thank call with a our joining detail. will and today. financial then morning operating We’ll Doug you us cover Good for more in review results our and highlights second of begin quarter today’s
the We record We revenue the line second questions. Irma. had adjusted open despite impact Harvey for another EBITDA then and quarter of and up your quarter of the negative will hurricanes during
very mentioned we experienced and quarter’s a disruption I As we’ve since in facilities and were parts damaged. had Irma. Florida facilities also on were call, Tejas our of to and that say I’m at impacted or Houston facilities short-term of employees in our several that last Materials then other hurricane of by pleased But that contents all the their safe Southeast none our are
impacted $X However, response revenue management of these negatively hurricanes. these approximately as a I employees of lost of was to both the shipping am by our storms team proud very million. aggregate from result days the in of the and
respective their up. this Our rebuilding in in while team to From driven a relief superior assisted natural to directly our period, accelerated business activity have during very ramps disasters difficult and very a recovery perspective disaster recovery communities. and service customers many historically volumes like the worked provide as hard also efforts
activities a two years. in fact, positive least will where at business already to forward. occur going are Houston, and as Houston In this our we tailwind in anticipate for for seeing rebuilding swing continue This full serve
be market continue adjust and our will operational that expand EBITDA forward. days, to above the interior I but while focus and was will lost was damage hand less power shipping other impact severe, wind the said, On that net on our it support going grow margin an efficiency All on will products. our confident that given of causing related business Florida mostly our outages remain in sales initiatives
as we’ve discussed of systems has to wallboard prior the GMS on suspended geographic and largest U.S. presence. expand the itself continue ceiling as in distributor able to establish Now we been as profitably calls, our
this approximately and grow wallboards since have basis Within our respectively. our is and by points share XX.X% of in we specifically ceilings wallboard XX.X% report, As XXX profitability share XXXX.
exceptional view, to annual comprehensive markets, that Now gain GMS really business an share since breadth years inventory ago. been perhaps has in over and the on of covers customer basis my and of the which available our between SKUs of balance importantly, its products XX,XXX end our our footprint, most over hallmark ability XX the our reflects of service, our suite founding
projects service small, able to As size most we a of large of medium and result, out are facilities. our
suppliers for customer wink have a base. many a In become fragmented to critical addition we highly
us benefit organic to help that peers, position service national allowed through purchasing smaller advantages multiple local turn share expertise has our drives market fronts scale enhances to while grow business with on Our in our gains. capabilities over
basis points, locations opened XX with added since increased acquisitions strategic locations wallboard greenfield in excess we Now million. share going for through $XXX public, six XXX of our have acquisitions LTM by revenues and those market XX in
reported XX.X% as have to fiscal ’XX. compared we XX.X% sales quarter and and increased our ’XX adjusted respectively LTM net addition, second In EBITDA by
XXX we points our to X.X% LTM Importantly an this basis. been have enhancing while has able do adjusted since EBITDA profile, to expanded on margin basis which also XXXX
and profitable, that we categories dedicated through footprint, superior by and continue four, product confident Now our to continue that the growth with leveraging by to multipronged diverse model our execution expansion on large end talented employees markets through our delivering capitalizing can come drive by our harnessing service strategy. differentiated growing moving across market our scale to above are slide we number advantages
our if the shift a provide five, can of gears me performance to quarter. overview brief for Now let I slide move
to X.X% record $XXX year-over-year Second sales quarter million. a net increased
reflects supported the X.X% by product margins increased would hurricanes, XX.X% sales exceeded quarter. second the quarter the across Robust net purchasing continued that most on year-over-year the for solid of I and Excluding price it modest and undertaken increased and have and to drivers the consecutive impact This of acquisitions business. the both, said of during were base basis volumes acquisitions as growth during volumes our expanded sequential negative year-over-year of digits the and volumes, ceilings initiatives the double in would our Wallboard offerings quarter. would also primary XXth a QX. gross highlight growth. like success last also improvements we
While quarter as income net record X.X% adjusted during SG&A a And sales a year, sales. modestly increased quarter second net net increased by ’XX. EBITDA percent versus flat million to higher last $XX.X the driven of during lastly, adjusted remain
acquisitions to expand existing into about our capital of market the slide Now we or really remain remain on excited and six; acquisition where acquisitions positions. we can turning reinforce to quality We deploy acquisitions on story number our core pipelines.
Company, net acquisitions for very closed that the our Materials approximately the since Washington Builders Supply to complementary they generated Xnd ASI of business month period closed mould XX Last Southwest most building made an acquisition XX we’ve then of IPO December since Xst October August wallboard, Texas. Our which on in added completed of ceilings and and Building and million acquisition. on quarter discussed products all in which recently we on the aggregate Xth $XXX date fit Amarillo, we sales as
ceilings which deep branch customer locations, pricing combined distribution totals us purchasing by very national our added footprint already with building Texas our and each upon Southwest gives in story optimization Building provided branch footprint. existing which one to also added Materials XX exclusive relationships deal Texas. arrangements our This which by supported one across and Northwest agreements not advantages
smaller our of Our of overall these acquisition enter half we than many robust look GMS market. and penetration still the Many or existing remains local as pipeline ones. includes platform competitors of fragmented from and to culture would the peers our into benefit of new hundreds expand the more greatly into markets representing fit
pipeline maintaining to prudent leverage We our on robust have the ratios. while executing capital resources continue
As Doug continue to moving such, our to forward. I and call And further our to resources. financial over our results we turn expect that organic discuss accretive complement capital to growth Doug. will the with actuations
