Bassett Furniture Industries, Inc. (BSET) reported net income for the fourth quarter of $0.6 million or $0.06 per share, compared to $1.9 million or $0.17 per share for the year-ago quarter.
Net sales for the fourth quarter fell 4% to $63.27 million from $65.99 million a year earlier.
The company also said that its Board of Directors has declared a regular quarterly dividend of $0.05 per share, payable on March 1 to shareholders of record on February 15.. This represents an increase of $0.015 over the regular dividend paid on December 1, 2011.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.