The Dixie Group Reports Third Quarter Loss of $.40 per Share

The Dixie Group, Inc. DXYN today reported financial results for the third quarter and nine months ended September 25, 2010. In the third quarter of 2010, the Company had net sales of $56,676,000 versus $50,487,000 in the same quarter of 2009. Including facility consolidation and severance expenses, the Company reported an after-tax loss from continuing operations of $1,869,000, or $0.15 per diluted share, in the quarter, compared with an after-tax loss from continuing operations of $2,017,000, or $0.16 per diluted share, for same quarter of 2009.