Dixie | 8-K: FY2025 Q2 Revenue: USD 68.57 M

Revenue: As of FY2025 Q2, the actual value is USD 68.57 M.

EPS: As of FY2025 Q2, the actual value is USD 0.08.

Gross Profit Margin

• The gross profit margin for the second quarter of 2025 was 29.2% of net sales, compared to 28.1% in the second quarter of 2024.

Operating Income

• Operating income in the second quarter of 2025 was $3.2 million, compared to $2.3 million in the second quarter of the prior year.

Net Income

• The company reported a net income of $1.2 million in the second quarter of 2025, compared to a net income of $0.6 million in the same period of the prior year.

Net Sales

• For the second quarter of 2025, net sales were $68,573,000, compared to $70,507,000 in the same quarter of 2024.

Operating Margin

• The operating margin in the second quarter of 2025 was 29.2%, comparing favorably to the operating margin in the second quarter of the prior year at 28.1%.

Selling and Administrative Expenses

• Selling and administrative expenses were $16.8 million in the second quarter of 2025, compared to $17.4 million in the second quarter of the prior year.

Cash Flow

• Cash and cash equivalents at the end of the second quarter of 2025 were $4.4 million, with restricted cash at $4.3 million.

Debt and Interest Expense

• Interest expense was $1.9 million in the second quarter of 2025, compared to $1.6 million in the second quarter of 2024.
• Debt increased by $1.1 million in the first six months of 2025.

Unique Metrics

• The company launched five new soft surface introductions during the second quarter across all three of its brands, featuring differentiated patterns made with white dyeable EnVision Nylon.
• In the hard surface segment, there was over 10% growth in year-over-year net sales of Fabrica wood products.

Outlook / Guidance

• The company expects TRUCOR to return to being a growing segment with key collections launching during the second half of 2025.
• Despite strong second quarter results, the industry continues to be negatively impacted by inflationary pressures, high interest rates, and low consumer confidence.
• The company believes it has taken appropriate actions through cost reductions and operational improvements to manage through slower periods and optimize returns as market conditions improve.