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The Dixie Group Inc  (DXYN)
Other Ticker:  
 
 
Price: $0.6180 $0.04 7.292%
Day's High: $0.7215 Week Perf: 5.1 %
Day's Low: $ 0.56 30 Day Perf: 1.31 %
Volume (M): 211 52 Wk High: $ 1.36
Volume (M$): $ 131 52 Wk Avg: $0.81
Open: $0.60 52 Wk Low: $0.46



 Market Capitalization (Millions $) 9
 Shares Outstanding (Millions) 15
 Employees 1,822
 Revenues (TTM) (Millions $) 280
 Net Income (TTM) (Millions $) -24
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 1

The Dixie Group Inc
Our business consists principally of marketing, manufacturing and selling carpet and rugs to high-end residential and commercial customers through our various sales forces and brands. A small portion of our manufacturing capacity is used to provide carpet and yarn related services to other manufacturers.

From 1920 until 1993 we were exclusively in the textile business. We sold our textile assets and began acquiring floorcovering businesses in 1993. We focus exclusively on the upper-end of the soft floorcovering market where we believe we have strong brands and competitive advantages with our style and design capabilities and customer relationships.

Our business is concentrated in areas of the soft floorcovering markets where innovative styling, design, color, quality and service, as well as limited distribution, are welcomed and rewarded. Our Fabrica, Masland, and Dixie Home brands have a significant presence in the high-end residential soft floorcovering markets. Our Atlas Carpet Mills, Masland Contract and Masland Hospitality brands, participate in the upper end specified commercial marketplace. Dixie International sells all of our brands outside of the North American market. Our brands are well known, highly regarded and complementary; by being differentiated, we offer meaningful alternatives to the discriminating customer.

We have one line of business, carpet and rug manufacturing.

The carpet and rug industry has two primary markets, residential and commercial, with the residential market making up the largest portion of the industrys sales. A substantial portion of industry shipments is made in response to replacement demand. Residential products consist of broadloom carpets and rugs in a broad range of styles, colors and textures. Commercial products consist primarily of broadloom carpet and modular carpet tile for a variety of institutional applications such as office buildings, restaurant chains, schools and other commercial establishments. The carpet industry also manufactures carpet for the automotive, recreational vehicle, small boat and other industries.

The Carpet and Rug Institute (the "CRI") is the national trade association representing carpet and rug manufacturers. Information compiled by the CRI suggests that the domestic carpet and rug industry is comprised of fewer than 100 manufacturers, with a significant majority of the industrys production concentrated in a limited number of manufacturers focused on the lower end of the price curve. We believe that this industry focus provides us with opportunities to capitalize on our competitive strengths in selected markets where innovative styling, design, product differentiation, focused service and limited distribution add value.

Our sales historically have normally reached their lowest level in the first quarter (approximately 23% of our annual sales), with the remaining sales being distributed relatively equally among the second, third and fourth quarters. Working capital requirements have normally reached their highest levels in the third and fourth quarters of the year.



   Company Address: 475 Reed Road Dalton 30720 GA
   Company Phone Number: 876-5800   Stock Exchange / Ticker: NASDAQ DXYN
   


Customers Net Income grew by DXYN's Customers Net Profit Margin grew to

34.89 %

2.61 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

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MHK   -0.34%    
TILE   -0.39%    
TTSH   -4.25%    
LIVE   -4.06%    
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The Dixie Group Inc

Breaking News: The Dixie Group Inc Reports Surprising Loss of $-0.16 per Share, Shaking Investors Amidst Recent Fiscal Period

Despite facing some challenges in its recent fiscal period, The Dixie Group Inc has taken several positive steps to mitigate losses and position itself for future growth.
One of the noteworthy improvements is the reduction in net loss per share compared to the previous fiscal year. The company managed to narrow its losses from $0.58 per share to $0.16 per share, showing a significant improvement in its financial performance. Moreover, when compared to the preceding reporting season, the loss per share increased by only $0.04, indicating that the company is making progress in controlling its expenses.

The Dixie Group Inc

Financial Challenges Emerge Amid Closing of Q2-2023 for The Dixie Group Inc as Losses Slightly Decrease and Revenue Slips Over 11%

The Dixie Group Inc, a manufacturer of flooring and carpet products, recently released its second quarter earnings report for 2023. The company reported a loss of $0.12 per share, an improvement compared to the loss of $0.29 per share in the same quarter a year ago. However, this figure remained the same as the previous reporting period.
Additionally, the company experienced a decline in revenue, with a double-digit decrease of 11.576% to $74.01 million from $83.70 million in the comparable reporting period a year ago. However, there was a sequential revenue increase of 10.323% from $67.08 million.

The Dixie Group Inc

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DXYN Reports Improved Fiscal Results
Investors in The Dixie Group Inc can breathe a sigh of relief after the company announced improved fiscal period results for the period ending April 01, 2023. The textile and carpet manufacturer managed to cut its losses on dwindling revenue, where the deficit per share amounted to $-0.12 relative to $-0.22 in the comparable reporting period a year ago. Revenue decreased by -13.524% to $67.08 million compared to $77.58 million the previous year.
Despite the downturn, the company managed to show improvements. From the prior three months, EPS improved from $-1.24 per share, while revenue decreased by -4.893% from $70.54 million. In the fiscal period closing April 01, 2023, The Dixie Group Inc reported a net deficit of $-1.758 million, which was an improvement from the deficit of $-3.357 million reported in the comparable prior year period.






 

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