Winn-Dixie expands Amazon return kiosks to 68 additional stores across Florida Share Expansion builds on pilot success to enhance convenience for more Florida customers Nov 18, 2025 11:01 AM Eastern Standard Time Winn-Dixie is expanding its popular in-store Amazon return kiosks to 68 additional locations across 23 Florida counties, giving even more customers a convenient, hassle-free way to return Amazon packages while they shop for groceries. JACKSONVILLE, Fla.--(BUSINESS WIRE)--Winn-Dixie is expanding its ...

Financial Data and Key Metrics Changes - For Q3 2025, the company reported net sales of $62.4 million, a decrease from $64.9 million in Q3 2024, indicating a decline of approximately 3.9% year-over-year [2] - The operating loss for Q3 2025 was $2.0 million, slightly improved from an operating loss of $2.1 million in Q3 2024 [2] - The net loss from continuing operations was $4.0 million, or $0.28 per diluted share, compared to a net loss of $3.7 million, or $0.26 per diluted share in the same quarter of the previous year [2] - Gross margins were reported at 24.8%, slightly up from 24.6% in Q3 2024, while year-to-date margins improved to 27% from 25.7% [4] Business Line Data and Key Metrics Changes - Soft surface net sales were down less than 1% year-over-year, outperforming the industry which declined approximately 4% in Q3 [11] - The hard surface segment saw net sales increase over 17% year-over-year for the first nine months [12] - The company introduced new products in the third quarter, including two new Duracil polyester carpet styles and six new decorative carpet styles, contributing to positive growth in high-end segments [11] Market Data and Key Metrics Changes - The flooring industry has faced a downturn, with a reported 30% decline in units over the past three years due to low home sales and high housing prices [9] - The company noted that residential remodeling is a primary driver of sales, as flooring is often replaced before homes are listed or after purchase [9] Company Strategy and Development Direction - The company has implemented a profit improvement plan aiming for $10 million in cost reductions, with 90% of the plan expected to be in place by year-end [10] - The focus remains on high-end customer service, design-focused product introductions, and operational excellence to navigate industry challenges [12] - The company has reduced costs by nearly $60 million over the past three years through restructuring and operational efficiencies [9] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the impact of declining interest rates and higher home prices on flooring purchases [13] - The company is closely monitoring market conditions and is prepared to take additional financing actions if necessary [22] - Management highlighted the importance of managing working capital and minimizing capital expenditures to maintain liquidity [10][22] Other Important Information - The company has entered into a memorandum of understanding to settle two PFAS-related lawsuits, with an estimated liability recorded in Q3 results [12][13] - Legal expenses related to these lawsuits are included in administrative expenses, and some of these costs are not expected to recur in the next quarter [19][20] Q&A Session Summary Question: Impact of price increases on future quarters - Management indicated that the price increases implemented in late September and October would have a muted impact in Q4 but are expected to contribute approximately $6 million in the following year [16] Question: Performance trends in September and October - Management noted that their business typically strengthens in October, with a run rate 12% above Q3, aligning closely with the previous year [17] Question: Clarification on cost reductions - The $10 million in cost reductions mentioned is incremental to previous reductions and includes the impact of price increases [18] Question: Liquidity and financing strategies - Management expressed comfort with current liquidity levels but is considering additional financing options to cushion against potential market fluctuations [21][22]

Financial Performance - For Q3 2025, net sales were $62.4 million, a decrease of 3.9% from $64.9 million in Q3 2024[2] - The operating loss for Q3 2025 was $2.025 million, slightly improved from a loss of $2.107 million in Q3 2024[2] - The net loss from continuing operations for Q3 2025 was $3.998 million, or $0.28 per diluted share, compared to a net loss of $3.729 million, or $0.26 per diluted share in Q3 2024[2] - For the first nine months of 2025, net sales totaled $193.9 million, down 3.3% from $200.6 million in the same period of 2024[3] Cost Management - The company implemented a profit improvement plan targeting over $10 million in cost reductions and operational efficiencies for FY 2026[5] - Selling and administrative expenses decreased by 6.8% year over year to $16.4 million in Q3 2025, representing 26.2% of net sales[12] Sales Growth - The average weekly order entry rate for the first month of Q4 2025 was 12% higher than the average rate in Q3 2025[4] - The DuraSilk™SD collection showed strong growth, contributing to market share gains in the polyester segment[7] - In the hard surface segment, net sales for the Fabrica wood program increased by 7.4% year over year for the first nine months of 2025[8] Legal Matters - The company recorded an estimated liability for proposed settlements related to PFAS lawsuits during Q3 2025[14]

