results providing and margins the I details including metrics. gross morning Thanks of the through Alan walk financial and our income first also and the good quarter. will everyone. on sales quarter net for the other in detail discuss I’ll statement
to an outlook fiscal provide I’ll our update XXXX. for Finally, year
streamlining improving original enacted the ramp include included investments our to or the related share amounts These the Total repurchases increased sales manufacturing spending quarter were our benefit fiscal $XXX U.S. outlook. for first business our organization, $X.XX quarter, includes recently earnings million year X.X% legislation productivity simplifying tax was XXXX, relating $X.XX and to which footprint, up made repurchase, supply processes of the further capabilities. was organization to share For per adjusted $X.XX in communicated quarter to $X.XX e-commerce million. in including net continuing $XX.X by prior of the fourth the and quarter which share versus attributed from previously quarter. and and the initiatives chain offset our of in to $X.XX current optimization our in a The
in lapping partially with revenue [Indiscernible] offset of from organic merchandising of business changes volume by in actions The the noncore portfolio the across care favorable X.X%. in made year of X.X% attributable XXXX. from quarter, sales following the promotional the fiscal were Excluding half increase in components; the first several storm May the of X% auto and business. $X investments in favorable approximately sales up markets, U.S., These was prior retailer XXXX was our and currency optimization divestiture the amounts million pricing back to acquired
end We be the expect fully quarter. to merchandising second retailer by the the lapped changes of
Looking In portfolio quarter, These revenues markets. X% Americas we impact the X.X% sale Asia price sales of ASI with sales amounts increases impact, by lithium fourth increases into XX% primarily In prior Asia by retail respectively. were approximately XXXX. up driven were organic to changes, and by decreased of and to due EMEA, favorable revenues of organic volume net increased due net X.X% fiscal merchandising holiday Pacific, and the the offset first in business. Pacific. growth In organic net at in primarily and shift our Americas, orders volumes in the quarter the of price geography, several the experienced taken up the hurricane and partially year XXX% net revenues our the favorable organic optimization revenues
rest prior in second the on year. also that quarter inventory first in levels to exited Gross wanted quarter. margin to to during Before elevated normalize and retail we slightly historical the flat quarter, the with expect turning trends, the P&L, XX.X% first I the mention was based we the of which
as A&P were initiatives impact and net year currency initiatives. from support and investments first absorption offset benefits X.X%, XX a by prior prior increase in programs. sales of quarter, the of of Continued less points percent year, primarily primarily improved an was holiday the and compared favorable foreign in continuous of made pricing favorable basis versus improvement to
on an point quarter's in was improvement $X.X $X to up full percent and acquisition the discussed will current be initiatives the XXX call, or the year quarter. and of million integration increased our SG&A current million year. As compared this a was SG&A approximately dollar million absolute to we were year year the continuous quarter, last investments excluding our prior On basis our expected increase due first XX.X% current costs, current in fiscal $XX.X basis, which as spend more spending, quarter. balanced throughout sales as
a now SG&A costs. year be pension the quarter, from in standard also of like other cost fiscal SG&A reported to items of credit second a requires more impacted of The be realized cost resulted SG&A, new I in will would that spending This XXXX. in the mentioned the to of items initiatives reclassification respect net As other which resulted predominant to our majority financing savings to last of in new fiscal with the related amount pension in standard in increased pension million. half $X.X prior point the half. the behind the in With I XXXX accounting that first classification our out this reflected
accounting year standard, clarifications we it to quarter first As of the current this a have compared classification. result prior to year to the new made be
million year. These net The quarters. be will the be fully making X of approximately by of reclass three $X similar next income in in in of items We each an each [ph] resulted year will our other over SG&A the in reclassifications quarter in reductions increases offset pension prior increase the on balance statement.
