DXYN on OTC
DIXIE GROUP INC
American carpets and rugs company, incorporated in Tennessee. Summary from the record
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Last updated Oct 19, 2026.
Overview
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- TickerDXYN on OTC1
- IndustryCarpets & Rugs1
- HeadquartersDalton, Georgia1
- Incorporated inTN3
- Business addressPo Box 2007, Dalton, Ga 307223
- Filer categoryNon-accelerated filer, Smaller reporting company3
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Our business consists principally of marketing, manufacturing and selling floorcovering products to high-end residential customers through our various sales forces and brands. We focus exclusively on the upper-end of the floorcovering market where we believe we have strong brands and competitive advantages with our style and design capabilities and customer relationships. Our Fabrica, Masland, DH Floors and TRUCOR™ brands have a significant presence in the high-end residential floorcovering markets. Our business participates in markets for soft floorcoverings, which include broadloom carpet and rugs, and hard surfaces, which include luxury vinyl flooring (LVF) and engineered wood.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Residential Floorcovering Products brought in 99% of the revenue DIXIE GROUP INC broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Residential Floorcovering Products | $261.1M | $254.2M |
| Service, Other | $3.9M | $3.2M |
Regions
United States brought in 99% of the revenue DIXIE GROUP INC broke down this way in fiscal 2025.
Regions by year
| Regions | 2024 | 2025 |
|---|---|---|
| United States | $261.7M | $254.6M |
| CA [member] | $2.4M | $2.2M |
| Other Countries | $859.0K | $597.0K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue73¢$187.9M
- Selling, general and admin26¢$67.7M
- Other costs1¢$1.8M
- Income tax0¢$73.0K
Out of $257.4M in revenue.2 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| NET SALES | $257.4M | $265.0M |
| Cost of sales | $187.9M | $199.5M |
| GROSS PROFIT | $69.5M | $65.5M |
| Selling and administrative expenses | $67.7M | $69.8M |
| Other operating expense, net | $1.2M | $200.0K |
| Facility consolidation and severance expenses, net | $549.0K | $1.3M |
| OPERATING INCOME (LOSS) | $118.0K | -$5.9M |
| Interest expense | $7.3M | $6.4M |
| Other (income) expense, net | $11.0K | -$7.0K |
| LOSS FROM CONTINUING OPERATIONS BEFORE TAXES | -$7.2M | -$12.2M |
| Income tax provision (benefit) | $73.0K | -$29.0K |
| LOSS FROM CONTINUING OPERATIONS | -$7.3M | -$12.2M |
| Loss from discontinued operations, net of tax | -$340.0K | -$790.0K |
| NET LOSS | -$7.6M | -$13.0M |
| Continuing operations (in dollars per share) | -$0 | -$1 |
| Discontinued operations (in dollars per share) | -$0 | -$0 |
| Net loss (in dollars per share) | -$0.52 | -$0.88 |
| BASIC SHARES OUTSTANDING (in shares) | 14.5M shares | 14.6M shares |
| Continuing operations (in dollars per share) | -$0 | -$1 |
| Discontinued operations (in dollars per share) | -$0 | -$0 |
| Net loss (in dollars per share) | -$0.52 | -$0.88 |
| DILUTED SHARES OUTSTANDING (in shares) | 14.5M shares | 14.6M shares |
| Common stock (in dollars per share) | $0.00 | $0.00 |
| Class B Common Stock (in dollars per share) | $0.00 | $0.00 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $3.2M | $19.0K | |
| Receivables, net of allowances for expected credit losses of $640 and $454 | $23.0M | $23.3M | |
