you, Evan. Thank
Before my and to I gratitude to we into their want results, dive Board express in Evan the for the QX trust me.
me Given It my and true. and to to police our affiliation the not the team each joining responsibility units the bring of Rifle life personal Black through responders veterans into with focus our providing dream lost mission for consumers, context but, military our highlights heavy family first a my has and of to been and I'll the areas. continuing come some serve. truly to is we key on QX, customers, from business of most the Today, importantly, whom walk investors communities, insights you
brands by fast-growing start strength worked goods consumer of packaged Black of I Having say is emphasizing my the remarkable. at can nothing short with Rifle Let's Black happening confidently that numerous the career, brand, Rifle which throughout unique. is what's
of scale QX the and wholesale quarter responder growth that have in past XX%. of maintains this to character new growth of the the evident across which year-over-year. impressive Black seen the our strength in a the itself The channel, an XX% on brands community, the over is year, take versus unique awareness saw sequential Over by grow life, will brand unique most as and levels culture we market. that This ensure XX% we first Rifle veteran the way brings
in $XXX a entry from million announced rounds. the X we market, our and over channel FDM Just bagged that year to We've ago, revenue. grown into coffee with since
Moving aligned forward, we will service with drive heights new our and our partners with mission of to and growth. partners existing find new to work
now Our brand a on XX shelves from FDM X partners, is only ago. year in up
brand that largest having The In we newest coffee. limited for given relatively we in early This #XX a only promising strong largest partner serve. risen number rollouts have indicators few We are already of rollouts, launched and overall in now fourth sign, currently In second retail show is the the potential most partner, are the results. a our is months track are these enormous. very largest early brand. eighth we ago, our bagged but outlets of on to partner, our coffee
ready-to-drink our business. to Moving
continue overall success We outpacing enjoy growth category. to with the our
XX%, major in category. stands higher brand the growth year-over-year over other significantly our Specifically, than any at
core at distribution our look dedicating in resources top RTD and for our Commodity efforts. are for and doors, All our or gross see reflecting performance enhance to XX%, in XX market, more strategic versus consistently ACV, in Our our way to grown Volume, the almost SKUs margin forecasting particularly Black points to which critical the growth nearly coffee, to improvement. appropriate rank as and a Rifle, category demand committed We basis has we is a XXX RTD
a the from Our expect being his habits Shifting successfully about over past the next prepared post-COVID business, speak will to inventory cash quarters. in our in we benefit now this Steve we coming in addressed, more implementing to tailwind that a year. and this comments. overall consumer business are direct-to-consumer to DTC challenges are category and stabilize adapting of the should improvements number are changing
Firstly, and for making we have subscription. technological mobile our easier guide to app, website towards loyal planned enhancements our it customers
customers in Additionally, flexibility we and their subscription within options, providing are more with variety our innovations purchases. introducing
will results. Our ad paid new efforts sophisticated, efforts yielding targeted marketing become are DTC increasingly customers already to attract our optimization and
the brand progress relationship Rifle continue with will Black Our to subscription as a itself.
position, U.S., committed and a increase subscription to retail As new of DTC revenue. we vital our XX% our year-over-year customers the in business largest attracting component to Outposts, we the success. coffee maintaining leading business, is in our DTC direct the Within achieved are
XX% decline expectations. However, had a which we did meet not our sequentially,
approach are measured we taking to refine result, space a As our investments this we a model. in as
we progress the element want the communicated best to our few conclusion, are high-margin, the on stores we in improve of and We quarters, reiterate I That our asset-light this I the in resources we segment. determined company to growing as have keep We'll In our quarter's key focus of to believe long-term coming the will we priorities shareholders focus franchisees. of you strategy, our previous for meantime, this continue business. call. analyze approach the over short- to FDM our we supporting months. medium-term. and and provides in existing discussed said, maximizing shifted remain the last a As performance Outposts return our and highest the our informed In have
business rigorous in driving on through focus marketplace. growth within the Our is the profitable execution sustainable,
We to for that, with our are long and our With the introduce a months on has newest delivering you profitability I'd team joined Black promises turn team. however. history in our the ensuring predictable of Kadenacy Steve growth now like which ago. our efficient, of foreseeable formally to X committed Steve future, about one to mission. supports and members Rifle,
been in has with amazing a real Box partnered have our on more dSPAC such with our his organization, the Steve the has Black key team dive now been Steve talent Silver Steve's during Capital, a me CFO multiplying for capabilities. there call mission-oriented executional QX fact, Rifle. investors, Black a day-to-day To organization. I'll the and the a amazes the results. Rifle always experience strategic to an and my to It is pleasure, drawn hand instantaneously one us our business to quality trenches, over In spark of he into as with process. of detailed
