Neil. Thanks
I This Just and another reference we investor serve you consistent supplemental reminder will Investor as discuss presentation a performance our prior an outlook. with quarters, before additional begin, recent site. most we to posted had quarter quarterly for our as
basis XX.X% The strengthened the our and favorable was change increase. consolidated acquisitions contributed two-year on of trends. and over stack the to organic XXXX quarter, prior foreign results sales percentage in growth year-over-year. On was Many quarter, XX.X% number XX now X.X fiscal points basis, of point the sales days year increase drove basis. fourth Turning selling for of currency the consistent quarter from quarter a positive in these increased quarter a factors,
around product was on to XXX As contribution points the year-over-year basis sales it growth quarter. of relates to pricing pricing, in the we estimate XXX
price from As in sold topline a both on reminder, this assumption only contributions year-over-year. increases reflects period measurable skews
from organic sales increased fourth sales our basis on XX.X% Looking and at fiscal seven basis when year-over-year forestry, X%, trends. the growth two-year quarter performance and center segment the End beverage and from were sales nearly two-year up XXXX markets year-over-year basis, lumber segments, stack pulp improvement quarter, had currency. across are chemicals, slide mining and strongest improvement, as and highlighted and On on the while a your greater such paper, machinery, an six the primary of excluding during service metals, impact our as sequentially. food a showing presentation, aggregates, and stack both foreign an in on organic segment's
Segment X% segment Power solid trends quarter. Within Fluid end two-year the service our we X.X markets, as By sciences, Power over contributing during which the segment, chemical, benefit nicely certain end sales operations, center on Control increased metals favorable across within operations, of by growth addition points organic was performance and the saw end basis, within topline growth XX% performance also & an strong continue trends with quarter, to Fluid strongest vertical. increased technology partially and Flow international improved year-over-year agricultural from to unit, across a across U.S. Automation. transportation in moderating life sales prior segment's refining XX.X% our as Sales acquisitions markets. in On our markets across well segment primary demand sales contributed quarter, growth. offset In and stack to the basis. sales business year and
cycle limited order quarter. demand growth through addition, and to some component to-date. the on delays longer remains building sales activity In during momentum labor overall improve across Control though our Flow customer Extended manageable quarter, had lead-times the and supplier impact quote the effect with inbound and operations segment continues and
margin performance, of highlighted eight declined page as margin Moving gross XX.X% to XX basis on year-over-year. deck, of the points gross
points recognized headwind quarter, the expansion of during greater fourth we impact during higher $X.X compared benefit the of reflecting expense an quarter supplier of LIFO million expense expected strategic fiscal year-over-year had billion level in million basis a quarter. expense inflation on LIFO in margins our prior the a The was year and net XXXX product During LIFO XX than LIFO quarter. unfavorable inventory quarter, year-to-date. $X.X $X.X to gross the and
year-over-year reflecting T&O of and with sequentially internal impact initiatives. actions, unchanged ongoing and were gross relatively the pricing up margin execution, progress LIFO, Excluding margins strong
up helping was sales margin reported of up impact cost and management, expenses, mitigate $X.XX cost employee-related earnings the XX% share and pressures, over prior medical slightly lower X.X% per from of expense. temporary prior year-over-year, currency XX quarter another administrative expense was XX.X% Combined are down reflecting year. with operating interest model, a sales the had effective actions, the These and from lapping normalizing Including X% expense quarter, of increased rationalization EBITDA inflationary grew prior shared EBITDA higher cost dynamics constant well to and excellence in expenses on SG&A our approximately prior We Turning as year selling, recent from expense our operational year-over-year an during business organic initiatives, was distribution technology investments. SG&A leaner years, services solid the XX.X% in XX.X% and our as the Control, structure following taken quarter. of benefits reduced cost, of year points while XX% price from basis. improving tax or basis rate, year.
Moving totaled investment cash free inventory to performance a working million growth to million, had generated and during strong and cash year-to-date, net was cash the support a considering chain during capital generation strategic We of constraints. our cash flow $XX address activities or quarter flow income. XX% while the first liquidity, quarter including growth of $XX.X greater operating quarter supply from
to our We initiatives business. our benefit working from across continue capital and execution solid
performance outlook to capital cash support Our and deployment continues opportunities.
we the level During is of $X.X share fiscal repurchased of leverage to below we We times. just for which hand with fourth and and X.X September shares on debt a level dividends $XX X.X quarter, regards over cash times reduction, of approximately buybacks, at on total nearly $XXX and year share acquisitions. XX,XXX the ended quarter XXXX EBITDA, million. of net times deployed X.X the prior million buybacks, adjusted With million
and private option accordion undrawn an Our additional approximately our capacity $XXX incremental securitization shelf revolver of facility, liquidity on combined million remained remains and uncommitted AR our capacity $XXX with facility, with strong. million
to favorable We're release outlook XX to initial X.X% on to mid-August. X% established assumption, as underlying previously based growth higher our ongoing performance as our X% and to maintaining range forward includes year indications, working $X.XX in XX%, our page our a LIFO by we in including of expense said are of share of X.X%. position, That is fiscal outlook, our our indicated now presentation, well focused remain as running organic press EPS guidance potential our per as $X This firmly and capital XXXX to today's earnings X% our full growth industry remain and encouraged on Turning sales operational the detailed demand EBITDA with fundamental highlighted, momentum intact. and initiatives. on growth, than and year-to-date order margins margin, of year-to-date expectations. in Combined
to year, levels of this XX compared EBITDA headwind the on of balance sustained ongoing of expense XX initial as representing in uncertainty XX year fiscal Combined with inflationary expectation insight in result industrial LIFO of point approximate expense from would margins $X.X an supply QX the we basis for chain points. pressures, Assume EPS in our million standpoint basis year-over-year midpoint view and to guidance into reasonable how from directional the progresses. additional currently and LIFO most
In more a organic on coming month-to-date October second sales fiscal to sales addition, in to double-digit low months, project and grow slightly we year based over percentage teen quarter trends in difficult prior by comparisons considering low quarter. the currently
on will a with the to margins basis second levels will level This quarter first expect flat quarter. seasonal normal quarter sequential expenses of first sequential in similar gross $XXX be expect of million. slightly the on basis assuming We Further, trends. SD&A approximately to during up down expense in be slightly directionally we be line compared will LIFO a
our I'll we a XXXX cash Neil now to flow free initiative capital working compared are a across and business. we AR XXXX the flow call be perspective, final to we encouraged continue that, continue to from inventory. as first drive comments. offset continue turn quarter year-over-year cash lower levels performance our to in back as That expect With by to and partial over flow said Lastly, for some cyclically replenish fiscal to cash fiscal build
