Dixie Group Increased Net Sales in Q4 & FY 2017

Dalton, GA, March 1, 2018-The Dixie Group reported net sales of $412.5 million for fiscal year 2017, a 3.8% increase as compared to $397.5 million in 2016. For Q4 2017, net sales were $105.1 million, an increase of 2.4% compared to $102.6 million in Q4 2016.

Net loss for the year was $9.6 million, an 81% decrease compared to FY 2016’s $5.3 million loss. For the quarter, the company reported a $9.5 million loss, compared to Q4 2016's $2.7 million loss.