The Dixie Group Reports on Unusual Trading Activity
June 06 2019 - 4:30PM
The Dixie Group, Inc. (NASDAQ: DXYN) (the
"Company") does not comment normally on unusual trading
activity. However, the Company management wishes to confirm
that it is unaware of any material change in its operations that
would account for today’s unusual trading volume.
The Dixie Group (www.thedixiegroup.com) is a
leading marketer and manufacturer of carpet and rugs to higher end
residential and commercial customers through the Fabrica
International, Masland Carpets, Dixie Home, Atlas | Masland
Contract and Dixie International brands.
Statements in this news release, which relate to
the future, are subject to risk factors and uncertainties that
could cause actual results to differ materially from those
indicated in such forward-looking statements. Such factors
include the possibility that negotiations will not be successful,
that contract terms will not be as expected, and that levels of
demand for the products produced by the Company will change.
Other factors that could affect the Company's results include, but
are not limited to, raw material and transportation costs related
to petroleum prices, the cost and availability of capital, and
general economic and competitive conditions related to the
Company's business. Issues related to the availability and price of
energy may adversely affect the Company's operations.
Additional information regarding these and other risk factors and
uncertainties may be found in the Company's filings with the
Securities and Exchange Commission.
CONTACT: |
Jon
Faulkner |
|
Chief Financial Officer |
|
706-876-5814 |
|
jon.faulkner@dixiegroup.com |
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