UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) February 2, 2009
BASSETT FURNITURE INDUSTRIES, INCORPORATED
(Exact name of registrant as specified in its charter)
VIRGINIA | 0-209 | 54-0135270 | ||
(State or other jurisdiction of incorporation or organization) |
(Commission File No.) | (I.R.S. Employer Identification No.) |
3525 FAIRYSTONE PARK HIGHWAY BASSETT, VIRGINIA |
24055 | |
(Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code 276/629-6000
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 2.02 | Results of Operations and Financial Condition. |
On February 2, 2009, the Registrant issued a press release announcing that its Board of Directors did not declare a quarterly dividend for the second quarter of fiscal 2009. It also announced that it expects to release its 4th quarter and fiscal 2008 earnings next week and outlined sales declines, additional bad debt and special charges incurred during its fiscal fourth quarter of 2008, and current bank covenant waiver negotiations, among other things. A copy of the news release announcing this information is attached to this report as Exhibit 99.
Item 9.01 | Financial Statements and Exhibits |
Exhibit 99 | News release issued by Bassett Furniture Industries, Inc. on February 2, 2009. |
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
BASSETT FURNITURE INDUSTRIES, INCORPORATED | ||||
Date: February 2, 2009 | By: | /s/ Barry C. Safrit | ||
Barry C. Safrit | ||||
Title: | Senior Vice President, Chief Financial Officer |