Good Tom. everyone. Thanks morning,
manage well frozen for through as quarter results reflect fourth position pandemic's our and structure demand, as crisis cost we noted, on Tom fiscal potato impact our as the effect As the XXXX. ourselves on the
seen that we're we improvements the continuing was believe in we've months well-positioned manage through saw quarter the the While to from recent highly We in recovery. challenging, April. lows
Specifically of the benefit sales declined prior additional versus XX% net in week of sales the an including year. quarter the
drop XX% sales the potato the they at excluding the the and the down mid-May Excluding on April that restaurants demand. destocking orders and months in also government foodservice and in restrictions was other as pandemic. quarter, two in reflects XX%. operations last volume customers The as related imposed to or restaurant fell by foodservice following foodservice demand stay-at-home Sales other near-term to week XX% volume and of frozen benefit extra declined restaurants chain decline outlets inventory sharply abrupt through adjusted
consumer towards Our still more down channel, the but prior end versus mirrored the demand quarter the of closely year. we're by weekly shipments trends
shipments of end pre-COVID improved levels XX% weekly of by advantage March about around our May QSR consumers as of U.S. April in restaurants were early Specifically large the from drive-throughs. to took to chain the late XX% then through
mid-April shelter-in-place XX% consumers high to cafeterias to unfavorable and with shipments universities, in offsetting segment's exited X% retail, Price/mix schools end in In the response as began spiked prior our increased and versus the quarter up on partially retail some foodservice food-at-home we to hotels, April restrictions at shipments Demand year and mix the sporting as about weekly shipments gains remained in XX% of mid-May ease XX% XX%. bottomed outlets increased May of in non-commercial pre-COVID improved Our growth levels weekly venues purchases company through contrast, states segments. around of weekly then with to and bars. total and workplace global in orders. for by as restaurants our such approximately restaurants full-service about as
benefit the XXrd For including sales were the X% year, of up the week.
to to resulting the were all the including manufacturing pay Gross benefit, our employee of there that costs led that sub-optimizing of our wages, that; for quarter plants manufacturing factory to rates with we lines. of down were materials reducing arising hours million facility; off -- of been impact including employees, to to margins. our had and to although by had net Of long clear, full a cost quarter, spreading consisted of Excluding to them entire in are as across In sanitize be factory thereby, cost a manufacturing pandemic's credits from each schedules all utilization worked well our below inefficiencies to system. run included pandemic, foodservice on impact including operations our the to $XX related and modifying and may impacted positive from entire respect after our production cost reflects our incur cost operating inefficiencies expect plants lower disruptions incremental well sanitizing non-affected declined about volume our utilization across we down at of; open retain the produce and arising sales this shifting profit restart This reduced and facilities largely levels any third, and demand network. to facilities as have elected weekly second, million. labor, oriented in therefore, million, and the on and products to network $XX the keep production utilization costs government paying disruptions on million $XXX X%. significant of manufacturing These $XX tested continue locations. and times, virus; related related Accordingly especially about labor, To energy lower and shutting our finally, operations. utilization spread costs shutdown, the costs retail This first, inefficiencies standards. production at the
of raw million of non-utilization-related to million million potato million $XX of was the costs, certain largely consists and crop, to $X warehousing The $XX about XXXX included in which obligations of million quarter nearly costs. related nearly which the the non-cash supply $X $XX other other million incremental chain of and purchase costs terminate transportation $XX
will costs non-utilization-related over non-recurring. of half expect We be these
manufacturing the by While incentive and driven decline accruals due reflects remaining broad the gross for profit was profit impact range other sales of input as higher these in to reduction on offset pandemic-related cost costs as had in a which million a gross expense, well our mix, million lower volumes the decline largely pronounced inefficiencies cost inflation. SG&A We results compensation $XX partially a by in unfavorable and largely quarter, $XX lower mitigation efforts. adopting costs
to We and our to related segment SG&A million related to contributions adopt which by Partially to million, pandemic, also order segment $X expenses position expenses government primarily so drive suspended enhanced more offsetting the preserve with projects reduced than capitalized advertising that included to as expenses and shelved expansion safety we're for charitable expense were net of direct of being. to employee $X demand manufacturing expensing our a in and costs and to million promotional $XX associated protocols; improves; these cash. credits our foundation growth in employees reductions were retain maintain certain retail time largely better and that the foodservice sales sanitation of in
