delivered We quarter solid revenue per Gerald. results our with towards Thanks, third in of and earnings high-end the coming share guidance.
year increased and net XX%, last debt share For quarter, operations billion GAAP over were from the increased and declined per $X.XX increasing per X%. a X%, $XXX million sales X% Cash $XXX million Adjusted was and million operating both adjusted share increased year. earnings flow $XXX of ago. profit from
let’s the basis, or XX details of exchange results. $XX of margin over of million $XX from X% basis Adjusted quarter's points innerwear were XX to rates over year, for On million. the with the million $XX Sales The XX.X% headwind margins basis last increased declined summary, from foreign X% a exchange. With last the up accounting drove currency sales points turn that constant or lower a gross over impact decline despite year. foreign remainder.
in Higher partially cost Champion the margins, in increases year The earlier price inflation quarter. offset we the these input offset items. implemented
before, be said was cost. the for commodity As to we peak expected QX
margin the expect drive past the year. quarter, looking expansion gross to benefit over we peak, we're that pricing from prior net fourth the Now to
and profit last as of year. compared currency was included $XX in growth-related million the to quarter operating $XXX This million. $X Adjusted investments headwinds million of
Our with year. adjusted of was prior consistent XX% operating margin
acquisition charges For and the were quarter, related other $XX million.
of rate and and per earnings in were $X.XX line XX.X% respectively. adjusted with tax $X.XX forecast, was Our GAAP our and share
traffic year, to segment softer sales Now, our last apparel compared let declined bankruptcies, X.X%, and as retail innerwear me U.S. take driven as trends. performance. you headwinds from through by well
For the declined quarter, while X%, revenue with intimate our was down basics in-line expectations.
Innerwear's support of our previously and volume, to compared discussed, intimate’s points, investments commodity in by to pricing. quarter margin year, XX% basis due were business. XXX And operating to increased higher cost was down offset the mix prior as
discussed we U.S. as while X% activewear of to improving Activewear remixing to products, margins. X%, to the focused declined for year. on parts Turning profit quarter, business our our revenue compared drives operating before, we're increased segment, last which branded Therefore, as
compared prior in activewear revenue declined was and expectation, of consistent remainder more strong with And our last sales, activewear the than to programs over in previously of as mass represented XX% trends softer exit segment the excluding due CX, ahead channel, approximately year. trends. $XX the commodity Champion as increased which the driven year in by of This million as channel. disclosed sales sell-through printwear year. of CX million to our $XX was well sales last last year,
support favorable pricing. contribution to growth our improved margin from increased operating benefit to Activewear's driven initiatives. higher the and XX.X% levels of our XX strong The performance even remixing by profitability, margin activity from Champion investments was basis with points
activewear our consecutive XX% International's expansion quarter the of fifth increased international segment, and see and constant million the reported for up additional driven last in by forward. increased and businesses This was sales our year. going in X%, operating average more slightly growth its both company we marks In than opportunities or $XX over margin innerwear margin XX.X% above quarter. sales currency
briefly domestic consisted prior constant XX% Champion over in year expectations. well business, sales our XX% our Touching of ahead on XX% our Champion and excluding increased in growth international. Global currency CX, This of Champion growth business
is income. performance quarter, GAAP million, flow last cash and cash increase flow The by last Year-to-date, up we as growth million capital to was from flow an the year. generated from working operations, driven $XX sheet. XX% In operations year. balance to to the cash $XXX higher Turning compared of in net improved compared and
our teams in improvement last $XXX our we a is Consistent reduced cash net with debt year, debt reduction our million. by last strategy, our $XXX compared net inventory sequential debt $XXX cycle to a million cash down in five-day year. by And drove balance approximately On our generation million. and over basis, our
a year's X.Xx. quarter two-tenths down adjusted at from from half last times to times turn This was X.X is of net quarter's X.X end leverage the last on Our debt EBITDA and basis. the down
to our X.X share And thoughts turning end on lower I'll guidance, our of the a document outlook. for the few leverage details, to I to to We’re FAQ now you times release would year. track more like to point and by our however press frame to
our guidance year, international midpoint EPS revenue, share. we the for as earnings raised to We revenue of We range businesses. For stronger the profit the driven reflect expected range high-end lower we range, tightened midpoint in our Champion operating and and by interest expense. the full per our operating our profit, of and range, performances narrowed raised of than our
consistent on which Today, we down basis. less a implies basis also sales the on reported a currency X.X% midpoint or guidance, than constant quarter total fourth at issued of year-on-year
as reflects in CX. currency nearly the of well from headwinds exited headwinds winddown guidance fourth the Our the as quarter, $XX in million commodity of programs
Sears guidance the fourth midpoint sequential to guidance quarter innerwear in anniversary our over In X% our approximately segments, bankruptcy. activewear, of segment. decline quarter. last trends, of stronger revenue This is respect decline Champion reflects although outlook year. now the even the in With including unchanged U.S. approximately the of midpoint prior of the X% a our a assumes of improving U.S. outlook our growth expect we assumes our revenue This from
forecast demand a trends growth. strong We CX cautious increased at our million to the Gerald mentioned. taken activewear, channel. compared more increase earlier expect reflecting quarter our fourth $XX teens Champion for to printwear a as comments, activewear excluding within by we’ve rate outlook outlook a And Champion a my low now double-digit reflect high to approximately prior We
expected we've growth segment, the approximately as business. midpoint in above is constant X%. experienced all sales reported stronger This sales of assumes international our of prior our X% our currency growth than our year from outlook international guidance In performance approximately of
$XXX Our guidance to fourth implies a headwind At to compared and $XXX million range rates. as is profit $XX prior midpoint, million the a million million exchange $X year. operating our reflects quarter from increase
other and expense interest of $XX expect We approximately million.
and respectively. of fourth million $X.XX midpoint, quarter adjusted GAAP charges. fourth of $X.XX XXX a is related from adjusted $X.XX million Therefore, diluted tax approximately $XXX outstanding net approximately for than $X.XX income our supply shares quarter $XX our rate earnings acquisition assumes of integration to and the and million, and to guidance per and guidance range slightly at share guidance less Our chain XX%, approximately
quarter of of again solid business diversified our in we delivered closing, results So, benefits underscoring the another once model.
and initiatives, our Our XXXX our higher beyond. higher outperform growth key down in Champion is levels shareholder and expectations. We���re cash coming flow and positioning international of us including returns to leverage continue generating operating for
I'll back that, call over T.C. turn And to with the
