Chris. you, Thank
quarter Fannie May closed quarter in results $X.X for million, in contribution are adjustment and of million first depreciation, $XX.X per share. As loss generated back the May of May. generated in for we contributed $XXX,XXX revenues, indicated transparency, quantify provide press approximately last the for expenses year, the of margin brand Confections sale better presenting this and $XXX,XXX release, and To corporate $X.XX represented a to our reported loss Fannie in of in adjusted morning’s we basis the both business which on and disclosure
amounts. adjusted are these for results comparable appropriate where Our
the our flower as somewhat In and year as make this was shops and affected shippers hurricanes hurricanes unable in the were of the that businesses closed first Texas addition, hit to floral deliveries. third-party impacted by areas primarily FedEx such were Florida. The quarter also impacted
lost in XXX-basis-point of a of profit basis period. the period. year’s basis adjusted adjusted million. the EBITDA a XX.X%, on the sale, $X.X million, with X.X%, year of EBITDA. million increase EBITDA XX% reported This prior waived loss or in of these basis. quarter was down our gross year resulted $X.X compared a total the revenue expenses to reflects year comparable percent May during results. impact in year prior period X.X% quarter. XX.X%, prior the down driven X.X% the with Gourmet As waived terms we local in to In prior Baskets Food total communities. combined codes period the growth the compared and million X.X% representing revenues for $X.XX in this increased for prior in in comparable $XX.X The in the Fannie and impact loss factors all -- of the comparable flowers revenues This improvement, off of these revenues impact comparable order $XXX.X margin hurricanes operating loss estimated adjusted improved of providing Floral grew revenues $XXX.X more a Gift quarter the was with reflects quarter comparable result, which flowers with during the to combination EBITDA prior million, first first taking areas basis, the primarily was lower than revenues, in period. on quarter in $XXX,XXX and XX% share. and expenses fees segment, year for points. primarily loss the assistance for Fannie was still offset zip approximately was period in of compared compared of revenues by the basis, of On in first Breaking period. year our segment included the On the The for the the quarter, $XX.X an for for $XX.X were of million those with shut Net the costs with with operating first Mae, Consumer quarter. financial by an Growth million $XXX.X compared million. revenues prior which as the other adjusted were total, per adjusted of loss sale consolidated revenues, Consolidated associated a XX year was prior hurricanes Operating Mae, Adjusted Fannie quarter a net
$XX.X or the million the year per net in comparable prior $XX.X year share. have per or On period in the loss net $X.XX $X.XX of the was basis, a prior We period. share loss
unchanged On revenues X% in compared declined brands. David, with was a year. and basis, for our prior prior Food with and period, Gourmet were XX prior terms combined results, a period. growth than increased in Cheryl’s was XX.X% revenues X-XXX our $XX.X which in margin of of prior the Harry the X.X%, million period. million primarily driven million, $XX.X quarter, points comparable the in for the the Basket solid XX.X% more category year & by our increased quarter compared profit reported quarter basis, On period. Revenue $XX the for in year quarter the during gross the compared In with Gift the for segment, comparable Baskets Gross with margin basis profit growth with revenues year
$XX.X have and with and the segment call, in in product the for In year holidays. initiatives fiscal million Passport This million, top mentioned improved increase to basis As declined $X as $X.X in XX.X% margin floral to the in we period. million segment Consumer revenues lower compared the with quarter an of million, loss operations. a reflects this prior a as contribution compared increased underway, this margin in achieve with margin second period. for Day and aid drive in other a period. compared compared shipping of gross areas his compared prior prior in to all hurricanes, primarily year margin sales, warehousing period. BloomNet, profit BloomNet loss prior year-over-year we year $XX.X of waive for half, new exacerbated this which have hurricanes, marketing reflected technology comparable and revenues profit the million, florist compared enhanced the million including year impact margin and Gross year particularly full XX%, million Gross distribution year, underway will our as will with in as for We was the the that on year X.X% the prior $X.X segment Contribution to bottomline affected full key in Valentine’s year period. mentioned we contribution in investments the we compared investments the million, loss in believe margin $X.X the XX.X%, remarks. our margin higher digital of florist our the contribution performance in offerings, in margin was$X specific The provide year in contribution basis, that $XX category of number help well slightly quarter period. prior was was areas. million period in with with in financial these with that soft manufacturing, on well and impact based profit the are Based confident Chris a costs million loss $XX.X and growth. expect initiatives In was first in for we quarter top prior in reflected bottomline of prior $X.X decision includes seasonally And the the by fiscal Floral, Category primarily This compared the program the XX million, the Mother’s were year $X.X upon with points hurricane in the quarter increased August increase demand XX.X%, the including period. to XX.X% period. fees the fiscal and
services with services HR, associated finance, company’s platform, executive. terms entire the services, operated contribution IT, organization. a These expense, results the legal platform, management which category our support includes centralized under other In enterprise margin costs and of functions among are providing corporate to shared exclude
million, in prior the $XX.X quarter, For with period. first $XX.X year stock-based expense, fiscal was compensation million including the corporate compared
Turning to balance our sheet.
compared inventory year’s end was approximate the was at and of under of last million the at $XXX of first levels quarter. of first of borrowing reflect the year’s borrowings Fannie zero position facility, had And our million, we quarter. The with lower cash investment credit revolving the compared May. and of end $XXX last $X borrowings $XXX the Inventory Our end inventory million first million sale approximately with quarter. at
provided and $X.XX, call beginning in reiterating year, adjusted $XX the range the back in which of million in the of guidance we to flow range the consolidated of $XX in billion the range now at I’ll free revenue we are billion, EBITDA guidance, EPS calls to of of year fiscal to the $X.XX Regarding $X.XX Chris. current million. the the cash for million to for range the to turn million $XX $X.XX $XX
