And XXXX. our noted, are full good XXXX. to quarter fiscal everyone. comparisons and of are our fourth morning, otherwise Mike, to you, annual Thank year quarterly the the financial comparisons Unless
increase in during fee costs service during a gross as our primarily fulfillment driven revenues revenue For and well towards mid PFS from its consolidated increased segment, QX, million. XX% labor PFS’s higher sanitation or growth our our remained continued revenue to to The fulfillment increased as typical to typical equivalent was costs SFE in robust activity services well to as of our fulfillment of the as by in XX%, guidance XX% range These and $XX.X due existing LiveArea’s our primarily margin XX% in in mix quarter margins the to new the clients related generated LiveArea PFS, quarter. percentage guidance U.S. with revenue the was XXXX gross below shift of XX% rates margin segment. range come the to XX.X%, while compared gross of in Service caused within from quarter. range fourth decrease fee XX.X% a
some from mix in somewhat me on being by more margin gross activity in Let There PFS revenue impact larger fulfillment our of color percentage service margin. resulted category. our PFS growth generated this was the provide as revenue lower little a gross the a negative
frontline that starting toward QX including impacted rate have fourth our of increases our end quarter previously, XXXX, permanent an both XXXX, workers U.S. fulfillment labor the for In the Additionally, the increases ROE approximately million million, $X.X rates as centers. incremental estimate experiencing costs temporary by half in certain in second of we labor began discussed and our of alone. we the we at of $X.X
year. incremental We during costs also incurred PPE an million estimated of related the $X
high this continued for these clients. pressured preserving costs ensuring at health levels during was our our top period, margins of we performing team that our and our the While priority
margins. successful during was costs, in While our fulfillment still related were impact clients offset partially generating negative the on surcharges a from to some fourth we quarter these there certain
compensation, to the variable activity. Additionally, million XXXX. costs segment increased in These our service to were to same gross segment. the the put million strategic non-cash of costs centers. our hires increases of growth reflect quarter technology margin XXXX. related quarter IT compared negatively well $XX.X $XX.X XXXX fourth certain was the such support was in including expanding facility aimed startup personnel The are million costs include and opening compared of the stock XXXX costs, the related EBITDA bow increases compensation related SG&A expanded to million as as at and period LiveArea as reduced in increased fourth of project, in for the PFS same impacted in our by the Adjusted $X.X the period $X.X of new distribution offering the personnel also
and previously Our costs. expectations was other adjusted margin the which personnel as pressure related targeted as below in PFS well discussed came impacted our slightly EBITDA, gross by facility
This operating the leases cash equivalents million position net $XX.X December debt in of $XX.X and cash was to resulted At balance approximately excluding million. million. total XX, and sheet. totaled $XX.X XXXX, debt Turning a
card industry reminder, service debt our of million net to negatively put in we navigate approximately client. offering with we discontinuance related from in liquidity are XXXX. remain pandemic. impacted one changes believe we by environment bow we level credit the a well Overall, into activity of future capitalized our $X position to was amid our And the as As are the our component a comfortable progress XXXX to
million, the which within including Our fulfillment total the operations leases, expenditures brings centers. falls fourth through $X.X capital new ramping of our our XXXX driven primarily previously capital capital This and capital to expenditures expenditures quarter expectations. debt our funded million, XXXX by at in stated $X.X were approximately
fees on fee LiveArea’s we these to outlook, growth Moving segments. expect service In to light to service both XX% of drive XX% achieve for our to XXXX. we business XXXX expect e-commerce strong trends, demand revenue of to continued our XXXX between compared of expansion
sales our resources of XXXX, to XXXX in growth capacity revenue PFS With generate EBITDA generate – the expansion and we support cost improved, delivery expect in consolidated, segment, compared to fee with For additional inclusive in growth to adjusted our in company-wide PFS, X% we in conjunction continued service investments sales focus this XXXX. to compared on expect LiveArea. XX% margin to to and revenue management,
expectation range March the do and is For adjusted our current to a overall of service level, in XXXX fee level quarter, increase as well compared items due incremental continuing in But to XX% our XX% growth XXXX we COVID the to incremental to year reduced add support few certain quarter some EBITDA guidance. for calendar costs regarding costs XXXX. other we wage earlier to EBITDA of expect the revenue first as the A outlined LiveArea. initiatives to
to fee We year with to XX% service gross XX% continue range, relatively line target XXXX. the in in overall full performance margins the for
professional infrastructure and by will the technology of this services fee the services service proportion impacted always, be related PFS higher As related product margin versus activity.
in from $XX generated XXXX $XX in million to continue will expect XXXX. the we to $XX million a product We million that of to revenue level our decline
revenue expected growth. X% operating XXXX, targeted be as in personnel marketing X% increase do expenses to to this to the in facility to and expected support in our Our related range. gross expect on as incremental cash well product sales costs We is and expenses, an primarily margin based
We $X consistent relatively range to million expect million $X our with XXXX. to total expense between D&A
We XXXX the million our is to price. million, expense expect difficult predict to our market ongoing share in $X in a due fluctuations decrease approximately this stock compensation but to to to $X
given remarks. Jim we expect income will subject level and to updates necessary. communicate turn to my COVID-XX, call the relatively to expectations and over Jim? highlights in These through For interest prepared change compared as This these as course expect any to expense. uncertainty expense, I'll we walk concludes the a are maintain moderate amid to stable increase to of a in operational tax XXXX LiveArea.
