Bassett posts 2Q loss; sales drop 20.1%

Article Abstract:

Bassett Furniture Industries posted a decline of 20.1% in its sales for the 2001 second-quarter. The company osted $73.8 million in sales for the period. Bassett also posted a $538,000 loss for the period.

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Bassett sales off for qtr., yr

Article Abstract:

Bassett Furniture Industries posted a loss of $3.1 million for the 2000 fourth-quarter. However, the company did post a $4.1 million gain after adjusting its sales for restructuring and one-time charges.

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Bassett predicts sales decline

Article Abstract:

Bassett Furniture Industries forecasted a drop in its sales for the 2001 second-quarter. The company expects 15% to 18% fall in quarterly sales.

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