The Dixie Group Inc (FRA:DX6)
€ 0.52 0 (0%) Market Cap: 11.21 Mil Enterprise Value: 114.88 Mil PE Ratio: 0 PB Ratio: 0.41 GF Score: 44/100

Q4 2018 Dixie Group Inc Earnings Call Transcript

Mar 07, 2019 / 03:00PM GMT
Release Date Price: €1.01 (-11.40%)
Operator

Good day, and welcome to the Dixie Group Inc. 2018 Fourth Quarter Earnings Conference Call. Today's call is being recorded. At this time, for opening remarks and introductions, I would like to turn the call over to Chairman and Chief Executive Officer, Dan Frierson. Please go ahead.

Daniel K. Frierson
The Dixie Group, Inc. - Chairman & CEO

Thank you, Sarah, and welcome, everyone, to our fourth quarter and year-end conference call. I have with me today Jon Faulkner, our Chief Financial Officer.

Our safe harbor statement is included by reference both to our website and press release.

For 2018, the company had net sales of approximately $405 million as compared to $412 million in 2017. The loss from continuing operations for 2018 was $21,479,000 or $1.36 per share as compared to a loss from continuing operations in 2017 of $9,322,000. On a non-GAAP basis, as shown in our press release, the results from continuing operations would have been a loss of $0.44 per share, adjusted for the impact of the Profit Improvement Plan.

Our

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