then you, Bruce, first discuss call our quarter strategies. the by you I update operational on begin thank joining will performance, for our Thank provide and key results. reviewing our to an QX
an our update review will Somer first to financial and provide our results outlook. quarter
pleased environment, focus disciplined a These Despite performance extremely our margins. business profit volatile on and and gross generation. EBITDA free growth results profitable quarter. cash with this a our flow healthy positive macro reflection of prudently are are generated We we and managed solid our
our the in space penetration and early still remains story our are We significant low, white believe we as household ahead. of stages we have
us for even expansion in a penetration renewed capital strategic that we focus long-term are customer believe such, wholesale growth. and good uses that position As experience investment and innovation, environment, continued on into product international tougher of economic a
by quarter, million, first the strength $XX.X During grew our wholesale to X.X% the driven channel. sales in
the of high replenishment retail. As Even strong and reflecting just year sell-through experience quarter, encouraged is our to season the we as call, kicking through and fourth we our the expected, more during see full to get rest sell-through at we we stated off, of QX. earlier during we momentum know quarter larger were than will expected so, about orders first we
to the on Moving direct-to-consumer.
promotional our wholesale than to without prior channel were in first acquisition. year new negatively sales be DXC period strength $XX.X million, line same the overall us impacting with less customer in The the quarter. the our Our expectations for allowed in
and existing is new continue innovation and high reflected and products purchase our consistently in new Our customers, be referral rates. for which both to draw repeat a
the and products, delight with and customers new also to experience experience strengthen a Said our differentiated service to ability unique our mentioned. our have through addition differently, repeat our that are continues customer that retain customers making when better with connect reinforces and outstanding to products purchase behaviors customers business and referral In consumers periods with team previously allows navigate trade-offs. to the great
in become quickly We products XXXX, delivered have significant new favorites. newness and fan our
They However, are our a for purchases continue high to and that solid creates for our legacy I that products provide to dynamic strong the rates. highlight want repeat a foundation engine referral company.
out We innovate will wholesale elevate laid our on products, playbook and execute build on partnerships and the we momentum we broaden grow our and business as our quarter, XXXX last internationally. in this deepen
Starting innovation. with
the proud of on over to delivered past the build are months, look we forward. newness this few success and going We
We focused have history continuous a product delivering our on products for of innovation high-quality customers.
loop connection feedback allows development a deep Our our provides with time shortened that customers for line. a product
helps our which innovate product repeat purchases, that increases a drives and expand development customer excited product in and are is As products line, of customers, also value will lifetime remainder lineup find new existing to to costs. not overall only but ways this lowers acquisition continue we such, easily our database, attract we of we the continue delivering healthy it year. customer and new new Continuous marketable our to
be conversations feedback The continue partners from wholesale to positive. Turning to very and our wholesale.
focus with our and growing doors. on existing existing share doors our new partners by expanding space shelf market Our with is increasing into
a on in early channel we story. wholesale close sell-in the are very is in we growth exciting, sell-throughs. that end, of the eye by our our To are its managing disciplined innings While rate keeping
us As for have I customers. our heritage with allows strong discussed engagement our to earlier, DXC
as to ways our with their experience there The wholesale customers that customers that the the are providing channel a build with are great fluid with finding wholesale both well. and in brands connection direct those and are maintain connections upon are build strongest to and We by presentation their channels. direct able
establish our with stronger shelf relationship We are sell-throughs existing and to retailers that affinity brand strategic our healthy partners all where in what and doing excited a to we direct awareness about customer. working brand margins. while are with increased believe will customers, merchandise we to our such, greater lead driving build As can space develop that store,
we in pleased beginning also are are in global with the expansion. our our stages we business performance the believe international of finally, and And
have We in invested are significant enthusiastic about in local leadership EU. opportunity the the Europe on capitalizing in and growth
the Additionally, we open are determine exploring timing be will to markets. strategic we new markets, Asia, and including as these right
international grow to of continue our be that the domestic We business. business to our believe size can
in are are We operating an selective being their in environment where consumers purchases. macro uncertain
the by innovation, channel product direct innovating a and mentioned our business in and importantly, come. and our create to to win, wide However, creating before, combined most for great lead international experiences Brands X customers, that connection products and areas that focus. around will strong that years are meaningful to our with create is moat foundation a expansion growth, execution team our competitive
common moments is a that globe. smiles centered on company put build Brands across Solo mission on great the at a to facilitating faces that is
grateful our for each which to execute the team, customers. I'm for amazing continues other our at for and highest levels
over which financial healthy flow approach strong us We on cash for the will capital long positive to growth, we maintain enables shareholders. believe and term our free disciplined generate returns management, to our
turn to to now the call the financials. Somer discuss over I will
Somer?
