Net sales in the first quarter of 2024 were $65.3 million compared to $67.1 million in the same period of the prior year. The gross profit margin for the three months of the first quarter of 2024 was 24.2% of net sales compared to 26.6% in the first quarter of 2023.
Over the past five decades, the company said it raised the bar by investing in cutting-edge raw materials and manufacturing technologies to ensure that its products surpass the expectations of discerning clientele.
The Dixie Group announced Eileen Zelazny has been named vice president of national accounts, where she will lead business with the buying groups and other national account customers.
Residential market constraints continue with limited housing supply, high interest rates and continued inflationary pressure, which continue to affect sales in 2023.
The flatwoven, hand-loomed, hand-tufted and Wilton woven constructionsare mold and mildew resistant, water resistant, and easy to clean, they provide durable performance
Dixie Group Chairman and CEO Daniel K. Frierson said a significant factor in the year-over-year sales decline was a loss of volume in the mass merchant channel, with primary customer's strategies shifting toward lower price points
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