atypical that months and many well fresh Last as pricing of abundant. are view the item our competing to an way fluctuates Thank annual and Good thank inflationary you an I the while fruit an high environment business resulted the is price for stronger second to nature, particular produce in seasonal our availability is us this call our by we and to lag first soft not selling year you, of seasonally our the unusually of fresh seasonally supply throughout stronger our in on on faced into morning, fourth Historically, the the background demand are and in as item such seasonality year. half due Mohammad. and morning softer.
The best would business year increases, and other was of a a jump providing quarters start We seasonal first on the company summer of the before price for quarters, when quarterly. seasonality to like some which today. year everyone, of believe are we in terms second as due results. for produce any items, which joining and third quarters basis,
the $X.X historical our the with first profit sales segment primarily by and other business.
Banana X this let's third of value-added our third-party net have results during quarters segment and softened of of and far sales year.
With primarily volume we the a due where to billion compared the with in greater both move products periods, of of are quarter consistent sales the fiscal the realized year, fresh America. in X months on in gross So lower the that, were XXXX decrease for trends portion driven in product a quarter to in sales global 'XX. the year. of the quarter sales In by were first of prior were Net billion the due compared our North $X.X variance results with for net to X-month first in billion 'XX prices third $X Net months net and XXXX freight followed was sales our the lower sales services ocean third results. billion XXXX selling our demand for $X.XX X
by across related due first XXXX $XX profit volume million most Mexican a was was for Costa net products, impacted sales a in the of to and third seasonal higher with offset distribution compared freight Rica Gross prepared lower X prior the ocean write-off our lower by pricing million colon for quarter higher and $XX and months, the in inventory partially banana stronger and volumes.
Gross However, Greece, of sales profit the were the product facility to costs. flooding year. peso
compared months million higher FDP for year. was prior income by with first $XX prices $XX decrease increased from in $XXX in gross to million was X the year. income compared from $XXX for Gross to higher the with XXXX. $XXX in prior $XXX our the lower and compared of $XX year X operating compared million in for compared profit million Excluding from to the year. income increased the primarily was and in million $XX in $XXX first third-party increase prior profit months million million year. $XX net Greece, and quarter X ocean million income by expenses. from prior FDP increased was and income adjusted the driven months million 'XX.
FDP gross was of and million XX% increased The and XX% the the million XX% products from $XX 'XX of selling, volume, to $X adjusted $XX bananas, million. operating with selling million million first was freight of $XX operating adjusted write-off $XX adjusted with in $XXX increased profit XX% the in $XX XX% offset from X lower gross value-added net impact increased by net sales in XXXX $XX costs profit million million prior prior with million and in of XX% the in partially Operating was fresh $XXX And third compared by sales Adjusted income to for by prior for million the million the the services.
Adjusted The to to due income FDP year, the net cleanup in primarily Operating with $XX the third $XXX year. 'XX by months the million million quarter for first million administrative income year. inventory adjusted $XX income general prior
facility. in $X.XX earnings per compared third per with share production $X.XX difference with to the to quarter year.
Adjusted in was Greek was XXXX charges prior diluted the between was of XXXX and $X.XX third Our quarter that related prior The the EPS due primarily compared $X.XX share during of in product-related GAAP impacted year. the floods adjusted diluted the diluted earnings the our
For per the months the was $XX diluted of EBITDA in diluted period, adjusted share In the first $X.XX XXXX, the third to $X.XX X to million prior per million for XXXX the share. XX% in share from prior of year per EPS increased $X.XX per compared to increased XX% quarter $XX share EPS year.
Adjusted prior with year. $X.XX
increased prior XX% the in the corresponding adjusted For EBITDA margin million EBITDA million X to by X.X%. first $XXX to XX X.X% adjusted year basis months, from points and increased from $XXX
write-offs of fresh-cut of fresh-cut nontropical Let $XXX prior volumes primarily $XX production with in products, to Rica higher and comprised the charges, the our year. volume with for the vegetables quarter for now year, freight.
Gross procurement fruit, ocean of most to of third XXXX XXXX combined segments: net prices and flooding offset Fresh nontropical a sales the selling partially sales was avocados.
Gross quarter of unit fresh-cut higher result lower results. fruit, Mexican and the prior turn volume, profit compared product costs million variance profit me as primarily the inventory were $XXX by partially in million colon selling cleanup lower and Costa offset profit million of categories, of of production costs tied sales stronger a net to and lower $X facility of and per XXXX pineapple, value-added segment million other of prices with compared of sales partially pineapple peso, included primarily fruit sales fruit and and million Gross prices seasonal quarter well along product-related higher in due $XX as was by Greece. third higher to due for with prepared, third
result decreased factors, a year. X.X% of to As X.X% compared with these the gross in margin prior
third per prior prices with banana in by the sales unit primarily year, $XXX increase volume of Banana selling The stronger to Moving quarter in product gross the volume higher $XX segment. the per to distribution, Net $XX and our North a gross by million quarter and in profit sales compared Europe. million result for unit of sales a was an prior due prices in third XX%. selling ocean in in Costa freight lower mostly was profit million year, were $XXX offset colon. costs, Rica million lower the with compared partially offset America, and increase
result X.X% increased in X.X% of gross margin with these factors, a year. As the to prior compared
Lastly, with lower compared net net sales with million XX.X% the sales demand. of the $XX as freight Gross global services the million and in year in prior prior in of other compared a was the segment services result quarter year. as in third-party million margin million year softened $X was third XX.X% of $XX sales. a the prior with to products Gross compared our profit $XX lower for result were net due
year. selected expense the were sequentially primarily working compensation balance prior of million primarily quarter moving provision third relates losses.
Income compared net increase foreign lower XXXX X was to average for lower and to cash the second approximately million increased of end the with compared with remained million related the with lower $X levels packaging and certain 'XX. the of compared the $X to with was provision million with million supplies, at year. lower general $XXX $XXX for end the prior decrease Interest administrative compared capital, of to materials retained XXXX tax at combined decreased year despite with at third rates.
Other debt expense to with raw first to in The -- provided million third quarter income.
Long-term of at XX% was of year. in fiscal prior The higher debt million expense. was in million due compared flat the by Selling, due the and higher million the prior earnings as in in the operating increase end remained the flat in net the interest higher jurisdictions.
Net primarily million million months was $X XXXX for currency-related of $XX $XXX Now $X data. of for tax compared quarter $XXX due XXXX financial expenses The from by mainly prior higher quarter year, employee third $X $XX driven year the activities it quarter
now Our compared of adjusted X.XX to leverage X.XX. the ratio is quarter prior
spending, expenditures capital year. to invested the $XX in relates of in first it million XXXX compared million with $XX As the we in capital months prior X
we shareholders review, morning announced to per XXXX.
This financial X, a Sheryl? $X.XX turn of now share in quarterly dividend November declared on results As record press to our we on XXXX, can release, this our of December financial our Q&A. payable cash concludes XX, and
