Bassett 4Q sales down 1 %

Thomas, Larry
February 2008
Furniture/Today;2/4/2008, Vol. 32 Issue 22, p42
Trade Publication
The article reports on the statement given by Bassett Furniture Industries Inc. that its fourth-quarter sales declined 1% from a year earlier to $76 million and the company recorded a net loss of $4 million. Intricately, the loss, which was attributed to soft retail business conditions, would have been wider had it not been for $2.1 million the company received from antidumping duties collected from Chinese bedroom furniture producers.


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