Good to who has today's like joined call. morning. welcome everyone I'd
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to the EBITDA business XX%. the quarter grew Commercial grew XX% ago Residential XX% points basis approximately over expanded same Our year EBITDA a compared Adjusted adjusted XXX declined first while year-over-year, our and period. segment margin
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plan the sustained quarter, during by more the Despite to encouraged the early phase progress are coming quarter. service level than faster the operational of our the demand front, during we levels success execution total improving Favorable expansion fully during on our demand we capacity first program. planned meet led expansion On to are capacity saw our market we capacity with the our and made ability of quarter. online
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fourth year. our portfolio fiscal as quarter during segment low into the our our effect the a product beginning well portfolio As single-digit Commercial announced of last from we product the the calendar increase as XXXX, majority our of went you across of price that across update, Residential recall within at
second side front. labor the as incremental inflationary material pricing, our have we the raw fiscal on pressures well quarter, particularly to on in inflationary pressure During continued resin experience as
in through late implemented we low QX this the such, action pressure. an single-digit recently to in took offset range fiscal increase inflationary flowing As price will that increased and additional begin
to turning our Now outlook.
our raising sales and net XXXX. EBITDA guidance adjusted are We year growth for fiscal
internal our previously driven variables. outlook is As discussed, number fundamentally and a of external by
to continue against website business our construction the indicators such contractor positive repair signs digital as activity survey ample internal and show to new that overall housing continued correlate and most metrics, see in order activity activity positive highly dealer our in remodel continued to as environment. signs. The macroeconomic economic This and as balanced the and We uncertainty checks. also well is
steady we remainder of Residential we outlook confident fiscal segment. our as As continues ahead XXXX, in across demand to the look are our our increasingly
channel pricing or early and on downstream visibility improved program. have our demand preseason levels, our buy from actions We inventory
for the we drivers outlook together, positioned perform In Taken data are continue as our behind our company to this to the visibility well about fiscal a sheet. margin expansion, drive summary, optimistic increased and and strongly category combined opportunity near-term are the brands to more with leading and remain play ahead. growth markets, strong with growing a We in balance leadership that have and lies multiple levers operate year.
call in to innings We results discuss that, multiyear early will who in detail. greater With our and like the value-creation over to I'd are outlook strategy. our Ralph, financial the of turn
