for and morning, thanks Good today. Brad. you, Thank us everyone, joining
with PGT results. remarkable solid It Our strength was third was a quarter quarter courage, quarter filled unique Innovations. a for and
the XX-foot storm high-end the and of speeds the coast of path XXX-mile our dangerous the storm plowed Ian, been hit What powerful September for most a amazing. through storms days a Florida. Ian we ever hit wind you after to has in was of storm among witnessed coast state the destruction surge, XX most are on of As Hurricane X with a aware, Southwest and Florida Category
storm of The made X,XXX The Fort and Myers, of a heart and majority members courage. live. members our winds of landfall Fort flooding approximately devastating from where rainfall and Venice team Northport. First, Punta Gorda our and the team in Myers impacted
Some homes, without power weeks. water lost and for team many were members
strength Immediately mobilized Innovations remarkable to hurricane, and distributed on water welfare essentials We the team to after tarps, members, our members. safety. Second, team commitment. chainsaws, and PGT affected and our check generators, other flashlights,
to them We Hurricane caused a also as our damage had as suppliers many the result we outpouring and of Ian, provide of by customers well. for partners, express of gratitude would like and an also support
we on not in Third, West our facility October results, closed Florida Tuesday, X. Monday, did until XXth September the reopen and
October the could still though of work safely When any to ability not the While pay and X, flooding to reopened not to our our not make our be homes. able produce many we as hurricane, our the meaningful team did travel as members facilities during to facilities to our decision continue we damage production trees our members it could on at from due to as sustain work repairing own from that their road were We schedules and experienced as team lines not closures closed. even facilities facilities power focusing safely. our those on made to employees will physical limited we realized normal we to return days, down well
otherwise we able had various shift the to one safely we only than production make first shift travel expect manning Productivity was lines. what were members would less operated with teams we as week, that our During work. team to
begin members to able work. recover, to of to team were many As the affected communities to gradually return started our
In codes reported unfortunately homes the Florida and impact no the our homes failures. built dangerous production many month. able built shifts And we building work. and to week of During but of were important, gradually aftermath building last were survived destroyed. number codes the this the increase storm, we prior month had on to very extremely the of improve of first to Florida codes, October, from
various and testimony the footage it with apparent this review, no survive help Innovations In is products PGT have devastating We of devastation. storm little or very home that damage.
Moving quarter pleased strong we despite I am we on third announce to our very faced. another quarter results, to challenges the delivered
grew Anlin for continue key markets. Looking contributed see we the strength X, to key across achieved for sales quarter million. quarter messages We $XX organic of on XX%, our at Slide while XX% net the our as growth
with important close to product pleased facilities, that estimate quarter. Hurricane closures shipments ship to our and limiting from those week manufacture Florida production is and Ian While the during results, third ability to the our of We by West us note last points locations XX% it quarter. during impacted facility the were the quarter in improved during I’m the basis caused million to the quarter, profitability. to to by compared time versus our Also Prior quarter. year a key hurricane, average the quarter. $XX prior to year margins for approximately ago XXX we reduce Adjusted EBITDA we brands able continued gain our lead
the over we inflationary successfully implemented offset quarters, last price to pressures. several Additionally, increases
to pricing face continue will costs. actions We where pursue escalating we
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not address and sight sales economy continue environment, home in the we interest lost by the uncertainty the macroeconomic impacting the rising that new are have are presented our facing a rates, things hurricane, slowdown challenges customers While of partners. and all to the U.S. we
quarter. We sight our protect us streamline not margins believe fourth while products the operations expect of our serve the when After to our purchasing to these effects decided allow an demand overhead comes further to take our have XXXX, indicators of actions costs to and in reduce will products. customers. We Ian lost and we awareness would these during Hurricane proactively see Irma did and and indirect it seamlessly for to favorably to our impact increase in continuing our actions
too it quantify While still any the in of expect offset early the economy. softening would to we the impacts will is help to demand slowdown certainly Hurricane in see from Ian, that increase
in new example, For path markets of seeing storm. in strong we our demand are in the South the October,
in our quarters coming We optimistic trend for our are direct-to-consumer channels this as over will dealer the into momentum that translate channel well.
