BASSETT, Va. (AP) — BASSETT, Va. (AP) — Bassett Furniture Industries Inc. (BSET) on Wednesday reported a loss of $4.5 million in its fiscal third quarter.
The Bassett, Virginia-based company said it had a loss of 52 cents per share.
The furniture seller posted revenue of $75.6 million in the period.
Bassett shares have decreased 11% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $14.70, a drop of 1.5% in the last 12 months.
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