Core Points - The Dixie Group, Inc. will hold a conference call to discuss its 2025 Third Quarter Earnings Release [1] Company Information - The conference call is scheduled for Wednesday, November 12, 2025, at 10:30 a.m. Eastern Time [1]

Financial Data and Key Metrics Changes - The gross profit margin for Q2 2025 was 29.2% of sales, an increase from 28.1% in Q2 2024 [2][3] - Operating income in Q2 2025 was $3.2 million, compared to $2.3 million in the same period of the prior year [2] - Net income for Q2 2025 was $1.2 million, up from $600,000 in Q2 2024 [3] - Selling and administrative expenses decreased by $600,000 or 3.4% year over year [5] Business Line Data and Key Metrics Changes - Soft surface sales remained relatively flat year over year, while the industry experienced a decline of approximately 7% [4] - The DuraSilk collection in soft surface products continued to gain market share, contributing to strong sales in decorative products [4][12] - The hard surface business, particularly the high-end Fabrica wood program, saw growth of nearly 10% in Q2 [11] Market Data and Key Metrics Changes - The flooring industry faced weak market conditions due to high interest rates and low consumer confidence, impacting sales negatively [4][10] - Existing home sales declined to approximately 4 million units, contributing to the challenging environment [10] Company Strategy and Development Direction - The company has implemented a cost reduction plan aimed at saving $12.6 million for the year, with approximately half achieved in the first six months [3][28] - Investments have been made in growth initiatives, particularly in hard surfaces and decorative offerings, to enhance market share [11][12] - The company is focused on maintaining selling and marketing expenses to support new product introductions [5] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the ongoing challenges in the flooring business but expressed optimism about future market improvements as consumer confidence and mortgage rates are expected to eventually rise [15] - The company believes it is well-positioned to take advantage of market dynamics when conditions improve, citing historical trends following economic downturns [15][16] Other Important Information - The net inventory balance at the end of Q2 2025 was $67.4 million, down from $76.1 million in the same period of the previous year [7] - The company plans to maintain capital expenditures at approximately $800,000 for 2025 [9] Q&A Session Summary Question: Impact of interest rate drops on sales - Management indicated that while a reduction in mortgage interest rates would positively impact sales, a definitive percentage increase could not be provided [18] Question: Lag time for sales increase after interest rate drops - Management acknowledged a lag time, noting that consumer confidence would also play a significant role in the speed of recovery [19] Question: Impact of tariffs on gross margin - Management confirmed that approximately 85% of sales are not impacted by tariffs, and price increases implemented have covered the costs associated with tariffs [22][23] Question: Cost of goods sold and raw material inputs - Management reported no inflation in raw materials yet, with some reductions helping to improve gross margins [25] Question: Incremental savings from cost savings program - Management anticipates achieving the planned $12.6 million in savings, with approximately half already realized [28][29] Question: Performance of hard flooring business - Management noted that the high-end wood segment performed well, while the luxury vinyl tile products faced more challenges due to competition [30][31]