| Inventories, net | $66.4M | $66.9M | |
| Prepaid expenses | $5.4M | $5.6M | |
| TOTAL CURRENT ASSETS | $97.9M | $95.8M | |
| PROPERTY, PLANT AND EQUIPMENT, NET | $29.2M | $33.7M | |
| OPERATING LEASE RIGHT-OF-USE ASSETS | $23.6M | $25.4M | |
| RESTRICTED CASH | $3.9M | $0 | |
| OTHER ASSETS | $19.5M | $19.9M | |
| LONG-TERM ASSETS OF DISCONTINUED OPERATIONS | $1.1M | $1.1M | |
| TOTAL ASSETS | $175.2M | $175.9M | |
| Accounts payable | $22.8M | $14.9M | |
| Accrued expenses | $16.0M | $15.1M | |
| Current portion of long-term debt | $56.6M | $53.8M | |
| Current portion of operating lease liabilities | $4.6M | $3.8M | |
| Current liabilities of discontinued operations | $1.1M | $1.2M | |
| TOTAL CURRENT LIABILITIES | $101.1M | $88.7M | |
| LONG-TERM DEBT, NET | $25.1M | $28.5M | |
| OPERATING LEASE LIABILITIES | $20.2M | $22.3M | |
| OTHER LONG-TERM LIABILITIES | $16.7M | $16.7M | |
| LONG-TERM LIABILITIES OF DISCONTINUED OPERATIONS | $3.3M | $3.4M | |
| TOTAL LIABILITIES | $166.4M | $159.7M | |
| Additional paid-in capital | $160.3M | $159.9M | |
| Accumulated deficit | -$197.3M | -$189.7M | |
| Accumulated other comprehensive income | $268.0K | $286.0K | |
| TOTAL STOCKHOLDERS' EQUITY | $8.8M | $16.2M | $29.3M |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $175.2M | $175.9M | |
| Accounts receivable, allowance for credit | $640.0K | $454.0K | $440.0K |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $3.2M | $19.0K | |
| Receivables, net of allowances for expected credit losses of $640 and $454 | $23.0M | $23.3M | |
| Inventories, net | $66.4M | $66.9M | |
| Prepaid expenses | $5.4M | $5.6M | |
| TOTAL CURRENT ASSETS | $97.9M | $95.8M | |
| PROPERTY, PLANT AND EQUIPMENT, NET | $29.2M | $33.7M | |
| OPERATING LEASE RIGHT-OF-USE ASSETS | $23.6M | $25.4M | |
| RESTRICTED CASH | $3.9M | $0 | |
| OTHER ASSETS | $19.5M | $19.9M | |
| LONG-TERM ASSETS OF DISCONTINUED OPERATIONS | $1.1M | $1.1M | |
| TOTAL ASSETS | $175.2M | $175.9M | |
| Accounts payable | $22.8M | $14.9M | |
| Accrued expenses | $16.0M | $15.1M | |
| Current portion of long-term debt | $56.6M | $53.8M | |
| Current portion of operating lease liabilities | $4.6M | $3.8M | |
| Current liabilities of discontinued operations | $1.1M | $1.2M | |
| TOTAL CURRENT LIABILITIES | $101.1M | $88.7M | |
| LONG-TERM DEBT, NET | $25.1M | $28.5M | |
| OPERATING LEASE LIABILITIES | $20.2M | $22.3M | |
| OTHER LONG-TERM LIABILITIES | $16.7M | $16.7M | |
| LONG-TERM LIABILITIES OF DISCONTINUED OPERATIONS | $3.3M | $3.4M | |
| TOTAL LIABILITIES | $166.4M | $159.7M | |
| Additional paid-in capital | $160.3M | $159.9M | |
| Accumulated deficit | -$197.3M | -$189.7M | |
| Accumulated other comprehensive income | $268.0K | $286.0K | |
| TOTAL STOCKHOLDERS' EQUITY | $8.8M | $16.2M | $29.3M |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $175.2M | $175.9M | |
| Accounts receivable, allowance for credit | $640.0K | $454.0K | $440.0K |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Loss from continuing operations | -$7.3M | -$12.2M |
| Loss from discontinued operations | -$340.0K | -$790.0K |
| Net loss | -$7.6M | -$13.0M |
| Depreciation and amortization | $5.6M | $6.5M |
| Net gain loss on property, plant and equipment disposals | -$95.0K | -$24.0K |
| Impairment of assets | $0 | $238.0K |
| Stock-based compensation expense | $240.0K | $494.0K |
| Expense for expected credit losses | $274.0K | $194.0K |
