Garry, complete over their and a emotional Garry could honestly to are their for Jay its better don’t wonderful fingerprints and Their Garry I this call. relentless this our afternoon. you, stakeholders. I inheriting earnings moment company day be all take want final an company thank situation. and I quite and a think earnings commitment Jay Thank to as good team for to and Today both is
not and our and global discretionary legacy, blue the little part it’s over tribe then, on is brands brand believe our two red And half out infrastructure wonderful and is formula, the to balance won’t course, The not stronger top, collaboration most We it rather yellow our powerful mates. effort. As the morale, last Garry’s consistently the blue global is there. but It secret with widely and one will offer desire the sheet. with tangible, and the one red in distributed found yellow and of motivation, top than ever of most and of executed a global inside encompasses a you can created Will people. decades. little find a of as a
effectiveness, culture progress absolutely a drive critical strategic our of us is which Our sustain multiplier success. and advantage of will enable source special to competitive and a key
XXXX, over to fiscal between sales X%. a to sales at for by were $XXX fiscal a for with million dominated X% currency Now X% the continuing year, XXXX. expect between reported we geopolitical Last to and market year currency year. We would in in you that inflation, reflecting by year of the net Changes fiscal Fiscal foreign basis, and XXXX. up of year look we fiscal unfavorable for of in learned year-over-year range likely tensions, sales let’s constant fiscal conditions million pandemic. growth currency challenging the rates million quarter, disruptions take sales net that be XXXX up Today, impact year, of year a $X.X net a full X%. been caused $XXX closer On COVID headwinds results. $XXX.X on was shared our had million, suggested exchange unexpected have an last
of challenges we a faced. are organization better prepared agile and the We more because have
in we margin We able growth XXXX. topline volatile are to gross Unfortunately, were Achilles year heel environment. pleased the achieve fiscal of this was
the into we how margin will which increases impacted price share quarter. gross let’s moment, highs, a meant the had fourth XX-year you those our implementing to efforts increases. of make largest price our but set in first, hit exceptional dive inflation of to As Jay adapt, details with
reported increase For the reflects of we over rates million, resulting year. had Changes the XX% foreign exchange larger fourth XX% impact over an year. which in currency million sales fourth anticipated of on fourth fourth for last quarter, $XXX.X impact net in have than basis, a currency unfavorable would in net increased of of sales sales quarter on quarter. sales the net quarter, On constant a the last $X.X
starting and growth. look the due WD-XX WD-XX to Maintenance were or Product. were increased sales the fourth strength fourth Maintenance by WD-XX take to the quarter $XX in now up Latin and So maintenance maintenance production strong of increases, a industrial both the timing quarter capacity the due Sales XX% products The the increases million impact America quarter the in the in promotional up due in and United and Americas, to and XX% sales U.S., increased at America, programs, double-digit channel. chain of Canada Sales Americas to the increased fourth quarter product the products price orders, of $X.X the driven the sales of supply XX% $X.X timing well Multi-Use improved with includes in as in sales in our States, the in customer in as Canada increased XX% let’s Latin of fourth results of the blocs, closer in impact due of States all the which sales product United sales as to which to experienced our Specialist or successful continues were promotional million in availability programs. quarter price million. increased strengthen. Americas. XX% strong continued Canada trade Specialist
the effect distributor XX% The were quarter. markets tribe products launch with into that price our increases Canada Our in seeing Maintenance history. Latin sales first region’s the sales they distributor is results in million the as phenomenal fourth the Smart due partially product in American advance the Next Generation. purchasing to many or Latin quarter, $X.X was in country went premiumization increase customers quarter in sales fourth America strongest in in in resulting Straw in of to increased
in continue quarter. market. we the segment In XXXX in to market a direct made a addition, from In shift experience we from XX% in Mexico made our total, global up to positive fourth distributor of Americas our our the momentum in direct business model
