Alex, everyone. you, good Thank and morning,
seen trends reflect our Best throughout which consistent cash managed the softness our As in with by what in offset results to discussed, the pay ongoing our have strength year supported in consumer. we America's has with business, care our helped brand quarter growth third
compared of sales the stores For lower the e-commerce effect of third quarter, driven comparable revenues. the by adjusted unearned store and X.X% revenue, offset period and by closed new year converted increased effect to partially prior stores, net revenue the and growth
with Unit base our brands stores. Eyeglass ended over and the on basis Best the combined total America's X.X% last X,XXX in year, quarter growth increased World we store a and
quarter the transition discountcontact.com by With of to in was the e-commerce, website. performance respect impacted
AC under by that the was As X operated National Lens this Vision a we website reminder, umbrella. the retained previously
website were marketing which quarter. associated decline primary During and was believe in the features disrupted, certain the we performance the driver transition, of the temporarily during
and plans features marketing restored fully be during XXXX. since have the first of website to key restored quarter expect We
included growth. Corporate not was they sales recorded approximately growth are store our impact and for results period to segment, severe during point these sales and related our store the XX Other basis the comparable Given do headwind adjusted Adjusted due Helene. comparable quarter weather experienced to we Beryl a Hurricanes X.X%, the in
of ticket growth and in X.X% driven sales in customer increase store an Our comparable adjusted by was a average X.X% transactions. increase
traffic activity more color wanted our promotional provide and trends. during I little a on the Given the ticket quarter, to
a increase in that Best in on more purchases, Third which eyeglass low driving quarter promotions transactions, ticket decline offset Eyeglass America's in focused the than single-digit category.
of As was the actions revenue, basis approximately a points margin gross almost to prior points, revenue, revenue net This of count. quarter. a XX year primarily optometrist-related applicable increased decrease supported fully basis higher increase driven compared exam percentage which exam by in in an by XX by costs, pricing approximately cost resulted growth offset in and to
store compared and and period. quarter operating income margin operating X.X% prior XX Adjusted prior revenue to compared to $XX.X incentive operating in primarily as as to net was XXXX. period due revenue million and points was of occupancy Depreciation previously $XX.X SG&A expenses. of The decreased $XX.X expense offset in points the million by million primarily basis $XX.X a was the discussed. partially Adjusted expense compared compared increased decrease year higher the other compensation payroll of driven factors points of adjusted million to decrease a XX approximately in the amortization third expenses, to year approximately adjusted percentage performance-based basis in a basis XX by SG&A with percentage
expense the year interest million Net to in period. was $X.X $X.X million compared prior
ago deferred XXXX share million. reminder, reflects in effective approximately of million. mark-to-market Adjusted was financing $X.XX share year per noncash As a and tax third our to per EPS $X increased an which $X.X the rate excludes and a $X.XX totaled diluted Interest of fiscal guidance quarter from XX.X%. interest costs, expense
Please prior increased release comparable year XX press lower results. effect of growth reconciliations closed of increased primarily just the approximately from sales to offset the year-to-date effect On of growth to that results continuing driven and detailed revenue, financial for and driven year-to-date by X.X%, measures. points most same and converted the period Adjusted see sales, unearned store basis quarter a factors I and net revenue. operating impacted Turning comparable our margin basis, revenue reviewed. the third compared which to by by partially stores the new quarter store our our adjusted the e-commerce adjusted GAAP
quarter Turning revolving $XXX.X with to balance liquidity next balance sheet. our total including from approximately our the credit cash We facility. of capacity a and million million, ended $XX.X of available
for the of unamortized adjusted of total debt to As months, was outstanding $XXX.X the net was net XX trailing of the X.Xx. EBITDA debt end our quarter, million, discounts. And
This announced aggregate of with August, convertible As Term million we our repurchased of incremental price Loan in expect $XXX facility. $XXX outstanding $XXX senior cash maturity repurchase the cash After to million senior May our remain Upon with credit million was funded notes million. an million. of of revolving borrowings or of on settle transaction convertible repurchase, we $XXX and for in approximately outstanding. borrowing A cash notes of XXXX, $XX
sheet balance strong a capital a and maintain to growth to priorities. continue our allocation and support cash healthy We flow
$XXX.X investments of expenditures, remote in new on capital in and and and focused primarily existing flow operating invested generated cash we stores million million technology. Year-to-date, $XX.X
revised year our expectations approximately for and for expect We CapEx $XXX be $XXX expenditures million to the have now million. to capital
the our to fiscal XXXX for respect of outlook continuing With operations. rest
in to for growth As release, million X.X% to of share in range be we press adjusted range be based $X.XX revenue income sales to expectations, range $XX billion reiterating operating adjusted the comparable per detailed X.X%; to adjusted including our an be of are $XX of per in store million; on $X.XX of in $X.XX our to billion, the $X.XX and to share. the EPS to range diluted
contemplated range midpoint bottom consider typically of our more with reflects have The adjusted comparable line scenarios. and sales expected of we reflects and while in our previously levels top results our discussed, given current certain variety of the ranges a As trends, guidance guidance opportunity point variables. risk
We start to with many the saw Hurricane has As fourth Helene. inconsistency consumer year discussed, behavior. look continues as to quarter. the seen respect choppy This quarter be we this case to to a have with continued
the last drove as which However, and and quarter, executing into on peak driving performance teams remain committed strong week results, volume we of our the focused year. head especially
Our outlook from closures XXXX material year review. of remainder for conversions fiscal store expect as Eyeglass does World fleet not the the expected impact result of a the the a our or
discussed, store of stores X following convert stores World Best we X Fred Eyeglass X by America's of review, end fleet and in we XX completion the to quarter XXXX. As stores to our Eyeglass America's to plan and World fiscal Meyer stores, plan fourth stores close Best
expect We to headwind have revenue improvement approximately million conservatively EBITDA revenue from to other $XX no as closures locations. of end fiscal XXXX these recapture $XX the $X by assumed expected a million deliver despite million adjusted we in
in of will the be impact reflected release an this our and EBITDA fiscal perspective XXXX. from detailed morning, in press As improvement headwind revenue both the adjusted majority
During other million the exit we XXXX noncash fiscal nonrecurring $X fiscal closures Fred to impairment and plan intangible of and charges approximately estate store the in the store XXXX closely charges into quarter, million real to returns. recorded related to Meyer $XX long-lived of performance We continue onetime related and to asset to strategy assets. maximize portfolio tangible as our ongoing part profitability monitor
than was through review, As of current our given this the fleet identified as meeting reminder, environment. our less a standards higher comprehensive not X%
store store stores We and sales growth store moderate plan healthy our greater the are to leverage believe We investment This through comparable to return overall exam enhancing growth. between performance, experience, to in us will and store decision greater new on enable XX in receive mind, XXXX this next allocate shopping overall while have open XX sales as a maintaining to enhanced such will drive on focusing our for improved operating and temporarily in we committed and model which fleet, the With customer fleet patient driving increase the plans comparable to will improving on through capital made focus year. experience. we profitability. fiscal current a and investments the this adjusted modernizing
in improves, as to with not space Vision today performance more we gaining stabilize the comp only we National position our us. taking our recent initiatives with disciplined help given performance to success. actions cadence strengthen significant believe to will foundation a store intend still commitment new reaccelerate our long-term openings front We As traction, opportunity the but are we for continue white will store to opening our growth of
your Reade for the now for you before remarks call today. to closing turn open call Thank Reade time I over questions. will for we the
