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Bassett Furniture reports solid sales gains for Q4, full year
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Bassett Furniture reports solid sales gains for Q4, full year
Cost-cutting measures have helped the company weather economic challenges and maintain profitability BASSETT, Va. — Bassett Furniture reported increases in sales for the fourth quarter and full year ended Nov. 29, while also remaining profitable for both periods. Revenues for the fourth quarter totaled $88.7 million, up 5.1% from $84.3 million the same period a year earlier. Net income totaled $1.5 million, or 18 cents per share compared with …
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