{"schema_version":"secwatch.filing_event.v1","accession":"0000029332-22-000144","form_type":"8-K","ticker":"DXYN","cik":"0000029332","company_name":"DIXIE GROUP INC","filed_at":"2022-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.122278+00:00","generated_at":"2026-06-22T09:59:23.792734+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Dixie Group Q3 net loss $8.8M ($0.58/sh); consolidation plan targets $25M savings","bullets":["Net sales $71.8M in Q3 2022, down 19.6% from $89.3M in Q3 2021; net loss $8.8M vs net income $6.4M.","Gross margin fell to 17.5% from 27.9% due to higher raw material costs, inflation, and freight.","Plan to consolidate East Coast tufting to Eton, GA and relocate LVF distribution; expects ~$25M annual savings.","Headcount down 20% year-to-date; lost ~$8M in sales from largest mass merchant customer.","Early Q4 order entry running below prior year levels."],"urls":{"canonical":"https://secwatch.observer/filing/0000029332-22-000144","json":"https://secwatch.observer/filing/0000029332-22-000144.json","markdown":"https://secwatch.observer/filing/0000029332-22-000144.md","text":"https://secwatch.observer/filing/0000029332-22-000144.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/29332/000002933222000144/0000029332-22-000144-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/29332/000002933222000144/a8kq32022pressrelease.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T09:59:23.792734+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6975da863c1f47dfa20ae74647f2f12a90815a94","claim":"DIXIE GROUP INC reported the nine month period ended September 24, 2022 results: revenue $233,034,000, net income net loss of $16,624,000, EPS $1.09 per diluted share.","evidence_excerpt":"Net sales from continuing operations for the nine month period ending September 24, 2022 were $233,034,000, a decrease of 7.5% from the net sales of $252,022,000 in the same period of the previous year. The net loss for the nine month period ended September 24, 2022 was $16,624,000 or $1.09 per diluted share compared to a net income of $7,754,000 or $0.49 per diluted share in the nine month period ended September 25, 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/29332/000002933222000144/0000029332-22-000144-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the nine month period ended September 24, 2022"},{"label":"Revenue","value":"$233,034,000"},{"label":"Net income","value":"net loss of $16,624,000"},{"label":"EPS","value":"$1.09 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e5fd65a10ca892ca52e0598c0a572ae5b614f044","claim":"DIXIE GROUP INC reported the quarter ended September 24, 2022 results: revenue $71,762,000, net income net loss of $8,780,000, EPS $0.58 per diluted share.","evidence_excerpt":"For the third quarter of 2022, the Company had net sales from continuing operations of $71,762,000 and a net loss of $8,780,000 or $0.58 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/29332/000002933222000144/0000029332-22-000144-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 24, 2022"},{"label":"Revenue","value":"$71,762,000"},{"label":"Net income","value":"net loss of $8,780,000"},{"label":"EPS","value":"$0.58 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}