today Thanks, we discuss morning Elisabeth, strategic and to good our against our everyone initiatives. and joining results us as QX long-term review progress
Before independent key with we entire three our their like surrounding me team thank the first start partners themes begin, quarter. and dedication I'd to for throughout QX.Let
eighth our earnings and dollars quarter consecutive operating in of adjusted adjusted sales, comparable delivered we First, store income per share. growth
height an In lapping while year's the addition, last environment. and did we macro of stimulus this inflationary
year-to-date economic gaining it role XXXX. did, first driven DIY and top DIY initiatives financial in much the inflation sales our what to DIY. long continued consumers. we unclear began driven sales provides demand cash amid And shareholders. the injection third, spiking back, companies this core while play demand cash use Stepping expected, vehicle our miles our our quartile weeks rising XX comparable the challenging estimate over of of return had year up point, mid-single were to digits. did from investment in industry, traction to the for The to At returning uncertainty. digits, six significant going by fuel In stimulus, the Second, substantial total how quarter declining With many we particular benefit In QX broad-based strength our with a the to strong XXXX were XXXX. this comparable stimulus. More how was our of was shareholder weeks in consumer impact final Through specifically, mid-single what temporarily prices we business store term. XXXX, strategic more are that we was in benefited start. as than had deliver with real
While timeframe economic from also year. wetter the weather substantial previous northern lot most to we a knew the the colder to stimulus spring geographies primarily this season, slow year, the included of selling had start we due previous in than and
growth normalized, four QX our impact again year's has store comparable of sales the that our weather Now last in weeks stimulus first sales guidance. is trending the and of annual within moderated the once are
XXXX lap guide. With most of our to affirm behind difficult the full we're pleased sales year us,
to particular, business proven fuel auto different inflation has professional be a model economic despite across parts resilient wages. the has industry commodities, substantial Our In traditional and cost than in retail.
inflation For over professional the strategic based these speed most make capabilities the and in manage current sales from QX, sales we've the store delivered put we the and growth comparable comp new We availability of their combined with stack. X.X% to positions price. dynamics, with of us pricing customers Overall, Advance, service, in that believe on environment. in XX.X% well customer delivery X-year reliability place in part, along growth decisions our and
basis we volatility. X-year We QX more share adjusted with our adjusted and will dividends. deleveraged margin on to helps sales pandemic were with the returned diluted line now provide grew and XXXX. in a related million on We're we previous store SG&A that Adjusted the cash over encouraged income stack to rate As accelerated our of the in $XXX points, X.X% in to points. per XX% to shareholders repurchases comparable out quarter, Jeff believe share stack X%, margin XX% through said, year. XXX operating basis grew it's of gross smooth we In consider color a as while XXX it combination in adjusted X-year adjusted financial X%, quarter important compared as quarterly shortly. our earnings operating our up to approximately total, results
In West terms the past over we've We're with of seen and way. batteries, was our brand. continued by particularly motor transitioned category performance years growth, Originally, batteries pleased DieHard robust brakes oil, as the and growth the has Florida. in led to strength the the led which two
on TSR, deliver term. previously. now of total quartile shareholder to update outlined the progress over provide top I'll our making return remains goal which long drivers we've Our four the we're an on
build culture. ownership First, an
than Second, the grow faster market.
continued Third, customer And through opportunity. and capitalize team that culture substantial to a In return of on play our to shareholders. concrete we build out our value QX, recognize ownership expansion our vital We fourth, in actions. important unique our members amount a role cash margin proposition.
