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turn the me I let few call to share a Before thoughts. Dave, final
to a quarter, outsized that Beginning we As highlighted XXXX. continuing in opportunities market challenging last prepare while to to generation, structure, prioritizing we cost our returns steps we expected and future strategic planned took will streamlining and reducing for mid-XXXX, the cash key priorities when invest our by inventory the growth. in our fuel
$XXX reduced $XX of million These third million over of cost generated around proactive inventory in steps of SG&A quarter reduction plan, XXXX. including the since savings fixed annualized and and inventory ahead
have service levels our on impact negative levels. and no returned best-in-class our normal saw we to Importantly, lead times
we may a developed deliver of discuss a cash to XXXX margins which our in regardless will In generate have preserve face. performance, moment, market-leading Dave plan sales headwinds the and we outlook,
confront Dave. we that, are accelerating challenging to fundamental market it markets the term, while end I'll We position ourselves outperformance in in supported long-term characteristics.
With over prepared for by short growth to turn a
