Q3 2019 Dixie Group Inc Earnings Call Transcript
Good day, and welcome to the Dixie Group, Inc. 2019 Third 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 the Chairman and Chief Executive Officer; Daniel Frierson. Please go ahead, sir.
Thank you, Victor, and welcome, everyone. I have with me Jon Faulkner, our CFO, who will be making comments during the meeting.
Our safe harbor statement is included by a reference both to our website and press release.
Net sales for the third quarter were $95,447,000 compared to $101 million in the same period of 2018. Our sales, excluding the mass merchant channel, where we had unusually high stocking orders a year ago, were down 1.5% compared to a year ago.
For the year of 2019, the company had a loss from continuing operations of approximately $2.5 million or $0.16 per share. However, adjusting for costs associated with facility restructuring and related inventory impairments,
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