Filing Flows › Dixie Group (DXYN) › Q1 2025
Dixie Group (DXYN) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
Dixie Group (DXYN) reported revenue of $63.0M for the first quarter 2025 (Q1 2025), -3% from a year earlier and -2% from the quarter before. Operating margin was 0.0%, net loss $1.7M (2.7% of revenue).
Dixie Group, Q1 2025: revenue $63.0M (-4% year over year), operating margin 0.0%, net loss $1.7M, operating cash flow $7.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $63.0M | -2% | -3% |
| Operating profit | $11K | — | — |
| Net earnings | −$1.7M | — | — |
| Operating cash flow | $7.6M | +83% | — |
| Free cash flow | $7.5M | +90% | — |
What changed
Revenue was $63.0M in Q1 2025, down 3% year over year and down 2% from the previous quarter. Residential floorcovering products was the largest line at 98% of revenue. Residential floorcovering products lost $2.3M year over year (down 4%), 102% of the total change.
Gross margin was 26.8%, up 2.6 points from a year earlier. Operating profit was $11K, a 0.0% margin (up 1.3 points year over year). Operating expenses grew 1% against a revenue fall of 3%. The quarter ended with a net loss of $1.7M, narrower than the previous quarter's $7.2M loss. Net interest and other expense of $1.7M was the main reason.
Operating cash flow was $7.6M. Non-cash charges added back $1.4M of depreciation and amortization and $101K of share-based compensation. Working capital and other items added $7.8M. Capital expenditures of $74K left free cash flow of $7.5M.
Questions
What was Dixie Group's revenue in the first quarter 2025?
Dixie Group (DXYN) reported revenue of $63.0M for the first quarter 2025 (Q1 2025), -3% from a year earlier and -2% from the quarter before.
Was Dixie Group profitable in the first quarter 2025?
Operating profit was $11K (0.0% of revenue) and net loss $1.7M.
Source: Dixie Group 10-Q on SEC EDGAR.