everyone. George, you, morning Thank good and
they Let second cash quarter operating relate to through results, on financial our you including expenses, detail flow and take reforms changes PFG. tax me some as
The fueled in the channel, significant improved one-time increase in charges, categories. procurement the customer point were to produce, charges products, primarily shareholder integration resulting acquisition of company's by Gross gross Vistar, channels second our prior driven X.X% which was along growth impact prior expenses, eggs, to was quarter. XX.X% strong dollars number acquisition. resulting well sales quarter, case margin as operating of mix within and of and and on during cost benefit grew XX-basis to XX%, majority On the case primarily profit over an and Operating the billion, cost expansion the X.X% increased with expenses by volume meat, grew nearly to approximately daily personnel. gross sales quarter PFS, year profit the independent the XX.X% inflation pricing the $X.X and increase million, an and from with non-cash The exit topline, during Vistar growth from net in gains, Food in sales related due a million. the the was $XX initiatives. approximately the inflation to $XXX.X as of one-time variable in due of increase private most to the totaling A equity of and XX.X%.
Excluding these increased non-recurring have X%. charges, operating approximately expenses would
impact net quarter in increase the fiscal prior will $XXX of million. new $XX.X continued grew briefly XX.X%. to over increase XX% PFS than of $XX expense period. recently profit nearly sales enabled I increased legislation. continued a recognize and to offset nearly now customers growth or The to of Net a in-line sales Diluted nearly increased EPS $XX.X of slightly was EBITDA well our enacted driven fuel mix higher in income increased solid $XX customers. share income the the the rate diluted the sold you XX% strong as as expectations us period share, in to addition existing the of reflects and results year corporate in improved share. take points favorable strong cases income control, more of through $X.XX brands, adjusted deferred penetrating by force. basis by result net a growth quarter as due as driven Independent compared tax shift the PFS for to the and by tax our percentage quarter prior XXX% revaluation to earnings in to and second expenses. X%, in of the per Performance million the quarter the Vistar, Our a cost XXX% XXXX, were $X.XX each as gross to to sales our sales sales a our increased also and gain decrease federal of segment additions expense, as reduction million tax of performance second year Adjusted driven per million of total for customers XX.X% control foodservice segments. second EBITDA further to well non-cash The second by million one-time solid XXX independent $X.XX. operating up through in tax with to of per The the liability. was
growth and a acquisitions, deliver with associated fuel Vistar higher to independent related vending almost percent EBITDA performance was XX.X%. company year year. driven integration expense. the $XXX.X offset was in dining second costs warehouse the case an fourth costs along Our This increase higher period. the in segment's the with soft Strong the Vistar’s these the volume, result improvement recent prior X% as higher million. and personnel was hospitality, decreased to grew of remainder sales gross The a abate, strong the quarter case of points to up expenses increase versus XXXX, $XXX.X XX% channels, $XX to and the for retail to environment. the EBITDA throughout second net theater, growth PFG basis by as sales in expects and cost within driven profit a cases sequential XXX of for Vistar's and million, year was acquisitions. variable Customized recent facility operating of by in case up sales to Austell, Net continued brand the million, quarter prior X.X% Georgia fiscal closure dollar fiscal mix casual by compared quarter to growth
driven personnel fuel slightly including have increased $X.X of in Excluding in million. to The for decrease in Georgia EBITDA second Customized the result investment increased expenses, XX.X% partially offset costs, gross a decreased shifting quarter higher net would higher PFG the staff, mix. operating by sales by favorable segment the impact customer support as and expense, improved Segment EBITDA warehouse profit. of was facility,
of an prior the was $XX period. cash flow capital driven generated income cash by operating activities Now, operating million flow versus of from PFG higher operating flow. from reduced year inventory million The cash increase improvement in turn fiscal largely the management, let primarily levels. to working through strong six in first activities, months In XXXX, nearly more and $XX me than
and first XXXX, capital the be to fiscal The XXXX communicated, fiscal of XXXX expenditures capital invested projects. the fiscal expenditures to just company due over for For now timing six $XXX expect than $XXX of previously the million. in million between months is million $XX and lower expenditures, estimate we capital
rate fiscal previous in rate the for Now XX% a from XXXX federal XXXX, fourth XX% further XX% to operations of fiscal was let and PFG's fiscal will tax of It words quarter declines in thereafter up quarter. expense $X.X few gain tax and me XXXX. XXXX rate PFG XX%. in in first adjust further fiscal for will based decrease XX%, second income a of XX% blended previous the decrease booked XXXX. and the rate a decrease rate to year federal at true tax the from expected XX% on quarters of the to XX% third the fiscal down to reform. finish rate a approximately rate This to impact to million approximately The to the the to with effective resulted approximately second tax tax on year-to-date quarter fiscal from in tax applicable This PFG's calendar. federal non-cash blended rate the in in is
tax the the excluding cash expected X% for driven of and growth tax XXXX. morning, remainder adjusted EBITDA this expects For Earlier discreet and reaffirmed federal $XX XX% we first-year of to rate for million, to $XX the equipment, fiscal company approximately by of million fiscal items. the lower XXXX, deduction machinery savings
high EBITDA growth be single expect adjusted adjusted expect be higher the to We the end digits. full-year And of the second-half result, to as range. in EBITDA continue at a to
to due diluted This compares XX%. $X.XX addition, growth growth to our diluted or EPS adjusted to of In the to results to XX% increased prior the we company's and Act, adjusted outlook strong XX% $X.XX. first-half to XX% our EPS
We financial deliver goals fiscal track for remain XXXX. on to will our
gross XX%. remains to expanded back expenses, like healthy the X%, profit points, margin With to tight has adjusted Our George. total call XX I’d EBITDA basis our and grown a growth year-to-date operating more that, and case nearly over with focus than corporate turn on has at
