Here are the 10-K annual reports from Dixie Group Inc (DXYN) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow DXYN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DXYN filings page.
The Dixie Group, Inc. reports a 2025 net loss of $7.6 million on net sales of $257.4 million, an improvement from a $13.0 million loss in 2024. Sales fell 2.9%, but gross margin rose to 27.0% as lower raw material costs and cost reductions lifted operating income slightly into positive territory.
The company faces significant risk from its capital structure and liquidity. It ended 2025 with $72.5 million of debt, including $52.7 million under a senior credit facility classified as current, and management acknowledges substantial doubt about its ability to continue as a going concern without successfully executing profit improvements and additional financing.
Dixie was delisted from Nasdaq in 2024 and now trades on the OTCQB, which may constrain access to capital. Interest expense increased 14.6% due to higher rates, and 87% of debt carries floating rates. The company is addressing PFAS-related litigation with settlements and recorded an immaterial liability, but other suits remain. Management also reports a material weakness in internal control over financial reporting, meaning controls were not effective at year-end.