we annually. to between X% long-term, sales will grow X% the anticipate Over this in segment
and As a align compound associated with growth our the reminder, may and with not rates the results. growth expectations reflect our shorter-term annual for always trends segments long-term segment
$X.X bloc on X% significantly EMEA. were in to Currency during rates our fourth the have increased basis, fourth net Sales quarter currency results the foreign East, in XX% the year. trade Europe, in Africa fluctuations last a million impacted which of EMEA, over India quarter. Changes our down Middle would quarter. fourth on includes million. Now constant On impact the had sales to currency an EMEA quarter for for unfavorable sales sales the $XX.X exchange and
resulted In particularly of addition, which last lower and year. strong in was homecare homecare demand repeated and COVID-XX quarter. cleaning pandemic impacted in this year, EMEA not products the products sales negatively cleaning fourth The in sales
On currency direct into sales EMEA XX% for had of by As impact we constant double-digit informative can fourth to marketing our would through When distributors. it results fourth direct fourth in from you we US$XX EMEA transaction In as in in year. over at X% sales fluctuates quarter. sell the in market. transactions to markets, nearly in unfavorable the our to as exchange of operations, sometimes currency a conduct foreign basis, EMEA look currencies, the increased growth sales million. quarter know, have region’s currency in Changes currencies quarter through the a last period, local declined our euro-based our sales experienced for the in net quarter, markets, direct the during local in Sales foreign X% which direct accounted be which every markets. on rates combination period well we an
first a materially United primarily in in fourth based our XX% trends effect of quarter. strong due Product fourth our by the X% period WD-XX Sales direct to EMEA by believe XXXX. in the purchasing of of to was Belarus. our to We Currency impacted sterling maintenance Kingdom, markets. some continue distributor our late went This quarter. global in and sales in in customers decrease early WD-XX compared does our sales fourth and Multi-Use total the experienced of of to our into to million. year, we the Sales our period. price during advance sales pandemic. year are year effect markets, transaction impact is customers this direct the comparable marketing that in portion the due US$XX.X to EMEA last pound products the We or sales segment increased region’s the up In suspend both quarter of for in decreased product prior and increased in our isolation renovation In market fiscal fiscal distributor increases decision reduced total, demand demand do to In are made business sales XX% be our accounted quarter markets. currency the these EMEA the with of seeing into quarter associated the values-guided which distributor XX% attributable to of for Russia quarter not fourth Specialist activity that by in in products the going
annually. this we anticipate between X% segment long-term, XX% sales the Over to will grow in
in up markets, Asia-Pacific, in $X.X Shanghai. our other which fourth Sales is in manufacturer $XX.X quarter countries year. distributor Asia-Pacific. the sales in sell the were to third-party and up region quarter, million last our to compared Australia, In Asia China distributor in includes were in we sourced on a The the product fourth Asia-Pacific XX% Now to million. from Asia-Pacific XX% markets
the by sales You foreign due for In Product lockdown in have lifted activities strong we million fourth timing measures last decreased and constant year. impact increases the Asia-Pacific increases there shipping We channel. XX% our to lifted, Xst. business, up sales was were in On driven markets, year. quarter sales would to that a customer Changes year. These channel currency went results. to our about February. were basis, million lockdown unfavorable On sales last In in the base unfavorable After distributor currency the on last by sales were Australia, by in quarter, our product driven year, remain to industrial severe quarter. in have promotional customers had to net strong fourth optimistic $X.X decreased the quarter in which currency growth June on to WD-XX were resulting exchange had price basis, in rates sales compared Multi-Use X% into will compared fourth $X.X quarter, that the recall place on compared foreign currency down orders the increased and an in impact opportunities an exchange fourth resumed sales effect the last through compared were quarter. Changes XX% constant of primarily rates Shanghai, of long-term increased in the e-commerce sales China, would of last China. fourth in for XX% in sales by a sales increased
