---
schema_version: "secwatch.filing_event.v1"
accession: "0000029332-23-000062"
form_type: "8-K"
ticker: "DXYN"
cik: "0000029332"
company_name: "DIXIE GROUP INC"
filed_at: "2023-06-06T23:59:59+00:00"
generated_at: "2026-06-14T06:54:38.016158+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "medium"
source: SEC EDGAR
---

# Dixie Group enters sale-leaseback of Adairsville distribution facility; Q3 close expected

## Summary
- Agreement for sale-leaseback of Adairsville, GA facility; closing expected Q3 2023, subject to purchaser inspection and approval.
- Proceeds to significantly reduce debt and increase availability under existing credit lines.
- Company expects to recognize a significant gain on net income upon closing.
- Other terms of the agreement not disclosed.

## SEC filing metadata
- accession: 0000029332-23-000062
- form_type: 8-K
- ticker: DXYN
- cik: 0000029332
- company_name: DIXIE GROUP INC
- filed_at: 2023-06-06T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: medium
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/29332/000002933223000062/0000029332-23-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/29332/000002933223000062/dxyn-20230606.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000029332-23-000062
- JSON: https://secwatch.observer/filing/0000029332-23-000062.json
- Plain text: https://secwatch.observer/filing/0000029332-23-000062.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