account U.S. for the tax that the reported effective enacted $XX takes new U.S. transitional earnings year the point out to ex-unusual primarily the rate first new prior the rate million tax the tax legislation. was The required is the of driven by quarter now the decrease quarter. XX.X% rate XX.X% includes steps is related Our tax effective rate for and impact compared to by charge like legislation tax foreign to into or in in that year XX.X% the would fiscal I on XXXX. one-time for newly
Looking with cash at quarter the $XXX our balance million sheet, held all we of with ended substantially offshore. it in
stock the end debt and and average X.X last to essentially common first $XX in increase XX-month quarter, In the Our quarter generated an year working the of roughly the was $X.X the quarter, maintained with debt with dividend million we basis. $XX.X repurchased related $XXX unchanged a compared million level flow to the from capital. of $XX.XX. quarter in quarter our price billion We paid of EBITDA a shares X.X times or $XX on current trailing million at million in we free cash prior of improvements primarily million at approximately to of
as announced Spectrum In agreement to we mentioned acquire brands addition, our battery portable business. Alan lighting and global
take our a to business meaningful As to support pursuing will and long-term fit the right our always are a continue for we that approach shareholders capital returning repurchases, investing opportunistic capital balanced Energizer. to finally share by opportunities through allocation M&A and in growth, the to
quarter than focus long-term our capital value. balanced more our building driving I actions on and allocation pursuing and think commitment to shareholder approach this our in support a our
up tax as our for earnings remarks, in of $X.XX original for Now, underlying $X.XX the per $X.XX on And the this with in sales turning range of outlook fiscal to a are are increased December sales range adjusted current reported Net passed low earlier new fiscal his share and $X.XX on increased XXXX, organic business single impact Approximately mentioned expected X.X% the of optimization be have pricing the our hurricane sales Organic the sales single for we to to including the activity attributable also net to expected is primarily of repurchases quarter. X% growth of updated this finally approximately movements million currency $XX to $X The digits share and low are XXXX $X.XX. account made from lapping takes new be year the we impact of into to to across million net driven the distribution year outlook up range benefit Alan basis portfolio the attributable gains to the XXXX. digits. lapping of foreign actions impacts favourable Favorable by net by the globe legislation performance. $XX based in rates. expected to another
is in XXXX. to of fiscal margin and XX This rate versus points XX gross basis November XXXX points is the improvement XXXX. basis Our expected is outlook provided an driven over primarily improve covered are optimizing different X% and the associated spending cost, net will that improvements. year to productivity key approximately the timing With X% net be to consistent of with outlook. of to XXXX is weighted spend the expected the fiscal I for the A&P Again, fiscal requirements timing the XXXX back than you our current of in half. want the expected during to spending fiscal range was of where be with commodities improvement manufacturing by XX% This of commodity of is we to on remind footprint. respect more long-term rising the continuous our cost our sales A&P
a by balanced higher quarters year in the resulting lower million $X of flat about costs fourth cost, two each SG&A be acquisition however in year. will We the year-over-year fiscal expect net evenly sales SG&A be will expected next million the and excluding spread throughout basis, more to of spending timing quarter. to of A&P as the of across be not $X spend on integration is in the offset percent a
investments e-commerce will $XX mentioned quarter, during I call, and our As ramp in SG&A. to million fiscal and make to and we first in on was the last included processes, up streamline approximately simplify investments our continue to the In quarter’s organization business capabilities. continue XXXX
million three expect per be of in We additional of next quarters. cost each $X reflected the to quarter
majority be by on by income current impacts net offset favorably second rates. million million of movement the of based be costs to savings, of occur expected the the year. to these $X of currencies impacted the foreign are savings While half Pretax during the expected of expected $XX hedge is
our U.S. Our ex-unusual to expected income of now in tax in tax December expected rate the is XX% the taking to the mix be passed to range earnings. new of XX% in account related country impact current into legislation
million Our $XX be million. range to expectation be flow and of of unchanged range million. now to Free to million depreciation in $XXX expect cash range for $XX is the in of $XX capital continue to million $XXX amortization $XX million in to we spending and to remain the the expected
legislation, improved to a of the revised the expectations. In benefits working increase addition U.S. and includes the impact with tax associated gross capital margin
year that for we for time, spending, free the indicated adjusted will repeated significant of our quarter’s upon year As quarter a XX%. based Actual and included X% of reminder, cash first adjusted of the the last asset benefits to first first the sale At X%. be timing EBITDA XXXX. that spending phasing would I be fiscal quarter on indicated expectations down. was EBIT fiscal not flow down I investment in adjusted be to A&P both EBIT year expected call the that XXXX half down that
the to our half year adjusted second the lower increase realize results, initiatives. year of continuous key our from we upper half and the EBIT and EBIT the single phasing basis than that reiterate the now adjusted earnings delivering down per up in in year-over-year cash $XXX quarter, XX% expected The Full by headlines more Low year offset million. of we $X.XX expect will year share is first expected $XXX following be as million sales to up of of flow the second improvement to due from EBIT the outlook. $X.XX XX% and the growth A&P free growth, be to the on begin range. adjusted are For adjusted savings digit improved it in fiscal the confidence be to digits. a organic performance end I mid-single to indicated to to we our near To XXXX
Alan back Now turn I the remarks. for like to to closing would over call
