Thank you, George and morning, everyone. good
growing a X.X%. strong Net the compared volume grew to year and compared year case with first the organic sales increased Total of pace. to the the Our prior top-line XX.X% underlying of for quarter the prior XXXX for at XX.X% fiscal period. period first were quarter healthy growth billion to $X.X results with bottom-line quarter first
sales specifically meats, tobacco of cheese, was taxes. attributable billion sales channels price a growth net inflation Eby-Brown and of as Foodservice, an cost in such also excise X.X%, was result approximately across Overall to Eby-Brown, in and inflation of mix. net to net in to in including the poultry for primarily the case acquisition in was attributable per as The restaurant produce. increase independent The million contributed the plate increase the especially case $XXX.X food The channel. in broad-based sales Vistar center selling increase items and $X.X in related to growth sales quarter
mix for in an compared to prior the profit $XXX.X channels recent gross independent the increased XX.X% and Vistar's growth acquisitions quarter channel. strong of as of to was year channels led specifically to as XXXX customer profit restaurant products fiscal increase period by well Gross the The from million. improved and first case
up would excluding period. XX.X% for experienced year Gross of in XX.X% period. margin up compared first been quarter $X.XX quarter slightly a Gross The driven margin a prior was Gross first case tobacco. year Eby-Brown profit the versus the was have who the for as lower decline gross of by per to sales was percentage the prior profit as Eby-Brown. net margins result margins
rose was the to million $XXX.X by the expenses acquisition period. an in the to of compared in Eby-Brown the due case XX.X% year quarter prior primarily first to increase operating resulting in operational as The increase Operating increased fees expenses and and impact result increases from legal quarter Reinhart a personnel acquisition. Operating volume professional variable of and the expenses. in expenses resulting expenses first the in also on
The increase expense. income Net our partially driven quarter $X.X the profit the million offset was grew million. operating first gross $XX.X of which a year-over-year income for XX% by to increase tax in a $XX.X was profit result the by primarily in increase million growth
in increase in the quarter XX.X% fiscal rate of The an the was rate tax effective approximately state versus non-deductible was taxes. to XXXX. quarter in in The the expenses first income prior tax increase and year to the compared XX% due
million to in the first XX.X% increased quarter. EBITDA $XXX.X
prior quarter, period. first $X.XX diluted to $XXX.X the rose over quarter the over to $X.XX in adjusted EPS EPS period, XX.X% For million share and the XX.X% compared to period. adjusted the EBITDA increased the prior prior XX.X% year year grew year Diluted per to
cash in in by activities versus to flow higher operating cash increase our operating and flow. improvement improvements the working of from was $XX.X in flow period. $XX.X PFG million The operating largely million year generated cash driven Turning from prior income capital. an activities,
flow decrease year $X.X $XX.X capital $XX.X million of expenditures, For of versus period. million, in the a prior the period. the million approximately quarter, increase first million $XX.X of versus PFG free year PFG prior invested an cash delivered
XXXX guidance Turning versus is adjusted XX% fiscal adjusted of increased our previously organic to to The to XX% announced X% X% its in X% and our XXXX our fiscal grow to quarter in in to be by projected driven Vistar. Fiscal now stronger versus XX%. outlook, to is range adjusted of in range first EBITDA EBITDA results announced Foodservice a increase growth we XX%. of EBITDA XX% range previously to
The includes adjusts impacts of adjusted EPS increase versus associated the costs adjusted The previously costs in XXXX of to adjusted to offering diluted taxes, increased diluted acquisition. fiscal the per PFG range to X% of X% diluted EPS forecast net for with quarter. by Reinhart the range carrying its $X.XX carrying its notes announced EPS approximately XX% XX%.
July, in October of are FTC to approval from I'd the where We end HSR review request of the for received second on like with terms filed at and the Reinhart our share briefly Xst. acquisition. FTC we a
the end along in the have process remaining moving the calendar FTC of early to is feel this as throughout at forward close believe schedule. questions. good we moving year anticipated, XXXX. engagement we process the our with We closing the or transaction the by their about and expected The and and is had will meet to point expect are responding how process good We still we
our quarter In were solid. first results summary, financial
with in and EBITDA are top Foodservice's the We improvement in sequential results. the businesses pleased growth line our strong
our in PFG another and year of of another confident We strong growth. expect it's feel Vistar solid year year, to And will EBITDA although, early line top that I deliver consistent growth. have fiscal
George. to that, I'm with And to turn call going the back