take We of in result will shareholder care put improved also and customers, that team believe when members will returns. our our turn they first, in that total we
Frontline addition our to QX, the training since started, relative which We compensation, lower turnover team frontline several Fuel to to investing years quarter. can that our see Frontline and these for frontline compensation, previous contribute working. including differentiated in the In also store in training award more In turnover. stock safety initiatives declined been granted now. we've We've than enhanced are significant the safety XX,XXX the helps our for now grants and investments members, Fuel program program
highlights investments time. customer experience. more here turnover over contributing that Net in member differentiated our team intention experience build translating is to customer to our improved Score, improvements are an in Our and is The to reduction a Promoter which
incidents, XX% continue now of total we've safety focus we our began rates. we are incident pleased X.X%. report see to decreased is on seen quarter, lowest that in measuring year-over-year our to and across since incident The terms Advance, improvement reportable rate our the in and In year-over-year
topic can corporate sustainability We of priority, this online. in easily available one you value culture initiatives report, to Some a this drive them. XXXX social are make shareholder and is ownership Building now our about more and an not replicated. which is read
building is any our availability national We that the installer already for base of asset are similar. our professional grow focused improve of and brands enable faster our our or rates. any competitive through terms to about parts installers do trusted expanding low diversified customer, parts well DieHard. our that about perform also application here alike. high-quality all not that the we it's of return In Carquest is This OE to about just having brands. We're TSR and availability of models. by on that also long-term post having industry-leading second lineup parts advantages. mix brands, than sustainable includes driver, Availability DIYers objective market, part and the spirit, having In job parts billion-dollar that continue easy, installation It's have and differentiated and and the assortment
technology, world-class our With the with assortment to mix innovating leading for brands, breadth Carquest of and serve customers and and all models. training DieHard we're
As require is for optimized the and grows, there car we to products customers part growth that are that demand and applications country. this not this EV internal or X.X we battery. of concentrated electric vehicles. is XX-volt particularly areas for XXXX, professional battery look the million single to at certain of both thrilled these and by known and as one combustion part vehicles There parts specific country. increase DieHard the fully expected electric engines. years that in vehicles. looking going are ahead the This hybrid announce forward, hybrid With are our these first-to-market the consumers for Today, mind, are across vehicles By car we're DIYers parts to XX said, of exclusive it's recognize already in million That number to every Advance's widely battery.
already research and increasing. vehicles the that our demands shown addition, on has these In power significant is
lasting XX-volt not batteries, consumers as With as the long existing expected.
EV electric our reliability improved durability performance, designed and Our longer-lasting and is to DieHard about not hybrid But serve providing battery electric and just new vehicle better all is hybrid and for plan owners for batteries. superior vehicles.
addition on parts now available. vehicles. and electric our thousands offering battery catalog and full products of of expand In hybrid continue our to to for DieHard, parts electric hybrid and we tens have We exclusive
we've operations widely in years. we North or these vehicle event closely & across business Training the Florida. our training Expo, America. held COVID, as known STX Supplier industry virtually better STX March, professional hybrid in is In two vehicles. sessions of conducted are the training They Due with too customers customers been working to and electric owners. In annual our technical repositioning serve the and and were business addition, very in to past our professional terms their aftermarket largest automotive of over
More automotive service to our this to able we riders attended. be X,XXX person Expo extremely So other Training than Supplier in & are professionals year. shop owners, technicians, excited and host
extremely and classes year's to electric. hybrid in vehicle autonomous serving and summary, electrification well remains In including and demand on committed Advance all this received. high owners, were battery Importantly,
with that customers From a business digits, channel in are plan pro In addition, led Shifting by Carquest store and also to so double meet comparable our strong the QX. both TechNet pro to we with in of quarter with work a accounts us again, large quarter. the our mid-single-digit ready growth base. LI Once outperformed delivering perspective, the collaboratively Canada. needs Worldpac professional performance customer of evolving our channel strategic to our grew
with membership we the nearly grow. members, added quarter continues QX, TechNet to XXX members. new through over And Our finishing XX,XXX
to our quarter strong again independent with independent and bring continue our once committed Carquest more Independents. we partners Carquest Finally, to remain a orders We had family. the to
volatility DIY Moving experienced declining This mid-single on most to in business business. the digits. quarter, omnichannel our the
we weeks of as last extremely soft first the back six earlier, had the we difficult mentioned very quarter, a QX weeks of XX half stronger from with comps year. As final much the lap
both in economic quarter concluded the of that our performance was Our impacted weeks DIY weather. in six last the lot the and stimulus analysis
