Dixie Group (DXYN) Misses Q1 EPS by 10c

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Go back to Dixie Group (DXYN) Misses Q1 EPS by 10c

The Dixie Group Reports First Quarter 2016 Results

May 3, 2016 6:51 PM EDT

DALTON, Ga., May 03, 2016 (GLOBE NEWSWIRE) -- The Dixie Group, Inc. (NASDAQ: DXYN) today reported financial results for the quarter ended March 26, 2016. For the first quarter of 2016, the Company had net sales of $89,234,000, or 6.9% below, sales of $95,855,000 in the first quarter of 2015. The Company had a loss from continuing operations of $4,757,000 for the first quarter of 2016 as compared to a loss from continuing operations of $2,380,000 in the first quarter of 2015.

Commenting on the results, Daniel K. Frierson, chairman and chief executive officer, said, Though the first quarter of the... More