thank our you, you All today. joining afternoon, and for right. Thank Cory. everyone, Good call
quarter 'XX after the revenue meaningfully of $XXX million, are quarter of $XX adjusting third slightly the In which our of even we of Main but acquisition XXXX and million both third quarter fiscal EBITDA Event. adjusted for the XXXX, third of above of fiscal of generated below
due business driven relative dedicated unique our EBITDA our a that robust pro XXXX as we resiliency complex revenue the I by period the the in post-COVID EBITDA year, adjusted prior fiscal same we efforts well lap team forma operating grown am both the talented as environment adjusted and model, and Despite margins proud demand. have XXXX, and to challenging year-to-date a basis. expanded to dynamics, as of comparisons of strength to these on in are in have and macroeconomic We and
We'd XXXX, that and meaningfully and improvement. XXX Event, adjusted also after goal of relative year-to-date, highlight margins also basis Main like EBITDA of nearly adjusting EBITDA to previously the are revenue XXXX the margin adjusted XXX communicated double our relative are to to acquisition point up points up for even basis our
our the significant pleased we are during report made we to progress have initiatives. quarter, that Additionally, against key growth
in will rolling be coming provide seen further and to in substantial our success we special months, organic we will revenue, weeks We have the broader event but marketing, front, and meaningful improvement initiatives, moment, portfolio detail beverage, will lead a test which and and we have which the growth profitability the a across cash the out food in remodels implemented flow. on and pricing, in we in expect
during and efficiencies shareholders we have and our on relates continued a to Furthermore, have accretive successfully returns have relentless recurring return continued highly stores a we capital opportunistically new finding a it investment open focus to cost, base. maintained on cost on the the X take more at As highly delivering to to attractive like have manner. progress reduced to in the coming billion that target detail Investor on as and in $X adjusted in moment to result ever We laser-focused organic EBITDA as growth our initiatives. indicated on key remain remain go Day confident a we into years.
I'd
by conversion the making guest message get right at right opportunity to frequency huge a and both is to the there people the time. believe We optimization. we marketing sure First, improve right
in our we technology early remain bearing investments made significant in of we out infrastructure, digital quarter, engine, are part building we the begin During new XXXX. towards fruit will our fiscal which Through marketing targeted confident progress the goal. marketing that
and With designed channels and guests provide target personalized a pilots particular learnings to how guests. engage specific efficiently a unknown with and us focus on data-driven effectively on quick will owned across have to already wins, effectively paid to enable both communications. we launched known more That our both with
tests strategy initial We pilots learnings will efforts our to digital in the for the scale XXXX. from scheduled inform the and quarter fourth additional
more and acquire frequency experience. personalization value our Ultimately, this already from well digital technology this as getting guest increased lifetime to We data guests help engine know and an existing will by value right. enhance marketing as high-value leveraging the immense at of our increase us guests better the
As previously users, already database, frequently visit X.X on spend which loyalty each disclosed, versus million non-loyalty guests approximately more XX% XX% guests. is now visit over more in and our
strategic Second, strategy. game have had robust not We pricing. a pricing games historically
were economic prices conditions stagnant prices nationwide, We still across country. sales game our the strong parts for decades same-store were while is increasing significant strategically obviously despite different a game believe proposition. different As value in opportunity prices grow also regions maintaining all there by and to of game consistent
encouraging During implementing to the the price we to our of facilitate have current months. us areas our advance portfolio within In portion in optimize which quarter, coming number have new give These to we games. pricing testing desired and our of initiated we the gaming the of system, will of the the been broader which of a our certain ahead a across fine-tune out unlock shown new capabilities technology investments in rolling tests will to certain weeks results, strategies system. opportunity continue system,
lot beverage. I'm to improve and we opportunity our see a the or substantial improvement of the food overall F&B offering. quality substantial talked improved sorry, Third, about -- We've the
the the During the of multiphase spoke approach roll we about are the taking quarter, last out menu we future. to D&B
of the drive was operational more back food at the phase, the improving we test sharp with which unnecessary saw X, quality success and removing of complexity We improve peak. and house also execution to you throughput a the focus during overall told in speed about Phase designed initial on by service
our testing, through April plan culinary particularly is system-wide aligns as F&B of We increase immediate the contribution almost experience.
Simultaneous assuming we Phase basis the X in an impact. and beverage a are that increase Phase designed success, and X approximately check, attach X for X and innovation it to states targeted in COGS, our system-wide with the launch objective quality Already of with to to an point would bowls, weeks our X% XXXX. only the X the menu the revenue in improvement favorable appetizers, Phase we of XX, the new launched future report go-live has of service and need the check, results. Phase in all started quarter, guests. and XX our food F&B XXX that sides, stores, X hospitality and exciting beyond third are incremental an better of dining overall F&B positive per and on us entertainment-oriented Phase scores food In food pleased around of further desserts improvement is drove and we while in of model the improving rates that Phase guests' September speed in testing seeing above menu Phase we X to had sales meets and of satisfaction D&B X, short with overall it
Fourth, remodels.
a very scope the physical than we significant there offerings current experience and After run While high-quality the in essentially more and to meet they our but significant did remodel as decade analysis, research of not is our efficiently have also remodel base of only appearance our our as stores a guests. interrelated our need stores, have better guests, states believe more represents majority the feel, we culmination boxes deliver designed the an and same the strategic a reset our to of look, our today we program of believe we store will business layout improves how that ago.