country also impacted regions to as timeframe start stimulus, our these the late underperformed spring was a during on impact the entire the larger South by North geographies. regions this While had
four seen it's is weather in North recovery and during temporary our QX. already and the while of course, the first also factor, in DIY we've the a uncontrollable, weeks Of
stacks pro the quarter-to-date. DIY closely, the we're by we're of X-year encouraged variables watching in consistency both While all the and
of Speed Gas increases last In rates. Perks, membership graduation announcing experienced program and our both Rewards quarter, terms in we after
In XXXX. addition, our increased QX compared percentage basis transactions by for to points XXX fee
to to and We're After we're execute to and XXX XXXX, this to stores also progress opening new efforts, our our new customers the new opened related XX COVID-XX, Advance. expansion of in making branches in and our stores expect conversion on XXX stores our to the new between California. and annual continuing to delays quarter, with plans store we including store team expansion in guide. open members Turning welcoming first consistent
as margins further broader believe is in TSR remain to we which in the outlined long-term third driver year. plans within on capitalize last confident to unique Our We Advance, expand is opportunity expansion margin retail. our
performance quarter was gross significant first Our improvement. adjusted margin highlighted by
Our efforts. category expansion approach enabled was driven pricing and our adjusted margin by brand gross increased through strategic to management expansion own and
a levels to based as pricing granular across business. we able inflation, it's ability cost much We channels. our level, better than While made take dynamic of we've essence, the across more more no purchasing dynamics to price allows variety categories paying This is factors, increases at are size record With we're In the adjust. important appropriately our to capabilities This not and off. tools, enabling fits significantly market and strategy what's investments now pricing behaviors the one pivot in and actions and strategies experience channels dependent across customers, quickly improved different competitive all strategic new longer in evaluate past. a channel This We're surgical targeted upon elasticities much regional approach continue very including a to model. quickly is has understand to shift and to us other. our us react off now one within our of intensity. customer our with to or
across sales empowered assortment within leverage categories roles to have the to us differently, variances Our in while reacting our markets. play and
the but margin pricing continue these continues not and enable we expanding the also just system. own the of expansion XX% across as an International undercar products close distribution sales, drive tools use our top drive Separately, confident in into competitive national us our along grow into the penetration Our strategies the to management all-time quarter. brand integrated Carquest will and enterprise installments. with reached analytics brand Worldpac's profitable We're This through Autopart to be led of robust by to expansion high of substantiated engine to was growth. line
into all as Our the store chain Worldpac we and of supply of evolve infrastructure. to the consolidation AI locations International. the transformation By we Starting integrated transition our to continues QX, of with technology the enterprise-wide end Autopart Worldpac stack.
improvement an As we fill saw customer from rate. result, in a a significant service increased
availability. to through service customers' can and grow needs respond to team of business brands expanded with national them professional our their help coverage and partner and quickly Our members improved own
chain Additionally, we Warehouse or move and single our Advance to WMS. System Management to continue Carquest supply a
QX, of of the to we As volume unit seller XX% distribution network our by transitioned approximately new measured as WMS.
new to planned end the labor at as complete With continue with DC, expect our the WMS to implementation the of we new and by of management system rollout follow XXXX. this each
speed replenishment late location In capabilities. building for supplier point This QX, ship stores our of e-commerce are be to more support in and capacity and new of stores shipments valuable this new addition, began Bernardino continuing Coast on expansion. DC our take meaningfully our out our we to consolidation San to to first a West to and will improve ramp
DC be expansion the and excited to support QX capacity capability have operational Our will remains to with fully this XXXX. We're our Canadian track increased very in Toronto new investment. on about plans
Despite costs and more were summary, of Jeff cost than well other to Shifting we're industry as to as closing costs. turn in remain to delivered term. parts, car ability new to store SG&A, inflation detail shortly. more including reduction the broad-based driver, TSR over are start-up network this believe time, rising review DC increases improving In I'll and per in another in the our execute were factors QX, rent as an to vehicles we strategic will miles offset to drivers over savings In Jeff to At These on our we in Finally, overall million QX confident external by additional continuing we we as driven our deliver growth to new increasing these the year. XXXX environment, cash we'll Anchorage store and demand, macro corporate such long-term and review located long and plan. efficiency, same remains initiatives. prices. that announced our final continue challenging and of while cost our cognizant spot now over and our returning anticipated, our we quarter guidance that sweet of X improve be in largely teams labor positive SG&A to fuel shareholders. the executing for financials optimize the to industry this call headwinds DC recently our hour,
