Dixie Group Q1 net loss narrows to $1.6M; new $75M credit facility closed

DIXIE GROUP INC

2025-Q1 EPS reported -$0.12 revenue$62,990,000

Net sales $62.99M, down 3.5% YoY from $65.25M; operating income $11K vs loss $857K.
Net loss from continuing ops $1.58M ($0.11/diluted) vs loss $2.41M ($0.16) prior year.
Gross margin improved to 26.8% from 24.2% on cost reductions and efficiencies.
Closed new $75M senior revolving credit facility with MidCap Financial, three-year term.
Debt increased $2.3M; unused borrowing availability $12M with $6M minimum excess.

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