| Loss on extinguishment of debt | $66.0K | $0 |
| Receivables | $67.0K | $167.0K |
| Inventories | $482.0K | $9.4M |
| Prepaid and other current assets | $252.0K | -$20.0K |
| Accounts payable and accrued expenses | $9.3M | -$618.0K |
| Other operating assets and liabilities | $659.0K | -$496.0K |
| NET CASH PROVIDED BY OPERATING ACTIVITIES | $9.6M | $3.6M |
| NET CASH USED IN OPERATING ACTIVITIES - DISCONTINUED OPERATIONS | -$488.0K | -$394.0K |
| Net proceeds from sales of property, plant and equipment | $125.0K | $60.0K |
| Purchase of property, plant and equipment | -$598.0K | -$2.1M |
| Joint venture capital distributions | $0 | $43.0K |
| NET CASH USED IN INVESTING ACTIVITIES | -$473.0K | -$2.0M |
| Net borrowings (payments) on previous revolving credit facility | -$50.0M | $2.4M |
| Borrowings on current revolving credit facility | $292.8M | $0 |
| Payments on current revolving credit facility | -$240.1M | $0 |
| Payments on notes payable - buildings and other term loans | -$2.1M | -$1.9M |
| Borrowings on notes payable - other | $1.5M | $1.5M |
| Payments on notes payable - other | -$1.8M | -$2.6M |
| Payments on finance leases | -$152.0K | -$70.0K |
| Change in outstanding checks in excess of cash | -$456.0K | $26.0K |
| Repurchases of Common Stock | -$27.0K | -$585.0K |
| Payments for debt issuance costs | -$1.3M | $0 |
| NET CASH USED IN FINANCING ACTIVITIES | -$1.6M | -$1.3M |
| INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | $7.0M | -$60.0K |
| Interest paid | $6.8M | $6.2M |
| Income taxes paid, net of (tax refunds) | $14.0K | $94.0K |
| Right-of-use assets obtained in exchange for new operating lease | $3.0M | $411.0K |
| Equipment purchased under finance leases | $0 | $395.0K |
| Deposits utilized on purchased equipment, net | $0 | $6.5M |
No quarter-by-quarter statement was filed.
Leadership
Who has led DIXIE GROUP INC, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
- Chief executive officerDaniel K. Frierson Jan 3, 2006 to now15
- ChairDaniel K. Frierson Jan 3, 2006 to now15
- PresidentPaul B. Comiskey Feb 23, 2007 to Feb 23, 200716
- Chief financial officerAllen L. Danzey Feb 28, 2020 to now17
- Chief financial officerGary A. Harmon Feb 6, 2006 to Sep 8, 200918
Board members and other officers (23)
- VP Human ResourcesDaniel M. Phelan Jul 3, 2025 to now19
- Executive Vice PresidentThomas Martin Nuckols Mar 10, 2017 to now20
- VP - Pres Masland ContractDavid E. Hobbs Sep 22, 2016 to Mar 13, 201921
- VP-President Masland ContractVinson Lee Martin Feb 15, 2013 to Aug 23, 201622
- VP & Pres - Dixie HomePaul B. Comiskey Mar 3, 2008 to Mar 13, 201823
- VP and President FabricaCraig S. Lapeere Mar 6, 2007 to Mar 10, 200924
- Vice President, MarketingDavid E. Polley Mar 6, 2007 to Sep 8, 200925
- Vice President-ManufacturingTerry W. Clark Aug 9, 2007 to Mar 16, 201126
- ControllerD. Eugene Lasater Feb 6, 2006 to Sep 2, 201527
- VP - ManufacturingD. Wayne Pattillo Feb 6, 2006 to May 25, 200728
- VP and Pres of Masland CommercKenneth L. Dempsey Feb 6, 2006 to Mar 14, 201229
- VP - Human ResourcesW. Derek Davis Feb 6, 2006 to now30
- SecretaryStarr T. Klein Jun 6, 2006 to Mar 30, 201531
- Vice PresidentChristopher N. Riley Nov 16, 2006 to May 4, 200732
- Board memberMichael L. Owens Jan 24, 2014 to now33
- Board memberWilliam F. Blue Jr. Oct 24, 2014 to now34
- Board memberCharles E. Brock May 2, 2012 to now35
- Board memberHilda S. Murray May 2, 2012 to now36
