DXYN DIXIE GROUP INC
Price Chart
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
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
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
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000029332-26-000027 |
| Document: dxyn-20260511.htm | 0000029332-26-000027 |
| Document: 0000029332-26-000027-index-headers.html | 0000029332-26-000027 |
| Document: 0000029332-26-000027-index.html | 0000029332-26-000027 |
| Document: 0000029332-26-000027.txt | 0000029332-26-000027 |
| 8-K Data (Synthetic) | 0000029332-26-000027 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 11, 2026
29d ago
|
8-K
| $0.4200 $0.4100 | ▼ −2.38% | ▼ −2.30% | $0.4000 (−4.76%) |
|
May 11, 2026
29d ago
|
8-K
| $0.4200 $0.4100 | ▼ −2.38% | ▼ −2.30% | $0.4000 (−4.76%) |
US Market Status
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