{"schema_version":"secwatch.filing_event.v1","accession":"0000029332-24-000032","form_type":"8-K","ticker":"DXYN","cik":"0000029332","company_name":"DIXIE GROUP INC","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.502711+00:00","generated_at":"2026-06-03T01:00:46.492539+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Dixie Group Q1 net sales down 2.7% to $65.3M; posts operating loss of $857K","bullets":["Net loss from continuing ops of $2.41M ($0.16/sh) vs $1.55M ($0.11/sh) in Q1 2023.","Gross margin fell to 24.2% from 26.6% due to under absorbed fixed costs on lower volume.","Board approved stock repurchase of up to $2.8M of common stock.","New nylon extrusion line began operations; company targets $10M in cost savings in 2024.","Q2 first four weeks net sales up ~4% YoY; order entry down ~8% YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0000029332-24-000032","json":"https://secwatch.observer/filing/0000029332-24-000032.json","markdown":"https://secwatch.observer/filing/0000029332-24-000032.md","text":"https://secwatch.observer/filing/0000029332-24-000032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/29332/000002933224000032/0000029332-24-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/29332/000002933224000032/dxyn-20240502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T01:00:46.492539+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":"ddecca94fe0ee0432b5789c52ce24128b4a66762","claim":"DIXIE GROUP INC reported first quarter ended March 30, 2024 results: revenue $65,254,000, net income net loss from continuing operations in the first quarter of 2024 was $2,410,000, EPS $0.16 per diluted share.","evidence_excerpt":"(May 2, 2024) -- The Dixie Group, Inc. (NASDAQ: DXYN) today reported financial results for the quarter ended March 30, 2024. • Net sales in the first quarter of 2024 were $65.3 million compared to $67.1 million in the same period of the prior year • The gross profit margin for the three months of the first quarter of 2024 was 24.2% of net sales compared to","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/29332/000002933224000032/0000029332-24-000032-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 30, 2024"},{"label":"Revenue","value":"$65,254,000"},{"label":"Net income","value":"net loss from continuing operations in the first quarter of 2024 was $2,410,000"},{"label":"EPS","value":"$0.16 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"}