News & Videos - THE DIXIE GROUP INC.

DALTON, GA / ACCESSWIRE / March 8, 2024 / The Dixie Group, Inc. (NASDAQ:DXYN) today reported financial results for the year ended December 30, 2023. The Company announced an operating income of $5.0 million for fiscal year 2023 Gross profit margin in the fiscal year 2023 was 26.7% compared to 17.7% in the fiscal year 2022 Year over year net sales in the fourth quarter were up 1.8% on an average weekly basis For the year 2023, net sales for the Company were $276,343,000 as compared to...

DALTON, GA / ACCESSWIRE / March 4, 2024 / You are invited to participate in a conference call with the management of THE DIXIE GROUP, INC (NASDAQ:DXYN) regarding results for 2023 Earnings Release on Friday, March 8th, 2024, at 10:00 a.m. Eastern Time. To participate in the conference call scheduled for Friday, March 8, 2024, at 10:00 a.m. ET, dial in information as follows: 877-407-0989 Conference ID No. 13744839 To listen only to the call, an Internet simulcast and replay of Dixie's conference...

DALTON, GA / ACCESSWIRE / December 15, 2023 / The Dixie Group, Inc. (NASDAQ:DXYN) reported the sale of its facility in Adairsville, Georgia, and approximately 17 acres of surrounding property to Adairsville, Ga, LLC, an affiliate of Cannon Commercial, Inc., for a sale price of approximately $16.3 million. The sale resulted in a gain of over $8 million and a reduction of the Company's existing debt of approximately $16 million. Concurrent with the sale of the Property, The Dixie Group and...

Highlights from the Third Quarter 2023: The gross profit margin for the three months of the third quarter of 2023 was 26.6% of net sales compared to 17.5% in the third quarter of 2022 The net operating loss for the first nine months of 2023 was $354 thousand which included facility consolidation expenses in the amount of $2.3 million Order entry for the first five weeks of the fourth quarter is up over the same period in the prior year DALTON, GA / ACCESSWIRE / November 13, 2023 / The Dixie...

The following corrects the conference call day in a release disseminated earlier today DALTON, GA / ACCESSWIRE / November 10, 2023 / Due to the observance of the Veterans' Day holiday, The Dixie Group is postponing its earnings call originally scheduled for today at 11:00 am EST until Monday, November 13, 2023, at 10:00 am EST. To participate in the conference call scheduled for Monday, November 13, 2023, at 10:00 a.m. ET, dial in information as follows: 877-407-0989 Conference ID No. 13742668...

DALTON, GA / ACCESSWIRE / November 10, 2023 / Due to the observance of the Veterans' Day holiday, The Dixie Group is postponing its earnings call originally scheduled for today at 11:00 am EST until Monday, November 13, 2023, at 10:00 am EST. To participate in the conference call scheduled for Friday, November 13, 2023, at 10:00 a.m. ET, dial in information as follows: 877-407-0989 Conference ID No. 13742668 To listen only to the call, an Internet simulcast and replay of Dixie's conference call...

DALTON, GA / ACCESSWIRE / November 9, 2023 / You are invited to participate in a conference call with the management of THE DIXIE GROUP, INC (NASDAQ:DXYN) regarding results for 2023 Third Quarter Earnings Release on Friday, November 10, 2023, at 11:00 a.m. Eastern Time. To participate in the conference call scheduled for Friday, November 10, 2023, at 11:00 a.m. ET, dial in information as follows: 877-407-0989 Conference ID No. 13742668 To listen only to the call, an Internet simulcast and replay...

Highlights from the SecondQuarter 2023: Gross profit margin for three months of the second quarter of 2023 was 26.7% of net sales compared to 19.2% in the second quarter of 2022. Operating income for the three months of the second quarter of 2023 was $253 thousand compared to an operating loss of $2.9 million in the second quarter of 2022. The operating income in the current quarter included $719 thousand in expenses related to facility consolidations. Order entryfor the monthof July 2023 is...

DALTON, GA / ACCESSWIRE / July 31, 2023 / You are invited to participate in a conference call with the management of THE DIXIE GROUP, INC (NASDAQ:DXYN) regarding results for 2023 Second Quarter Earnings Release on Friday, August 4, 2023, at 10:00 a.m. Eastern Time. To participate in the conference call scheduled for Friday, August 4, 2023, at 10:00 a.m. ET, dial in information as follows: 877-407-0989 Conference ID No. 13739322 To listen only to the call, an Internet simulcast and replay of...

DALTON, GA / ACCESSWIRE / July 26, 2023 / The DixieGroup, Inc. (NASDAQ:DXYN) today announced termination of the previously announced agreement for the sale and leaseback of its distribution facility in Adairsville, Georgia. The termination of the agreement was the result of a proposed change in the terms of the purchase by the buyer that the Company deemed unacceptable. In accordance with its previously announced plan, the Company will continue to pursue a sale leaseback opportunity for one of...

