Dixie Group, Inc. (DXYN) Misses Q1 EPS by 12c

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The Dixie Group Reports First Quarter 2015 Results

April 29, 2015 7:30 AM EDT

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- The Dixie Group, Inc. (NASDAQ: DXYN) today reported financial results for the first quarter of 2015 ended March 28, 2015. For the first quarter of 2015, the Company had sales of $95,855,000 and a loss from continuing operations of $2,380,000 or $0.15 per diluted share compared with net sales of $85,082,000 and income from continuing operations of $4,820,000 or $0.36 per diluted share for the same period in 2014.

Commenting on the results, Daniel K. Frierson, chairman and chief executive officer, said, The first quarter is always the more challenging period of the year. Our sales of $95.9 million represent... More