our Todd discuss and and our And highlights we’ll provide Today, recap our of after quarter I’ll financial Good Then, third the and Mark. to us. will results. morning on update year-to-date our call you, your you thank open summary quarter joining questions. for Thank that, the an third business.
results delivered fifth And XX% This on has strong financial nine metrics. versus increased gross of also business the and commitments of with we’re quarter percentage profit which while another of point-of-sale delivering our a on both consecutive our investing our year. the is double and our across digits increased quarter these first Net exceeding in expectations. basis over sales marketing, both growth double-digit We and especially our year. last months capabilities,
growth across all with continues business all U.S. by overlapping IRI, retail even takeaway all customers. retail sales in up our to is ago forms, Total our strong major as up e-commerce channels, XX.X%, began be QX. expectations to Our and comps, do takeaway we and QX was in well stronger year exceeding measured continues meaningfully Atkins
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XX%, tailwinds marketing room penetration advertising secular more believe around and complements category growth. for snacking this the we and driving consumer only lot nutritional household with and Our a there’s growth, megatrends
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brands. brand is for strategy food Our unique traditional among the marketing
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on focused designed distinctive peer-reviewed to benefits burn avoid philosophy, distinctively fat. is blood independent over by The are nutritional nutrition, brand low supported messaging whose stands spikes Our low-carb, the studies. clinical Atkins sugar, for and body stored help XXX the protein-rich sugar
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in driven by our fiscal XXXX, new items. confection up XX-gram and some is protein Distribution shake
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the business. strong in financial results given flexibility us to the Our have invest
line committed to least at sales are with increasing advertising we in and marketing, growth. such, As
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with buy having levels. resonating POS and and loyalty advertising historic consistent to effect. continues maintaining the be growth rate strong continue Our total is while desired to with consumers buyers grow, and
strategy. New important products are of element our an
and shake similar trial are protein has Atkins’ of solid XX-gram Our XXXX well. our been both other crisp innovation, items. The successful new to ACV protein repeat doing track on is bar such and and distribution wafer as the wafer about bar Atkins with XX%,
Our incremental performing it’s higher replacement in it’s XX-gram expectations. estimate a point that to our XX% category. We over product offers Atkins and line with protein to meal protein this XX% shake, consumers at the and over incremental
Overall, performance. with our I’m satisfied
quarter were growth long-term Third we’re and pace our deliver on EBITDA sales and exceed and year of year-to-date targets. will results meaningful significantly strong another that to
quarter, fourth the challenging. more year-over-year are In comps
have Looking make year. note that this sequentially slowing, you’ll year-over-year fiscal rates data at our we the on in POS throughout the XXXX been as slide, growth way
total we continue see, significantly good feel fourth last on coming growth the our in will However, brand, and up versus to to quarter about the advertising, the be buyers, encouraged which by of we year. quality air
of low-sugar nutrition on strategy educating Our is working. consumers low-carb,
initiatives. our are situation, invest growth We in confident continued flexibility in improved our the proven and financial of supply to effectiveness our marketing,
We are focused driving with growth, new on low-carbers. especially top lifestyle self-directed line
solid the Additionally, nicely over investments we’ve made XXXX strategic growth us cycle. in planning deliver position our to and
I’ll over financial details. to to provide with turn the Now Todd you call some greater
