for Thanks, quarter call. second and K.C. thanks joining earnings Good everyone, afternoon, our
Brands quarter the future top to total expand our that our very portfolio operating which and addressable key decision next execute, to we generation few continue continued confident of consumers.
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year-over-year year in highlights go year-over-year of million, second of EBITDA the to Net detail, guidance.
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on mnml, emerging on achieved seasonal swiftly and brands. record-breaking spring bring market deeper faster deliver identify to sales, highlighting than ability mnml's demands traditional Going to ideas and mnml's collection customer fresh
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more your provide the questions. P&L before I'll on Now detail taking
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also U.S. meaningfully momentum improvements sequential gained We experienced our the brands as in
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the ended $XX.X compared at in the $XXX.X the with We $XXX million ended quarter balance year inventory, ago. ago. flat On million $XXX quarter million a cash sheet. totaling and in with year cash equivalents, Turning a now to debt we end the quarter the to inventory, with million of
with comfortable approximately total our trending for Kings' we stock strongest made our continued update During we quarter, repurchased quarter, quick reducing Culture in are our our second repurchase levels, we the shares and cost $XXX,XXX. inventory are investments program. as levels of on progress our XX,XXX a In the inventory brands.
A
share in repurchase quarter, we the $X.X authorization. the million of As remaining our have end of
our outlook for turning Now XXXX. to
outlook are $XXX $XXX in our adjusting first to between expect to now in full and million deliver Given results, half for we the million sales our net year. strength the
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XXXX. G&A full expect We year $XXX the million for million and expense between $XXX
to and expand continue reminder, will of expect we it other as expenses. composition as such our a the channels As we impact marketplace, into wholesale
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in see as XXXX an expect impact more half grow. We back the to of channels of these
adjusted For weighted $XX and diluted share million, count of average we XX%. million EBITDA $XX $XX $XX tax million, XX.X expect million million, year, now between between the capital effective and and an of of rate expenditures
of double-digit as the between $X heard, and in currency transformational For our sales and we with EBITDA enable business. third adjusted is portfolio XX% focused line committed consumers The summary, consistent EBITDA addressable expand next started we in to our and $X to mindset million, quarter, delivered million.
In net growth innovation Brands We year continuous constant of growth a.k.a next-generation our prior the combined expect on culture with executing very resulting market.
We opportunity see million with a building of between long-term remain brands tremendous work period. $XXX relentlessly of over we $XXX on quarter the healthy the with flow-through of across to you've of meaningful the top total million priorities driving operate XXXX, strong profitable for improvement we growth, strategic being our generation to capitalizing while fuel a improvement.
we the as we there And ahead motivated and of the I'm year. continue encouraged us, work the is business. recognize we're half of our momentum by head more executing excited So back in while to into our strategy
to your questions. Now I will call open up the
