{"schema_version":"secwatch.filing_event.v1","accession":"0000029332-23-000010","form_type":"8-K","ticker":"DXYN","cik":"0000029332","company_name":"DIXIE GROUP INC","filed_at":"2023-03-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.572074+00:00","generated_at":"2026-06-18T16:23:26.914437+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Dixie Group reports FY2022 net loss of $35.1M; sales down 11% to $304M","bullets":["Net sales $303.6M vs $341.2M in 2021; net loss $35.1M vs net income $1.6M.","Loss from continuing ops $33.4M; gross margin fell to 17.7% from 22.6%.","Debt increased $22.2M to fund operations and restructuring; borrowing availability $15.3M.","East coast consolidation cut 24% of associates; expects annual savings >$25M.","Lost ~$23M sales from largest mass merchant customer; order entry in early 2023 less than 5% below prior year."],"urls":{"canonical":"https://secwatch.observer/filing/0000029332-23-000010","json":"https://secwatch.observer/filing/0000029332-23-000010.json","markdown":"https://secwatch.observer/filing/0000029332-23-000010.md","text":"https://secwatch.observer/filing/0000029332-23-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/29332/000002933223000010/0000029332-23-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/29332/000002933223000010/dxyn-20230302.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T16:23:26.914437+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":"895025f22ba0f4f33a03d645f580b48dba53d8a7","claim":"DIXIE GROUP INC reported the year ended December 31, 2022 results: revenue $304 million, net income $35.1 million.","evidence_excerpt":"Net sales for the fiscal year of 2022 were $304 million, or 11% below the net sales of $341 million in the fiscal year of 2021. • The net loss for the fiscal year end 2022 was $35.1 million with a $33.4 million loss from continuing operations.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/29332/000002933223000010/0000029332-23-000010-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2022"},{"label":"Revenue","value":"$304 million"},{"label":"Net income","value":"$35.1 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c359e7fd7003e2561354a52d8d2ce29be5de8502","claim":"DIXIE GROUP INC reported the fourth quarter of 2022 results: revenue $70,535,000, net income $18,454,000.","evidence_excerpt":"Net sales in the fourth quarter of 2022 were $70,535,000 compared to $89,225,000 in the fourth quarter of the prior year. The net loss on the fourth quarter of 2022 was $18,454,000 with a loss of $17,681,000 from continuing operations.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/29332/000002933223000010/0000029332-23-000010-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2022"},{"label":"Revenue","value":"$70,535,000"},{"label":"Net income","value":"$18,454,000"},{"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"}