DXYN - The Dixie Group: The Restructuring Process Is Yielding Results
- The divestment of the commercial segment is allowing the company to improve profit margins.
- Net income is again positive after seven years of serious difficulties.
- Restructuring efforts are starting to show improvements, and the company is finally deleveraging its balance sheet.
- Introducing higher-end products in a faster-growing market should help sales and margins to stay healthy.
- Investors' pessimism is leaving an opportunity open to the most patient investors as share prices are ~76% lower from 2014.
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The Dixie Group: The Restructuring Process Is Yielding Results