and Kemper, afternoon. Thank good you,
fourth sales the $XXX.X the period quarter, X.X% from For year net million. to prior increased
a transaction increase daily average sales comprised size. of of X.X% and average Our daily in increase a count store comparable in transaction daily increase was X.X% X.X% average
the trends XXX and down over We basis experienced that year strong We the X% on cost quarters. XXXX. estimate are X% on points basis for from fiscal customer the past have annualized was we by third inflation was for the quarter an product quarter, several fourth approximately traffic very approximately encouraged the
Our supply a X/X cost improving of disinflation and less an item several an past than item quarters. count per as to of chain.
The over than same specialized have year, our been was result less prior grocery volatile the inflation the the conventional product trend basket reflecting compared period in down
prepandemic was across item Sales remains Our count above broad-based levels. growth categories.
which {N}power in XX% rewards with were reflects important of and relationships our sales, of be reflecting to program margin-accretive. body departments care, and the supplements customers. dairy, our strongest-performing is net dietary The many continues of represented our The in encouraging this growth category, supplements. Our meat so strength differentiation
margin the and legal lower higher charges quarter, increased promotions, shrink XX partially offset percentage by by as to expenses as net and compared Store long-lived XXX period.
Administrative primarily was a to amortization expenses. impairment basis compensation asset higher year decreased fourth higher the XX and to driven prior was XX.X% a by points expenses of primarily was basis and points by product margin technology sales increased For as net gross points expense. and percentage pricing effective driven attributed expenses, basis driven of sales
XX.X% decrease share quarter attributable earnings million. to tax The XXXX, $X.XX with or million increased per $XX.X and year earnings primarily to in income of income respectively. This income XXXX The $X.XX diluted effective deductions.
Net XX% quarter. year. share diluted on food increased rate rate increased million results. of in and tax of $X.X to touching operating of quarter the fourth effective last fiscal fourth the compares in XX.X% per the was of net EBITDA donation million.
Briefly income was was Adjusted XXX% full the income Our fourth $X.X to $X.X for
X.X% For billion. increased XXXX, fiscal to year total revenue $X.X
effective daily margin higher primarily on higher income increased during resulting attributable normalized anticipate XX% Store growth comparable and points percentage rate basis The sales Our tax prior tax the donations.
We were and to XXXX respectively. X.X% the food than for of fiscal effective prior XXXX. was as was decrease points year. basis between year. of the be will XX.X% basis. XXXX, and increase was fiscal was The rate a year income than sales XX.X% an our average XX% XX Gross expenses a XX X-year store in X.X%,
earnings fiscal year share the For EBITDA was fiscal million. XXXX compared XXXX, $X.XX diluted year to XXXX. was in Adjusted per $XX.X $X.XX fiscal in
Turning and to sheet cash the balance flow.
stores, For flow and resulting strong under capital fiscal in the year in XXXX, had $XX relocated of cash million operations for year of facility. $XX.X million $XX.X we our from generated borrowings a million credit and free cash million.
We cash no million and position expenditures in We liquidity new with cash revolving finished equivalents. $XX.X of primarily outstanding $XX invested net
the million liquidity. to credit our amended commitment have we XX, the to maturity that credit XXXX, November $XX to announced we extend facility our enhance to revolving today, Additionally, facility increase and further
Board hand declared our noted, The per our commitment As of common has $X dividend cash cash dividend $X.XX share. common reflects in revolving special strong and cash we and dividend quarterly to to the addition our Kemper of a flow, share of a Directors under per maximizing credit special capital dividend, stockholders, returning and on fund financial borrowings cash modest use value for will cash facility. our recognizing position leverage.
To the
all payable of new continue stockholders XXXX, opportunities. investing on record business on November XXXX. to store expect including the are and close development initiatives, dividends profitable XX, stores and growth relocation We to at in of Both December XX,
to would like XXXX. fiscal company's for the I Now introduce outlook year
consumer was developed economic environment. uncertainty current consideration of based trends, of trends upon operating the Our the guidance and
targeted of store customer outlook and operating proposition Our benefits growth, includes and focused our the new on marketing initiatives. engagement, value
of be the comps half challenging year factor of stronger in Our high at comps year range our first of back current of a half year the as in half fiscal sales the as in the expectation progresses. the more outlook second and is XXXX. inflation the likely will cycle that be Decelerating end we will the
and will anticipates that year-over-year first outlook the higher of margin gross year half the flat in be the in second half. Our
expect we by to of as modest percentage sales labor resulting driven expenses in deleverage. Lastly, rates, store increase higher a
record-setting per share our growth capital earnings initiatives.
In support we diluted we another and average to stores, to towards X%, comparable expenditures strong store quarter year remodel $XX and million achieve $X.XX, between sales fiscal direct to and achieve For X XXXX, or X X% stores, open expect million and daily X to growth $XX had new X to between year. relocate closing, $X
During XXXX, and customer the transitioned store of to focus our pandemic from productivity. challenges their and team redirected driving engagement the
XX.X%, the XXX%. basis Over sales comparable daily gross earnings diluted store grown X increased improved XXX has share average has per margin years, and have past points,
managed that, questions. for lines I Thank years and priorities to We over challenges opportunities our have the open would you. the maximize past the reset to have effectively the ahead.
With X like
