CHATTANOOGA, Tenn. -- The Dixie Group Inc. has reported net income of $188,000, or
2 cents per diluted share, for the second quarter ended June 30, 2001. For the same period in 2000, the company reported net income of $1.3 million, or 11 cents per diluted share. Sales for the second quarter of 2001 were $145.5 million compared with $146.1 million in the year-earlier period.
For the first six months of 2001, the Dixie Group reported a net loss of $2.5 million, or 22 cents per diluted share, compared with net income of $70,000, or 1 cent per diluted share, for the first half of 2000. Year-to-date sales in 2001 were $278.6 million compared with $282.4 million in the first six months of 2000.