quarter start results. I good and discussing will our morning, Yuval you, third Thank by everyone.
last demand a the XX.X% third our that So Ceramica representing from also quarter for due improved contribution third quarter $XX.X million to basis, increased to of compared quarter year Omicron year. approximately of primarily to most XX.X% revenue higher growth in $XXX.X million of revenue QX footprint. period last and Revenue during record completed period was Lioli acquisitions of in by third a global XXXX, we On period. the to currency compared our included same regions, constant the year, course, of the global prior our
acquisition and in driven mainly big Omicron, at looking growth to growth up regions; the of in box XX.X%, our business the U.S. U.S., up channel. by sales currency improvement, constant the were were in the In Now sales the core Americas, due XX.X% strong
grew were into business to our the Lioli sales in the basis, that year the were to Southeast holidays. primarily timing U.S. driven stores for our strong third days on as Depot increase in Australia, at a experienced experienced In in constant the Home conditions XX% continued nearly for accounts indirect also sales basis, region, year-on-year In with to was a in this a the competitive currency from sales in sales UK demand quarter. third due in additive IKEA the together XX.X% to a October. which most activity also of led the to Asia Canada, sales restrictions third region, region, stronger strong slight the constant constant in APAC and currency which In up to we core rigid related were and region driven the in COVID-XX majority APAC XX% IKEA. constant were in related our channel. In sales up Contributions sales quarter, and sales selling and the the quarter the with XX.X% down sales of EMEA quarter by in demand growth stores quarter, XX.X%. we by business prior of retailer. In Our sales in region, Jewish despite number currency compared Israel, the the of in on recovery market the performance, lower increased currency grew import the the
was for and XX.X% in our favorable quarter. prior margin gross addition more gross in third compared mix quarter in our at The polyester, expectations, reflected P&L the and raw year material higher to our to Looking XX.X% the margin offset Adjusted quarter. margin and primarily in in difference prices, many shipping prices, with performance; gross XX.X% was exchange line price partially year-over-year which increases rates. was by increasing product was
in million operating earnings shares last third compared margins, million compared in shipping in Global selling have with of impact has year margin was the normalized our XX.X The the excluding increased adjusted XX% to and year-over-year were expenses the pressure the given quarter. mainly tight We cost XX.X% Adjusted related in material in from difference a compared $XX.X the EBITDA expenses experienced million primarily shares. per in of share As industry. prior the Acceleration last the a XX.X% prices. period year $XX.X or margin to compared loss quarter XXXX, representing to earnings and raw rising quarter. to initiatives to as environment of margin together on on particularly year from supply investments to same $X.XX Operating were year the in to XX.X third material settlements quarter under $X.XX million, the diluted return increase reflects experienced, Growth of of gross levels prior share legal many revenues Plan. per of The and polyester progressed, quarter due impacting our the was marketing ongoing and expenses, and higher Adjusted cost XX.X% in industries contingencies lower year.
Turning to our sheet. balance
dividend of debt execute providing of quarter total of position Resiliency institutions initiatives global month under net with cash, confidence our continues and and our of XXXX, the cash accordance XX, short to As XX, million. $XX.X equivalents financial record our our on date third XX, November with and of a sheet income short-term and In bank date dividend performance to the give plan. $X.XX strong per based Board us nine towards share declared balance XXXX, securities we deposits cash a and to us payment of long-term $XXX.X September our of our and with XXXX marketable acceleration period of million, of November ability million, a policy, had growth during a XXXX. in with the $XX.X
for XXXX the on fourth than and our grow reiterating to being more shipping to that that revenue higher This are higher a mix earlier. and discussed quarter, in raw material expectations significant raw material the outlook EBITDA. headwind slightly we year-to-date, higher shipping assumes even lower will our adjusted year-over-year favorable performance XXXX with higher costs the be offset expect Based faster be and EBITDA revenue more will and annual with margin an I to compared Moving to In gross our that by outlook. cost expectation we margins. revenue our
partially other expect impact additional this and through mitigate We to price cutting cost increases initiatives.
announced on the price of November Xst in markets January effect our on discussed, Yuval take we most increase to X, XXXX. As
me reduction have an comments. the ramped following growth continue we expenses returned let brand our marketing we initiatives and as at Yuval year-over-year in goals. pandemic-related to Additionally, elevated normalized mitigate in our a XXXX in With that, temporary call to costs closing turn invest as to investment we operating basis support These for during impacts. levels investments to and expect future sales in a to on have [indiscernible] back effort remain
