BASSETT, Va. (AP) — BASSETT, Va. (AP) — Bassett Furniture Industries Inc. (BSET) on Thursday reported fiscal first-quarter profit of $1.4 million.
The Bassett, Virginia-based company said it had net income of 16 cents per share.
The furniture seller posted revenue of $107.7 million in the period.
Bassett shares have increased nearly 9% since the beginning of the year. The stock has risen 8% in the last 12 months.
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