Bassett Furniture Industries 8-K Report: Key Insights from January 16, 2025

Based on the provided XML section of the financial report, here are the key insights extracted:

1. Entity Information:

• Company Name: Bassett Furniture Industries, Incorporated
• CIK (Central Index Key): 0000010329
• NASDAQ Ticker Symbol: BSET
• Company Location: 3525 Fairystone Park Highway, Bassett, VA 24055
• Phone Number: 276-629-6000

2. Filing Details:

• Filing Type: 8-K (a report of unscheduled material events or corporate changes)
• Filing Date: January 16, 2025

3. Identifiers:

• SEC File Number: 000-00209
• EIN (Employer Identification Number): 54-0135270

4. Period of Reporting:

• The reporting period is for a single day: January 16, 2025, indicating that this 8-K filing likely pertains to an event or decision that occurred on that date.

5. Stock Information:

• The company’s common stock is listed on NASDAQ under the ticker symbol BSET.

Insights:

• The filing is an 8-K, which typically means there is significant news or events that investors should be aware of. This can include changes in executive leadership, acquisitions, financial results, or other material changes.
• The focus on a single-day reporting period suggests a specific and potentially impactful event took place on January 16, 2025.
• Investors and analysts should review the details of the 8-K filing for specifics on what event triggered this filing to understand its implications on the company’s financial health or strategic direction.