down maintaining earnings swung going expect positive pandemic-related million forward, safety especially for a loss protocols. some a method SG&A to million We and enhanced year. to of sanitation of incur $XX Equity employee the last expenses $X from
sales $XX the driven expenses impact in business. million million earnings similar costs million in base lower largely equity Excluding by declined remaining of incurred our what and we Europe. which $XX The adjustments, primarily the was about to reflects of mark-to-market $X decline unrealized of pandemic-related
including million mentioned, the $XXX the the the of EBITDA for lower business bottoming declined costs May. decline million higher shipments U.S. fry million base method and included was at to discussed, -- $XX joint of Lamb by prior equity was and saw pandemic's of ventures what European XX% $XX on $XX The due in million, earnings. April Tom about previously year similar of end costs full-service which ventures. we to ship at the expenses EBITDA with restaurants demand sales, million around $XX was in lower As levels about effect the to I and Adjusted Weston/Meijer XX% and recovering to weekly remainder pandemic-related by joint decline that unconsolidated manufacturing driven our our in
million, last in $X.XX down For quarter down the adjusted Adjusted year, diluted about loss EPS EBITDA was XX%. was including a ventures $XXX of the $X.XX year. joint from
adjusted For the was diluted XX%. EPS $X.XX down year,
gross mixed. XX% to large to May. monthly about to and $XX Weston as of segments. million. of the were our which costs. our with profit of sales China, we've lower by in end the and American of the to segment declined pricing pre-COVID offering with expense off mix, outside services top May. accounted to March declined destocking through and of margin of primarily of the less chains pre-COVID higher severe were decline inventory Sales $XX in rate shutdown end distributors unfavorable through and outlets outside was million product sales had other $XX costs. by certain to product was the million Asia, XX% nearly to By driven driven with to customers quarter. North in shipments by X% shipments million unfavorable non-commercial reflecting the contribution year to as which the Mexico mid-April XX% Pandemic-related product mix, by Volume Australia, of branded XX% were lower April, as This pandemic-related destocking. to remainder, which monthly rebounding customers declined remainder million Price/mix prior reflecting XX% Monthly for Moving sales XX% segment International X% levels $XX XX% the due May. and the sales late and but due consumer had recovered products costs our includes Volume Volume rate of was of U.S. primarily inventories sales actions to weekly recovered XXX quarter $XX shipments markets higher segment In XX%. markets of of The unfavorable levels in and sales, for the XX% about fall. increased to is of the positive in $X Global's end soften accounting of declined drop in North May, on began due A&P to around full-service XX% premium weekly top in run fell for last XX% the declined impact and quarter. the Foodservice limited-time as the Foodservice's inventory the including levels. North destocking sharp mix softened. manufacturing impact manufacturing shipment chain U.S.-based chain restaurant demand and taken Global XX%. the largely XXX in down in Sales to low including customers early products. prior restaurants and customer well as margin costs April Price all increased Lamb in that the America Sales recovered million XX% to foodservice restaurants year in contribution our our quarter. Retail Price/mix decline. alone lower declined American for due
driven lower increased was million costs. higher favorable by by and This actions. offset $XX and $XX $XX volumes, pandemic-related million to premium mainstream million. Retail's well as our mix led mix, shipments and of late such earlier been Grown contribution partially branded by by have products pricing product sales margin expense since favorable strong A&P discussed Idaho we for for In largely increased weekly Price/mix As branded products. March as our Alexia demand our as XX% driven was
the our liquidity $XXX drawing $XXX about million by position $X.X of $XXX taken the began billion, net liquidity and $X.X and new At million financial from further strengthen cash the debt position our Since completing we we've and facility, cash offering. quarter, to enhance which the term last a end flow. billion $XXX had pandemic crisis less end year of than credit steps to from million and down loan, equivalents. is a note was our nearly our undrawn of entering million our previously and Moving into cash
$XXX the these to generate $XXX July, enough With Tom As feel more generated year, million to based Nonetheless, in and mentioned, cash operations. flow, facility. repaid earnings. year we operations. fourth drawn we've efforts $XXX for we confident million actions million in in of about the liquidity million from our about $XXX and on last the cash we we respect cash, generated that versus fully credit That's the preserve in of from down our on than with decline that cash quarter,
Our in and investing cash continue that be to the returning to deploying top business to grow cash priorities shareholders.
