you, Thank Jonathan.
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have data headwinds on the challenges around quarter. presentation on elaborate in We these and further some the third faced we'll additional we in the
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we that We to a these against hold of we the metrics strategy. us that have use in with shareholders our our accountable progress share our judge against set objectives so progress can that you
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product a how find is customer for is that product easily able benchmark to first quickly measure a a The and finding essentially of interest them.
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to and they experience solid effort customers ongoing cost-reducing our other our costs. our label other us the deal-rich which our the initiatives for to can That provide improvement and provide retailers In This program improve continue our the be expanding of slide. next combined value-enhancing some had love, Next has in gross results a our margins private on with our allowed insurance versus perceived slowed of seen with we while said, year-over-year. bit, reasons rate advantage price slide. even to
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in delivery as scaled on we the left, XPO two-day quarter based you levels also on degraded dipped see the with our chart freight mentioned. our messaging service previously the On the
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to slide. In effort Next greater our we and to last to began execute our initiatives transparency listing accountability we on to roll out quarter provide intended the shareholders, strategy.
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Next slide.
reporting cost returns Doorbuster reason, for Black to of QX, style that Friday initiatives based our O as two-day pre-positioning see you'll ongoing learning like For free initiatives on Deals some well continue and for lower we in and intend personalization, new Club machine delivery, as members.
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we quarter, in is driving intend anticipated. and dollars, opportunity factors While in believe in fourth came reinvest revenue line the contribution We more the in in were and so compromising quarter. other the in macroeconomic contribution to turn, do better than to margin and lower-than-expected without margin there top drivers aggressively gross
Next slide.
previously dollars. for to contribution reasons did expense job discipline an their preserve hoped While come did where contribution had the in team mentioned, the in we quarter admirable not in
did had retail we for we in even hoped while finally, improvement contribution quarterly And a slide. XX% see Next contribution year-over-year. still greater growth,
XXXX of The macro our profitability to of and of first market of take advantage the than posted strategy ended is example strengthening our opportunity. We the an great believe, will with condition. spite -- the its environment, value market growth. our pursue market proposition our represents that in positioning this of the much continue in we value in stronger year A performance proposition current year business when retail to value
discuss to some corporate large. on time turn at let With updates to over business that, the me Jonathan? Jonathan
