Dixie Group (DXYN) Misses Q2 EPS by 1c

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The Dixie Group Reports Second Quarter 2015 Results

July 29, 2015 7:30 AM EDT

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- The Dixie Group, Inc. (NASDAQ: DXYN) today reported financial results for the second quarter of 2015 ended June 27, 2015. Sales for the second quarter were $109,957,000 as compared to $107,926,000 in the same quarter a year ago. Profit from continuing operations was $516,000, or $0.03 per diluted share, versus a loss of $509,000, or $0.04 per diluted share, for the same quarter last year.

Commenting on the results, Daniel K. Frierson, chairman and chief executive officer, said, Sales in the second quarter started off strong but moderated throughout the period. Our sales of $110 million were... More