appropriate plant week one For we $XXX we as about and currently of we declared capital expenditures you have last fiscal may maintenance XXXX, regular of ERP our our conduct quarterly implement With respect system. as capital new expect million to dividend. seen phase returns
our current the to to operating continue environment. we However, share due repurchase program suspend
XXXX. fiscal to turning Now,
even number business especially we've restaurant restrictions unpredictable fry we're providing demand not The and because during weekly improved on or aggregate, some the fry our and recovery to targets environment increases than demand key the authorities near-term reinstate America seven shipments end we're recently the where in possibly North noted, the As international the U.S. of of We since of a reverse, markets. In the actions of providing quarter. of foodservice fiscal our the states an half have and of just slow demand. environment first may in in has pandemic of remains outlook our more believe weeks government cases a COVID volatile, our first for in May. shipments the providing of Instead summary on, led effect outlets. these financial or in year,
segment weeks to shipments restaurants our shipments most to-date customers, our of year other Weston recent non-commercial of of levels, which products. to In which segment, of prior recovered is quarter. of year largely been recent during restaurant the pre-COVID large Foodservice customers, our XX% weeks year Specifically, XX% food-at-home recovery Weekly XX% Lamb chain levels. the prior U.S., to QSRs weekly to and full-service customers purchases X% most prior rates. most in as during is the approximately recent Global weekly are than have including XX% to begin to predominantly levels solid have weeks in branded the in the sales Retail normalize, prior XX% have year been shipments shipments to XX% more levels, In
Our the gain somewhat key and dining confidence, end when due in to of customers have Olympics. amount prior full-service our has anticipated, about restaurants. recovered international monthly of led we China the approximately growth countries trending shipments with than Europe to in largely has segment, due Lamb faster in in improving by XX% crisis which of are demand other is the ease better In has than markets in venture the expected, shipments have to-date U.S. and our back around, have joint international May has a XX% QSRs faster which postponement line Demand with more prior are year expectations, restaurants than also first recovered to-date quarter. our what been levels. markets Demand the in been restrictions. softened states were restrictions and XX%, our quarter, Weston/Meijer most also from are as in branded in Early while segment, fry In included bounced bit arose. year weekly recovery recent the softer. while in than easing In we our progressed in pace XX% around Japan, sum, since In most products. the fourth consumers included inventories had XX% destocking more Europe, the have shipments by Global XX%, Global are of in China, other in to of been our and more to shipments recent weeks at levels, the weeks. about
fragile, as rise Latin to COVID improvement in we the clear be U.S. to in cases believe remains that America. this and continue However,
recently restrictions, are orders slowing states after seeing at dining evidence restaurants. currently We on-premise some of for placed
has degree incremental ended We'd We restored. costs to cost a range until and operations. as the expect resulting from respect impact discussed, likely reduce our incur consumer and costs, continue, of this will actions to the uncertainty we've continue Tom been of confidence expenses that high to expect pandemic's pandemic With on has profile. taken to our
example, these to shut adopt safety enhanced For necessary. and and And and include and on expenses protocols optimizing sanitation thereby foodservice-oriented cost labor sanitize the maintain products production Cost to reducing sub when times plant and lines. throughout company. run produce modify, employee schedules facilities to manufacturing down, utilization. to retail restart Cost production
maintain So a as took executed it quarter, you period can see, going well, we've necessary to a challenging forward. volatile and the actions potentially was where through
for here's closing comments. Now, Tom, some
