additional financial discuss on and will quarter, the of Martin then will drivers the hello for results. I fiscal now outlook some everyone. year. second XXXX our with details I you provide Thanks XXXX the
we're as the Martin transportation seeing has second thus improvements, we classify more sequential third As a stabilization environment during which quarter cost into far. discussed of that would extended earlier, quarter the
ample million and quarter XX% increase footing financial of grew strong increase year. and million growth higher largely $XX remains driven driven second price The of top-line $XXX on driven financial net leverage grew case basis, demand second last case mix, quarter, to sales XX% liquidity. with the continued consumer primarily segment net $XX strong in a from relatively coconut to prior on over European quarter the by of constant for strong headwinds to by year volume, The $XX X% Private partly quarter second where low with primarily XXXX of was million increased upset driven second the Coconut an up we're to foreign $XX year-over-year. with second our continued declines XX% healthy XXXX. was by compared segment Our International Vita declines to volume from sell In water period of for America Coco of Vita the million increase same net label within sales a benefits Coco Water quarter decline the exchange a to XXXX, currency equivalent pricing. XXXX the the in million X% basis, net the pricing. improved by On the compared consumer by equivalent cells in positive demand by combined frontline period. net region driven global higher
we by was last the Additionally, for opportunistic overall as sales impacted year. sales other products decline previous net commodity
segment, grew equivalent second to profit Coconut for pricing Coconut than significantly Water volume and XX%. Coco the strong Favorable by and growth. case transportation was the Consolidated Water, quarter positive $XX sales Vita by versus Within year. net driven both cost last higher private shift Coco international were net which upset label million gross more mix Vita
margin of sequentially As XXX XX% by a it than completed from result, more versus basis year growth XXXX, was down although our prior QX points. improved
continues and the encouraging transportation for quarter. chain perform we in well our to of have cost supply Our seen stabilization second time
current increased largely million mark-to-market and to quarter SG&A benefited Moving in year. of million $X hedges increase fair insurance million on $X non-cash versus insurance The we million period operating to last on by second loss professional in in due expenses, $X gain from impacted the spending a other was incremental second was year. expenses, of income fees. last negatively Net the personnel-related value a whereas to cost company, to related the same public our $XX including operating quarter ongoing higher
million and quarter in spend million diltued compared XXXX. net upset higher the versus equipment in with exchange of year-over-year which second $X million impact net As as interest, share net period decrease of the a to which action. $X was share volume excludes expense, and and same $X.XX second of only amortization, the compensation cost $X.XX quarter per the second Adjust primarily pricing EBITDA, in quarter higher case was by XXXX, million previously mark-to-market SG&N per income stock-based income driven tax, shareholders diluted transportation of by result, non-cash depreciation, of the or was attributable last $X partially year. and or foreign $XX The discussed, to
on our provide to I updates Now, would compared evolution to like gross margin past some quarter.
previously we improvements versus transportation. persistent historical cost freight to above Ocean sequential QX, stated, remain Though have experience continue pressures seen low. As from we rates well
see our As of you our cost driven mix. rate our from in goods by can transportation prior benefited per equivalent increased earnings X% year in an period, goods presentation, total finished case mostly while cost increase positive slightly versus
in of Looking two XXXX total estimated impacted approximately years, million versus to this same at current the close transportation a basis. goods periods $XX million total year was by XXXX our cost million consolidated be Then guidance and in cost on two by assumption, we impact $XX full our effect. gross $XX QX margin HX over inflation XXXX in our over full year to unusual anticipate year we
remain can structure and these our happen. our cost transitory you to to received, As we confident overall in pressures once margin QX expect in significant we've continue experienced improvement see, will ultimately which margin upside
December capital receivable as by million funded of as by The primarily of to business balance our of decrease as revolving credit. we working account million our seasonality our $XX $XX Now and cash increase XX, $XX facility no cash partially net had cash in was our sheet compared debt to on XXXX. significant and under to hand of cash XX, of total credit June and due turning debt flow; driven million XXXX,
year full of and our second guidance how will the shapes. the half to on on take our view year Moving
demand to between fiscal remain range of products expect $XXX to $XXX million versus continue net year for as We robust. sales growth consumer XXXX to million XX% and our representing be XX% the in XXXX
to our for the EBITDA to which are our be million in already $XX to cost be This environment P&L this guidance While faced million. year, and non-GAAP have action adjusted referring for we remainder the the of far started incremental have the we continues the we cost year increased the of accounts mitigating reflects range identified to $XX implement. have pressure we so volatile, across
in we with to with of pertains we've the expected it growth growth As stronger line what be second the top our half in QX. QX QX expect for year, seen to line in
strong margin be lift, mid pricing action. with basis, side, QX expect in QX volume gross a line points to price a by we positive to action the percentage segment expect America in year some pricing QX mostly full as the few as driven equivalent On of benefits with more expansion continue anticipate net we team we in case mix growth tech effect. from On with
As Americas, largely in had remainder from expect the a impact XXXX, commercial of Martin disproportionate more anticipate we the the due especially in and had which impact to described earlier, lower materialized quarter. the year lapping mix a timing, branded we had of activities, as on moderate price the third which half for second
case equivalent of in cost which low the double-digit continue We to the we moderate sold year, cost XXXX. larger end goods for in increases lap prior of versus as QX towards run to the QX into inflation year should expect
the higher with guidance. other Below increased to being we're consistent XXXX we expect prior margin company. expenses As a line, with associated mid-twenties, full personal our a year-over-year our year the public result, costs expenses land from modeling gross in and operating
treat with as to a next it to our introduce to accounting Coco profitability if launches we for to purposes to Diageo successful As meaningfully this year, pertains expect our for licensing Vita and years. collaboration early Spiked, agreement which contribute
truly remain of them remark. call that, company. I his to I'd has the and turn I and all my been Vita family of been This success. onto Mike, brand for the to have couple And much with we closing I thank great the I Coco move working as Martin Lastly, wish will entire big to amazing next for a years, chapter, experience the together. like last this back continued supporter would like Martin and
