bassett furniture

Woodworking Industry News

Bassett Furniture reports $1.7 million Q1 loss

BASSETT, VA - Bassett Furniture Industries Inc. reported a net loss of $1.7 million for the first quarter ended Feb. 27, compared to Q1 of 2009. Sales were $52.9 million for the quarter as compared to $57.8 million for the quarter ended Feb. 28, 2009, a decrease of 8.5%.