluding sales from Noa Home Inc. which closed in late 2024, consolidated revenues increased 2.5%.Operating income was $2.5 million or 3.0% of sales as compared to a loss of $(8.5) million for the prior year quarter ...

 PRESS RELEASE

Bassett Announces Second Quarter Conference Call

Bassett Announces Second Quarter Conference Call BASSETT, Va., June 26, 2025 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) today announced it will host a conference call with management on Thursday, July 10, 2025, at 9:00 a.m. ET to discuss its second quarter 2025 financial results. The Company will issue its earnings release after the market closes on Wednesday, July 9, 2025. Chairman and CEO Rob Spilman will host the call, along with CFO Mike Daniel. The public is invited to listen to the conference call by webcast, accessible through the Company’s investor rel...

 PRESS RELEASE

Bassett Reports Fiscal First Quarter Results

Bassett Reports Fiscal First Quarter Results BASSETT, Va., April 02, 2025 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) reported today its results of operations for its first quarter ended March 1, 2025. The first quarter for the Company’s Fiscal Year 25 had 13 weeks as compared to 14 weeks in Fiscal Year 24. Q1 Consolidated Business Highlights: [FY 25 vs. FY 24, unless otherwise specified] Revenues decreased 5.1% from the prior year quarter, which contained an additional week. Normalizing the first fiscal quarter of 2024 to adjust for the additional ...

 PRESS RELEASE

UPDATE – Bassett Announces First Quarter Conference Call

UPDATE – Bassett Announces First Quarter Conference Call BASSETT, Va., March 24, 2025 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) today announced it will host a conference call with management on Thursday, April 3, 2025, at 9:00 a.m. ET to discuss its first quarter 2025 financial results. The Company will issue its earnings release after the market closes on Wednesday, April 2, 2025. Chairman and CEO Rob Spilman will host the call, along with CFO Mike Daniel. The public is invited to listen to the conference call by webcast, accessible through the Company’s inve...

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