Q1 2019 Hardwoods Distribution Inc Earnings Call Transcript

May 10, 2019 / 03:00PM GMT
Operator

Good morning. My name is Jessica, and I will be your conference operator today. At this time, I would like to welcome everyone to the Hardwoods Distribution Inc. First Quarter Results Conference Call. (Operator Instructions) Mr. Rob Brown, you may begin your conference.

Robert J. Brown - Hardwoods Distribution Inc. - President, CEO & Director

Thanks, Jessica. Good morning. Welcome, everybody. Thanks for joining us this morning. I'm going to start with a brief overview of our first quarter, Faiz Karmally, our CFO, will follow with a more detailed financial review. Then I'll return to discuss our outlook going forward.

As we anticipated, it was a challenging start to the year as the company was impacted by headwinds, this included severe weather, which contributed to lost sales days in a number of our regions and some uneven market sentiment affecting U.S. construction markets. As a result, our first quarter 2019 profit and EBITDA results reflect these challenges and didn't keep pace with results from a year ago. However, I'm very pleased with what we

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