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Dixie Group Q4 2007 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions We’ll take our first question from Sam Darkatsh with Raymond James. Sam Darkatsh – Raymond James Looking at your production now Dan, your facilities are you running just one shift at this point? What’s your level of utilization...
The Dixie Group Completes Acquisition of Multitex/Globaltex
CHATTANOOGA, Tenn.--BUSINESS WIRE--Jan. 11, 1999--The Dixie Group, Inc. (Nasdaq/NM:DXYN) today announced that it has completed the previously announced acquisition of the assets of Multitex Corporation of America, Inc., a Dalton, Georgia, carpet and carpet yarn producer with annual revenues of approximately $85 million. Multitex sells carpet under the Globaltex name...
The Dixie Group, Inc. Declares Regular Quarterly Cash Dividend
CHATTANOOGA, Tenn.--BUSINESS WIRE--Aug. 31, 1998--The Dixie Group, Inc. today announced that the Company's Board of Directors has declared a regular quarterly cash dividend of $0.05 per share, payable on September 25, 1998, to stockholders of record on September 14, 1998. The Dixie Group (Nasdaq/NM:DXYN) manufactures value-added floorcovering...
The Dixie Group, Inc. Announces Regular Quarterly Cash Dividend; William N. Fry, IV Elected as New Director
CHATTANOOGA, Tenn.--BUSINESS WIRE--May 4, 1998--The Dixie Group, Inc. today announced that the Company's Board of Directors has declared a regular quarterly cash dividend of $0.05 per share, payable on May 29, 1998, to stockholders of record on May 15, 1998. The Company also announced the election,...
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The Dixie Group Reports Third Quarter 2008 Results
CHATTANOOGA, Tenn. -- The Dixie Group, Inc. (NASDAQ:DXYN) today reported financial results for the third quarter and nine months ended September 27, 2008. For the third quarter, the Company reported a loss from continuing operations of $732,000, or $0.06 per diluted share, compared with income from continuing operations of $2,239,000,...
The Dixie Group to Broadcast Its Third Quarter 2008 Conference Call Live on the Internet
CHATTANOOGA, Tenn. -- The Dixie Group, Inc. (NASDAQ:DXYN) today announced that it will provide an online Web simulcast of its third quarter 2008 conference call on Tuesday, October 28, 2008. The Company will release its results for the third quarter and nine months ended September 27, 2008, before the market...
The Dixie Group's Third Quarter Earnings Expected to Decline below Analyst Estimates
CHATTANOOGA, Tenn. -- The Dixie Group, Inc. (NASDAQ:DXYN) today announced that its earnings for the third quarter ended September 27, 2008, will be adversely affected by continuing weakness in the sales of new and existing homes and deteriorating credit conditions. In response to the difficult economic environment, the Company has...
The Dixie Group Reports Second Quarter 2008 Results
CHATTANOOGA, Tenn. -- The Dixie Group, Inc. (NASDAQ:DXYN) today reported financial results for the second quarter and six months ended June 28, 2008. For the second quarter, income from continuing operations was $1,283,000, or $0.10 per diluted share, compared with income from continuing operations of $2,556,000, or $0.20 per diluted...
The Dixie Group to Broadcast Its Second Quarter 2008 Conference Call Live on the Internet
CHATTANOOGA, Tenn. -- The Dixie Group, Inc. (NASDAQ:DXYN) today announced that it will provide an online Web simulcast of its second quarter 2008 conference call on Tuesday, August 5, 2008. The Company will release its results for the second quarter and six months ended June 28, 2008, before the market...
Dixie group seeks change in 2008 lands measure
ST. GEORGE -- Two months after Sen. Bob Bennett, R-Utah, introduced a revised version of the Washington County Growth & Conservation Act to a Senate committee, a local citizens group wants to tweak the legislation. "It is our position that the 2008 bill satisfies citizen priorities in...
The Dixie Group Reports First Quarter 2008 Results
CHATTANOOGA, Tenn. -- The Dixie Group, Inc. (NASDAQ:DXYN) today reported financial results for the first quarter ended March 29, 2008. For the first quarter, income from continuing operations was $82,000, or $0.01 per diluted share, compared with income from continuing operations of $237,000, or $0.02 per diluted share, for the...
The Dixie Group to Broadcast Its First Quarter 2008 Conference Call Live on the Internet
CHATTANOOGA, Tenn. -- The Dixie Group, Inc. (NASDAQ:DXYN) today announced that it will provide an online Web simulcast of its first quarter 2008 conference call on Tuesday, April 29, 2008. The Company will release its results for the first quarter ended March 29, 2008, before the market opens on April...
