to strong cash and everyone. I'd like operating team by significant producing underscored leverage morning good and quarter you, our Thank flow again generation. for free Brett, record start another year thanking by and
year. For and growth across acquisitions inventory during over benefited even we $XXX generally the XX% our been across to grew accretive lean revenue quarter, of all the demand-driven completed million environment products the we with segments global Overall, from market. has every as the
led chain revenue in growth. with million. quarter, low to through which deliveries to of the sales supply We expected excess $XX in remain increased the the This impacted same-store but retail challenges, grew inventory decline challenging, more
declined unit double-digits, continued in Our price selling while to units quarter the our expand. average
than all XX%. to better the with we positioned manufacturing gross our segments. customer believe with points Gross industry coupled in almost over portfolio increasingly are our million, partners, product major However, XXX visibility, our production we stronger in deposit profit resulting market our most increased $XX gains and rose broad dollars our insight share margin while basis from in
and to and and over Fraser generate the finance, and higher-margin used from global businesses and Margins & continue years businesses, businesses, margin superyacht Johnson Yachts. our segments well rose drive including initiatives with growth boats, Our parts storage, Northrop as insurance as several multiple services last service, results. brokerage contributions solid to new
this charter our About August Europe did growth improved margin in year. with expected, businesses. our the came of in half improvement we services As sales in and from reopening, revenue superyacht September see
the the few commissions, We as of more related a majority reasons. sales, increase again was and to with for sales the which acquisitions. percentage significantly a expect rose rising delayed. SG&A, did SG&A combined recent but Regarding are due lost not
track the businesses those carefully. quarter not related compensation on the higher. businesses on elevated annual acquisition overall will cost generally watch but an to as pressures SG&A basis, believe grow had higher-margin a in our are inflation. some We We to Additionally, inflationary is smaller we costs mention
setting million. earnings the operating XX%, Our strong of quarterly drove earnings which about $XX another was growth very leverage record with pre-tax in over quarter
generating XX%, net Our income record year per per $X.XX adjusted earnings $X.XX versus earnings share over both an share saw a and in September ago. rise quarter
year, resulting in full make will integrated, I The acquisitions record-setting each. for a comments. successfully results we For were few all the completed
Additionally, acquisitions management completed overall our we greatly are acquired results. few of over the years The all contributing teams to last our also contributing company success. to are the each
than to acquire companies any history. ability is Our point and integrate at our today greater in
real significant we During investments added our our team. our estate of in balance portfolio, digital sheet, the continuing to while our year, and to capabilities, long-term make significantly the strength
pretty Lastly guidance, is of to strong the that and year, a initial was close midpoint full would for add the our I our EPS double $X.XX year.
industry-leading our Moving on to balance sheet.
cash build to million. with $XXX continue We over
down XX%. inventory Our was quarter million, at $XXX end
and SkipperBud's declined inventory Cruiser percentage. about Yachts that Excluding double
short-term than our as deposits setting liabilities, and lower demand financing to in sharply more to as seeing to tripled we record. related generation. over decreased the well are an at Brett $XXX new increase said, customer million Looking borrowings as another Due due inventory cash
are net ratio sheet liabilities of impressive Our our ratio tangible one, both these balance total is and is over very worth current metrics. at two of
net is tangible worth Our $XXX million. about
more sheet balance it as for capital expansion a strategic formidable and now arise and good has bad times. provides opportunities advantage, growth or ever than been always the Our in
are year partners, XXXX leverage September XXXX. Today, do manufacturing unit given expect challenge to the guidance with around supply told the and quarter operating our our retail chain. various what assumptions and significant for XXXX remains Fiscal Turning we we from demand in The growth projecting XXXX. strong. being generated the are fiscal
of we XX%. see unit the chain, growth revenue the mid-single Nisswa in price we in This should supply remainder high-single annual with sales our the our growth to increases average Cruisers more acquisitions units. selling Including in the basically annual digits. expect total stabilization and the assumes until combined However, digits guidance same-store in provide flat
inflationary expect modest Given we the do margin in pressures the pressure. marketplace,
mitigate to in to now. it's levers have We for pressures, prudent our but expectations these believe include it
we Obviously, any other of XX%, you rate acquisitions also results modest as to historical to range our guidance Using may chain. year is expect share per of plus including the range, our our a that we in leverage guidance of visibility tax increases share $X.XX low-end a $X.XX. Our Intrepid. the the and update before throughout complete supply on increase earnings
our same-store current October Turning end and record with forecasted to is sales positive backlog levels. at is trends, to growth
said demand we these closing some have With those remains elevated comments. to over As strong we the industry for outperforming are and call Brett? back levels. comments, Brett I'll turn generally
