US EditionThe Dixie Group Reports Results for First Quarter of 2025 and New $75 Million Senior Credit Facility
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The Dixie Group Reports Results for First Quarter of 2025 and New $75 Million Senior Credit Facility
The Dixie Group (OTCQB:DXYN) reported its Q1 2025 financial results and secured a new $75 million senior credit facility. Net sales decreased 3.5% to $62.99 million compared to $65.25 million in Q1 2024. Despite lower sales, gross margins improved to 26.8% from 24.2% year-over-year. The company posted an operating income of $11,000, compared to an operating loss of $857,000 in Q1 2024. Net loss from continuing operations was $1.58 million ($0.11…
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