Bassett Furniture Industries, Inc. Stock News

Bassett Furniture reported weak Q3 results due to a cybersecurity incident and persisting weak industry conditions, but I believe that the factors behind the earnings make the weak Q3 understandable. The company is undergoing a restructuring plan to improve earnings by $5.5-6.5 million and looks to cut production and streamline operations by the end of Q4. The BSET stock comes with a good margi...

Bassett Furniture Industries, Incorporated (NASDAQ:BSET ) Q3 2024 Earnings Conference Call October 10, 2024 9:00 AM ET Company Participants Mike Daniel - Chief Financial Officer Rob Spilman - Chairman and Chief Executive Officer Conference Call Participants Anthony Lebiedzinski - Sidoti & Company Brian Gordon - Water Tower Research Operator Good day and thank you for standing by. Welcome to Bas...

BASSETT, Va., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) reported today its results of operations for its third quarter ended August 31, 2024. In addition, the Company's Board of Directors declared a regular quarterly dividend of $0.20 per share of common stock, payable on Nov. 29, 2024, to shareholders of record at the close of business on Nov. 15, 2024...

BASSETT, Va., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today it will host a conference call with management on Thursday, October 10, 2024, at 9:00 a.m. ET to discuss its third quarter 2024 financial results. The Company will issue its earnings release after the market closes on Wednesday, October 9, 2024. Chairman and Chief Executive Officer...

Bassett Furniture Industries, Incorporated (NASDAQ:BSET ) Q2 2024 Earnings Conference Call July 11, 2024 9:00 AM ET Company Participants Mike Daniel - Chief Financial Officer Rob Spilman, Jr. - Chairman & Chief Executive Officer Conference Call Participants Anthony Lebiedzinski - Sidoti Budd Bugatch - Water Tower Research Operator Hello, and thank you for standing by, and welcome to Bassett Fur...

SILICON SLOPES, Utah--(BUSINESS WIRE)--Today, Domo (Nasdaq: DOMO) announced that Bassett Furniture Industries, Inc. (Nasdaq: BSET) integrates Domo throughout its operations – from corporate headquarters to retail stores and its distribution team – to power data-driven decisions. Bassett Furniture started working with Domo in 2020 and now uses real-time data to engage retailers, select the right...

BASSETT, Va., July 10, 2024 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) reported today its results of operations for its second quarter ended June 1, 2024. The Company also announced a restructuring plan designed to improve long-term operational and financial performance.

BASSETT, Va., July 09, 2024 (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 30, 2024, to shareholders of record at the close of business on August 16, 2024 which represents an 11% increase over the prior quarterly dividend.