Dixie Group: Q4 Earnings Snapshot

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DALTON, Ga. (AP) _ The Dixie Group Inc. (DXYN) on Thursday reported a fourth-quarter loss of $318,000, after reporting a profit in the same period a year earlier.

The Dalton, Georgia-based company said it had a loss of 2 cents per share. Earnings, adjusted for one-time gains and costs, were 2 cents per share.

The floor covering company posted revenue of $88.6 million in the period.

For the year, the company reported a loss of $9.2 million, or 60 cents per share, swinging to a loss in the period. Revenue was reported as $315.9 million.

Dixie Group shares have more than doubled since the beginning of the year. The stock has risen fivefold in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DXYN at https://www.zacks.com/ap/DXYN