The Dixie Group Inc (OTCPK:DXYN)
$ 0.682 0.001 (0.15%) Market Cap: 10.41 Mil Enterprise Value: 122.85 Mil PE Ratio: 0 PB Ratio: 0.45 GF Score: 44/100
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Q3 2024 Dixie Group Inc Earnings Call Transcript

Nov 01, 2024 / 02:00PM GMT
Release Date Price: $0.715 (-5.92%)
Operator

At this time for opening remarks and introductions. I would like to turn the call over to the Chairman and Chief Executive Officer Daniel K. Frierson. Please go ahead.

Daniel K. Frierson Dixie Group Inc;CEO

Thank you, Jesse and welcome everyone to our third quarter. 2024 conference call I have with me, Allen Dsey. Our CFO our safe harbor statement is included by reference both to our website and press release.

For the third quarter of 2024 the company had net sales of $64,877,000 as opposed as compared to $68,576,000. In the same period of 2023 the company had an operating loss of $2,107,000 compared to an operating loss of $913,000. In the third quarter of 2023 the net loss from continuing operations in the third quarter was 3,000,007 or 26 cent per diluted share in 2023. The net loss from continuing operations for the third quarter was $211,000 or 15 cent per diluted share.

Net sales in the third quarter started off slowly in the month of July but improve throughout the remainder of the quarter.

Soft market conditions as a

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