Item 2.02. Results of Operations and Financial Condition.

On January 31, 2022 Bassett Furniture Industries issued a news release relating to the fourth quarter financial results for the fiscal year ended November 27, 2021 and discusses sale of Zenith Freight Lines, LLC assets. A copy of the news release announcing this information is attached to this report as Exhibit 99.1.




Item 8.01. Other Events

On January 31, 2022, the Company issued a joint press release with J.B. Hunt Transport Services, Inc. announcing the execution of an agreement to sell the assets of Zenith Freight Lines, LLC to J.B. Hunt Transport, Inc.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

99.1 News Release issued by Bassett Furniture Industries, Inc. on January 31,

2022.

99.2 News Release regarding agreement to sell the assets of Zenith Freight

Lines, Inc. issued by the Company January 31, 2022.

104 Cover Page Interactive Data File (embedded within the inline XBRL document).

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