[The Dixie Group Q2 2025 Earnings Release](index=1&type=section&id=The%20Dixie%20Group%20Q2%202025%20Earnings%20Release) [Financial Highlights](index=1&type=section&id=Financial%20Highlights) The company reported slightly lower sales but significantly improved operating and net income for Q2 2025, driven by better margins and cost controls Q2 2025 vs Q2 2024 Performance | Metric | Q2 2025 | Q2 2024 | Change | | :--- | :--- | :--- | :--- | | Net Sales | $68,573,000 | $70,507,000 | -2.7% | | Operating Income | $3,189,000 | $2,295,000 | +38.9% | | Net Income (Continuing Ops) | $1,254,000 | $667,000 | +88.0% | | Diluted EPS (Continuing Ops) | $0.08 | $0.04 | +100.0% | First Half 2025 vs First Half 2024 Performance | Metric | H1 2025 | H1 2024 | Change | | :--- | :--- | :--- | :--- | | Net Sales | $131,563,000 | $135,761,000 | -3.1% | | Operating Income | $3,200,000 | $1,437,000 | +122.7% | | Net Loss (Continuing Ops) | ($328,000) | ($1,743,000) | +81.2% improvement | | Diluted EPS (Continuing Ops) | ($0.02) | ($0.12) | +83.3% improvement | [Management Commentary and Business Operations](index=1&type=section&id=Management%20Commentary%20and%20Business%20Operations) Management attributes strong Q2 profitability to cost reductions, with soft surface sales outperforming the market despite challenges in hard surfaces [Overall Performance and Cost Management](index=1&type=section&id=Overall%20Performance%20and%20Cost%20Management) The company achieved a **$1.2 million net income** in Q2, driven by improved margins and a **$12.6 million** annual cost reduction plan - Achieved a net income of **$1.2 million** in the second quarter, despite lower year-over-year sales volume[4](index=4&type=chunk) - Operating margins improved to **29.2% of net sales** compared to 28.1% in the same quarter of the prior year[4](index=4&type=chunk) - A cost reduction plan is currently estimated to produce **$12.6 million in reduced spending** year over year, contributing to favorable results[4](index=4&type=chunk) [Segment Performance and Product Launches](index=1&type=section&id=Segment%20Performance%20and%20Product%20Launches) Soft surface sales outperformed the declining market, while hard surface growth in wood was offset by challenges in the TRUCOR® segment - Soft surface sales were relatively flat year-over-year, outperforming the broader industry which is believed to have **declined by 7%**[5](index=5&type=chunk) - Key growth drivers in soft surfaces included the **DuraSilk™ SD collection** and the high-end decorative segment[5](index=5&type=chunk) - The hard surface segment experienced **over 10% year-over-year growth** in net sales of Fabrica wood products, but the TRUCOR® segment faced challenges due to low inventory and supply chain issues[8](index=8&type=chunk) - The company launched **five new soft surface introductions** and **five new hard surface collections** during the second quarter to stimulate sales[6](index=6&type=chunk)[9](index=9&type=chunk) [Marketing and Outlook](index=2&type=section&id=Marketing%20and%20Outlook) The company is leveraging digital marketing and cost controls to navigate market headwinds while preparing for future demand - Continued digital marketing partnerships with Roomvo and Broadlume are showing promising results in lead generation, online sample ordering, and room visualizations[10](index=10&type=chunk) - Management acknowledges that the industry continues to be negatively impacted by **inflationary pressures, high interest rates, and low consumer confidence**[11](index=11&type=chunk) - The company believes it has taken appropriate actions through cost reductions and operational improvements to manage the current slowdown and optimize returns when market conditions improve[11](index=11&type=chunk) [Detailed Financial Analysis](index=2&type=section&id=Detailed%20Financial%20Analysis) Improved operating margins and lower expenses boosted profitability, while the balance sheet reflects stable inventory and adequate liquidity [Profitability Analysis](index=2&type=section&id=Profitability%20Analysis) Q2 operating margin improved to **29.2%** due to efficiencies and cost reductions, with selling and administrative expenses also declining Operating Margin Comparison | Period | 2025 | 2024 | | :--- | :--- | :--- | | Q2 | 29.2% | 28.1% | | H1 | 28.1% | 26.2% | Selling & Administrative Expenses | Period | 2025 | 2024 | | :--- | :--- | :--- | | Q2 | $16.8 million | $17.4 million | | H1 | $33.7 million | $33.7 million | [Balance Sheet, Cash Flow, and Liquidity](index=2&type=section&id=Balance%20Sheet%2C%20Cash%20Flow%2C%20and%20Liquidity) The balance sheet shows stable inventory and a slight debt increase, with **$13.1 million** available under the senior credit facility - Receivables increased by **$5.6 million** and inventory was slightly higher at **$67.4 million** compared to fiscal year-end 2024[13](index=13&type=chunk) - Debt increased by **$1.1 million** in the first six months of 2025, with interest expense rising to **$1.9 million** in Q2 from $1.6 million in Q2 2024 due to higher interest rates[13](index=13&type=chunk) - Availability under the senior lending facility was **$13.1 million** at the end of Q2 2025, subject to a $6.0 million minimum excess availability requirement[13](index=13&type=chunk) [Consolidated Financial Statements](index=3&type=section&id=Consolidated%20Financial%20Statements) This section presents the unaudited consolidated statements of operations and balance sheets for Q2 and H1 2025 [Consolidated Condensed Statements of Operations](index=3&type=section&id=Consolidated%20Condensed%20Statements%20of%20Operations) The statement details revenues, costs, and profits for Q2 and H1 2025, showing lower sales but higher quarterly operating income Q2 Statement of Operations Highlights (in thousands) | Account | Q2 2025 | Q2 2024 | | :--- | :--- | :--- | | NET SALES | $68,573 | $70,507 | | GROSS PROFIT | $20,016 | $19,813 | | OPERATING INCOME | $3,189 | $2,295 | | INCOME FROM CONTINUING OPERATIONS | $1,254 | $667 | | NET INCOME | $1,160 | $603 | H1 Statement of Operations Highlights (in thousands) | Account | H1 2025 | H1 2024 | | :--- | :--- | :--- | | NET SALES | $131,563 | $135,761 | | GROSS PROFIT | $36,918 | $35,622 | | OPERATING INCOME | $3,200 | $1,437 | | LOSS FROM CONTINUING OPERATIONS | ($328) | ($1,743) | | NET LOSS | ($537) | ($1,891) | [Consolidated Condensed Balance Sheets](index=4&type=section&id=Consolidated%20Condensed%20Balance%20Sheets) The balance sheet presents the company's financial position as of June 28, 2025, showing an increase in total assets and liabilities Balance Sheet Highlights (in thousands) | Account | June 28, 2025 | Dec 28, 2024 | | :--- | :--- | :--- | | **ASSETS** | | | | Cash and cash equivalents | $4,386 | $19 | | Inventories, net | $67,381 | $66,852 | | TOTAL CURRENT ASSETS | $106,623 | $95,839 | | TOTAL ASSETS | $188,383 | $175,872 | | **LIABILITIES & EQUITY** | | | | Accounts payable | $26,319 | $14,884 | | Current portion of long-term debt | $57,311 | $53,818 | | TOTAL CURRENT LIABILITIES | $104,282 | $88,719 | | TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $188,383 | $175,872 |

