first start information. Thank financial everyone. morning, and quarter you, good Slide on X, I'll key Blake,
First was basis quarter in year. XX the had of prior and impact reported acquisitions currency negligible versus down about The a of quarter. negative X.X% points impact sales were
While from X XX.X% was by margin came was favorable. EPS to sales was to Segment on from volume, segment the offset the growth margins. organic price/cost mentioned earlier. like margin due a cost operating Adjusted point beat above expectations, price our ago mostly and our year lower $X.XX, with compared expansion and actions, XX.X% reduction operating primarily Blake benefits -- of was of
Looking about into cost quarter. outstanding I'd we to It like actions, bridge but strong good execution commend for moment EPS cost was more to first the the controls. a performance when reduction and detail the team and take discuss
XX, working remaining payouts quarter incentive on year. we of first contrast by fiscal is authorization. conversion XX.X% quarter $XX shares continued XXXX fiscal and this was as quarter the first flow had Return Two billion reflective at where performance. of the the of Free in we X approximately a adjusted cost the cash prior achieve the driven payout of in remain invested quarter for year, primarily shown pretax had XX% prior items a points to The for rate the under cash our on cash was for million. higher first was the Free slide. was bonus quarter performance. by We XXXX. fiscal flow for the of $XXX XXX million year, on income. XX.X%. rate XXXX million additional of effective our ETR XXX,XXX last prior than year We below not $XXX XX.X%, management basis approximately December first On repurchased track capital repurchase lower XXXX $X.X on than lower well capital in This tax year as XXX% of to the team
segments. XX.X% execution operating year-over-year, first decline. which the focusing decremental year-over-year the three provides decrementals of 'XXs double-digit and on points conversion, by against organic performance margin programs the sales basis segment Devices strong X overview quarter, reflects sales Slide the in purely Intelligent our decreased on cost-out the had margin XXX in for
single-digit decreased services performance Control high cost-out cycle shipments. and sales, flat growth focus and continued on This good as below the volume reflecting of has R&D mostly XX.X% long-term of decremental execution XX.X% teens growth Incrementals XXs, Software product and percentage decrementals of low important kept by low was XXX our above and and and spend performing with year-over-year execution slightly margin in note differentiation. our in cost-out typically were basis programs strong on a programs. the new the reflecting year-over-year, on margins year-over-year segment expectations. It's points was solid margin driven price/cost prior our very to this Life our year. our strong that with was expectations, segment introductions the Sensia our in
let's EPS, to on orders on little and moving Before expand a demand.
good the last in orders sign, is outperformance and but ship later better As X Blake the from $X greater mentioned, than in X, was This a orders quarters. to billion first project for of change which expected, largely the in book-to-bill scheduled the surpassing came case quarter, outlook. hasn't didn't was calendarization been than the The year. our materially
distributors favorable XXX% at us. orders destocking Another of In Rockwell, data levels, behind new is placed in us quarter, flowing through mostly first demand that new terms the matching our cycle evidence the giving on point. on historical to close further is
The XXXX sales and X% X XXXX. provides walk on impacts the $X.XX primarily organic which next EPS sales flow-through. were declines Core down from decrease. fiscal performance Intelligent Slide products higher-margin our an adjusted fiscal to Control, both Those QX QX in Devices in Software and was
on is guide merit inflation to this into for of were the this slightly $X.XX had benefit organization million QX, headwind incentive of in was delta at the impact compensation, of level. million and year flow Recall $XX some million $XXX above and year-over-year temporary our fiscal with prior the sales Compensation, reduction merit margin the decremental captured $XXX that compensation. tailwind. measures about high headwind. came year. The that reflects beginning XXXX which decline full compensation provided coming in was which Cost and XXXX, Importantly, keep that This the reflects about expectations effect productivity, which versus core core structural to year a from expansion a to incentive bridge. inside compared through cost more in well of higher increases our helped as actions, the reflect quarter, be comp as $X.XX fiscal inflation single-digit
about equally. We be about headwind benefit. expect a $X.XX in to the for $X.XX three of year All quarters their of the items spread resulted remaining compensation net
full for Moving next the XXXX. guidance on XX, slide, fiscal to discuss the updated to year our
thesis remains Our largely a year the intact couple with changes. for of
down not At in initial for X%, current any expect the We modification the headwind from from guidance a sales significant while currency a fiscal takes requires guide. anticipate slightly organic revenue $X.X which X% our of range to below to in the did our X.X negative midpoint. currency, at the for dollar be to about our expect reported rates, sales billion reported we guide strengthening impact points, on positive XXXX recent
to year. negative about At price contribute our of expect the price point sales any is now We X.X%. excludes a actions. which for This midpoint the of tariff-related reported growth guidance,
to and flat digits, down standpoint, Devices be approximately margin and sales year-over-year. to ITD Control down From Our are current Intelligent expectations for we to expect a mid-single year-over-year sales. and margin Software Services Lifecycle be be on lower
and expect to expand sales down we margins year-over-year to to flat Software flat Control margin Services be and Lifecycle slightly on year-over-year.