- Board memberWalter W. Hubbard Jan 18, 2006 to May 7, 201837
- Board memberPaul K. Frierson Mar 22, 2006 to May 2, 201338
- Board memberJ. Don Brock May 4, 2006 to May 1, 201439
- Board memberJohn W. Murrey Iii. May 4, 2006 to May 3, 201740
- Board memberLowry F. Kline May 4, 2006 to May 4, 202341
Former names
- DIXIE YARNS INCMar 25, 1994 to Feb 12, 19973
Timeline
- Jan 3, 2006New chief executive Daniel K. Frierson becomes CEO15
Filings
179 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 67 major events, 67 insider forms, 15 large holders, 10 other. The latest 20:
- Aug 6, 202610-Q EDGAR
- Aug 6, 20268-K EDGAR
- Aug 6, 20268-K EDGAR
- May 27, 2026SCHEDULE 13G EDGAR
- May 26, 2026SCHEDULE 13D EDGAR
- May 11, 202610-Q EDGAR
- May 11, 20268-K EDGAR
- May 11, 20268-K EDGAR
- May 7, 20264 EDGAR
- May 7, 20264 EDGAR
- May 7, 20264 EDGAR
- May 7, 20264 EDGAR
- May 7, 20268-K EDGAR
- Apr 1, 20264 EDGAR
- Apr 1, 20264 EDGAR
- Apr 1, 20264 EDGAR
- Apr 1, 20264 EDGAR
- Mar 26, 2026DEF 14A EDGAR
- Mar 26, 202610-K EDGAR
- Mar 26, 20268-K EDGAR
The 179 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
1 open-market trades by officers, directors and large owners since October 2021: 1 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Nov 16, 2022 | KLINE LOWRY FDirector | Buy | 10,000 | $1.00 | $10.0K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Barry W. BlankSCHEDULE 13G, 1 filing May 27, 202642
- FRIERSON DANIEL KSCHEDULE 13D, 1 filing May 26, 202643
- Robert Evans ShawSCHEDULE 13G/A, 1 filing Feb 19, 202644
- Jeffrey L. GendellSC 13G/A, 2 filings Feb 11, 2022 to Feb 13, 202445
- ROYCE & ASSOCIATES LPSC 13G/A, 2 filings Jan 14, 2022 to Jan 31, 202346
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Huntington National Bank | 1 | $0 | 0.0% | No change |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARDIXIE GROUP INC filings on SEC EDGAR
- 2SEC EDGARDIXIE GROUP INC 10-K for fiscal 2025
- 3SEC EDGARDIXIE GROUP INC filings on SEC EDGAR
- 4
- 5SEC EDGARDIXIE GROUP INC 10-K for fiscal 2018
- 6SEC EDGARDIXIE GROUP INC 10-K for fiscal 2020
- 7SEC EDGARDIXIE GROUP INC 10-K for fiscal 2021
- 8SEC EDGARDIXIE GROUP INC 10-K for fiscal 2022
- 9SEC EDGARDIXIE GROUP INC 10-K for fiscal 2023
- 10SEC EDGARDIXIE GROUP INC 10-Q for fiscal 2025
- 11SEC EDGARDIXIE GROUP INC 10-Q for fiscal 2025
- 12SEC EDGARDIXIE GROUP INC 10-Q for fiscal 2026
- 13SEC EDGARDIXIE GROUP INC 10-K for fiscal 2018
- 14SEC EDGARDIXIE GROUP INC 10-Q for fiscal 2025
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- 16SEC EDGARPaul B. Comiskey, President
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- 19SEC EDGARDaniel M. Phelan, VP Human Resources
- 20
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- 27SEC EDGARD. Eugene Lasater, Controller
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- 30SEC EDGARW. Derek Davis, VP - Human Resources
- 31SEC EDGARStarr T. Klein, Secretary
- 32SEC EDGARChristopher N. Riley, Vice President
- 33SEC EDGARMichael L. Owens, Board member
- 34SEC EDGARWilliam F. Blue Jr., Board member
- 35SEC EDGARCharles E. Brock, Board member
- 36SEC EDGARHilda S. Murray, Board member
- 37SEC EDGARWalter W. Hubbard, Board member
- 38SEC EDGARPaul K. Frierson, Board member
- 39SEC EDGARJ. Don Brock, Board member
- 40SEC EDGARJohn W. Murrey Iii., Board member
- 41SEC EDGARLowry F. Kline, Board member
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