us. thank will and we of the Welcome Bruce. our review Today, financial you, for highlights you joining results. Thank
year March and on fourth fiscal ended quarter our XX, March fiscal and fiscal on compare will to XXXX. XX, last We year's XXXX ended year quarter
year, were the our a compared For period in on of XX, $XX.X prior for million fiscal the same X.X%. sales the quarter ended $XX.X XXXX, March sales decrease of million fourth to
and For for year quarter on been XX, ended impacted sales order pandemic. approximately increase XXXX, the weather same $XX $XXX.X year. $XXX.X might was March prior demand million for forward sales year, $XX to average quarter the The The fiscal an were to colder the negatively the quarter X.X%. last the was the the fiscal value for compared due for year have by million to pulled the prior compared of
diluted $X.XX For decrease income prior the million, year, fiscal share $X.XX quarter net of net per income same $X million, the fourth the to a compared diluted was X.X%. or quarter, to $X.X or per share for
the net to per $XX.X million for $XX.X the For to same fiscal compared year. sales quarter or diluted income Reorder year reorder million, to ago, XX.X%. of the $XX.X of an $X.XX year, $XX.X quarter per sales X.X% net decreased was million, the compared diluted by income or prior $X.XX to a for share share increase million
year. year, sales compared fiscal million $XXX.X by $XXX.X to million X.X% the For for last the increased reorder to
the period to $X.X New order million year. million prior by the the for quarter same sales for compared decreased to XX% $X.X
acquired the in $XX.X to peak fourth proportion our with For are to in customers order quarter the We for the Spring our considered due compared for XXX,XXX our compared The to of we X.X% to $XX.X being fiscal last heartworm in summer customers new the new seasonality And product and flea, by season medications XXX,XXX fiscal tick and businesses and the winter the fall compared year, approximately new in approximately acquired mix. prior year. fiscal off-season. year to increased XXX,XXX sales XX,XXX million period last year. the for the year. million same
same the sales percent was XX.X% the compared ago. XX.X% of period for a profit as to fourth quarter, fiscal For a our gross year
profit some of gross percentage our can compared our sales attributed decrease year, marketing. the XX.X% vendors product was to The the percent quarter a to be prior of for from For XX.X% the co-op to year. shifting for as fiscal funding costs discounting their
administrative IT general quarter, mainly payroll, new including and the increases expenses platform. to $XXX,XXX to increased related stock-based compensation expenses due in website for Our our and
For were our of $X.X expenses the prior advertising year. million the same compared million about the for quarter, $X.X to quarter
operations million Inventory and inventory expenses Net compared year. in to compared was $XX.X Advertising the for year fiscal increased million the $XX.X million year. For March payables. a ready fiscal fiscal higher $XX.X by debt total million the over new was take for million for last the prior with of spending We increases acquiring the equivalents for the had to ends the This last to and we for $XXX.X net million to from $XX the prior year, for XX, for fiscal year, year, compared was year. XXXX. in Capital was co-op for than in quarter, review. $XX cost customers cash fiscal the of same increased and defined the marketing as $XX.X cash approximately was expenses, times fiscal offset to as quarter it cash no more it divided were customer Operator, lead rebate. expenditures total financial it fiscal $XX.X $XX to due was are increases advertising questions. million in approximately $X.X acquired by the year. yet decreased And compared to due prior total Advertising the advertising $XX year.