morning, increase of Thanks, our with consolidated results prior Bryan. XXXX an X.X% $XXX.X to period. for the third Good the million, total year revenue quarter Starting everyone. fiscal was compared
the revenue gross acquisitions achievement primarily other Growth quarter in recognition lower growth increased XXX prior as XX.X% by same-store incentive decreased revenue margin versus period, the which the visible higher year in noting recent the of million Gross prior up revenue million, and and $XXX X.X%, is incremental service as our that and profit results. year third well, basis this also X.X% rental equipment and was the increasing quarter margins. by points a with by the offset partially as equipment our streams X.X% Agriculture prior from programs, positive was annual to in XX.X%, of year parts It's driven revenue our on profit sales accrual gross up manufacturer from benefited Our equipment revenue worth versus year's the segment. well third as rental across other not our expected, $X profit margins, and period. included parts by service expected for led
year, the across recognized As we a and QX, million manufacturer reminder, prior $X.X QX incentives of in QX. fiscal spread
led year, be similar to all minutes, I'll earned, fourth incentives level updated the which, in in related which the prior the our keeping The quarter was were the in of for the well be fiscal Thus, to in for would unchanged. to of fourth the variable increase expenses talk as fiscal includes Operating further relates in due in million associated the XXXX to quarter. year. have increase reason recognized for increased timing that recognized part guidance full of of place if difference guidance, our current a year-over-year progress $XX.X $XX.X taken expenses third X.X% and The sales. targets. acquisitions an year EPS Our includes by manufacturer of about a year's million impact the in compared additional in manufacturer achieving quarter the guidance past expenses of incentives operating few as with
of conditions as new similar lower temporary operating be longer On third an preparation realized would inconsistent a for we time inspection soon return the the sales equipment some quarter. normal are possible. to XX.X% have that toward consolidated in I OEM than basis, the in as created quarter and expect or modestly expenses as predelivery with to of the a percentage eye these Additionally, deliveries inefficiencies in areas tackling fourth into
gross a with albeit offsets. million margin we X revenue. have as typical, for made X favorable expense that annualized sales as percentage of and Overall, with in Over base years, acquisitions $XXX acquisitions approximately is those came the business, accounted some our higher past than operating a
already, As is to so on through focused activities optimized cycle. David integration reallocation, and operational the are Bryan business the we efficiencies have and resource deliver touched on
primarily a long to XXXX, their compared future higher in acquiring in the and have by and with for plan businesses We improving of expense as third quarter expect time And interest-bearing floor be to of financial overall that was driven higher we'll Floor able due our other I'd $X.X as line record borrowings metrics million be $X.X targets. to financial demonstrate levels. fiscal plan the million that well. interest inventory to track over
per plan share XXXX quarter the million last our acquisition. net existing per year's fiscal of finance use income O'Connors $XX.X compared was of quarter the or third to syndicate third $XX.X diluted we of income and million to or share. floor Net facility baked Additionally, $X.XX for the diluted capacity $X.XX
our which robust prior was turning X.X%, same-store as year in as same-store was sales the increase growth a Agriculture sales increased on of by sales of segment results that. growth year top In million. sales for and XX% prior Pioneer X.X% same-store well our of to This acquisition Now growth Equipment the to to third achieved the $XXX.X segment, our driven quarter. of XX.X% very
discussed, segment year, constrained XX.X% million capacity to service and the quarter decrease third compared basis delayed quarter department. X.X%. revenues the million declined $XX by XXX to points to OEM which million. previously pretax implies Agriculture and our $XX.X were prior As third segment, our was income deliveries in sales of of $XX.X a margin pretax constraints of Construction In
of comparability. some created the timing already in deliveries back of back year the year in last mentioned, half Bryan the year-over-year the variability As of equipment half this versus