DALTON, GA / ACCESSWIRE / June 6, 2023 / The Dixie Group, Inc. (NASDAQ:DXYN) today announced it has entered into an agreement for the sale and leaseback of its distribution facility in Adairsville, Georgia. The Company anticipates the transaction will close in the third quarter of 2023. Upon closing the transaction, the Company expects to recognize a significant gain in net income. The proceeds from this financing transaction will be used to significantly reduce the Company's debt and increase...

Highlights from the First Quarter2023: Gross profit margin for the first quarter of 2023 was 26.6% of net sales compared to 19.6% in the first quarter of 2022. Operating income in the first quarter of 2023 was $306 thousand compared to an operating loss of $2.2 million in the first quarter of 2022. The operating income in the current quarter included $1.1 million in expenses related to facility consolidations. DALTON, GA / ACCESSWIRE / May 4, 2023 / The Dixie Group, Inc. (NASDAQ:DXYN) today...

DALTON, GA / ACCESSWIRE / April 25, 2023 / You are invited to participate in a conference call with the management of THE DIXIE GROUP, INC (NASDAQ:DXYN) regarding results for 2023 First Quarter Earnings Release on Thursday, May 4, 2023, at 1:00 p.m. Eastern Time. To participate in the conference call scheduled for Thursday, May 4, 2023, at 1:00 p.m. ET, dial in information as follows: 877-407-0989 Conference ID No. 13738400 To listen only to the call, an Internet simulcast and replay of Dixie's...

DALTON, GA / ACCESSWIRE / March 2, 2023 / The Dixie Group, Inc. (NASDAQ:DXYN) today reported financial results for the fiscal year ended December 31, 2022. Net sales for the fiscal year of 2022 were $304 million, or 11% below the net sales of $341 million in the fiscal year of 2021. The net loss for the fiscal year end 2022 was $35.1 million with a $33.4 million loss from continuing operations. The plan for the consolidation of our east coast facilities has resulted in a 24% reduction of...

DALTON, GA / ACCESSWIRE / February 27, 2023 / You are invited to participate in a conference call with the management of THE DIXIE GROUP, INC (NASDAQ:DXYN) regarding results for 2022 Earnings Release on Thursday, March 2nd, 2023, at 10:00 a.m. Eastern Time. To participate in the conference call scheduled for Thursday, March 2, 2023, at 10:00 a.m. ET, dial in information as follows: 877-407-0989 Conference ID No. 13735921 To listen only to the call, an Internet simulcast and replay of Dixie's...

The Dixie Group announcesits plan to consolidate the East Coast tufting operations to its existing plant in Eton, Georgia. This plan, along with other cost reductions, is expected to produce annual cost savings of approximately $25 million DALTON, GA / ACCESSWIRE / November 3, 2022 / The Dixie Group, Inc. (NASDAQ:DXYN) reported financial results for the quarter ended September 24, 2022. For the third quarter of 2022, the Company had net sales from continuing operations of $71,762,000 and a net...

DALTON, GA / ACCESSWIRE / October 31, 2022 / You are invited to participate in a conference call with the management of THE DIXIE GROUP, INC (NASDAQ:DXYN) regarding results for 2022 Third Quarter Earnings Release on Thursday, November 3rd, 2022, at 2:00 p.m. Eastern Time. To participate in the conference call scheduled for Thursday, November 3, 2022, at 2:00 p.m. ET, dial in information as follows: 877-407-0989 Conference ID No. 13733790 To listen only to the call, an Internet simulcast and...

All financial comparisons below are to the prior year second quarter, as adjusted for discontinued operations, unless stated otherwise. DALTON, GA / ACCESSWIRE / August 15, 2022 / The Dixie Group, Inc. (NASDAQ:DXYN) reported financial results for the quarter ended June 25, 2022. For the second quarter of 2022, the Company had net sales from continuing operations of $83,698,000 and a net loss of $4,487,000 or $0.29 per diluted share. In the second quarter of 2021, as adjusted to reflect the...

DALTON, GA / ACCESSWIRE / August 11, 2022 / You are invited to participate in a conference call with the management of THE DIXIE GROUP, INC (NASDAQ:DXYN) regarding results for 2022 Second Quarter Earnings Release on Monday, August 15th, 2022, at 2:00 p.m. Eastern Time. To participate in the conference call scheduled for Monday, August 15th, 2022, at 2:00 p.m. ET, dial in information as follows: 877-407-0989 Conference ID No. 13731489 To listen only to the call, an Internet simulcast and replay...

DALTON, GA / ACCESSWIRE / May 5, 2022 / You are invited to participate in a conference call with the management of THE DIXIE GROUP, INC (NASDAQ:DXYN) regarding results for 2022 First Quarter Earnings Release on Wednesday, May 11th, 2022 at 11:00 a.m. Eastern Time. To participate in the conference call scheduled for Wednesday, May 11th, 2022 at 11:00 a.m. ET, dial in information as follows: 877-407-0989 Conference ID No. 13729523 To listen only to the call, an Internet simulcast and replay of...