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Dixie Group Reports 3Q Results

Dalton, Ga. -- The Dixie Group reported net sales for the third quarter, which ended Sept. 29, were down 1.1%. The company had a loss from continuing operations of $2.9 million.

“The first phase of our profit improvement plan was focused on consolidating our Atlas and Masland Contract businesses,” said Daniel K. Frierson, chairman and CEO. “Most of the management was consolidated late last year and early this year. The sales forces were combined in the third quarter and the manufacturing consolidation will be essentially complete over the next four months.”

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