DXYN DIXIE GROUP INC

MIXED Impact: 5/10 8-K
Horizon weeks Filed May 11, 2026 Processed 29d 18h ago SEC 0000029332-26-000027
8-K Item 2.02: Earnings release
Latest settled — T+5d ⚠ clustered
DXYN ▼ -2.38% at T+5d
NEUTRAL call ✗ call lost -2.38% · α vs SPY -2.30% · entry $0.4200 → $0.4100
Next anchor: T+20d due 18h ago
Last close $0.4000 (close Jun 8) · -4.76% from $0.4200 entry
Entry anchored
May 11, 2026
via day open
T+1d
0.00%
call 0.00% · α +0.14%
$0.4200
settled 29d ago
T+5d
-2.38%
call -2.38% · α -2.30%
$0.4100
settled 23d ago
T+20d
call — · α —
due 18h ago
T+60d
call — · α —
in 8w

Price Chart

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Executive Summary

Dixie Group reported Q1 2026 results: net sales declined 5.7% YoY to $59.4M, but swung to a net income of $1.15M from a loss of $1.70M a year ago, driven by a $3.3M IEEPA tariff refund receivable and cost cuts. The company highlighted a $17.8M profit improvement plan, though revenue continues to shrink amid weak flooring demand.

Key Financial Metrics

Gross Margin
32.5%

Actionable Insight

The revenue decline (-5.7%) is a clear headwind, but the swing to profitability and $17.8M profit improvement plan could support the stock if revenue stabilizes. Watch Q2 order trends and raw material cost impact from rising oil prices.

Key Facts

  • Q1 2026 net sales $59.38M, down 5.7% from $62.99M in Q1 2025
  • Net income from continuing operations $1.35M ($0.09/diluted share) vs loss of $1.58M ($0.11 loss/share) in Q1 2025
  • Gross profit margin improved to 32.5% from 26.8%, boosted by $3.3M IEEPA tariff refund receivable
  • Adjusted gross margin (ex-tariff refund) was 28.6% vs 26.9% a year ago
  • Operating income $3.26M vs $11K in Q1 2025
  • Selling and administrative expenses fell to $16.0M from $16.9M
  • Debt increased $2.1M in Q1 to support operating needs
  • Management estimates profit improvement plan impact at $17.8M YoY
  • Order entry in Q2 2026 is 'closely in line' with Q2 2025

Financial Impact

Revenue decline of ~$3.6M YoY; net income swing of +$2.85M; $3.3M one-time tariff refund receivable

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Risk Factors

  • Continued revenue decline amid weak housing market and low consumer confidence
  • Rising raw material costs from higher oil prices in Q2 2026
  • Debt increased $2.1M in Q1; total debt $83.8M vs equity of $10.0M
  • One-time $3.3M tariff refund boosted results — not recurring

Market Snapshot

Exchange
OTC
Sector
Carpets & Rugs
Analyst Consensus
86% bullish (7 analysts)

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0000029332-26-000027
Document: dxyn-20260511.htm0000029332-26-000027
Document: 0000029332-26-000027-index-headers.html0000029332-26-000027
Document: 0000029332-26-000027-index.html0000029332-26-000027
Document: 0000029332-26-000027.txt0000029332-26-000027
8-K Data (Synthetic)0000029332-26-000027
2 reports for DXYN
Performance horizon
Filters
Rows
Reports for DXYN — sortable, filterable
Type Now
May 11, 2026
29d ago
8-K
NEUTRAL ★ 3/10
$0.4200 $0.4100▼ −2.38%▼ −2.30%$0.4000 (−4.76%)
May 11, 2026
29d ago
8-K
MIXED ★ 5/10
$0.4200 $0.4100▼ −2.38%▼ −2.30%$0.4000 (−4.76%)
Showing 2 of 2

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