Our range midpoint. a $X.XX with unchanged EPS at to is $X.XX $X.XX adjusted
continued a The is Talk sequential than dollar the of first quarter headwind second into in about late has X%. the quarter and strengthening less calendarization.
to the are sequentially sales reported headwind quarters QX. on in grew to which evenly split growth and FX sales Our the points three the to result mid-single expectations is sequential to from year-over-year the digits headwind of a of a X.X through QX, for EPS, After expected we is low year. QX remaining from basis, On remainder the sales gradual $X.XX expecting year. of
spending taking drive performed As reigns adjusted control to midpoint measures temporary Blake the first said EPS to impact. we're in continue The of to offset $X.XX. well can in team earlier, those towards additional spending quarter. this We types. We're hold that going on
around on your additional fiscal we resulting QX, be the and A guidance EPS, be about $XXX expected share. about outstanding to assuming shares fiscal of the We're XXXX to XXXX points Specific diluted Net other is repurchases sales would $XXX margins the expense million to incremental expect margin average per $XXX neighborhood to million. XXX up interest comments during and models. million. segment of about targeted volume, is expected $X expectations with expand for for on Corporate shares XXX.X of be basis expense share million year. operating few in sequentially sales
a couple like I'd expand to topics. from the slide, away on Moving of
reduction First, on in us first benefit gave approximately of a $X.XX quarter. cost EPS activities, expansion and which focusing of margin the
about For share. $XXX to continue per a the expect or full year, million $X.XX of benefit we
our they or each be initiatives. in there may As at supporting one individually a of of magnitude Day basis yield of discussed basis us of points annualized, giving XX and and yield. the only are projects The these continues plans. put to basis a When while execute points hundreds And as are together timing hundreds we in points. fluctuate Investor against couple November, these
goal There's sourcing. in us efforts. one, great be to like of left a primary quarter. good efficiencies for The ahead done. and first The work of I'd our of to deal team their effective and tracked the slightly driver thank was of year a was the quarter we of front outperformance lot Nice for a work. manufacturing and the
as to because that initiative of this important are of and drive productivity I as see we're what To our term. operational Investor other tracking speed. our from want the Rockwell model up up both operating that's on to that -- revenue our expansion long margin and our us sustain goal setting It's for growth sales note The end, as long the cost the build foundation excellence as These some initiatives out we actions competitiveness Well, over to well topics through investors. drive cost-out reporting to earnings. long-term continues is to and Day. follow to develop ultimate
quarter, Belt employees first had we Yellow training. the Rockwell another X,XXX complete During
experience. to In addition, simplify customer rationalized XX,XXX over operations we we our and SKUs improve seek as
we index operations. product failure steadily of to our as in continues resiliency improve points Our reduce single
to respond supply efforts resiliency initial we era to the trade, tariffs changing an dynamic into chain us from of prices, those as conditions. enter arose enables While this and
longer-term to our business, our including some like potential actions as to around into impact I'd the depth as short-term well on, thoughts. go Moving tariff
initial has earlier, response to in mentioned Rockwell taken steps team Blake the new tariffs. As
planned of a have remain ready scenarios We adapt to for and number quickly.
and fiscal approximately than as profitability Our and impacts of States mitigate to context. under own size the utilizing variety of third goods XXXX, as a XX% imported in $XXX fiscal and were approximately finished of our Mexico, supply from from our from million. combination into China chain of facilities China priorities a both our were resiliency our Mexico, and direct our U.S. less each United operations Separately, well so manufacturing parties Canada were have XXXX. to from are from you Canada $XXX maintaining Cost want exposure in I revenue in imports total Imports million. in scenarios.
Our tariff mitigation plan multifaceted. is
near through primarily the will changes For price from this that be term, the additional February China implemented enacted were X. and price, have on we tariffs
changes in have make made sometime and our March as products happen the to manufacturing a tariffs, impact We both will in attractive locations standard will if and order an where future, sales. ROI. they there's Canada portion well to continue Mexico configured of as or
impacted on new increases the some price there our for products enact will likely and noise our actions reprice term. intend of price near loss. be also customers, our and course, will We backlog in reflect These to disruptive to are
that We minimize impact year. U.S. our footprint, expect and have for not profitability are actions service. we these manufacturing a the full customer With to continued immediate tariffs due levels of disruption to to ensure substantial hard working and our material said, that do on
movement we pricing, that tariff number of to locations. alternative have of costs sourcing are and through Beyond in-flight a projects production mitigate
response that's been chain, built and operations some production leveraging supply to be resiliency moving our the in tariffs. will into We including
United customers the moving have for are outside U.S. production for With where we to of of make. in produced the the the products that portion non-U.S. some in example a to our and It's U.S. the customers a capacity swapping occurs operations, U.S. similar order production in outside out, inside Mexico States. U.S. moves can manufacture example, create the those quick For is We're that destination production U.S. small tariff-impacted overall we but the for destined good
into that job at tariffs XX shift, an time creates second place volume As in keeping mentioned the Day, opportunity locations with for good operations has move production challenged have That done team of lower infrastructure U.S. to our to months. shift avoid with Investor in the sometimes last limited our Blake in third a lag. been a
you dynamic environment. As very in know, we're a
So as we will and chain continue additional steps supply necessary. to leverage agile take our
remarks over that, turn back start With to for it I'll some we Blake Q&A. before closing
