joining you Good Irene. Thank morning. Thanks us today. for
discuss and open to that growth assortment update Tom will on results and and provide this Then, QX for initiatives U.S. the our year. will ensure details on it quarter going up an questions. MS we earlier introduced I'm the
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also driven and and total have company points margin of suppliers difference diligent operating U.S. basis our been Canadian margins cost We we Year-to-date businesses. in up XX%. expense manage our to with partnering and leverage across incremental is XX
all want strive earnings work we gross I to to during margin, on for total January guidance share. We profit members our done this have team they call also and margin total maintained set environment. for commend on QX that the the the operating company per
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what to these times, matters. focus continue we on In challenging
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and in manufacturing, heavy end like pockets natural are softness resources, most across We seeing manufacturing. markets contractors including
and flat heavy customers production. strong Healthcare retail in we slow market remains are end our of manufacturing seeing government markets. some seen and and quite modest resources have particular We with natural growth to
XX% segment XX% gain large X% business sequentially two stack versus growth X% third two year XXX points the and out quarter on by a a share stack. grew grew market. U.S. of U.S. and midsize in U.S. on accelerated the basis year and
a growth in initiatives U.S. providing spend minutes we an this update few of on me May Let our introduced year. which
As communicated, fall two under buckets. previously initiatives these
data, First, that offer our to keep of our customer foundation experience. enhancing product improvements stay competitive, includes and stock quality ensure our improving and that this we the the our customer embedding
XXX points initiatives incremental growth of investments above of long-term market. to our are of contribute basis bucket that Second to goal XXX
Our by quarter. take initiatives basis the share are in as hold evidenced to gain beginning XXX points of
process. driven revenue by efforts lift review are billion we're and strong seeing merchandising good of has been category our $X.X remerchandised comprehensive showing About Our incremental results. revenue product
our get We billion for to year assortment through about end. $X by expect
marketing made these incremental the exceeded third on in throughout which and quarter our investments steadily has improved the We our investments return has expectations. year,
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the we suggests our Our customer provide experience that best feedback in space.
re-energized our seen work share corporate customers. this of gain improvements have We in and account group have with
receiving our on Finally, Louisville to in the to track start inbound we shipments quarter. DC are fourth
versus encouraged sequential the share gain the accelerate ability by U.S. our in we XXX committed market ongoing XXX points on fully and basis are basis. We of to to an remain to outgrowth
a at few spend Zoro to our minutes initiatives want on U.S. growth also I
assortment You've of talk product Zoro. the heard expanding about us
SKUs, the Our the to us to for is three over SKUs we year. the XXX,XXX XX about years. XXX,XXX quarter million third add items five which next to brings added In goal
growth are MonotaRO. adds new what a that to These product historically at incremental driving on seen similar is first revenue basis we've
and to people are launched marketing promising, new We growth Our September a investment in early. the well. this although in campaign and results are going help drive also systems
bulk be forward. And end growth our optimistic trajectory and Zoro forward; profitability we in business of year. of strong the about the moving are going the expect We by will of this investments this completed
be investments Now, market. the on would soft of cut to natural tendency a types back these during
driving and prudent our to while continue we'll growth While of we business are investments focused on long-term make productivity.
in will results quarter's to Now it discuss more the Tom detail. who I'll turn over
