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Stock impact report

The Dixie Group Reports Results for First Quarter of 2024 [Yahoo! Finance]

The Dixie Group, Inc. (DXYN) 
Last the dixie group, inc. earnings: 8/2 05:00 am Check Earnings Report
US:NASDAQ Investor Relations: thedixiegroup.com/investor/investor.html
Company Research Source: Yahoo! Finance
Net sales in the first quarter of 2024 were $65.3 million compared to $67.1million 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 The Company began operations of its new extrusion line in the first quarter of 2024 The Company announces board approval of stock repurchase plan For the first quarter of 2024, the Company had net sales of $65,254,000 as compared to $67,084,000 in the same quarter of 2023. The Company had an operating loss of $857,000 compared to an operating income of $306,000 in the first quarter of 2023. The net loss from continuing operations in the first quarter of 2024 was $2,410,000 or $0.16 per diluted share. In 2023, the net loss from continuing operations for the first quarter was $1,551,000 or $0.11 per diluted share. Commenting on the results, Daniel K. Frierson, Chairman and Chief Executive Officer, said, "Our net sale Show less Read more
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