the $XX.X X.X%. which in the shift segment, reflecting points to the euro. Romania, to income $X.X of prior by currency effect in dry growth. negatively quarter lower quarter strengthening a XX.X%, our to in we year. a to headwind margin and million softening $X.X sales million quarter by Net And generating were aforementioned Bulgaria by third of these million anticipate X%. to million, decrease margin income was compares which on this the decreased X.X% fourth and yields. XXX $X.X XXX Pretax to revenue basis fiscal reflects impacted of basis demand In year-over-year the foreign the approximately a compared tailwind our in was Pretax points conditions pretax expect of third implies and decreased the decreased fluctuations, Europe of of a tailwind pretax and We XXXX, where $X.X currency year-over-year to X.X% which million
the prior pretax of across X.X% X is or year. look the year-to-date X.X% are which CE's a are lower than prior margins And Europe's of it's points pretax first year. timing X.X%, year, the segment's X to flat things. sense better with margins Through prior segments get XX pretax and mentioned, Given margin margins first some at to are basis points the of we the months useful the XX Ag the months constraint-related basis lower than year. or our of items the
to X.Xx our is of adjusted sheet in the inventory an debt balance worth as October on increased covenant and net XXXX, ratio to $XX.X position. below Equipment inventory third X.Xx. of bank of quarter. had cash million Now and well our XX, which $XX We tangible of million
that second was ship time, deliveries. targeted we during discussed OEM on planned inventories our projected expected Ag earnings during of we third detail at inventory in domestic the dates segment call, little and and our based levels quarter As increase to still a modestly quarter short customer
We also expected presold of equipment toward working amount start normal levels. to inventory the down and back
as our David equipment, of given installed. However, on for the earlier, touched preparation prioritization and progress the of amount service dynamics times on reducing longer equipment existing of customers' inventory and
we the businesses. we fiscal in financials the to With reflect similar a thereafter total sharing in which added quarter OEMs of ending third fiscal busy the equipment guidance, XXXX delivering dependent finish year inventory fall our at an balance from to there comments year stabilize We'll time year-to-date sheet, on our work. will will the toward as a O'Connor likely increase the past performance on see incremental should as to have predelivery updated more range the the Overall, of within inspection that, be dedicate to our normalize. as we few be pace timing our as that expect customers on have we the the things deliveries I'll inventory are in the quarter. then Given and fourth largely end the increase the But presold fourth we in saw balance the season, well. well our both full equipment sheet of also of balance to quarter by
finish narrowed strong contemplating prep longer experiencing. expected We each equipment availability fourth revenue expect of now for key XX%. inspections and been positioned a continuation segment are for of a for and have range up few the XX% limited we quarter, Ag to our of pre-delivery categories the well segment times we to have We the
X to Similar completed will segment lag. reporting new Europe on to fiscal be EPS $X.XX Our segment X% being With to we X% up $X.XX of in transaction be to contribution to on financing a $XX be we X-month the in that Construction results With XXXX results. to all a respect activity to anticipated, to as refining O'Connors estimate X%. in our $XX months Europe, the segment, and X% be Australia at to are XXXX And factoring fiscal and of reported of when revenue these million X. October this range million our our diluted in reported integration-related result our said, expenses. will with
margins true multi-unit same than by driven As the few sequentially typically lower basis hundred hold discounts. is and a a are with year. third incentivized reminder, mix to quarter fourth gross larger The expected quarter, tax points purchases largely this
improved slightly a third manufacturer would in quarter And of strength than by inventory expectations I equipment incremental Additionally, normalization I to expect normalization we anticipated for points about basis similar the the third and year-over-year XXX consistent mentioned. the fiscal margin O'Connor the record offset levels to and basis are continue comments, excluding offsetting quarter. beginning expect modest partially year. Overall, strong to margin XXX sales prior we guidance margins the with the proud equipment quarter, our really our months the availability. delivering was compared in we already and of with year's we concludes the EPS to the lower We incentives to fourth lower point prepared Gross established take that of results and the X questions. This finishing underlying unchanged ago, committed now we from forward the that. impact look year, on transaction remains ready the positive as at that guidance, year are that
