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up margin strongest last to XXX year. since which XXXX, our gross points hit also to basis We XX.X% was quarter of compared
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our ago we by sales accounted a private private since result, of As net approximately the XXXX. increased in QX, strongest Further label compared growth XX% sales QX in quarter for period. label our XX% XX% of year here, validating to execution
we're From leaner to become company. working still perspective, a an OpEx
rollout and progress and said, strategy. better our DC with our That growth Las our Vegas directives expenses on manage we've rather new making some focusing recent Given than the improve investments, good to our to notably we're been training. of and key structure hires, cost align
of yesterday, continue packages volumes from center and XX,XXX our in expect distribution shipped to new we increasing As over Vegas, we here. to
were adjusted QX million detention-related Lastly, $X.X the not to and EBITDA by back compared decrease to due an with our OpEx driven on $X.X to the distribution remaining million related financials, that Vegas increase $XXX,XXX of EBITDA in added decline was adjusted center. an partially costs the to
balance a $X.X XXXX, to compared $X million turning balance revolver we million of cash sheet. At year-end no September at of to XX, the XXXX. cash had Now debt, fiscal and
of last letter we debt. payable have to Our accounts quarter, balances flow cycle healthy and continuing we cash reduced remains and as credit while revolver from no improved our
key a sites ago in consolidating X by to to XX.X operating last marketing products to XX.X websites our spend was the reducing ROI. also on metrics. year primarily QX with compared to drove quarter Moving driven from XX with million negative traffic the down on our branded in decrease and million Traffic that year
from was to improvements our along with benefited points third to site, mostly basis up in our the quarter we XX the methodologies. which acquisition enhancements to made X.X%, Conversion traffic the
implement post-purchase have to progress pre- additional Although experience. we've good we made improvements here, we to still and do user as work
which was both e-com $XX our from order compared and QX average value, in Online $XX includes XXXX. sites to order marketplaces,
private in with comes price decline a the margin. quarter, from product is result AOV label, of branded which in last lower significantly shift to higher point the similar the Now to but mix
end inventory XXXX. September of XX, million at compared at for million to had the Now $XX.X we $XX.X
is mentioned top we team. work of we're improvements as encouraged optimization while by before, for this to the some have And do. Now still management today, we mind inventory
in-stock of and a the improve forecasting rates as we Our continue software result we implementing continue to formulas also so expect solutions new positive to quarter, trend. began last the
and to of what similar see we most impact competitors. customers continue we're is those as to seeing this continue bear from Lastly, limited cost from tariffs financial the tariffs, of our to
With turn I'll back that, over to Lev. Lev? the call