Core Viewpoint - Dixie Gold Inc. has commenced a summer 2025 drill program at the Preston Uranium Project JV, with a budget of approximately C$3,500,000, targeting multiple high-priority uranium sites [1][5][3] Group 1: Project Update - The drill program at the Preston Uranium Project JV is being managed by Orano Canada Inc. and is expected to cover 6,000m to 7,000m [1] - Dixie Gold holds a 21% interest in the Preston Uranium Project JV, which is anticipated to decline after the drill program [3] - The project area spans approximately 49,635 hectares, adjacent to NexGen Energy Ltd.'s Rook-1 project [1] Group 2: Financial Considerations - The planned all-in budget for the drill program is approximately C$3,500,000 [1] - The company aims to manage project-level dilution rather than company-level equity dilution to maintain shareholder value [3][9] - Future funding requirements are expected to exceed the company's current working capital, necessitating a reassessment of its interests in the Preston Uranium Project JV [5][9] Group 3: Exploration Strategy - Dixie Gold is focused on maintaining a portfolio of exploration interests that provide opportunities for shareholders [7] - The company is monitoring other regional activities, including results from Ramp Metals Inc. and Kinross Gold Corporation, which may influence future project decisions [10][14] - The management emphasizes a balanced approach to exploration and equity dilution, considering the high-risk nature of early-stage mineral exploration [20]

