Tag Archives: Robert Spilman

Bassett Sales Gains for Q4, Fiscal Year

Bassett

BASSETT, Va.-Bassett Furniture Industries posted net sales increases of 8.1 percent for its fourth quarter ending on Nov. 30, and 19.1 percent for its 2013 fiscal year. Fourth-quarter net sales tallied $83.1 million, bringing the fiscal-year total to $321.3 million. Net income for the quarter was $1.6 million, down 90.5 percent, and for the yearMore »

Last updated: January 22, 2014

Bassett Q2 Net Totals $2 Million

Bassett

BASSETT, Va.-Bassett Furniture Industries posted net income of $2 million for its fiscal second quarter ending on June 1. The net total was down 75.7 percent from last year’s second quarter, which included $9 million of income relating to the cash distribution from the Continued Dumping and Subsidy Offset Act, which involved the company’s supportMore »

Last updated: July 9, 2013