you, Thank Scott.
remain laser-focused we the strategic environment, priorities. continue tactically long-term on in current execute we growth While to our
on ways. many seen in these four third be progress can Our initiatives quarter
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increasing where few penetration wallboard overcoming notably is commercial last underrepresented. focus to softness generate year-over-year in residential have construction. the by our geographies in Our here historically we in us continued This volumes enabled over been quarters construction higher evidenced
profitably core focused select of and outside we products. Next diversify our to opportunities our are other product product expand offering, on growing
in evidenced despite row a growth variability Canada are as category initiatives multiple both the by this our quarter States across bearing fruit in higher markets. in third year-over-year for Our United and the end
in progress balanced platform we are our and greenfield through opportunities, maintaining reduction. developing acquisitions debt Third, accretive while
our We Metro a new stepping locations location three During the further City, and the scale market opened metrics profit with strongly to Waco, our the the increase. Canada. practices DL experience in improvement, we Building debt extend closed of fourth we into presence the the US of Inc., expansion a that strong moves market And platform million. a our continuing us in launching quarter this new and complemented attractive Tennessee productivity customers as important third At we we cash in and net with entrance our Texas deliver quarter, as X, four best-in-class reduced $XX New and strength Nashville. progresses our the Jersey greenfield flow leveraging enabled new e-commerce employing same providing position Supplies Deployment best are across to so Ottawa-Gatineau Atlantic acquisition the by technology as free adoption growing key on we February location over of well our to business. well already in further our new time, in geographic Memphis, drive complementing These finally, with on customer and to by markets. as
sales real-time focus we on are dashboards deploying teams growth further we profitability. addition, driving intelligence enhanced insights on capabilities leveraging focused provide In management and business further initially visualization as data to the and our
fourth we market commercial our some conditions. expect Before residential a and the a few remarks about continued in making In quarter. bifurcation near-term, thoughts closing
construction Continued declines high is strength Commercial documented calendar of with family. low construction forecast challenged of single-digit forecast, external remains in for around with housing strong data calling a residential wide well and in XXXX. range multitude a to particularly single
will ultimately in However, particularly respect deployment believe of we made with growth to being addressing advancements are and in by those resumption encouraged demand. commercial vaccine COVID-XX, that the enable in
shutdowns was in low last significantly third end our fourth those by related increase impacted experienced in reported generate estimate the April quarter. conditions, quarter quarter assumes currently XX, expect COVID-XX March to For ended we to sales, double-digit a fourth year-over-year This year's noting and in that April. similar market
and experienced anticipate gross in realized terms in resulting a margin of the quarter, profitability, quarter, the price/cost mix continuation decline unfavorable to year-over-year third that an In third fourth of quarter. similar we expected in in dynamics the
an a turning range result to GMS with And to SG&A and generate coupled the EBITDA XX% of term. XX% fiscal of incremental and long to is now the As In eight. quarter adjusted the closing, we for expect margin continued within slide XXXX. well for positioned, leverage, fourth
our the products, advantages, free priority. service the flow shareholders, All an as provide employ our effectively and North us only not for our stakeholders we enabling strategic specialty customers keeping American and while strong health three market a same of combined us balance leader As liquidity model are generation, the construction the and distribution on differentiated enjoy but to scale and long-term capitalize in to growth entrepreneurial significant sheet execute safety embrace enable pursue interior our successfully contributing of near-term opportunities. cash priorities to our top time, culture. many At advantages
our the team's that value the be we to celebrating customers the world-class as for will to the Operator, questions. delivering to on to calendar confident now our into XXth future. shareholders our GMS well and anniversary of enable are important of milestone. ongoing are Finally, focus for to XXXX tradition with strategic our capabilities with conclude open and commitment founding ready call coupled us this slide we I generate we service our excited of nine, priorities, marks am our