Thanks, I'm the Rich. excited to Groupon. time this of be during CFO in role important
at our you metric trends, unit the insights profit is to the and update important of us to measure years up you company, get with opportunity on Groupon I've adjusted EBITDA, few my last team And in our time will I'll helping open Select. my after an highlights, call we front have by motivated gross been questions. financial including we incredible that's that, believe on our through provide few there. progress use the which and During you walk us with today the success, key we a for
profit. with million. delivered the quarter, gross profit Let's third $XXX gross we start In of
over strategic particularly help are success the membership priorities, our experience, key conversion profit frequency, friction will progress growing making platform. expanding growth against and drive purchase customer the Ultimately, run. program us from in and believe removing in areas gross long our our open Select these higher we We
expected business, the last losses and we headwinds, face with to impact discussed particularly America conditions European we quarter, customer our macroeconomic traffic North would As you that U.K. in challenging persistent
the the than Goods. to these causing well performed the In as challenges quarter, economy anticipated third impact European fact, local as international we during poorly even category, more
we expected. In category the in tougher competition our addition, was Goods than
America XX%. $X year-over-year. gross $XX was month up QX gross $XX.XX, million or X% In profit down per on down profit million X%. gross was a down was was North Gross America, XX $XXX North million, profit trailing million or basis year-over-year. QX $XX customer $X Goods X% million, North or profit Local $XXX America million,
experience of local customers by story new know positioned launching Voucherless within our note but and application it's measure customer America to tied by to hundreds thousands to the making was our driving and such to that products business. initiatives progress. uniquely and customers mobile the our more closely the marketplace Groupon We with adding engaging in part given easier of can websites as declined supply high-quality North our you customers And of that we strategic we Offerings metric that and scale marketplace. net our Groupon Select merchants. decline use, the XXX,XXX. close Those to of improve are to this This know active millions are Local, and more two-sided only is not of expected, important
As customers, unit improving more and broadly frequency our higher customer remain gross we believe even we our health will quality to to purchase of important, growth evolving speak transition will particularly the Naturally, engaged and a billings that all believe indicator marketplace. more but customer of local unit growth, profit per base be leading we conversion.
the North into continue and to quarter QX, local the improved for sequential our QX. third America for In unit year-over-year is performance for expectation trend
third within unit trend local year-over-year in strengthened month. fact quarter the In each
We are trends are indicator that an encouraged our which these are by initiatives to we deliver. strategic beginning believe early
program seeing been days, payback lower as generated million driven membership Select gross our both but we To-date, within have than and encouraging over by cost are fees on $XX early revenue already about that we excited still as came seeing member the and members, the despite XXX,XXX in from investment well results. quarter are payback We are expectation. third slightly a transaction. acquisition has membership recurring six total months It's incremental membership-related profit
us discounts it's purposes, remember routinely and to on with that For these merchants order participate important some offered discounts. we of our modeling historically,
Select result, a entirely associated memberships with discount are not the As incremental.
we seeing are on are purchase behavior. We really early the impact excited about
XX% and average these believe Select progress post-enrollment, values XX%. about early adjusted fronts, on to the long-term massive six growth deliver On the of members and months monetize local by first illustrate By customers purchase increased in two-sided we of significant our order frequency positive of and can we making by our these marketplace. power potential financial the EBITDA. demonstrate member-like profit average, model results unlock and gross the behavior our believe ability about We our
Local International. profit $XX QX million, impacted higher was unit million, and deals. million gross or million or expected Turning lower priced $X of profit profit XX%, Gross was was growth. to gross Local purchases by lower $XX down margin down performance Local than $XX International XX%. despite
offset continue While enhancing future of focusing way shopping impact to consumer supply. quality of on difficult believe this the behavior, predict it one we the be to is can in to our the
gross down basis per trailing gross million, Goods International International or a profit XX%. $XX.XX on XX-month million was $XX down profit X%. was $X customer
quarter, While net U.K. been in the declined excluding net up. customers the would have slightly customers
of a the international strategy our challenges proof transitory America. long-term Asia-Pacific the Western in billings the We by growth that are North and in view we remains in the drive growth Notwithstanding, our geography, of as solid. Europe, steps instability making growth, outside strategy economies believe taking includes to particularly created international confident we the remain progress which the U.K., point we're necessary double-digit the
to closer of in about changed. XX% In quarter, XX% $XX Historically, We've on on our efficiency profit. marketing consolidated was gross our focus or third and has expense the basis, driving expense hasn't trended focus the marketing gross profit. marketing of past our spoken a million,
strategies marketing to deploying customer us also are our that better to personalize experience. overall base the We Groupon and segment leverage allow data
to purchase we correlated To to and evolving metric process are We opportunities this strategy lifetime are higher. is adapting these goal highly customer complement first of we marketplace. that Our to also in at know efforts, support drive days post particularly within the frequency, is the XX drive brand value purchase. to our looking our it
of our we funnel. spend this evaluating part process, the marketing pragmatically across are As
of the date, $XX million basis, to delivered year-over-year for over million through driven an of EBITDA than XX% repurchases. share ongoing by third SG&A $XX purchased flow. quarter. was during shareholders XX third our adjusted repurchases returned $XXX efforts. improvement more shares or trailing for a in our free the million, the quarter. cash efficiency than more represented million $XXX month third little We a And quarter We million $X X% to million we've five of On
financial and buybacks, allocation. approach sheet our balance launches provides of our track balanced strategic product and opportunistic us quarter of revolver. We a our core have investments available $XXX a support like record accelerate undrawn to Select $XXX and the that share million to strategy. cash That Groupon can with million flexibility capital M&A includes on strong ended important third This and with strength
for As include expect we product our recent positive initiatives, launches. guest very move conversion which from important into universal contribution a the cart fourth time checkout we quarter, our and us,
units can year-over-year we expect continued momentum factors full addition, for million XXXX. in the we America In including and in drive in deliver us in sequential year These along trends improved performance confidence in modestly we increase that marketing gross $XXX from adjusted with to approximately improvement QX. delivered profit what Local give EBITDA North leverage
the for time appreciate We open of chatting progress. let's with that, you questions. up our you With Thank look for our your the investors call and today. support to about forward