analytics our Grow designed a F&B elevated design. sales introduction attempt new fresh, finally, improve return sales look product two, through to one, of program to Specifically, and accomplish disruptive and through guest execution; room, entertainment relevant modern improving entertainment news; platform, of and engagement digital following: introduction feel. important through: the a dining gather event improved the a of gas and group-related overall relevancy brand and through reconfigured options, the special guest improved through grow data the an more and remodel revenue operational was introduction
the highlighted in the During our had of encouraging few call, last we results the weeks of from initial Friendswood, Texas. test first store remodel
and to year the we our pleased more not double-digit are still still that from compared report saw expectations, XX% financial but uplift compared to the store last to early sales have few a have our While weeks results uplift the than encouraging improved and over Friendswood only we sales one prior continued just exceeded driving store, XXXX. and a
guest are And is our better driving now through percentage our point, to this future sales remodels overall thousands based ROIs. have have the guest are on full threshold. than significant value-engineer of highly and the digital beverage expect special and are XX%, loyalty sales growth, food a on data up important of over confident exceed membership seeing, engagement to rest our guests a up event target on are mix has or In Scores net up Promoter XX%, at to increased remodel hit we pace faster our rate nearly addition we is to what we platform. Notably, return even system, we
future the encouraging so of results to the far. for the what team Given results, in we've put initial extent overall the us position seen meaningfully remodels our consistent to development accelerate we've to with pace that remain remodels instructed
As in XXXX. quarter X of complete and of remodels early now, remodels X we the XXXX plan fiscal in to fourth additional additional
system fiscal a Additionally, XX already end additional test remodel to to Gate return the capital. achievement additional XXXX. be total by of sites target to our fiscal XXXX test and significant and go-forward permitting D&B remodel the with of Stage remodel of results strict a for the position remodeled upcoming with for of number by continue XXXX, remodels, majority will of XX thresholds of we'll we in formulate capital success plan our a assuming process remodels ensure begun complete to on The have remaining all a XXXX the
events. special Fifth,
continue business, us take Buster's to brand. a to We allowed our events & which behind reinvigorate Dave the aggressive special more put outbound at prospecting has to and resources approach additional
dedicated special in as stores in the dividends growth embedded without event XX% XX higher year, earlier dedicated in already terms We upsell they are the where manager pacing seeing the we managers. stores sales are revenue sales this of
several We revenue. additional sales special product to drive implemented have items our offering empowering teams events that are our more at incremental
virtually the of prior to attendance double showcase year. demonstrate special and holiday the in we person, groups, both offerings superior our events Our events had nearly where
conversion and new business. event In to customers SMS addition, have our additional large with on repeat lead engage special our launch impact will a to
All quarter did quarter of we pre-pandemic the in this expect to for already and provides fourth as the momentum booked in of eclipse $XX,XXX-plus entire we levels fourth as quarter, many where the significant XXXX. have events
Sixth, technology enablement.
We beginning analytics. At our out guest-facing ordering IT strategic their powering optimized team completed palm growth ecosystem, service infrastructure domestic of members tablets, enable transactions improved new and are data and November, of game enterprise the OneDine initiatives through execute which rollout of the all an the from of model, closing the store the hands. of we server to
on remainder the XXXX. end the IT with to with by stores track We have D&B the year, infrastructure are XX in updated completed of
and are X actionable adoption insights believe integration of in revenue generating system-wide additional adjusted an being office new innovation back ERP, in with on are to rollout required footfall technology attractive laser-focused the will streamlined on a tested for EBITDA, our and we is new in initiatives these We of traffic strongly real-time locations area. that teams to the lead we systems the anticipation we a our our with of investments this have and maximize With driving return XXXX.
we growth are prime shareholder business initiatives these value. organic significant create confident to forward are drive aggregate, In our and
indicative that are are recent focused this progress conviction We of towards the right operational we achievements the have in are long-term right that our and making the we areas, goal. investments making
doing those are implementing by down of partners efficiencies front-of-house to while managing satisfaction and scores phenomenal particularly reduce and labor hours of house job operations during managers driving portion times. our improving overall labor, general back a talented of to hours team in peak redeploying Our costs a
are of synergies, with improved in cost benefit goods a of We are to ongoing of sustainably areas This of on we the X cost combined stores more are the new X successfully efforts, dramatically third company's this opened. additional fourth these which We already progress are expected and an profitable and been quarter, opened driving have base sold chain that over XXXX. open to in time.
Furthermore, open additional and confident organization fiscal lower business pace we supply all brings creating us total far a making efficient the new lower in stores continue stores in stores. of to to quarter, we the XX X
pleased We are with highly continue attractive performance which of generate the to returns our very new on stores, investment.
with breaking locations XXXX international Australia, front, international to ground partnership announced East, agreements the partnership finalize additional to India the our we On announcements Middle fiscal international franchise and as forward in come we with look X in more on geographies. previously in
now in consistently market, conviction quarter confidence back profile, outstanding in capital dislocation shares in of third the repurchased we our bought and year-to-date our strong in return our XXXX. our upon to have flow our free desire Acting million $XXX our in of cash and long-term shares our our plan, valuation worth the the XX.X% of shareholders to
prioritize on we on and business, building investments materially opportunistically that continue return attracted and fair our also back shares this of returns, will in trade cash new view While below to we when value. to stores shares continue aggressively will high our buy cash
turn results. let third review the to that, now with Mike me over to So quarter call our
