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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. , 20549 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended November 28 , 2020 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Virginia ( State or other jurisdiction of incorporation or organization ) FORM 10 - K 3525 Fairystone Park Highway Bassett , Virginia ( Address of principal executive offices ) Title of each class : Common Stock ( $ 5.00 par value ) OR BASSETT FURNITURE INDUSTRIES , INCORPORATED ( Exact name of registrant as specified in its charter ) Commission File No. 000-00209 Large Accelerated Filer 54-0135270 ( I.R.S. Employer Identification No. ) Registrant's telephone number , including area code 276 / 629-6000 Securities registered pursuant to Section 12 ( b ) of the Act : Trading Symbol BSET 24055 ( Zip Code ) Name of each exchange on which registered NASDAQ Securities registered pursuant to Section 12 ( g ) of the Act : Indicate by check mark if the Registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act □ Yes No None Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . ☐ Yes > No Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months , and ( 2 ) has been subject to such filing requirements for at least the past 90 days . Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . ☐ Yes □ No Indicate by check mark whether the Registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , smaller reporting company , or an emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Accelerated Filer X