The Dixie Group, Inc. is engaged in marketing, manufacturing and selling carpets and rugs to residential and commercial customers through the Fabrica International, Masland Carpets and the Dixie Home brands. A portion of its manufacturing capacity is used to process yarns and provides carpet dyeing and finishing services to other carpet manufacturers. It operates in a single line of business, Carpet Manufacturing.
The stock is an out-performer with an average yearly return of 75%. After last month’s excessive price explosion, the share is now rather expensive. We consider the stock as a ‘HOLD’.
And now it is:[stock-tools exchange=”NYSE” symbol=”DXYN” image_height=”100″ image_width=”150″]