Brief: Bassett Announces Fiscal Second Quarter Results

Bassett Furniture Industries

09/07/2020 14:21

July 9 (Reuters) - Bassett Furniture Industries Inc
 BSET.O :
    * BASSETT ANNOUNCES FISCAL SECOND QUARTER RESULTS
    * Q2 LOSS PER SHARE $2.04
    * BASSETT FURNITURE INDUSTRIES  - QTRLY CONSOLIDATED SALES
$63.8
MILLION VERSUS $108.2 MILLION
    * REDUCED COST STRUCTURE TO ALIGN WITH EXPECTED LOWER LEVELS
OF
REVENUE
    * BASSETT FURNITURE INDUSTRIES - GOAL TO RETURN BASSETT TO
PROFITABILITY IN 2021

Source text for Eikon:  ID:nGNX7WWgBs 
Further company coverage:  BSET.O 

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