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The Dixie Group 2021 Q1 Earnings Release and Conference Call


The Dixie Group 2021 Q1 Earnings Release and Conference Call
DALTON, GA / ACCESSWIRE / May 14, 2021 / You are invited to participate in a conference call with the management of THE DIXIE GROUP, INC (NASDAQ:DXYN) regarding results for 2021 First Quarter Earnings Release on Tuesday, May 18th, 2021 at 2:00 p.m. Eastern Time.
To participate in the conference call scheduled for
Tuesday, May 18th, 2021 at 2:00 p.m. ET, dial in information as follows:
877-407-0989
Conference ID No. 13719890
To listen only to the call, an Internet simulcast and replay of Dixie s conference call may be accessed with appropriate software on the Investor Relations page of the Company s website, https://investor.dixiegroup.com. ....

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The Dixie Group Reports Financial Results for 2020


The Dixie Group Reports Financial Results for 2020
DALTON, GA / ACCESSWIRE / March 4, 2021 / The Dixie Group, Inc. (NASDAQ:DXYN) today reported financial results for the year ended December 26, 2020.
Despite the unprecedented challenges faced in the COVID-19 pandemic affected year of 2020, we were able to improve our operations, and further strengthen our balance sheet to better position our Company as we entered 2021 with momentum and optimism.
We reduced debt by $10 million in 2020 bringing our total debt reduction to $60 million over the last thirty months.
We entered into a new $75 million line of credit and two long term loans totaling $25 million. These transactions, along with cost reductions and operating efficiencies in 2020, allowed us to end the year with borrowing availability of $43.3 million under our new Senior Revolving Credit Facility. ....

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