Q1 2019 Encore Wire Corp Earnings Call Transcript

Feb 09, 2024

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May 01, 2019 / 03:00PM GMT
Operator

Welcome to the Encore Wire First Quarter Earnings Conference Call. My name is Jenny, and I will be your operator for today's call. (Operator Instructions) Please note that this conference is being recorded.

I will now turn the call over to Daniel Jones, Chairman, President and CEO. Mr. Jones, you may begin.

Daniel L. Jones - Encore Wire Corporation - Chairman, President & CEO

Thank you, Jenny. And good morning, ladies and gentlemen, and welcome to the Encore Wire Corporation Quarterly Conference call. As Jenny stated, I'm Daniel Jones, the President, CEO and Chairman of the Board of Encore Wire. And with me this morning is Frank Bilban, our CFO.

We're pleased with our improved results in the first quarter versus the first quarter of last year. There are some key items to note. Net sales dollars increased significantly in the first quarter comparisons of 2019 and 2018. The increased top line was driven primarily by higher unit volumes. Unit volumes increased 13.5% in the first quarter of 2019 versus the first quarter of 2018. Margins also

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