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
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Full Year 2019 Dixie Group Inc Earnings Call Transcript

Mar 05, 2020 / 04:00PM GMT
Release Date Price: €0.88 (-7.85%)
Operator

Good day, and welcome to The Dixie Group, Inc. 2019 Earnings Conference Call. (Operator Instructions)

As a reminder, today's call is being recorded. At this time, for opening remarks and introductions, I would like to turn the call over to the Chairman and Chief Executive Officer, Dan Frierson. Please go ahead.

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

Thank you, Daryl, and welcome, everyone, to our fourth quarter conference call. I have with me Allen Danzey, our Chief Financial Officer; and John Faulkner, our Vice President of Strategic Initiatives. Our safe harbor statement is included by reference both to our website and press release. For 2019, the company had net sales of $374 million as compared to $405 million in 2018. The profit from continuing operations for 2019 was $15,619,000 or $0.95 per diluted share as compared to a loss from continuing operations of $21,479,000 in 2018. Net income for the year of 2019 was $15,271,000. For the quarter, the profit from continuing operations was $26 million or $1.60 per diluted share.

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