Summary of Key Points Core Viewpoint - Ryan Kalt has increased his stake in Dixie Gold Inc. by acquiring an additional 806,000 common shares, representing 2.54% of the company's total shares, through open market transactions [2][3]. Company Ownership - Following the recent acquisition, Ryan Kalt now owns a total of 12,489,875 common shares of Dixie Gold, which constitutes approximately 39.35% of the company's currently issued and outstanding common shares [3]. Future Intentions - Mr. Kalt and/or his corporate entities may consider acquiring more securities of Dixie Gold or selling existing securities based on market conditions and other relevant factors, although no specific plans have been disclosed [5].

Company Overview - The Dixie Group focuses on the upper-end residential market with growth potential[8] - The top 10 customers account for 6.8% of sales, and the top 100 customers account for 24.6% of sales[8] - The company's strategy is driven by its relationship with the upper-end consumer and the design community, emphasizing product-driven innovation and quality[31] Market Trends - Industry sales have declined by 23.2% in dollars and 24.0% in units over the last three calendar years[13] - The company competes in the independent floor covering retailers segment, excluding big box stores and multi-family housing/new home construction[18] - In 2023, Shaw had 21.6% of the flooring market with $5.487 billion in sales, while Mohawk had 19.3% with $4.895 billion in sales[16] Growth Initiatives & Challenges - The company faced challenges including the sale of the Stainmaster brand to Lowes, leading to the loss of business with its largest mass merchant customer[50] - The company sold its commercial division to Mannington and began a restructuring plan[50] - The company plans for cost reductions of $11.0 million in 2024 and $13.1 million in 2025 through various initiatives[52, 54]

Financial Data and Key Metrics Changes - For Q1 2025, the company reported net sales of $62.99 million, a decrease of 3.5% from $65.25 million in Q1 2024 [2][3] - The operating income for Q1 2025 was $11,000, a significant improvement from an operating loss of $857,000 in Q1 2024 [2][5] - The net loss from continuing operations was $1.58 million or $0.11 per diluted share, compared to a net loss of $2.41 million or $0.16 per diluted share in the same quarter of 2024 [3] Business Line Data and Key Metrics Changes - Sales of soft floor covering products outperformed hard surface products, with continued market share gains in the soft surface category [3] - Premium products consistently performed better than the market across all categories, contributing to improved gross margins [4][11] Market Data and Key Metrics Changes - The industry is facing weak market conditions due to low existing home sales and lower consumer confidence [3][10] - The residential remodeling market continues to experience a multiyear slump, with uncertainty regarding when market dynamics will change [12] Company Strategy and Development Direction - The company is focused on creating differentiated styles for the residential market, emphasizing color, pattern, and texture [11] - Efforts are being made to simplify product lines and enhance consumer-friendly messaging, particularly in the TrueCore brand [12] - The company aims to manage expenses and capital expenditures while improving gross margins in anticipation of a future market upturn [13][14] Management's Comments on Operating Environment and Future Outlook - Management noted that low consumer confidence was exacerbated by uncertainty around tariff increases, impacting product costs [10] - The company is optimistic about its position for future growth when interest rates decline and the housing market rebounds [14] Other Important Information - The company closed a new $75 million senior credit facility, which will support operations and improve financial flexibility [8][9] - Inventory management has been a focus, with a planned reduction leading to a decrease in net inventory from $75 million in Q1 2024 to $66.7 million in Q1 2025 [6] Q&A Session Summary Question: Is the stock buyback program still in effect? - The stock buyback program is no longer in effect, having ceased during the latter part of the previous year [16] Question: Are there signs of consolidation in the industry? - There has not been much consolidation among manufacturers, although some smaller retailers have gone out of business [17] Question: Have buying habits changed between big box stores and boutique retailers? - Premium products are performing better overall, with the Fabrica brand seeing exceptional success in the soft covering market [18]