0001437749-23-027745.txt : 20231005 0001437749-23-027745.hdr.sgml : 20231005 20231005094001 ACCESSION NUMBER: 0001437749-23-027745 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20231005 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20231005 DATE AS OF CHANGE: 20231005 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BASSETT FURNITURE INDUSTRIES INC CENTRAL INDEX KEY: 0000010329 STANDARD INDUSTRIAL CLASSIFICATION: WOOD HOUSEHOLD FURNITURE, (NO UPHOLSTERED) [2511] IRS NUMBER: 540135270 STATE OF INCORPORATION: VA FISCAL YEAR END: 1125 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-00209 FILM NUMBER: 231309977 BUSINESS ADDRESS: STREET 1: PO BOX 626 CITY: BASSETT STATE: VA ZIP: 24055 BUSINESS PHONE: 5406296209 MAIL ADDRESS: STREET 1: MAIN ST STREET 2: P O BOX 626 CITY: BASSETT STATE: VA ZIP: 24055 8-K 1 bset20231005_8k.htm FORM 8-K bset20231005_8k.htm
false 0000010329 0000010329 2023-10-05 2023-10-05
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
 
FORM 8-K 
 
 
CURRENT REPORT
 
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 
Date of Report (Date of earliest event reported) October 5, 2023
 
 
BASSETT FURNITURE INDUSTRIES, INCORPORATED
(Exact name of registrant as specified in its charter)
 
 
Virginia
  
000-00209
  
54-0135270
(State or other jurisdiction of
incorporation or organization)
  
(Commission File No.)
  
(I.R.S. Employer
Identification No.)
 
3525 Fairystone Park Highway
Bassett, Virginia
  
24055
(Address of principal executive offices)
  
(Zip Code)
 
Registrant’s telephone number, including area code (276) 629-6000
 
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
 
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
  
Trading Symbol
  
Name of exchange on which registered
Common Stock ($5.00 par value)
  
BSET
  
NASDAQ
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
 
Emerging growth company ☐
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 
 
 
 
 
Item 8.01
Other Events
 
On October 5, 2023, Bassett Furniture Industries issued a news release relating to the declaration of a quarterly dividend of $0.18 per share of common stock payable on November 24, 2023, to shareholders of record at the close of business on November 10, 2023. A copy of the news release is attached to the report as Exhibit 99.
 
Item 9.01. Financial Statements and Exhibits.
 
(d) Exhibits
 
99
 
104
Cover Page Interactive Data File (embedded within the inline XBRL document)
 
 
 
 
Signatures
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
October 5, 2023 
By:
/s/ J. Michael Daniel
 
 
J. Michael Daniel
 
  Title:  Senior Vice President – Chief Financial & Administrative Officer  
                                  
 
 
 EX-99 2 ex_576910.htm EXHIBIT 99 ex_576910.htm

 

Exhibit 99

 

 

a01.jpg

 

Bassett Furniture Industries, Inc.  J. Michael Daniel, Senior Vice
P.O. Box 626 President and Chief Financial Officer
Bassett, VA 24055 (276) 629-6614 - Investors
   
  Peter D. Morrison, Vice President of Communications
For Immediate Release (276) 629-6387 – Media

      

 

 

            

Bassett Furniture News Release

 

Bassett Announces Regular Fourth Quarter Dividend

 

(Bassett, Va.) – October 5, 2023–Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has declared a regular quarterly dividend of $0.18 per share of common stock, payable on November 24, 2023, to shareholders of record at the close of business on November 10, 2023.

 

About Bassett Furniture Industries, Inc.

Bassett Furniture Industries, Inc. (NASDAQ:BSET), is a leading manufacturer and marketer of high quality home furnishings. With 89 company- and licensee-owned stores at the time of this release, Bassett has leveraged its strong brand name in furniture into a network of corporate and licensed stores that focus on providing consumers with a friendly environment for buying furniture and accessories. Bassett’s retail strategy includes stylish, custom-built furniture that features the latest on-trend furniture styles, free in-home design visits, and coordinated decorating accessories. Bassett also has a traditional wholesale business with more than 700 accounts on the open market, across the United States. For more information, visit the Company’s website at bassettfurniture.com. (BSET-E)

 

###

 

 

 
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Document And Entity Information
Oct. 05, 2023
Document Information [Line Items]  
Entity, Registrant Name BASSETT FURNITURE INDUSTRIES, INCORPORATED
Document, Type 8-K
Document, Period End Date Oct. 05, 2023
Entity, Incorporation, State or Country Code VA
Entity, File Number 000-00209
Entity, Tax Identification Number 54-0135270
Entity, Address, Address Line One 3525 Fairystone Park Highway
Entity, Address, City or Town Bassett
Entity, Address, State or Province VA
Entity, Address, Postal Zip Code 24055
City Area Code 276
Local Phone Number 629-6000
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock
Trading Symbol BSET
Security Exchange Name NASDAQ
Entity, Emerging Growth Company false
Amendment Flag false
Entity, Central Index Key 0000010329
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