Bassett Furniture News Release
Bassett Furniture Industries, Incorporated (BSET)
Last bassett furniture industries, incorporated earnings: 4/2 09:00 am
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US:NASDAQ Investor Relations:
investors.bassettfurniture.com/investor-relations
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Source: GlobeNewswire
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 are open to customers by appointment only. The Company expects to reopen 19 more stores by the week of May 18, 2020. The remaining four stores, which are located in Maryland and New Jersey, will not reopen until state and local authorities permit. Due to the level of disruption in the home furnishings industry, coupled with the uncertainty both of the pace at which the U.S. economy will recover and the level to which it will recover, Bassett also announced the following: A 25% permanent reduction in workforce, representing approximately 600 employees, throughout the retail, wholesale and logistics operations;That 42% of the remaining workforce will remain on furlough through at least May 31, 2020 with the Company paying for health
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News
- Does Bassett Furniture Industries, Incorporated (BSET) Have a Compelling Risk/Reward Opportunity? [Yahoo! Finance]Yahoo! Finance
- Bassett Furniture Industries, Incorporated (NASDAQ: BSET) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Bassett (BSET) Q1 Earnings & Sales Lag Estimates, Down Y/Y [Yahoo! Finance]Yahoo! Finance
- Bassett Furniture: Great Brand, Lousy Investment [Seeking Alpha]Seeking Alpha
- Bassett Announces Fiscal First Quarter Results [Yahoo! Finance]Yahoo! Finance
BSET
Earnings
- 4/3/24 - Miss
BSET
Sec Filings
- 4/5/24 - Form 4
- 4/3/24 - Form 10-Q
- 4/3/24 - Form 8-K
- BSET's page on the SEC website