for million. both in to business. million. XXX up morning our Despite up to quarter XX the a Good discussion results adjusted million X% Materials the our X% insulation the and adverse EBITDA building underlying earlier XXX continued challenges net from first products the of up of John. strong, demonstrating Base finished specialty solid recorded financial net a quarter year, quarter business contributed Thanks, and performance performance. and in weather we to with operational review mechanical you positive business. strength momentum The joining us XX% year-over-year sales and sales of for and our our thank Foundation Building a to segments
During segment partially was the building first strong our of by lower underlying wallboard quarter, volumes. specialty products or offset the performance SBP
the gross coupled primarily in quarter X% which maintain which in compared Our slow impacted wallboard declining performance disciplined due first volumes pricing, to in approach with decline market. other prior as resulted quarter. X% businesses pricing volumes, to mix, wallboard a the we in in The with margins continue offset change to sales to SBP largely higher from decrease X% our our our strong in in product by net a start due base business got the was quarter, adverse off business a to weather year
from well enter we good quarter, As the volumes from quarter entire rebounding second and segment. wallboard demand SBP we're seeing the are the first our
to business strong sales a with Our suspended compared increasing XX% year business net quarter quarter, base prior outpacing the had ceilings industry growth.
continue remodel we as in share to the to drive in ceilings market see business. commercial the market, gains continue We repair solid and demand
the leading distributors suspended of accessories ceilings North and and to grow opportunities see products in ample we one expand As of ceilings our line in product to markets. America, new
results quarter. also Our and and net business prior year to products sales increasing business complementary other the solid posted with compared X% base
and increasingly products core SBP segment, an generate complementary tools, higher accessories products becoming as typically contributor through fasteners, expansion our footprint. finished products we and for business, and Our we additional network. insulation is our important offer as expand we wallboard is to geographical we and an which our than range of includes our offerings exterior profit systems, extend opportunity margins branch product These there believe growth the
quarter. Now from a The markets. is segment for base mechanical with trends, strong strength which quarter the net XX% first industrial turning of to with began or fourth insulation our year business prior end segment. performance continuation Net the in growth XXXX MI our increased sales quarter of XX% to the the of compared of sales
acquisitions, locations. quarter, acquisitions seven to adding we completed branch Turning two in first the
the announced, R our North Dakota M Dakota. further South Great Plains acquisitions and will Supply of the ArmCom expand Company presence in previously and Missouri and states Minnesota As Distributing and of
net to million sales. in XXXX, expect contribute two million we XX acquisitions to For XX these
businesses Our line continue to acquisition historical in and strong acquire pipeline we valuations. remains with
our In country. branches growth the addition through buildout greenfield across to acquisitions, we of the organic supplement
greenfield and further higher Las the years first XXXX, locations plan of and open increased projects market locations We our few leverage startup Rochester, So three term in far long California enhance opened on branch we share and Rockville, another yield within year. two returns capital to scale, our national in profitability. Minnesota, to Vegas, invested Nevada. Greenfield this These
each continue see in markets. of Our prospects strong in remain our XXXX and end we solid backlogs to
of for year. see For steady remodel mid-single supported balance the in good in to we repair demand the and growth markets commercial by low nonresidential construction, activity with the digits
trend averages, further strong historical For family continuing pace supporting residential construction, activity to the in toward growth of is the starts market. upward with single
We value and term to to about we front plan to customers are opportunities our of in prospects deliver our excited long business and capitalizing us shareholders.
I'll turn John to the details quarter. on the over Now, for call more
