Q
G

PRESS RELEASES

May 14, 2014
CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- The Dixie Group, Inc. (NASDAQ: DXYN) (the “Company”) announced today that it has priced a public offering of 2,500,000 shares of its common stock, for gross proceeds of $26,625,000. The offering is subject to customary closing conditions and is expected to close on or about May 19, 2014. In connection with the offering, the Company has granted the ... read more
May 12, 2014
CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- The Dixie Group, Inc. (NASDAQ: DXYN) (the “Company”) announced today that it plans to make a public offering of 2,500,000 shares of its common stock. In connection with the offering, the Company intends to grant the underwriters an option for 30 days to purchase up to an additional 375,000 shares of common stock to cover over-allotments, if any. The ... read more
Apr 30, 2014
CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- The Dixie Group, Inc. (NASDAQ:DXYN) today reported financial results for the first quarter ended March 29, 2014. For the first quarter of 2014, the Company had sales of $85,313,000 and income from continuing operations of $3,308,000, or $0.24 per diluted share, compared with sales of $75,440,000 and income from continuing operations of $651,000, or $0.05 ... read more
Apr 16, 2014
CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- The Dixie Group, Inc. (NASDAQ: DXYN) today announced that it will provide an online web simulcast of its first quarter 2014 conference call on April 30, 2014. The Company will release its results for the first quarter ended March 29, 2014, before the market opens on April 30, 2014. The live broadcast of The Dixie Group's conference call will begin at 11:00 ... read more
Mar 19, 2014
CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- The Dixie Group, Inc. (NASDAQ:DXYN) today announced that the Company has completed the previously announced acquisition of Atlas Carpet Mills, a high-end manufacturer and marketer of commercial floorcovering products located in Los Angeles, California. The acquisition was completed today for an aggregate purchase price of approximately $17.5 million, which ... read more
Mar 14, 2014
CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- The Dixie Group, Inc. (NASDAQ:DXYN) today announced its agreement to acquire Atlas Carpet Mills, a high-end manufacturer and marketer of commercial floorcovering products located in Los Angeles, California. As outlined in its agreement, closing of the acquisition is scheduled for Wednesday, March 19. In commenting on the agreement, Daniel K. Frierson, ... read more
Feb 10, 2014
CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- The Dixie Group, Inc. (NASDAQ: DXYN) announced that it has signed a non-binding letter of intent to enter into a joint venture with Desso,-Holding BV, a Netherlands based Company in conjunction with Masland Contract, a division of The Dixie Group. The intent is to build a comprehensive floorcovering offering for the Hospitality market in the United States ... read more
Feb 05, 2014
CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- The Dixie Group, Inc. (NASDAQ: DXYN) today announced that it will provide an online web simulcast of its third quarter 2013 conference call on February 19, 2014. The Company will release its results for the fourth quarter and year ended December 28, 2013, before the market opens on February 19, 2014. The live broadcast of The Dixie Group's conference call ... read more
Jan 21, 2014
CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- The Dixie Group, Inc. (NASDAQ: DXYN) today announced that its Board of Directors appointed Michael L. Owens to the Board. In commenting on the announcement, Daniel K. Frierson, Dixie’s Chairman and CEO, stated, “The Board is increasing its size from eight to nine members and has appointed Michael L. (Mike) Owens to fill the vacancy. Mike is currently the ... read more
Jan 06, 2014
CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- The Dixie Group, Inc. (NASDAQ: DXYN) today announced that it will participate in the 2014 Semiannual Micro-Cap Conference on January 13, 2014, in New York City sponsored by Sidoti & Company, LLC. About The Dixie Group The Dixie Group (www.thedixiegroup.com) is a leading marketer and manufacturer of carpet and rugs to higher-end residential and commercial ... read more