The Dixie Group Inc (FRA:DX6)
€ 0.52 0 (0%) Market Cap: 11.21 Mil Enterprise Value: 114.88 Mil PE Ratio: 0 PB Ratio: 0.50 GF Score: 39/100

Q1 2023 Dixie Group Inc Earnings Call Transcript

May 04, 2023 / 05:00PM GMT
Release Date Price: €0.625
Operator

Good day, and welcome to The Dixie Group, Inc. 2023 First Quarter Earnings Conference Call. Today's call is being recorded.

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

Daniel K. Frierson
The Dixie Group, Inc. - Chairman & CEO

Thank you, Doug, and welcome, everybody, to our first quarter conference call. I have with me Allen Danzey, our CFO, who will also be participating. As a reminder, our safe harbor statement is included by reference both to our website and the press release.

The company had net sales of approximately $67 million as compared to $77.5 million in the same quarter of last year. Operating income was $300,000 compared to a loss of $2.247 million in the first quarter of '22. The operating income in 2023 included expenses totaling $1.050 million related to facility consolidations. Our results from the first quarter reflected the positive impact of the restructuring efforts we initiated in 2022. Although net

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot