Thanks Gerald. per Overall, second the were sales, high guidance our profit our at and quarter end earnings of for share. results operating ranges
earnings million. and cash $X.XX quarter, year. increase flow to GAAP were of X% was from billion, the $XXX and Adjusted year $X.XX million. last sales operating an For over million $XXX respectively. $XX share Adjusted were increased And $X.XX over per operations profit last
with a last Sales that increased were over the let's results. was foreign as constant of higher impact the our pricing details offset basis, With exchange. and up Adjusted the from million over from costs summary, significant X.X% and higher last $XX margin Champion year. XX% contributions year the to gross and quarter turn in headwind despite currency quarter's consistent a year exchange. X.X% the from sales prior of margins input On negative foreign outlook
impact the million $XX basis foreign of profit included currency operating last $XXX constant currency exchange, and points last up year. of a excluding margin million. basis, in our was headwinds year. $X gross of was to compared quarter On investments growth the as This related approximately million over Adjusted XX
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with year. let to me segment through take in Innerwear performance. compared you guidance X% last sales line our were Now our US down
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XX For of to Innerwear's quarter, basis point line our was margin lower brands, driven year to price and commodity investments increases The by offset expectation. compared was recent decline our higher as support prior in the our volume with costs. XX% operating
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business focused we're on our of parts discussed improving we've to products, As which activewear remixing before, margins. drives branded
improved strong XXX of in XX.X%. exited Champion our favorable profitability, remainder activewear higher to was remix basis channel. of Activewear's contribution significantly in levels the our support the programs driven segments quarter the in mass performance sales margin initiatives. pricing, to our inactivity by by increased commodity offset margin partially we The as growth Therefore declined from operating investments and points
corporate currency margin single-digit quarter we increased growth innerwear XX XX.X% we This increased to X% volume acquisition year which operating fourth delivered high from is constant million. In International's activewear, segment, operating Europe growth Asia and driven in a performances to in On points leverage our sales margin strong basis sales reported double-digit was or basis, as Australia. in and above the synergies. average, XX.X%. and a basis. consecutive International $XX the benefit and approximately over on continue in increased internationals last With
profits results first our Asia A Europe, basis constant the sales international me that currency is a Americas, and we regions, key each through the on Australia. of for a half, grown That's and have basis. call-out the both and reported in and
was team levels debt. cash In driven In generation $XXX in and our million our year. an year. net The driving our the And is a Consistent income. cash Turning basis, cycle improvement the we the by quarter, debt. net capital improved last with sheet. last and on GAAP generated performance to and growth quarter, compared on our sequential from team flow and balance XXX% balance on reducing increase strategy, inventory of over focused drove working of cash a to higher the five-day cash operations, flow higher we reduced our
year's X.Xx. end lower last at on year. leverage of X.Xx to from track leverage quarter the by We're to of was the Our the end the down X.Xx our
turning And press now for to to FAQ guidance. details. release you and point our I'll more document
a we or up on However, thoughts total a I our few frame basis sales reported quarter constant third would X.X% implies issued guidance the to outlook. approximately to currency midpoint Today, which share of basis. at on growth slightly a like
reflects Channel. our impacted activewear segment in third guidance million in in exit nearly wind programs previously and CX we've of half, planned commodity currency discussed, the headwind will And of the mass be the Our project the $XX second by down quarter. of the as we
of CX. revenue decline our this, total assumes US our growth year-over-year, of sales Innerwear Activewear, reflecting US to midpoint prior guidance growth of excess X% high-teens the segments, growth third in implies from in the third our of In at our sales the approximately is our outlook. a With currency and for X%. constant midpoint guidance midpoint unchanged quarter revenue quarter respect X% Adjusting guidance excluding consistent quarter segment our Champion third assumes company in
the For million. segment, activewear guidance our of assumes $XX down and the CX implies approximately of over the decline a XX% for exited businesses, of our guidance our wind growth remainder year-over-year or quarter of third Activewear Adjusting X%.
In our however, growth has previous midpoint our first sales I'll consistently half sales across note the Champion are guidance; with of our constant International momentum reported currency approximately outperformed assumes segment, consistent expectations in the and our X%. assumptions our approaching guidance growth year. of of activewear X.X% our the
offset to in year. to Our results related quarter the $XXX included a to is compensation third midpoint, compared Recall our adjustments. a bankruptcy quarter by At $XXX which our guidance million as million operating the partially profit $X million. last third Sears prior variable increase year, charge implies was range
remixing As back and quarter, to activity we in in third the operating margin discussed. driven we've previously by and anticipate the half we discussed in Champion to Activewear's the the growth expand continue
brand related increased year million prior our as of approximate million. approximately full mentioned. outlook and in growth the $XX reflects Gerald an increase reflects guidance Our $X year-over-year including $XX support outlook to compared additional growth million our $XX million related Therefore, investments of investments, that
levels guidance quarter and from million third profit compensation exchange operating Our headwind $X also a rates. of includes higher variable
our We we lower and expense lower of swap put expect levels below approximately half trend the interest first the in expense cross a first other generation in borrowing higher anticipate is in place to half cash July, interest of million. as This we in currency rates second and $XX half. due
Our and quarter of as acquisition, of million, chain approximately million slightly of $XXX charges. rate than ,diluted assumes outstanding guidance $XX third as a tax less an integration well related shares XX% supply approximately
GAAP $XXX respectively. specific adjusted third $XX respect to And quarter, we of approximately from income outlook full-year I'll unchanged. note results. and guidance is our fourth that adjusted share range for quarter $X.XX million our per at remains charges our million. to guidance for when Therefore midpoint, third we With the and quarter net provide will to $X.XX earnings the $X.XX report $X.XX guidance our
While our we and midpoint be sales second anticipate midpoint outlook result to guidance to positive the at our currently range our for of strong the higher the full our full-year be or our we of operating year, range. the first-half at reconfirmed and profit given half, for
turn are So our We call first-half strategies that in And about TC. revenue delivered closing, good cash over our outlook. back feel flow we And to growth. with results. I'll second-half strong generating and the
