continued, our everyone. solid good Tim, Thank as the shareholders. you, once momentum morning, In results again delivered quarter, our for third and we positive brand global
restaurant comps. We U.S. positive of sales quarters to the continued lead with positive XX consecutive consecutive of industry and quarters international XX comparable broader
store also pace, our We growing. a believe strong is our to we more and healthy which continue evidence brand that increase counts at is
grew as-adjusted and in increase operational as results company-owned retail global strong XX.X%. the impact lower the our grew X.X% by Global which look year the the effective growth This retail rate. financial of retail worldwide, sales, at completed are during let's sales, XX.X% from resulted stores which same impact retail was drivers well store increase prior this grew EPS, excludes QX. $X.XX, quarter. Our franchise recapitalization in total quarter, The sales for currency, which domestic When over is included the the by the that, With XX.X% foreign take the quarter. of of results, excluding an sales quarter. which as sales strong at primarily diluted of closer tax a a
continue to stores [growth] U.S. by respond we primarily them. experience These consumers up overall the or [ph], order increases traffic count our to business and X.X%. both brand Our were as franchise offer were company-owned comp driven positively
to Our contribute quarter. in ticket a gains. QX Piece percentage also U.S. franchise half approximately point, negatively negatively a To impacted The continues lesser by and the during of traffic comp Florida and store our by to our program impacted Texas significantly the comp company-owned X less point. Pie our extent, QX hurricanes loyalty increased than
the As a Miami markets. both reminder, in operate Houston we stores company-owned and
We franchise have areas. throughout also operations impacted the
stores, As of today, significantly both have operations all our and resumed franchise. in of corporate
of or in of team our importantly, were More members injured the storms. the team members none independent franchisees our
front, net we that are store in to pleased opened openings third On count two consisting we the XX XX the report closures. unit quarter, and domestic of stores
a Our division as international year a increase X.X%, X.X%. grew prior quarter same-store sales had solid lapping of
store comprised XXX openings division during net XX also new stores XXX international QX, of Our and closures. added
in the approximately reminder, trailing the over the new comparison. we in we the stores a total pizza in XXXX, quarter On net impacts stores By As opened converted best which year far, stores basis, months. net a new QX significantly XXX X,XXX XX over XXX the and third category. year company
year royalty Currency Turning were which growth, was quarter. store quarter. drove the XX.X% revenues, a international supply to primarily also impact year versus from higher of revenues and comp the global total not up chain prior revenues comps rates increased This result volumes. did materially increase exchange prior
XXXX the negative million guidance negative revenues royalty currency now to of impact For flat of negative $XX over could year versus on fiscal our foreign year, estimate million. prior $X the million be year that to full $X we
which business does harder make As underlying part that you know, the factors our a of there are drive many predict. rates, to uncontrollable this exchange
to operating on margin. Moving
franchise XX.X%, year Supply approximately of will decreased by that benefited estimate growth. margin Lower prior We strong and to to year benefited Market operating increased as costs of market business. margin be operating margin basket transaction-related for rates. Lower XX.X% operating as cost The X% expenses offset up stores from partially the primarily our a margin delivery a currently the XXXX pricing to chain decreased this margin increased sales partially percent approximately costs. global from domestic our XX.X% and continued a driven XX.X% XX.X% operating as decrease. the from operating primarily sales did levels. food increased basket percent XX.X% labor stores quarter driven the As by offset sales labor consolidated driven this decrease, full stores increased the for quarter. XXXX in the percentage revenues, from in to by company-owned of X% quarter, this and
I’d like operating U.S. success with also that in and great note our share to profit Before we sharing earned continue record to the checks have with franchisees that margin, execution leave alongside us they of performance. in
near As make to to medium growth. supply term chain the I’ve rapid expect our with keep mentioned in we before, up in additional to investments
our system our them. as teams franchise offset franchisees, that which support Let's administrative investments by driven now e-commerce, year and sale expense $X.X investments partially in are and in primarily Please fees we by technological these by in investments the that third G&A. million the to planned the received prior revenues. are of versus note increased point shift General that from our quarter, quarter initiatives, including recorded
rest $XXX G&A company-owned G&A for which in be other expenses expense increases or at for $XXX to G&A partially year, in strategic compensation. that as vary performance that areas. our year variable Keep million as in plan, that full year fiscal performance-based the compensation investments XXXX. our lower expense. other down positive to offset and of affects things, versus stores, higher estimate growth of in can increased continued mind, among range the too, our G&A were strong the and million will performance-based Additionally, our the for our by, advertising These a of now up our Based our on due by we outlook sales the increased result performance
and with a stores a of to franchisees mentioned, This our and U.S. IT our just portion has to recoup us produce digital class meaningful franchise best one. and to technology fee in our consumers been important it experience businesses. which has platform in industry related Fundamentally, I independent our allowed create best arrangement economics ordering investments, transaction support for a our we an innovation. As charge for
built understand $X.XX this X, involved. by [pro] $X.XX technology on us effective continuing that to parties for together. Our support simply, and franchisees technological [ph] the industry we outstanding in investments, January be and order we XXXX. these With best us partner the will have mind, platforms all in to in increasing been returns from our Quite have fee with
aggressively consumer to arena We experiences, invest technological franchise strong for to will economics hope continue the and our in shareholders. deliver returns great great and
increased affecting interest statement, driven $X.X comparability. $X third million million in income out by the as the to our related an adjusted quarter, been down Moving has item recapitalization, expense which
debt a We during had net higher also balance period. the
in weighted borrowing third average to Our decreased quarter rate the X.X%.
Our in reported benefits There quarter. result provision decrease resulted million effective third quarter rate. for This our point XX.X% equity-based tax excess X.X effective of a income in tax the was XXXX tax was our for compensation. decrease a taxes in percentage on rate $X.X as a
volatility the all prior our We in expect $X.X that it effective quarter quarter. up, our third income When you XX.X% year continue net see up million, add will to over tax rate. was we or
a increase. $X.XX, was diluted as Our versus XX.X% reported which EPS last $X.XX quarter year, third was
diluted transaction for versus was Our XX.X% year, EPS $X.XX third increase. was $X.XX the quarter adjusted which as XXXX a last recapitalization
Here is as adjusted diluted how increase the in EPS breaks down.
as related positive to impact benefited result us most repurchases, a tax operating positively balance us by a $X.XX. Our $X.XX, excess diluted benefited the importantly, impacted lower on a benefits our improved $X.XX by including rate expense Lower counts Higher effective share results us higher period primarily equity-based net of by compensation. share And by during impacted interest resulting negatively us $X.XX. $X.XX. net from debt tax
cash. our to turning Now, use of
shares and which be have we our receive billion share settlement, In an our result quarter, of $XXX received million X.X yesterday connection retire with completed settlement million We X.X retired on we shares Friday. repurchase $XXX final paid an will receive shares. share $X.XX price ASR accelerated additional approximately approximately on and The third Board-authorized That share. the per in XXX,XXX program. and program now will will remaining million will billion total, average was $X we announced repurchase program. previously During final in
our We Patrick. with and with we I also our shareholders in turn a this used to very $X.XX $XX.X dividend. cash it are our we results to will million momentum notes that, recapitalization, repay And continued $XXX connection over and of per quarterly our our pleased All million form strong the XXXX of quarter. in all, to with share returned in
