thanking their that produced outstanding again strong you, another year. and also I'd like our for Thank team record Brett, quarter efforts good everyone. start to morning by and
For recent approximately revenue sales to to grew million, $XXX acquisitions. contributions the over quarter, XX% of due from and same-store growth XX%
an same-store price our average growth in Our due mostly premium increases. was more by price, well or migration as product, unit selling as to driven the larger to sales increase
less margins a speaks Florida the to due boating caused and deliver persevere we primarily off lifestyle, of Ian. same-store implications to outperform. were to strength demand range, to product units unit inability in by the Our boat that of due and noteworthy is sales, our sales to mid-single-digit despite and It find were remaining lack and in premium It to Hurricane aluminum boats for hurricane the and drive the chain supply segment the team's ways the to challenges. growth strong ability able
a For by profit the dollars margin and strong $XX our at very stood XX.X%. million quarter, increased our over gross
continue to benefit higher-margin Our margins from businesses. overall our
higher-margin driven However, on a a as segments the keep a did as challenge percentage mix. as for basis, it's same-store boat by change up. was our XX% they increased year-over-year entirely strong to sales When
Interestingly declines, often as percentage expanded on showed strong relative margins product we basis, typically the in a as margin results So, it the in quarter. in quarter. profits, a actually but
testimony of strength to our Another To and performing great the sign team businesses clear, higher-margin be our well. keep and strategies.
increase recent the again Regarding acquisitions. margins of majority SG&A, the with once due related to combined rising and was commissions, the sales, dollar
obtained improved a revenue, the SG&A as given Our revenue percentage of through leverage the growth.
continue in However, monitor inflationary costs to we this environment.
the last approximately Our a XX% strong over year. quarter adjusted basis expanded from points margin pretax level in to XXX
Our this ago. to a adjusted record earnings and September year over $X.XX diluted $X.XX XX% saw over versus XX%, share grow adjusted generating quarter income per rise net year
growth completed versus were The all I'll pre-acquisition their results. make year, For earnings successfully acquisitions integrated, the full comments. significant a producing we few
the digital estate strength our During to portfolio, year, in added long-term to team. our the continuing make investments of our capabilities and real while sheet, significantly we balance our
billion, operating above initial and XX% For was EPS end our revenue our the our was $XXX leverage of full $X approached high topped $X.XX. our our of the $X.X adjusted range year, guidance million, adjusted EBITDA significantly of
sheet. our industry-leading to on Moving balance
million $XXX end. to build with continue cash We quarter over at
of shows positioned delivered, XX% sense excluding end on stores at units, deposits stores paid the the customer we acquisitions a terms fiscal manufacturers sold the of ground you all units our XXXX, the have increase XX% since of Our a over of to XXXX deposits at those to boats are increase. of how are generally the year-over-year, but beginning unable associated inventory excluding in plus up and inventory the an dollars. versus XXXX. looking stores acquisitions was in in of a September give and our owned transit, in today just little be with XX% To which But
XXX This margins had today. XXXX for store boats inventory by a that has in So lean support XXXX. boats XX should in provide example,
to a increase marinas, in on in growth to marinas noted sheet our last balance several our properties call, sizable due the attributable of other the As and addition to the development of our reflects we own. purchase on of growth acquisitions. Most property is
from sequentially $XXX a grew XX% of of due again June quarter deposits This well of as Customer noteworthy, liabilities, to million. million offer, products the premium our They also to nature borrowings Looking increased to record at year-over-year, payments. September the the resiliency speaks short-term the the rose timing and we and inventory new buyer. quarter. particularly of as premium is $XXX
and X.XX X. was ratio balance ratio our total sheet current Both very tangible liabilities over Our are of these just net to metrics. impressive was worth
$XXX per or worth million, over Our exceeded net $XX share. tangible diluted
Our capital arise. for expansion balance advantage today than sheet in formidable protect to more while continues us and as strategic a opportunities been always the uncertain it times has ever, providing
Before to $XXX finance speaking our about used facilities. I the guidance, new term of debt million We mention to credit wanted IGY.
cash is less EBITDA post-merger. than to debt net of X Our
plan to expanded inventory million. floor we our Additionally, $XXX
undrawn. added a are a and of revolver, $XXX $XXX mortgage facility both two million also liquidity enhanced million mechanisms, which operating We
and the while our rates impact modeled rates preferred debt to increasing not have do earnings. material at We negative not a various have rising
historically. on likely clearly the like buyer. economy. to more also premium premium the turning demand for said industry Fed buyers, the and but the likely Having the retail an that, in XXXX, outlook the have modestly, recent softened product. trends does have operating less mission impact so remain operated generated That September value segments in Now Fiscal seasonality and of leverage to our show a and returning subsegment healthy XXXX. robust to more will industry for slow so is fiscal especially the profitability industry it is It trends to of data quarter
of given decline for these shortfalls already the peak unit already Accordingly, are think supply-driven a levels. However, be forecasted not units below supply retail industry XXXX we economic levels. shortfalls XXXX XXXX, and the the down from is significant unit and depressed come and to in do reasonable in far units XXXX XXXX, for off
should in XXXX predict, mostly be difficult we about a down the leading product others concerned end pricing economic prudent remain albeit to resilient, However, the the modestly from to in expect margin premium and modest erosion well industry We today. expect segments. above to outlook, some to far modest it's dealers levels to but more do expect decline historical be in range mid-single-digit more unit value than
little expect supply for product due add of lead keeping shares, results a historical of we to to which of million more impact and from the This $X.XX impact on along down than mid-XXs, stay will This unit flattish. in and $X.XX it's We unit continued modest per larger price that assume believe Given the prudent fiscal EBITDA We year. Southwest in levels to by segment interest marina with more modestly of below challenges, guidance the gross our $X.XX XXXX, after to with XXXX overall of a of XX.X a think per chain inventory Florida EPS the premium will $XXX XXXX and levels this margins our decline share. share and million financing will be a in same-store just count depreciation to more assume million about rate tax along premium revenue, or recovering, we $XX a offset XX%. share fiscal migration implies shy sales IGY roughly XXXX. and increases. a overall our of
the outperform updating looks forward our given range times many year and fulfilled, appropriate we timing economic to so done look progress the to to is always as throughout our year. we the being we have as believe While we uncertainty related team start you to inventory and historically,
quarter Recall of sales with was that to same-store growth Turning current December X%. trends. last strong
report forecasted to and sales healthy. is very that backlog growth with to October end Given remains encouraged same-store that, positive I'm our
call we've industry outperformed some Brett segment have over the premium for said, back remains Brett? for elevated levels. As demand the to comments. especially closing now healthy and we these turn I'll
