The Dixie Group reports Q4, year-end 2003 earnings
The Dixie Group has reported an ongoing loss for the fourth quarter and fiscal year ended Dec. 27, 2003.
The company declared a loss from continuing operations of $11.7 million, or 99 cents per diluted share, for the fourth quarter compared with income from continuing operations of $4.4 million, or 37 cents per diluted share, for the prior-year period. Net sales from continuing operations increased 19 percent to $64.6 million for the quarter vs. $54.1 million in the year-earlier period.