---
schema_version: "secwatch.filing_event.v1"
accession: "0000029332-24-000046"
form_type: "8-K"
ticker: "DXYN"
cik: "0000029332"
company_name: "DIXIE GROUP INC"
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:23:20.327618+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Dixie Group Q2 net income $0.7M vs loss prior year; sublease adds $1.8M annual income

## Summary
- Net sales $70.5M down ~4.7% YoY; gross margin improved to 28.1% from 26.7%.
- Operating income $2.3M vs $0.3M prior year; net income $0.7M ($0.04 EPS) vs net loss $1.6M.
- Signed 10-year sublease for Saraland, AL warehouse; gross value $23.3M, annual other income ~$1.8M.
- On track to reduce costs by over $10M in 2024; new extrusion line and cost savings initiatives driving margins.
- Q3 to-date sales approx 5.5% below prior year period; company cites high interest rates and inflation headwinds.

## SEC filing metadata
- accession: 0000029332-24-000046
- form_type: 8-K
- ticker: DXYN
- cik: 0000029332
- company_name: DIXIE GROUP INC
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/29332/000002933224000046/0000029332-24-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/29332/000002933224000046/dxyn-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000029332-24-000046
- JSON: https://secwatch.observer/filing/0000029332-24-000046.json
- Plain text: https://secwatch.observer/filing/0000029332-24-000046.txt

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