fit history profitable which a footprint complement geographic framework U.S. has building adjacent about premium another expanding for the an our the brand our garage door well-known supports as adjacent cross-selling our supports product creating growth acquisition, our premium fully by customizable well Innovations both Next, Slide X an cultural market, The PGT details provides in Western high-quality, strong this by Martin overhead the doors into move capitalize dealer, name criteria doors, entering country. our Western portfolio, brands Martin to Innovation’s category. XX-year and overhead garage portfolio builder opportunities building to category to geographic for to PGT and across a serving our commercial indoor end both division direct-to-consumer the product footprint of and adding brands. channels distributor, and product companies. us products expanding helps an market to existing the strategic expansion with categories windows product and first category building aligns to This door opportunities within and our transaction and cross-selling region, high-growth adjacent portfolio creates strong The presence residential and of extremely product our on existing opportunities was our entry adding markets. across Martin window in the the garage within portfolio.
process focus a innovation excess is with and much underway on and cash will the all demand brands, XX% efficiency exceptional going great fit for and already under in EBITDA custom organizations. garage priorities conversion. is producing making unit. both Market PGT Martin’s Additionally, generate across integration The for it in Western quality, flow is very allowed has in Martin’s of Innovations margins its it and line strong doors PGT Martin business our Innovation operate found products smoothly. safety to
that let’s a Southeast growth Next, brand markets. XX%, guiding In strength on sales reflecting of was year in the take organic Slide the sales our quarter. are organic from our XX% Total closer outlook. prior trends at region, look our portfolio X, grew and demand the
destruction dip to their of for to prior a homes and in demand with resulting in drive flooding we Fort doors. across these storm by caused sale storms related seeing building the Long are storms repairing and for storm-resistant area, be Myers higher new are is protection. This production to on focused in-process meet older recovery. ready We repair as new awareness, impact in windows with dip will Southwest which repairs premium promote will levels the as infrastructure term, codes, focused homes. and communities the that the builders required are hurricane are damages replacement Florida builders and consistent to the Especially on homes demand challenged to expect of the with our
to help new the reflecting will in XX% the During continue production sector X versus growth upgrade region, business. an strong Western quarter, agreements to macroeconomic years communities, weakness. with our for This secured the which offset strength ongoing X living organic exclusive due indoor our prior to past In areas. our year we builder quarter, was outperformed expectations demand outdoor any
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of end impacted strong profitable drives The quarter, to primarily performance the the Ian. our business XXXX deferred million PGT investments. summarizes are the end of also the due at Ending quarter as to we in $XX the million sales of operational of the third start fully framework our backlog reduction is from Slide third at the the related by $XXX operational $XXX of at core year. our growth. was backlog and recognizing X Our backlog of impacts down approximately Hurricane strategic the million that is
Our features, demanded value and is deliver our drives products which first performance and to innovation, with customers. pillar by us builders customer-centric
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pillar second is in Our talent. investing
targets. year, Innovations. caliber their talent the we Over achieve PGT our success growth last our team the and to hires members XXX have helping of company incredibly welcomed in pleased Martin new been both the our recently experienced talented We and with
is in line third manufacturing our growth. pillar transforming to our with Our operations scale
back flexibility, operations. reduce processes operational our to orders improving or Our and prevent manufacturing efficient warehouse maintaining
example. prime new allocating The fourth Western times at for foot is our achieve improved Western growth. to offers as facility XX,XXX Window lead expansion flow square Our cash producing profitable a is our free pillar windows strong customers and
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like over Kunz greater review to third John in I’d to detail. call John results to turn Now quarter the our
