Dalton, Ga.—The Dixie Group reported net sales decreased 10.4% for the first quarter of 2019 to $88,606,000 as compared to $98,858,000 in 2018. The company had a loss from continuing operations of $6,641,000 compared to a loss of $2,884,000 in the same quarter last year.
Commenting on the results, Daniel K. Frierson, chairman and chief executive officer, said, “Our residential product sales were down 5.5% for the quarter with the industry, we estimate, being down mid to high single digits as compared to the prior year. The early part of the quarter was impacted by poor weather conditions in the northern half of the U.S. as well as a lack of retail traffic which we believe was due to uncertainties relative to the economic environment and international trade issues.”