Bassett Furniture Inds. reported fiscal 2016 second-quarter sales of $106.7 million, a decrease of 4.4% compared with the prior-year period.
Company-owned store sales were $61.9 million for the second quarter
of 2016 compared with $63.9 million for the prior-year quarter, a
decrease of 3.1%. This included a comparable store sales decrease of
3.6%, compared with the prior year quarter, with the 12 Texas stores
accounting for more than 70% of the decrease.. . . more