The Dixie Group Reports Fourth Quarter, Year-End 2007 Results
CHATTANOOGA, Tenn. -- The Dixie Group, Inc. (NASDAQ:DXYN) today reported financial results for the fourth quarter and fiscal year ended December 29, 2007. For the fourth quarter, income from continuing operations was $1,746,000, or $0.14 per diluted share, compared with income from continuing operations of $3,234,000, or $0.25 per diluted...
The Dixie Group to Broadcast Its Year-End 2007 Conference Call Live on the Internet
CHATTANOOGA, Tenn. -- The Dixie Group, Inc. (NASDAQ:DXYN) today announced that it will provide an online Web simulcast of its year-end 2007 conference call on Tuesday, February 26, 2008. The Company will release its results for the fourth quarter and year ended December 29, 2007, before the market opens on...
The Dixie Group Reports Third Quarter, Nine-Month Results
CHATTANOOGA, Tenn. -- The Dixie Group, Inc. (NASDAQ: DXYN) today reported financial results for the third quarter and nine months ended September 29, 2007. For the third quarter, income from continuing operations was $2,239,000, or $0.17 per diluted share, compared with income from continuing operations of $2,703,000, or $0.21 per...
The Dixie Group to Broadcast Its Third Quarter Conference Call Live on the Internet
CHATTANOOGA, Tenn. -- The Dixie Group, Inc. (NASDAQ:DXYN), today announced that it will provide an online Web simulcast of its third quarter 2007 conference call on Tuesday, October 30, 2007. The Company will release its results for the third quarter and nine months ended September 29, 2007, before the market...
The Dixie Group Board Authorizes Stock Repurchase
CHATTANOOGA, Tenn. -- The Dixie Group, Inc. (NASDAQ:DXYN) today announced that its Board of Directors has authorized the repurchase of up to $10.0 million of the Company's outstanding Common Stock. Any repurchases under the Company's stock repurchase program may be made in the open market or through private transactions at...
The Dixie Group Reports Second Quarter, Six-Month Results
CHATTANOOGA, Tenn. -- The Dixie Group, Inc. (NASDAQ: DXYN) today reported financial results for the second quarter and six months ended June 30, 2007. For the second quarter of 2007, income from continuing operations was $2,556,000, or $0.20 per diluted share, compared with income from continuing operations of $1,028,000, or...
The Dixie Group to Broadcast Its Second Quarter Conference Call Live on the Internet
CHATTANOOGA, Tenn. -- The Dixie Group, Inc. (NASDAQ:DXYN) today announced that it will provide an online Web simulcast of its second quarter 2007 conference call on Tuesday, July 31, 2007. The Company will release its results for the second quarter and six months ended June 30, 2007, before the market...
The Dixie Group Restates Financial Results
No Impact on Net Income, Net EPS, Total Cash Flows, Balance Sheets or Stockholders' Equity CHATTANOOGA, Tenn. -- The Dixie Group, Inc. (NASDAQ:DXYN) today reported that the Company had received comments from the Securities and Exchange Commission regarding its Annual Report on Form 10-K for the fiscal year...
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- Revenue (Fiscal Year) $320.7M
- Profit (Fiscal Year) $6.2M
- Incorporated: 1919
- CEO: Mr. Daniel K. Frierson
Dixie Group markets, manufactures and sells carpet and rugs to residential and commercial customers through the Fabrica International, Masland Carpets and Dixie Home brands. Co.'s Fabrica business markets and manufactures residential carpet and custom rugs; its Masland Residential and Masland Contract businesses markets and manufactures specialty carpets and rugs for the residential marketplace and broadloom and modular carpet for the specified commercial marketplace, respectively; while its Dixie Home business markets tufted broadloom residential and commercial carpet. In addition, Co. processes yarns and provides carpet dyeing and finishing services to other carpet manufacturers.
Stock Quote
Board of Directors
Mr. Daniel K. Frierson Chairman
Dr. J. Don Brock
Mr. Paul K. Frierson
Mr. Walter W. Hubbard
Mr. Lowry F. Kline
Mr. John W. Murrey III
Contact Information
104 Nowlin Lane, Suite 101
Chattanooga, TN
423 510-7000
NAICS Code
Carpet and Rug Mills: 314110
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