Bassett: Fiscal 1Q Earnings Snapshot

BASSETT, Va. (AP) _ Bassett Furniture Industries Inc. (BSET) on Thursday reported fiscal first-quarter earnings of $1.2 million.

The Bassett, Virginia-based company said it had profit of 12 cents per share.

The furniture seller posted revenue of $112.1 million in the period.

The company’s shares closed at $4.35. A year ago, they were trading at $16.96.

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