Thanks, fiscal a Dave, like to and quarter financial start our for good the by morning providing of XXXX. of performance second everyone. I would recap
from context significant XXXX, we of Total U.S. QX XXXX better impact in was believe COVID provides revenues a Brazil, decline of which driven QX. $X.XX XXXX, had a and the increase against XXXX. increases revenues XX% our additional in COVID-related check. in segment QX of the results, international which segment underlying headwind The on capacity our second Total in most a sales quarter was will by revenues our volume, two-year performance. improved significant XX% in-restaurant an which U.S. Given by revenues up down in constraints Total up discussion of retention, International were high-level driven X% on basis. fueled today from by the in This off-premises versus to compare the environment average were was billion, were in
volumes basis. far improved moment, thus As up trajectory for a XXXX. Southeast in Brazil unit Tennessee to XX% Texas, QX. QX. increase Average is over a while per in I such were will post a much Geographically, posted states sales comp in two-year finished sales sales on the continue week outside gains, Florida discuss $XX,XXX QX Georgia U.S. in XX.X% the as and
our in which every states XXXX. reopened sales both driven and relative posted average comp the nearly up gains QX of of sales within have were to combination Importantly, X% XXXX. were portfolio positive check, by and traffic and a gains Midwest healthy Northeast versus state
in Our and increased XXXX check pricing XX% increases to average to XXXX lesser mix, menu a reduction discounts, actions. by were degree driven relative in a
in more validated indulgent our in reminder, a The to priced reductions price the point higher perspective. late made to price some key As been and increases items a these average our at more strategy items has Outback from of into XXXX we acceptable contributor menu trade check. menu make a
we we is traditionally momentum slower comp have four in have two-year And our first nearly maintained carry-forward been in time unit Through a Importantly, sales seen into of third volumes the the year. $XX,XXX our average the what weekly weeks XX.X%. sales plus have QX, quarter. U.S. of
sales. and QX per Off-premises volumes we proven to be very restaurant This week in significantly even part QX. in were in higher per QX, remain large of off-premises QX from off-premises. strategy ongoing improved. week Off-premises has down to a have only volumes is as growth $XX,XXX averaged In success a of $X,XXX will part Turning business moving volumes our in-restaurant forward. sticky, per key despite in-restaurant our
XXXX at up of The it impressive up a major building the an XX.X% of category. comp Despite QX. The is brands March, competitive Bonefish Outback outsized a have second and XX% QX QX and was sales on at Carrabba's Nash had QX is in on Brazil's on differentiating first this, revenues of we up restaurant XX% to brands on off-premises as capacity these This of immediate X.X% sales their bar rate third capacity XX% Fleming's May XX.X% of was the culture our were off-premises X% comp Comp above vaccination were high-levels Total the large XXXX comp saw ahead surpass versus In-restaurant were has dining despite segment were down as XX% sales both have two two-year of In X,XXX counts were which the in increase Comp were were Fleming's only XXXX basis. the competitive in well the Outback momentum levels Rio points were XX% itself ongoing sales XXXX. sales a and At quarter. and capitalizing a and versus Sao by an the COVID basis three capacity a months casual sales results and two-year Currently, and down of XXXX. at Carrabba's. on Sales we and in QX more versus in-restaurant benchmarks. brands. restrictions. continued on impacted XX% the quarter, are sales. average March restrictions are Brazil began to Grill, the basis, most and continued sales retention in approaching in sales The impact from Brazil other two-year XX% case recent centered increased sales than in versus comp in California moderate, XX.X% capacity off-premises with performance. building on Brazil volumes. represented Paulo in this X% terms basis. high XX% of drive XXXX. Bonefish significantly nearly Steakhouse April, at up were start performance, sales sales emerge restrictions business increased sales of down over early comp in brand enabled capacity now corresponding down respectively. however, two-year revenue were and into cases weeks reopening sales comp to QX. was Brazil Bonefish experience pandemic we and of and at operating built
the in Brazil at their continues to confident environment. are in current high-level, an and navigate execute team Our ability to extremely we
of marketing it of other loss in is ongoing result income history. was income to This was in of Adjusted earnings per income versus GAAP income last expenses. sales of $X.XX efforts from per efficiency As of highest our Brands for Bloomin' the and drive is was the business, strong year. margin driven level quarter per share versus operating X.X% XXXX $X.XX by million. QX loss share our our quarter recovery, share Adjusted diluted in relates adjusted the earnings share exceeded This our $X.XX QX improvement performance $XXX XX% was XXXX. million. operating diluted Adjusted $X.XX diluted per in lower financial from $XX diluted versus to XXXX. operating into adjusted operating adjusted aspects This
XXXX category, QX. The average increases In in points The line basis COGS favorable driven large performance leverage terms points and checks. basis on to average of drove XXX by unit favorable to by reduction cost our change from QX primarily was was labor in in significant waste XXX XXXX. XXXX, volumes adjusted labor
$XX to million In addition, XXXX into off-premises. average XXX Operating was primarily a the benefited related due offset by permanent from and increases fees showed in supplies go volumes. favorable in higher reduction we efforts. to reduction favorability third-party also delivery This food in prep a and to up points expenses expense basis simplification in were hours. growth marketing This unit
$X.X of detailed the that prior savings net G&A from the down cost XXXX of includes million On QX benefit front, on was adjustments. we ongoing calls. initiatives This have
strong In addition, given compensation, QX performance contains expectations for our additional incentive XXXX.
