Dixie Group (DXYN) Misses Q2 EPS by 6c

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Go back to Dixie Group (DXYN) Misses Q2 EPS by 6c

The Dixie Group Reports Second Quarter 2016 Results

July 27, 2016 12:00 AM EDT

DALTON, Ga., July 27, 2016 (GLOBE NEWSWIRE) -- The Dixie Group, Inc. (NASDAQ: DXYN) today reported financial results for the quarter ended June 25, 2016. The Companys second quarter 2016 net sales were $105,316,000, 4.2% below second quarter of 2015 sales of $109,957,000. Income from continuing operations was $1,615,000, or $0.10 per fully diluted share, for the second quarter of 2016 as compared to income from continuing operations of $516,000, or $0.03 per fully diluted share, in the second quarter of 2015. On a non-GAAP basis, which excludes restructuring expenses, the Company earned $0.12 per share for the second quarter of 2016 as compared to $0.07 per fully... More