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Stock Market & Financial Investment News

News Breaks
September 12, 2012
10:02 EDTDXYNDixie Group says conducting due diligence on potential acquisition of facility
The Dixie Group announced that the company is engaged in due diligence designed to determine whether and to what extent a continuous dyeing facility located in Calhoun, Georgia, owned by Milliken & Company, could serve Dixie’s needs for continuous dyeing. The process of due diligence is nearing completion, and the company expects to make a decision regarding a potential acquisition of the facility in the near future.
News For DXYN From The Last 14 Days
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October 30, 2014
10:02 EDTDXYNOn The Fly: Analyst Downgrade Summary
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05:56 EDTDXYNDixie Group downgraded to Outperform from Strong Buy at Raymond James
Raymond James downgraded Dixie Group to Outperform following the Q3 report citing lack of a near-term catalyst.
October 29, 2014
08:23 EDTDXYNDixie Group says housing and commercial markets still growing in 2014, 2015
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08:21 EDTDXYNDixie Group to consolidate east coast distribution facilities in 2014, 2015
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07:45 EDTDXYNDixie Group sees FY14 operational CapEx $20.9M
The company said, "For FY14, we anticipate operational capital expenditures of $20.9M, purchase of the Adairsville warehouse of $9.8M and conversion of operating leases to capital leases of $2M. Our planned capital expenditures for FY15 are in the range of $14M. We anticipate Atlas sales to pick up in FY15 as new product introductions are released later this year."
07:35 EDTDXYNDixie Group reports Q3 adjusted EPS from cont. ops. 8c, consensus 11c
Reports Q3 revenue $109.4M, consensus $110.4M

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