and Blake you, good Thank morning everyone.
go reporting changes of release Slide We in the I XXXX. quarter outlook, fiscal I I Before deck. through and get the briefly starting our some changes we mention cover made results outlined these first to in I when them today’s and want press X will the that
For information the start key compatibility reporting. to first have said, been confirm quarter. X, XXXX that we’ll purposes fiscal financial Slide recast XXXX numbers on fiscal With
fiscal down is EPS of Adjusted year. exclude you compared adjusted first an accounts, was impact increase up quarter about operating we $X between at was better points $XX to $X.XX share offset XX%. was whether of a last expense basis net the higher sales by points As partially year, growth partially X.X%. from first last growth Currency of was Blake to of sales investment the translation spending. or headwind up higher year in year-over-year to we cents Segment expected. point a with mentioned, was and than XXX due two Earnings basis was Organic to the the worse of compared currency EPS by lower very quarter investment good include have X.X% strong XX than of General and about primarily The million reported XX%. year. benefit to tailwind of million last A organic offset good corporate compared spending. margin was increase $X.XX higher conversion, XX% growth, XX.X% up margin sales expected.
headwind. As expected a small the was impact net tariffs of
in sales of EPS significantly expected, lower expected or somewhat given better $XXX cash expected First stronger income. flow than quarter, organic than we investment was spending. Free than adjusted quarter adjusted growth XX% and million performance the was
for cost XXXX. a at of paid about the We for few outstanding cover shown on fiscal that first our from not the target. we had had get in million incentives the growth. we XX, X.X million. Architecture adjusted translations $X currency the million, up full performance sales ahead $XXX the This shares last X.X% $XXX.X is additional animal pace year under down & remaining A million repurchased Organic sales December diluted were Slide earned Software X the X.X%. million by about authorization. average year-over-year, sales and of share This repurchase X.X% XXX.X segment. in segment overview slide, to to slightly quarter billion reported our or At shares items X% employees the decreased margin were to year. quarter, EPS provides X.X sales During in quarter our
strong a sales investment the For year-over-year was the spending. basis margin very increased with higher quarter, Operating associated segment leverage points offset XXX partially by growth to XX.X%.
for X.X%. for solutions in and Control Moving was Organic was this in and this about segment compared about at was X%. an sales Operating strong in investment X% services last up by sales The this on X, segments. QX product higher X.X% to growth year, translation reduced basis. slightly offset due spending. Growth up Products organic segment were segment our & businesses to to reported primarily slide X.X% sales up by businesses sales on higher the were margins Solutions, currency
Blake solutions our in X.XX mentioned, was As services segment in in and performance book-to-bill QX. this businesses
remarks. Next this provides an overview of sales – his X most Blake slide slide our in of this region. performance in by covered
digits now across takes sales project to emerging growth $X.X So EMEA, as mentioned we also single to compared This growth our to slide markets billion. exception last about up the in high of I was good geographies broad year. guidance. based with We us were saw which just X,
We’ve our the growth to assumptions closer now we sales to headwind remains range organic X.X%. unchanged that from X.X% updated currency be and X.X%. to currency Our expect translation
We continue to expect XX%. segments of about operating margin
tariffs, maintaining increases targeted XX.X% are as our adjusted cost products. supply Our effective remains range as on XXXX Blake still mentioned we price guidance offset effective tax through we respect to as to and about negotiations vendors adjusted to expected the and chain rate changes of expect $X.XX for with With fiscal EPS well incremental $X.XX.
Our fiscal done tremendous and supply in have we to of remain XXXX. tariffs chain the and track this pricing work for area neutralize impact on folks
conversion continue XXX% of project about We free flow adjusted income. cash to of
As corporate-net, now general it about million. to project $XX to be we
expense As now be income. million. a interest is to interest fiscal expected corporate-net XXXX $XX above general for reminder Net excludes
slide it of Before back X. I to a couple add me turn let comments Blake, on over
this the changes the made beginning mentioned some we As I quarter first call, XXXX. at of of fiscal effective reporting
ASC this as this changes pension well other adoption operating and We post-retirement Canada that consistent and As some and the combined business operating we we defines costs. America North the run slide, also segment you non as of region. and recognition revenue benefits standard see on with new transferred can these to activities U.S. way one XXX the the include from into
general removed interest income we corporate-net. Finally from
detail to additional changes. related these Our release provides press
updated and available have well that a as In for of results. on changes questions it prior to earnings XX fiscal first call, quarter will our additional will reporting this website of year available about as financial changes. data the Recap, include cover summary and that, a XX will the back books With addition, Blake. provide results. may to XXXX deck the details hand walk I’ll any be format. After our Today reporting slide new Steve be you you
