CHATTANOOGA, Tenn. -- The Dixie Group Inc. has reported net income of $223,000, or 2 cents per diluted share, for the third quarter ended Sept. 29, 2001. For the same period in 2000, the company reported a net loss of $3.7 million, or 32 cents per diluted share. Net sales were $132.3 million in the third quarter of 2001, down from $148.7 in the year-earlier period.
For the first nine months of 2001, the company reported a net loss of $2.3 million, or 20 cents per diluted share, compared with a net loss of $3.6 million, or 31 cents per diluted share, for the first nine months of 2000. Year-to-date sales were $410.9 million in 2001, compared with sales of $431.2 million for the first nine months of 2000.