the you well strategy taking and our COVID-XX liquidity COVID-XX and outlook an our call sheet end-markets will quarter of to on to review in for the today. initial discuss will morning address as through walk of we've typical standpoint. Guthrie, impact discuss business, in the our we year. the new you responded Scott first we discuss challenges I navigate trends us additional information earnings the first our we end versus how financial short-term questions. thank of of results in navigating Salmon as then detail Good the through John more on position. seen our the how quarter to and for the format the our seeing we've added our your light the And some specific start will impact, before a with plan In going are companies call, at balance and acquisition this we joining that modify from of will call. provide and I are and
I on actions, say go is unprecedented. been communities This terrible and those on our out let Before unlike our seen. COVID-XX. into our by people who pandemic jump world the thoughts first all been have that ever and across me the anything to effects impacted economy prayers And we've have of and a
to we here that, feel SiteOne. fortunate be at very Given
financially of part essential that a communities are strong, and safety industry We leader of our and maintenance, deemed the pandemic. welfare this industry has during an to been
of team Further, to role our in this the and tell our am and continued customers, In I safety SiteOne teamwork suppliers team you and I a excellence. cannot the of commitment culture success shining fellow our is communities. service associates, our how of our their crisis of time playing and proud and real
significant up positive business clearly adapted we believe on stakeholders through this I we also And a we having time. impact the challenge. when believe quickly come challenging has team and The I team crisis. is stepping be all are this stronger very during and will to that
products was the sourced our chain walk through to In on overseas. leveraged you China stages, supply quantities in an of I'll challenges. COVID-XX early actions center distribution to very proactively start becoming slide X, secure our manage from team national COVID-XX our to the ample issue network through when
heavy We also as general inventory in created season. we anticipated a very positions spring strong
the the global only based in product both minor Accordingly, disruptions despite we in supply. on shape with good U.S. are and inventory shortages,
we four fundamental As near-term U.S., team our rallied COVID-XX the quickly spread rapidly objectives. around in
associates and but own a in safe suppliers also our obviously customers, our our coronavirus This their First, and everyone families, keep world. our communities. includes
better support serve anyone the in else industry. Second than our and customers
And that short-term manage business All Third, all lower make four our for in fourth, our through to critically continuing associates while sure to the future. our the important we're order objectives taking all to build are this along successfully manage protecting culture the way. demand. crisis, of care our company and of
Let CDC keep pivoted we all the objectives. in guidelines actions to accomplish To and implement safe coronavirus me describe preventative we to the world these taking are rapidly measures. everyone a
and events most have all canceled We air large meeting, travel.
our and executed basic the social associates our hygiene branches. and these on then distancing We educated measures, have and in offices
of hand chain ship face replenish and to coverings goods paper our We and to all disinfectants, supply are sanitizer leveraging supply our facilities.
time-off modified associates or in to high-risk. our are We have exposed order who accommodate also policies potentially
being aggressive very infected they exposed these they home, are symptoms potentially or having is policies clear we it have associates if that not until with virus. stay about With modified the are are
paid of This PTO created time-off donate need SiteOne XXX associates due closing. who at its over a PTO home has is X,XXX take school the of or over hours care have PTO support to best. their We which at associates teamwork to to allowed to donation children XX bank over
to for We through regular stepped services e-mail providing by customers and our on HR our have and and team up our them COVID-XX Internet our with information our associates videos through communication both siteone.com.
us coronavirus branches, so our work virtually from the can finally support visit our our support suppliers instead reduce are our offices. order by field communicate risk all in to or in who associates phone. field to And instructed have with home We but not doing
for tool our rolled This the customers out yard. showrooms meant to have we with quickly in maintain in modified and/or branch spring the terrific In closing In X-foot scanners social we standard. or reorganizing help terms barcoding the which check anywhere to branch order Thankfully, the just cases been our MobilePro allows social layout. has a distancing capability with of our out operations, our distancing. branch branches many this us to
phone ordering the branch. which use another given without and to for online customers We also have customers or advertised siteone.com into solutions has a avenue for our coming e-mail with training how increased on along
Lastly branches are and hygiene our customers, good safe and at providing to areas. and ensuring high-touch include our excellent techniques for service constant are our open of our locations customers remain suppliers. our while cleaning practicing support Today environment a to and high-traffic teams ourselves all
In first March went through the in very and state as two weeks in terms demand, decelerate strong were negative and and restrictions put of were began week the March the of of federal measures week place. local our to and but COVID-XX spread sales in third safety final
are by the and earlier. nationally mentioned I our and local most customer by authorities. essential As state deemed services Security of Homeland both Department
measures the of been aspects of in on based and local our services some have certain customer severity However state restrictions prohibited markets. safety and
As growth our down approximately has of XX% organic restrictions a result these April. daily in sales been
from each week the weeks of that trend March week. XX% of first with daily organic to full fact very the has through In XX% consistent in sales April last been down
significantly seeing landscaping. Furthermore four limited Carolinas strong in growth to the with corresponding a daily organic Florida of In the variance and from by vary X% regions we up across Texas restrictions and restrictions demand. for markets region to with the sales are the South, including XX%
the adjusting XX% sales in our targeted demand. sales Northeast been restricted that lower regions The three we have regions declines in showing to range west daily from most in and XX%. were Upper Midwest to aggressive, and to but plains in the central business XX%. highly organic very the X% April the down three are in Accordingly, In
care they the use team. take we order in way the of can heavily our aid this we in the associates keeping and receive on associated in affected collect benefits support furloughs to while have With Act, staffing from by additional In CARES them and the of chosen the our CARES reduce Act. funds areas to unemployment field our
our to our quickly the with demand meet If eventual we an back and customers assuming of demand restrictions service. associates or outstanding returns, removal provide loosening additional can bring
also we In spending. other addition controllable capital while expenses to the all staffing, tightening reduced
we've and Our team downturns. through is been all seasoned
very so, we are quick associates and sales action that of the tightly these our manage our managing to are actions care pleased furlough. I've include on we been taken to a declining our expenses have who taking those Through all And in business environment. with
We cash increased borrowing to financial by million $XXX on enhance our our position our took approximately $XXX million facility. lending proactive steps and flexibility asset-based
investments these on in have available hand approximately other capacity cash million seasonal million $XX facility. used our under capital. approximately not of working and We new $XXX funds now have than for We and ABL
acquisitions in their or the enhance financial We further acquisition. you're closing our extreme pending of of interest complete to an the associates it like and flexibility. is of When also in we are and uncertainty postponed buyer the best seller the strength a period to today, not
allows a hold to primarily long-term trust Additionally based and and time because to of a our negotiated for is deal. us relationships foundation complete the there are better which things on put deals wait on
until our the wait activity. then to acquisition predictable Accordingly, is our is and strategy future resume more
earliest very committed the term. Despite to of a this remain We the company second to acquisition our strategy building the expect very as means the of our for half in be long we temporary critical at pause, XXXX.
other environment summarize, the am safe, performed way. the serve take near each business how keep our along To lower extraordinary manage our very to customers, I and this support team term proud in everyone of has and of care our demand to
in guidance. withdrawing are difficulty previously COVID-XX the our severity of predicting Given XXXX duration we impact, and the provided the
period benefit However, navigate as well of stakeholders. to remains the and we positioned customers SiteOne to all essential industry, believe distributor an our the leading challenging support this for
adjusting as perform and necessary continuing term, in to the the to are while long monitoring We the closely term. build trends short for
John? walk Now, in first through detail. you quarter the more John will