DALTON, GA / ACCESSWIRE / September 16, 2021 / On September 13, 2021, The Dixie Group, Inc. (NASDAQ:DXYN) announced the sale of its AtlasMasland commercial business to Mannington Mills, Inc.The assets sold include inventory, certain items of machinery and equipment used exclusively in the Commercial Business, and related intellectual property. The Company retained the Commercial Business' cash ...read more
August 05, 2021
Highlights from Second Quarter 2021 Results: Net Sales of $105 million Net income of $3.3 million Strong order activity throughout the quarter DALTON, GA / ACCESSWIRE / August 5, 2021 / The Dixie Group, Inc. (NASDAQ:DXYN) today reported financial results for the quarter ended June 26, 2021. For the second quarter of 2021, the Company had net sales of $104,833,000 and an income from continuing ...read more
July 26, 2021
DALTON, GA / ACCESSWIRE / July 26, 2021 / You are invited to participate in a conference call with the management of THE DIXIE GROUP, INC (NASDAQ: DXYN) regarding results for 2021 Second Quarter Earnings Release on Thursday, August 5th, 2021 at 10:00 a.m. Eastern Time.To participate in the conference call scheduled for Thursday, August 5th, 2021 at 10:00 a.m. ET, dial in information as ...read more
June 30, 2021
DALTON, GA / ACCESSWIRE / June 30, 2021 / The Dixie Group, Inc. (NASDAQ:DXYN) today announced entry into an agreement in principle for the sale of its commercial business to Mannington Mills, Inc. Terms and conditions are to be finalized in the near future.When completed, Mannington would buy the AtlasMasland business, including certain tufting machines, other equipment and inventories. ...read more
May 18, 2021
Highlights from First Quarter 2021 Results (all comparisons are to the prior year first quarter):Year over year increase in net sales of $5.7 million or 7.1%Reduced debt by $2.1 million within the quarter and $14.6 million compared to prior yearStrong order activity throughout the quarterDALTON, GA / ACCESSWIRE / May 18, 2021 / The Dixie Group, Inc. (NASDAQ:DXYN) today reported financial ...read more
May 14, 2021
DALTON, GA / ACCESSWIRE / May 14, 2021 / You are invited to participate in a conference call with the management of THE DIXIE GROUP, INC (NASDAQ:DXYN) regarding results for 2021 First Quarter Earnings Release on Tuesday, May 18th, 2021 at 2:00 p.m. Eastern Time.To participate in the conference call scheduled for Tuesday, May 18th, 2021 at 2:00 p.m. ET, dial in information as ...read more
April 19, 2021
DALTON, GA / ACCESSWIRE / April 19, 2021 / On April 17, 2021, The Dixie Group, Inc. (NASDAQ:DXYN) (the "Company") detected a ransomware attack on portions of its information technology systems. Response protocols were initiated immediately to contain the attack, and the Company is working with cybersecurity experts as well as the appropriate legal authorities to investigate this incident.The ...read more
March 04, 2021
DALTON, GA / ACCESSWIRE / March 4, 2021 / The Dixie Group, Inc. (NASDAQ:DXYN) today reported financial results for the year ended December 26, 2020.Despite the unprecedented challenges faced in the COVID-19 pandemic affected year of 2020, we were able to improve our operations, and further strengthen our balance sheet to better position our Company as we entered 2021 with momentum and ...read more
February 18, 2021
DALTON, GA / ACCESSWIRE / February 18, 2021 / You are invited to participate in a conference call with the management of THE DIXIE GROUP, INC (NASDAQ:DXYN) regarding results for 2020 Earnings Release on Thursday, March 4th, 2021 at 10:00 a.m. Eastern Time.THE DIXIE GROUP2020 EARNINGS RELEASE and CONFERENCE CallA digital replay of the call will be available for two weeks following the ...read more
November 05, 2020
Highlights from Third Quarter 2020 Results (all comparisons are to the prior year third quarter):Net Income from continuing operations of $906,000 compared to a loss of $2,577,000 Gross Profit Margin of 25.9%; an improvement of 3.8%Secured $25 million in long term fixed rate loans; entered into new $75 million, 5 year senior credit facility; raised borrowing availability to $45 million. ...read more
