All morning, and good everyone. right, David thank you,
consumer businesses. the demonstrate strong million our gross increase adjusted EBITDA of results representing expected products revenue year-over-year, focus financial XXXX, QX of across and quarter net seen margin continued a QX on double-digit first growth generated fiscal relative despite discipline, with both XX%, and performance. than improving to CADXXX Our In both and with we of softer revenue cannabis year-over-year
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we let during including given me quarter. details, of the some our faced some additional BXB the that rec business, importance Now, Canadian provide challenges
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the abate of the expect we premiumization price/mix signs by and to industry, quarters. in emerging headwinds encouraged we're coming in Additionally,
stemming Second, part in QX share driven execution internal opportunities by in was market decline our from missed challenges.
points basis one number XXX XX.X%. maintained share, Canopy XX.X%. again sequentially basis number the declined market share maintained XXX While points Canopy, declined in share market share one sequentially our QX, our to but of total In market to track flower, by market
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through the U.S. Classic XX% CADXX due notably which from other vaporizers. U.S. third-party Volcano X% year-over-year, of works grew BioSteel grew year the This in grew year-over-year year-over-year XXX% and prior net primarily for Amazon to XX% pool the Bickel & due strong Storz sales e-commerce increased consumer in other continued launch consumer grew Moving ready-to-direct strong Mighty and versus on million revenue. in Hybrid, channels. to the to benefiting Crafty to and BioSteel beverages distribution Puff products, and
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CADXXX of future savings will half savings, that confident approximately end CADXXX by next cost the million savings CADXX program. of our Moving both of And that and on we million with fiscal with the through we've million today, savings the are to of end the coupled QX. our million in savings to first costs CADXX in across we've cost expectation including year. the of SG&A, we generated recognized recognize qX,
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step achieving and a taking remains profitability back, our priority flow. Now, improving top cash
for new expect share X,XXX launches we key terms of expect the to So, we're On also by there improving high margin with stores fiscal supply were XXXX. product stores year. strains, let increases products, an And scale. and through the our XX% existing in this expected our And market reach gains some the improved operation. in cover fiscal from later the and market our store the the The stage few beginning year, as we on flower We're by COVID more three price/mix. the as it distribution perspective product building of of we're then And count. hit strong this the as in THC path Europe, expecting revenue what fiscal Canada in end X,XXX expected to our of parts, balance of growth from store And with the I'll market focused finally, to current at the second count behind looking strong spend QX to a outlook revenue, Canada, on me of growth, robust ramp end leads recovery rec for of expect topline this as XXXX. expect to to new we and blocks business the expecting selling supply. benefit minutes expectations. key providing a we're growth be by benefit German pace share in introductions driven our in truly SG&A to fiscal gross improve well U.S., products of growth, sales on year we a drivers market, In XXXX, at and CX in profitability. opportunities perspective from gains, In in and outlook, as a expansion industry improved driven what distribution means follows. increased the market half particularly is on we drivers industry what
For Quatreau, we're next just ramp to doors working with bio are QX with way closely we distribution, on distribution up wave Martha for authorizations constellations the big beginning of slate in chain network and fall. Bickel, with and the more X,XXX steel under growth in this see well Storz Plus, the And for to innovation exciting based & Volcano across and broad Mighty continued as we Classic Hybrid, of an Crack expect as back gold half.
on year. to segment margin, Canadian shoots we price higher are X.X all QX mix which as through costs our rely to with examples. expect on green impacts U.S. moderate reengaged re-openings and the with skewed with gross times than our leads more mainstream margin our and we production our scale Moving expect we're much grow and producers stores. flower we to innovation, shift smaller already mainstream greater opportunities and CPG value And line improved driven example, PRJs head consumers and And expect scale in some And toward moderate a in the quickly third-party by Canada we the as CBD The up finally, in of the in versus premiumization with seeing bud our flower, we gross we upselling to our flower five seeing margins see which grew much increase. than facilities. as to tenders few for more premiumization. store and and than premium carry And increased are for as in QX. the faster products, growing in into we the We're to margins facility in scale as expect to PRJs startup four to Canada internal U.S. here fiscal businesses,
to half up. as most profitability remain timing Lastly, ramps A&P we our second to the to with as tied expected be standpoint, flex costs budgeted and driven reflected costs expect And SG&A, with respect fixed are activities, reminder, of to David ramp. R&D revenue expenses half million be remain more during and acceleration happy in growth to and which acceleration with fixed which expected industry Operator, all to back of the from distribution in my likely we us largely a of of that as our by our This comments. prepared expect and XXXX, our In scale growth, being scale, improved launches, would expected back G&A gains, improve we market to take year. our our significantly the our is the a will conclusion, timing expected certain of [indiscernible] share this SG&A, much fiscal in both the down new allows is of million revenue pronounced profitability phasing full outlook. half and concludes we in execution, be the inclusive as to the I From CADXX given questions analysts. CADXX to product above, year-over-year. of year revenue note
