BASSETT, Va. (AP) — BASSETT, Va. (AP) — Bassett Furniture Industries Inc. (BSET) on Thursday reported a fiscal third-quarter loss of $2.6 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Bassett, Virginia-based company said it had a loss of 30 cents.
The furniture seller posted revenue of $87.2 million in the period.
Bassett shares have dropped 19% since the beginning of the year. The stock has decreased 13% in the last 12 months.