and everyone. morning, Thank Al, you, good
execution expectations, in tremendous performance the well our business expanded of despite quarter reductions continued demonstrating as anticipated businesses. gross opportunities our during reinforcing overall of margins Both future quarter activities sales strength our cost-reduction portfolio. structural of Our third our within and and and reflecting mix positive the operating growth confidence effect in sales, improved the as the strategy exceeded the our marine have successful the we each of
both guidance. of inventory in better-than-expected the the previous in below with XXXX, of midpoint We EPS adjusted our prior as anticipate shipment already boats lower more slightly activity, engine resulted across favorable the with planned quarter $X.XX, U.S. the pipeline approximately which the year. quarter lines. third We of demand field XXXX ended boat product along The across environment wholesale in improvements and the is
We are EPS adjusted $X.XX. our $X to in still confident XXXX target of
throughout on color additional provide targets. the will impacting these factors call We
some provide the segments and marine now I'll our market. highlights on overall
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In the mentioned I Boat segment, pipeline lower the earlier. revenue due reductions and planned earnings as anticipated were to
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well as during margins. the as to focus continues X To strategic business were these initiatives, further Boat The expanding growing important completed boat operating brands quarter. on premium actions its
or leading to First, fully comprised X Group drive leverage pontoon brands of our Boat the we operational Aluminum excellence. formed aluminum scale and
formed our and experiences expanding on exceptional providing fiberglass focused of comprises value We also affordable and Venture X brands that boating the Group boating participation.
officially opened world-class new introductions engineering Finally, for presentation. design will further the Group Technology technology we and joins product Boat to functions that excellence. create I this Center in later comment design product and and a industry-leading center on development
month this perform new locations Club, anticipated. to business. of Boat This potential Freedom as marks years, announced Freedom franchise its demonstrating location most the for in our recent XXXth Lastly, and growth over strong acquisition, this X earlier XXX continues just
by like revenues performance In total were total year-to-date would review currency down in constant a I sales Next, region sales basis, the international up while the X%. X% U.S., segments to on acquisitions. of our were excluding
International year-to-date, sales segment were Canada. regions X%. most except segment, with down sales of engine of XX% international represent by for year-to-date, which sales, increased the XX% represent which in gains segment sales X% segment Boat
to we at European increase our Portugal engines will engine manufacturing in The due our noted the to supply the lower and minimal slower sales with to the relationship be European in production This at to fully the for year. demand by a facility we segment expected, be the that of from increased capabilities conditions relates recovered XXX-horsepower caused investment. manufacturing region. As continue XXX- expand contract beginning constraint transition market as demand
year-to-date Canadian flat quarter, bringing Boat prior comparison the in the revenue third year. rebounded versus
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QX weather basis. boat of both the in data trailing down healthy on year-to-date for the performance the the sentiment the suggest half basis, SSI demand is down a U.S. still market in and year. While influenced challenging X% the first market consumer as year-to-date conditions XX-month on
XXX-horsepower modestly These the in premium digits. offerings the which outboards the in we being year and aluminum and results percent, the in year-to-date pontoon to with and resulting quarter double up out XXX-horsepower year are down mid-single-digit us into and outboards mid-single low QX, retail in anticipate unit registrations reflect the move fourth performance. in up unit value down strength Closing softness full first engine of by with outboard confidence categories half above benefiting NMMA are market sales XXXX. as giving below fish experienced be year, consistent retail results revenue digits environment retail we
strategy diligently excellent of end against continue execute to completion for our share remains track year. $XXX We the on million we've progress and which our repurchase by commitment, made capital the
and plans $XXX our the notes defined retirement quarter remaining outstanding of early in completed pension the our exited fully also We million senior August. benefit in
year announced of accessories increases. we our and of to recently its XX% This seventh parts marine-focused with shareholder the of commitment business aftermath Finally, to a our represents our our the portfolio, which strength profitability the revenue, ongoing and dividend, dividend along increase especially strong steady quarterly reflects value. and consecutive deliver
and repurchases. debt cash us further position deploy of sheet to reduction a to continue opportunity future capacity variety for market in balance share the or afford ways acquisitions, enhancements, capital flow conditions, on Our including depending
over our financial to Now on Bill additional comments I'll performance. the for turn call
