Welcome to our dedicated page for Dixie Group news (Ticker: DXYN), a resource for investors and traders seeking the latest updates and insights on Dixie Group stock.
The Dixie Group (NASDAQ: DXYN) news hub provides investors and industry professionals with essential updates on this specialty flooring manufacturer. Track official announcements about product innovations like the Step Into Color collection, operational developments including manufacturing efficiencies, and strategic initiatives in the premium carpet market.
This resource aggregates earnings reports, leadership updates, and market expansion news while maintaining strict compliance with financial disclosure standards. Users gain insights into how DXYN navigates industry challenges through initiatives like raw material vertical integration and retail partnership expansions.
Discover updates across key categories: quarterly financial results, new product launches, manufacturing process improvements, and executive team changes. Bookmark this page for real-time access to SEC filings, investor presentations, and market analysis relevant to luxury flooring sector dynamics.
The Dixie Group (OTCQB:DXYN) reported strong Q2 2025 financial results, with net income of $1.2 million ($0.08 per diluted share), up from $0.6 million ($0.04 per diluted share) in Q2 2024. Despite net sales declining to $68.6 million from $70.5 million year-over-year, the company improved its gross profit margin to 29.2% from 28.1%.
Operating income increased to $3.2 million from $2.3 million in Q2 2024, driven by cost reduction initiatives expected to save $12.6 million annually. The company's soft surface sales outperformed the market, staying flat while the industry declined by 7%. Hard surface segment showed mixed results, with Fabrica wood products growing over 10% year-over-year.
The company maintained strong liquidity with $13.1 million available under its credit facility, despite challenging market conditions due to high interest rates and low consumer confidence affecting the flooring industry.
The Dixie Group (OTCQB:DXYN), a leading manufacturer of floor coverings, has scheduled its 2025 Second Quarter Earnings Conference Call for Thursday, August 7, 2025, at 11:00 a.m. ET. The company will discuss Q2 2025 financial results with management.
Investors can participate by dialing 877-407-0989 with Conference ID 13755185. An internet simulcast will be available on the company's investor relations website. The call replay will be accessible for 7 days online and for two weeks via phone at 877-660-6853.
The Dixie Group (OTCQB:DXYN) reported its Q1 2025 financial results and secured a new $75 million senior credit facility. Net sales decreased 3.5% to $62.99 million compared to $65.25 million in Q1 2024. Despite lower sales, gross margins improved to 26.8% from 24.2% year-over-year. The company posted an operating income of $11,000, compared to an operating loss of $857,000 in Q1 2024. Net loss from continuing operations was $1.58 million ($0.11 per share), an improvement from $2.41 million ($0.16 per share) in Q1 2024.
The company's soft floorcovering products outperformed hard surface products, gaining market share in the soft surface category. Premium products showed strong performance across all categories. The new three-year credit facility with MidCap Financial replaces their previous facility with Fifth Third Bank. The company faces challenges from weak market conditions due to low existing home sales and lower consumer confidence, with additional uncertainty around tariffs impacting the industry.
The Dixie Group (DXYN) has announced its upcoming Q1 2025 earnings conference call, scheduled for Friday, May 9, 2025, at 10:00 a.m. Eastern Time. Investors can participate by dialing 877-407-0989 with Conference ID 13753588. The call will also be available via internet simulcast on the company's investor relations website.
An online replay will be accessible for 7 days following the broadcast, while a digital replay will be available for two weeks by dialing 877-660-6853 with the same conference ID. The Dixie Group is a prominent manufacturer and marketer of premium floor coverings, serving high-end residential customers through its brands including Fabrica International, Masland Carpets, DH Floors, and Trucor.
The Dixie Group (OTCQB:DXYN) reported its financial results for Q4 and full-year 2024. The company experienced a 4% decline in annual net sales to $265.0 million, down from $276.3 million in 2023. The net loss widened to $13.0 million ($0.88 per share) in 2024, compared to $2.7 million ($0.18 per share) in 2023.
Q4 2024 net sales decreased to $64.4 million from $66.7 million, with a net loss of $7.2 million versus a net income of $3.2 million in Q4 2023. Gross margin declined to 24.7% in 2024 from 26.7% in 2023, impacted by lower volume and higher costs.
The company secured a new $75 million senior credit facility in February 2025 and implemented a cost-reduction plan exceeding $10 million. Despite challenges, DXYN reported market share gains in high-end product offerings and residential polyester carpet segments.
The Dixie Group (DXYN) has announced it will host a conference call to discuss its 2024 financial results on Thursday, April 10, 2025, at 11:00 a.m. Eastern Time. The company will provide multiple ways to access the call, including a dial-in option and an Internet simulcast available on their investor relations website.
The company, which specializes in manufacturing and marketing soft and hard surface floor coverings for high-end residential customers, operates through several brands including Fabrica International, Masland Carpets, Dixie Home, and Trucor. A digital replay of the call will be available for two weeks following the broadcast.
The Dixie Group (OTCQB:DXYN) reported Q3 2024 financial results with net sales of $64.9 million, down 5.4% from $68.6 million in Q3 2023. The company recorded an operating loss of $2.1 million, compared to a $0.9 million loss in Q3 2023. Gross profit margin decreased to 24.6% from 26.6% year-over-year. Net loss from continuing operations was $3.7 million ($0.26 per share) versus $2.2 million ($0.15 per share) in Q3 2023. For the first nine months of 2024, net sales decreased 4.3% to $200.6 million, with a net loss of $5.5 million ($0.37 per share).
The Dixie Group (OTCQB:DXYN) has announced its Q3 2024 earnings conference call scheduled for Friday, November 1, 2024, at 10:00 a.m. Eastern Time. Participants can join via phone using the dial-in number 877-407-0989 with Conference ID 13748748. An Internet simulcast and replay will be available on the company's Investor Relations webpage. A digital replay will be accessible for two weeks after the broadcast using 877-660-6853 with the same Conference ID.
The Dixie Group (NASDAQ:DXYN) reported financial results for Q2 2024. Net sales were $70.5 million, down from $74.0 million in Q2 2023. However, the company saw improvements in other areas:
- Gross profit margin increased to 28.1% from 26.7%
- Operating income rose to $2.3 million from $0.3 million
- Net income was $0.7 million, compared to a $1.6 million loss in Q2 2023
The company also announced a 10-year sublease agreement for warehouse space, expected to generate $1.8 million in annual income. Despite challenging market conditions, Dixie Group is focusing on cost-saving initiatives, new product launches, and manufacturing efficiencies to improve performance.
The Dixie Group (NASDAQ:DXYN) has announced its 2024 Second Quarter Earnings Release conference call, scheduled for Thursday, August 8, 2024, at 10:00 a.m. Eastern Time. Investors and interested parties can participate by dialing 877-407-0989 with Conference ID No. 13747021. An Internet simulcast and replay will be available on the company's Investor Relations page. A digital replay will be accessible for two weeks after the live broadcast by dialing 877-660-6853 with the same Conference ID.
The Dixie Group is a leading marketer and manufacturer of soft and hard surface floor coverings for higher-end residential customers, operating through brands including Fabrica International, Masland Carpets, DH Floors, and Trucor.
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