The Dixie Group Inc (NAS:DXYN)
$ 0.6956 0.0044 (0.64%) Market Cap: 10.70 Mil Enterprise Value: 124.54 Mil PE Ratio: 0 PB Ratio: 0.40 GF Score: 44/100

Q2 2021 Dixie Group Inc Earnings Call Transcript

Aug 05, 2021 / 02:00PM GMT
Release Date Price: $3.49 (+28.78%)
Operator

Greetings. Welcome to the Dixie Group Second Quarter 2021 Conference Call. (Operator Instructions) Please note, this conference is being recorded.

I will now turn the call over to your host, Dan Frierson.

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

Thank you, Stacy, and welcome, everyone, to our second quarter conference call. I have with me our CFO, Allen Danzey.

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

As we've highlighted in the quarterly results, our sales were approximately $105 million for the quarter. Net income of about $3.3 million, and we've had -- we had strong order activity throughout the quarter, which has continued into the third quarter.

For the second quarter of 2021, the company had net sales of $104.8 million, an income from continuing operations of $3.4 million or $0.21 per diluted share. Net sales for the second quarter of 2020 were $60 million -- $60.8 million. The net loss from continuing operations in the second quarter of last year

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