and some thank cover results begin a Lynn then of market will highlights will morning, today's more you us commentary joining our Good review detail. Les. our call with and and operating Thanks for financial today. I in
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improvement, and on profitability increased initiatives Now the million front, The $XX.X year-over-year continued for in favorable Titan, leverage the from generated from to fiscal we undertaken record pricing increase fiscal year, accounting. cost increase this reflected the contributions XX.X% a benefits earlier adjusted savings third including quarter. lease operating EBITDA
our continues Let single accretive digits Canadian which the market me family the our low business depreciation resulted Canadian year-over-year. to basis was areas about dollar declining very in of for softening impact a third consolidated in to further these on X% In results. there single be the operating touch some few Canadian constant with Titan further residential a from in Nonetheless, next. sales on quarter
growth and well-balanced scale including in the of and acquisition synergies remains attractive to continues for progress platform a purchasing platform. and creation key to of fragmented of suppliers footprint and North very power America, work Our continued highly in have closely integration Titan with the long-term to our for our rationale our generate well increased The compelling. we take into expansion North American as advantage market, geographic strategic scale the Canadian of
And commencement the purchasing of rate we original to XXXX expect synergies. announced programs synergies in with $XX estimate continue our suppliers for continue to XXXX our more $XX to million with look million associated annual purchasing other purchasing target non-purchasing the we With our previously to initiatives. January cross-border and our exceed fiscal at for run even we through synergies and realize our began for
initiatives reduction as points of continued through U.S. change of have in the accounting. impact demonstrated on XXX third leverage also announced quarter, strategic our to which operating achieved We previously make in the progress excludes the the lease fiscal cost basis the during
achieved quarter. of January benefit XX.X XX. debt enabled of authorization $XX.X of of fiscal flow million the annual full As quarter $XX.X net on and to repurchased million these cash us common our last full the million million during which are and to We by as stock under expected we in repurchase free reduce announced the XXXX our strong $XX generated run track initiatives rate realize savings
We LLC the two Builders areas this top tuck-in to also of acquisition XXX important facilities the and in end opened Greater just Baton outside coverage adding of the two Group subsequent the Commercial Greenfield the markets Akron, of a and acquisition in operates U.S. metro Rouge, announced Louisiana Ohio New location This Orleans morning quarter.
growth of to opportunistic capital actions and allocation like balanced As our our reduction, of explaining we now in view current serve. evidenced repurchases. acquisitions of end spend that share markets are disciplined a few these debt executing I'd moments Greenfields stated through the by all we strategies on and
in than the deal to new respect the the latter and and business the perspectives to revenues commercial construction, Now that calendar of and that markets remain we residential been with as residential we what seeing across encouraged construction. economy. Since just of of related commercial potential broader XX% the and From XX% XXXX a great macroeconomic half there's current outlook estimate impact residential single-family to approximately with are are by related our on our less speculation our of is we construction. a reminder, part construction consolidated approximately through XX%
it major pause, to new all levels a construction of the in very outlook. rates, uncertainty. believe geopolitical long-term a take supply it As healthy at limited home single late season we not in including many deep. believe the related be factors, the which while markets construction residential to it's and and while we have remains remain as selling still particularly historical rise appreciation, price currently bodes interest to of XXXX or housing in confluence issues we that affordability may a others, do Like market Jobs below resulting income traditional in building family relates U.S. slowdown residential early the very prolonged mid continue averages, growth and for of spring was this to and the well will expect
front healthy. economy which of majority commercial the estimates that of represents business, growth indicators our and an most point to remains On the the backdrop against continued
with our seeing own calendar strong I've business peak backlogs activity. my cases are some people own our commercial that quote in calendar even in We In multiple in customers to heard our visits geographies strong XXXX. XXXX through extending into recent that in are and and from of locations many pipelines
we continue we products, our enable and can. balanced our to position serve, impossible we in believe new exhibit realized term the fundamentals, long-term to ultimately growth our future. residential exposure R&R on believe We what and opportunities we markets across take product diversified the construction levels commercial focused to and continue market both healthy advantage us across and near interior our portfolio predict it's the leading and are While to markets of growth in building controlling distribution business, what of which remain will of now
Looking flow to fiscal generation selective free priority. the an our and with remains XXXX of both to beyond, on with profitability emphasis business and which through reducing cash growing we remain balance committed our and organically debt acquisitions
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