Barry Blank's questions to DIXIE GROUP (DXYN) leadership • Q1 2025
Question
Barry Blank inquired about the current status of the company's stock buyback program, the extent of industry consolidation, and recent shifts in consumer purchasing habits between large retailers and specialty stores.
Answer
Executive Daniel Frierson responded that the stock buyback program was discontinued in late 2024. He stated that while some smaller retailers have closed, there has not been significant consolidation among manufacturers or distributors. Frierson also noted that premium products, such as the company's Fabrica brand, are outperforming the general market, which is a typical trend during an economic downturn.