be pleasure Thank our you, David. to quarter sharing results Good a It’s you everyone. fourth with today. morning,
EBITDA. X, year net for capping record us, to for turn quarter Slide adjusted and up you was QX strong a If revenue another
of pleased healthy growth, quarter consistency track-record of durability with that’s that quarterly XXnd comps. We are XX comparable positive consecutive remain pleased store to the reflects. this and We our sales consistently years report
at once solid its with Also, at over X.X% adjusted our our second consecutive led quarter X.X% Best Legacy by brands increase segment, store quite X% growth increase were a Comps pleased again which another sales quarterly I’m increase for Eyeglass was growth comparable World. with comp America’s delivered X.X%. a and X%. increase up QX comp at comp
Legacy age. Note locations our that XX years average of
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promoter to year. EBITDA Adjusted of increased customer $X.XX XX% closely. important which scores, last net track An adjusted increased nearly $X.XX satisfaction sign and EPS we is ambassadorship versus and
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have Since to X a achievements partnerships. yearend, additional noteworthy share we as expanding result of
announced partner our amendment our we amendment our Walmart to contract X past our added existing an contract, additional Centers Walmart, stores First, total to This years. for in Vision to bring the to XX with XXX. strategic
XX to in time us that locations Walmart first the years marked gave Vision This operate. Center more
amendment and opportunity to as this months, February logistics are X operations contract Vision Centers these the for by closely XXXX. with excited practicable. take as to We’re Walmart over regarding it’s the of The XX, existing extended working soon our also
our strengthens footprint. our relationship Walmart with Overall, this and agreement grows further
will contract Walmart further relationship ongoing, commenting with on or we this be call. are not our Given on conversations the
expansion to expectations great locations. we select program stores customer our last Best delivering successful assortments Best that all brand, team a continued The month, with the at Last at year. America’s celebrity America’s all expanded Second, eyewear values. relationship work after Revaux, pilot merchandizing our exceed affordable to comes our Privé
enter And to XXXX outlook pleased we’re XXXX our our few outlook. good operating and XXXX minutes, results fiscal Patrick in performance, QX strong detail. through take In our QX will exceeded fiscal you with more With a momentum. have our
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couple has Our evolve management of years. team last over to continued the
that Many came the retirement early have of XXXXs together to executives company reached in build the age. senior the
demonstrated pleased We’re by as that go smoothly consistent to our this performance. continues transition
and attracted have strong to same the has well. skill-sets that culture while executives continuing with fortunate quite perspectives, served are We fresh new vibrant to foster us
with continue to by in enhance summer, debt $XX pay-down million successful balance a a sheet followed QX. this our refinancing We debt
successful to our Our wish ownership their remaining of by by Berkshire an in Partners important relationships groups. ownership both to came Berkshire played and equity the exited XX-year position KKR summer. as and thank very Partners KKR private they end growth. This We concluded with chapter both the for both our role last
with strengthened Cianfrocco, valuable insights and healthcare provided independent joining addition of XXXX. managed stewardship in other Directors another has our the of who We Board since Heather Board member,
brands. we Lastly, at considerable our strides social growth made also in mission our
over holiday free Best need. During X,XXX the November eye to America’s the in and exams of months and initiative eyeglasses teams launched give-back children donated December, and our
made rolled world. underprivileged out During World XX,XXX prescription to its are Made that XXXX, Locally, people around going Given Globally Eyeglass free eyeglasses the program and
consecutive highlights positive comparable Slide in Turning another our sales of performance further store growth. quarters store to store demonstrating it X, The of quarter comp and consistency the sales XX was comps, gains. graph
across been economic purchase necessity. this believe a benefits over one the have which we to is of and during of the comps a nice XX-year time medical cycle, tied consistent streak Our
accelerated through trends from traffic day, by remain People quarter. the the the were correct need quarter loss. and vision third to for Comps increases see contacts transactions way driven to get and primary the customer to eyeglasses in in primarily as
comp brands, continued our growth strength experienced our strong momentum Our was throughout Legacy brands. comp quarter. at our at trends and consistently positive trend at segment, the We continued host
X%. excess of segment comp Legacy second The in its posted increase quarterly consecutive
execution by being We believe this delivered patient initiatives encouraged and and our customer the the team performance. engagement driving factor that are key and are the by energy
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ability our A to key success is our ongoing retain attract to optometrists. and
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believe levels. As in overall retention recruitment optometrist We record investments remains optometrist off to and retention continue such, paying we rate invest at are our these programs. that our as
growing optometrist demand healthy in our work that believe drive traffic coverage we store. eye quarter for patient exams we as This the helped fill our ever to to
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line great value. Revaux is an at example are available new also a our attractive Privé which Another glasses,
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vision believe positive in in We quite in a Healthy continued quarter. these our further to in paying strong a Participation marketing a We’re fourth in go in remains behind at tend our traffic believe revenue vision market and our customer this this campaigns Overall, that the net we off of growth dollars gains programs is pleased insurance the with insurance share. factor our partnerships effectiveness and quarter. that marketing are to stores. driver. growth general, comp factor tied investments
the insurance, Thus, the tied minority from we of to insurance. Net a percentage growth. vision see for relative continued opportunity while growing vision fast revenue business net for underpenetrated remain We remains our coming revenue. of our industry to
retailer, low cost. low value can’t a cost low be price everyday promote We National we know without a everyday at As culture we Vision.
that low noted lab our we’ve network are is we reason past, everyday cost. the a As in key centralized
and Texas added in ramp continues on our lab future this to growth. state-of-the-art newest capacity to schedule, its pleased support to production we’re Our have
to operating are importance efforts we of efficiency, the our the optimizing and improve to customer data. usage progress appreciate and We experience omnichannel the of science on data continue our focusing
focuses order to reduced cost. of the aspects and all on journey engagement improve Our customer in
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new the moment take tied to a China, and brief on provide update products from like that to issues import to a coronavirus. I’d we tariffs X
deal XA with trade tariff the products, tariffs in represents most mid-February. from reduced which to effective the of Regarding on Phase were X List in signed X.X% XX% exposure January, our
We’re pleased this development. with
monitor to mitigation developments tariff continue continued progress our as well as ongoing We efforts.
terms including all the whose coronavirus, situation ongoing first In like of lives else concern want the the by suppliers, our to for lab of everyone are Most recent acknowledge partner I affected importantly, monitoring outbreak and we in the closely. people, our are employees China.
To including to which we’ve Our the fluid our to business significant impact course situation, we’re half for peak them. first we a observed of date, monitor. But hearts season. and any our this to is continue well go inventoried not will out
QX real are with we XXXX and performance. Overall, pleased our
industry, positioned to growth for to the XXXX, attractive in we we in business that As are well the to a are our very strategy look believe we build long-term. and continue confident
point, call to over this Patrick. will the At hand I