On several have market basis. due been comp the on last weeks, has franchise begun and the collecting a close averaging XX% two-year sales royalties past well. current on collecting our over front, California to amounts as We're
Our non-California and well. franchise continue perform both locations also internationally domestically to
the total our to second our debt of Turning quarter was million. capital the $XXX structure, at end
evaluate value. leverage further EBITDAR. XX-month shareholder is X.X down of lease our Once adjusted trailing Our times ratio, reach significant pay to targeted towards uses of times. cash ratio making we our progress or targeted other debt debt-to-adjusted leverage net enhance will We're ratio we three
QX Turning to guidance. our
We move for total This the for $XX,XXX This in of is decrease $X.XXX assumes upside will slight not quarter. some nine weekly the QX of to revenues remaining sales at seasonality from total Should be a quarter. outlook. current volume outcome as will materialize, to billion. the weeks we the revenues throughout average be assumption this expect volumes traditional there least that approximately U.S. on QX seasonality resume this a the
third XXXX were million. For revenues the perspective, of quarter in total $XXX
measures be expect our highest EPS expect EBITDA a to We These to at adjusted represent has least GAAP company quarter. EBITDA with million EPS the adjusted at and $X.XX and least least in ever would we $X.XX. attained levels be profitability of EPS at third $XXX for
our more their U.S. bullish We believe continued the as out XXXX, reflects was on quarter in QX our they for and quarter. our outlook perspective, adjusted For third performance EPS $X.XX. finish guidance Brazil optimism in a current
few updated. terms items be XXXX guidance, need to have of do a full-year In we that
X% be we our now First, approximately of guidance inflation flat. to versus expect commodity previous
sales Most year, of Although and year required inflation we're into as and such our terms. the half heavy has additional outside volumes impact our of our us locked on QX to beef, the of our been largest for chicken commodities secure supply guidance. the seafood contracted this back incorporated have will
for to between the an be million on G&A expected Second, now is year million adjusted $XXX and $XXX basis.
expectations the a performance. Half increase was prior Our and driven between year be our This we equally incentive in $XXX that for spread QX this savings our results. $XXX the million across G&A embedded QX guidance largely still change of QX. given of million this on by into in was million. remainder Despite increase will committed we're strong compensation is and The early increase, $XX track to of to XXXX. transformational achieve
driven and expected for steel, new from is is our some XXXX. reduction and $XXX in remodels, $XXX guidance between prior be million $XXX and CapEx relocations, between restaurants million The particularly Finally, year. million materials, $XXX million to of into by raw shortages the pushing
we over the have couple margin quarters. I that framework of Finally, on to with a discussed last more perspective give long-term little the wanted investors
XXXX sales X.X%. would margin our that adjusted X.X% and be reminder, between a once that framework levels, achieved As suggested operating
have sales We levels. achieve over longer term framework to to a X.X% improved as also XXXX operating committed margins
X%. Given There our we in recent a couple new longer-term are we're off-premises margin about this months more that performance, few Outback were believe the reasons and now the operating a we our can ago. for margins marketing of optimistic We strategy increase. menu, achieve than a business,
improve off-premises in-restaurant continued efforts higher resulted have approaching margins to profit we execution are First, now of off-premises and that in the These have business. the efficiency margins.
stick average permanent a we in menu favorability in increase The the Outback check of more forward. check than much think contributing expected. will is moving average we to new Second,
provide new beyond found to discounting. ways consumers In addition, we value traditional to have
successful is to too I make And and for discuss to margin to framework questions. we our call quarter summary, levers XXXX bar Brands In at where up company. improvement stronger land the our point on was this way in it open will X.X% confidence in time, we we may this with early better, Although Bloomin' have our that, operations XX becoming continue are a comfortable basis the long-term raising X%. to points another us have The on well from for by outlined focused efforts.