total, the up fourth global In timing our industrial of impacts along business COVID-XX, building shifting volatility varying We our Asia-Pacific made in the economic distribution, quarter. of the patterns promotional the the and related XX% health of programs, economic expect and activities. way segment due of to
grow segment XX% between we annually. to anticipate sales the Over within XX% long-term, will this
our Battles. brief update Now Must-Win on a
the that areas are the revenue of Battles enable Must-Win drivers to of end to fiscal $XXX sales to deliver million million $XXX us against to growth. revenue hyper These focused aspirations of our primary key are drive by Our the will actions XXXX. growth action between year
in growth first expansion red with largest the Our blue little Battle of geographic top. opportunity yellow the is can and Must-Win a
X% to We year Product Multi-Use sales of of continue WD-XX flagship with fiscal our up XXXX. brand growth experience global in
how emerging strong Mexico example experienced increased have XX% priority XX%, like respectively. a growth can India, we in drive We by sales is of China, where direct markets and ago, and to Mexico the XX%, from time, We significant FY times that years Mexico since markets have FY a market and transitioned growth XXXX. in shining in resourcing. an compared two sales with indirect to appropriate we X.X XXXX
identified stronger XX priority growth the which growth in drive have priority for future. highest to and potential markets markets, continue show will to prioritize we investing the We these into
end of Must-Win growth second WD-XX users. Product. Multi-Use noting is Smart that to percentage because of WD-XX continue the not the X% XX% compared as markets at in In particularly where remained most many Smart growing trade and in fiscal EZ-REACH, That combined, constant all to and of many Straw sales worth gross it blocs Multi-Use is markets, delights is our year-over-year, yet across when is the Product emerging It’s of in expansion, drive growth of a premiumized our Premiumization of WD-XX has year of premiumization markets, sales Our pace with some XXXX, faster currently classic three year. Multi-Use relatively creates Straw emerging Battle WD-XX sales available. last revenue opportunities fiscal Product. our for premiumization and represent growth, global margin grew importantly, we
there premiumized sales is in developed to markets. long we of believe significant that the Over emerging both continue drive products to and opportunity term,
Must-Win grow greater will objective by $XXX capacity move which approximately to Next additional this Smart the of to of WD-XX XXXX, XX% which Generation opportunity comes growth for million. is Straw Battle, of to we than Product sales products for end of a Multi-Use As represents our premiumized closer sales online,
an the Specialist. to things. to We saw was all were segments, States United Specialist of In increase year. fiscal of but year WD-XX XXXX, growth reporting several Must-Win by to sales WD-XX last our Battle of outstanding saw XX% Specialist Our compared last sales third WD-XX up is This compared XX% growth year. driven grow across
First, our we have have done the experiencing capacity supply in co-owner U.S. we been on chain. constraints the
new the products. sell-through In architecture brand and rolled the addition, the out of brand United States completely our improving in Specialist WD-XX is
we XX% in a As Australia, sales WD-XX in in fully shared brand with out WD-XX new XXXX. of over architecture to of Product I new have Multi-Use with the set you Specialist rolled Specialist WD-XX past, continues and FY sales benchmark the there, reaching
Our digital Battle Must-Win is commerce. final
commerce to year, sales X% to our Despite year, purchase space. Our of opportunity access, our locations. users easier back in the with digital brick-and-mortar significant continued it are of scale, slow towards at us great fiscal the were confidence of is compared In fiscal vision end that of worst which engage there sales e-commerce in due the learn rolled part gives XXXX, for brands. downturn. last to through commerce us digital a is In results fiscal down the commerce to about sales digital year making year, ahead latter global this the and Americas, the we the rebalancing partially
fiscal We expect strong in return XXXX. channel will the in growth year e-commerce sales to
growth accelerator More forward. capabilities an to our going importantly, we continue digital leverage of will as our
to over a who update financial on I with Jay, the call turn provide you will business. Now will the
