thank joining afternoon, us you Good today. and for
latest I'll business key quarter's call, a today's our on your with Then highlights priorities. along our of review follow of and and performance, For Greg take will questions. we'll with an start update with financials the outlook. the trends
played significant out ability expansion we we told improve profitability, again and productivity third once quarter, processes that customers, demonstrated revenue and shareholder Last innovation, customers. quarter share our expected. share to to as value growth We continued existing growth from with growth, The build see for sustainable drive creation. you at and new
delivered. chain we investments operating story, growth, margin on diligently accelerate including We temporary future also to could see capacity and expansion growth, short revenue adjusted sustainable metrics, key growth supply EBITDA. what our the We guided
The highlighted worked efficiencies, in increasing and expansion. expense to we and volume margin
by growth For major the quarter, and was XX% revenue driven XX%, of growth categories. product reflecting across volume broad-based strength of channels customers,
winning with winning partner. solution provider are and We a customers as innovation
success increase as in XX-basis in EBITDA. by our was XX% point margin improvement operational gross adjusted adjusted the year-over-year well in Our evidenced initiatives as
gross margin, improved gross quarter EBITDA over second operational Importantly, sequentially adjusted the we including XXXX. and investments efficiency the margin projected, we adjusted of
growth provide of top me depth again our and growth. to few the on our give double-digit breadth drove customers. Let you X some data perspective a revenue We each points from of
average posted customers XX% Our year-over-year growth. X revenue top
beverages revenue XX% grew product reflecting Our fruit and total, lines by growth. snacks business sales grew our XX%. broth volume In by XX%,
growing. growing to we across participate menu revenue again as plant-based Our category by options. into I customers major their beverages which and consumers' for foodservice preference every love our lean channel our double is digits increased categories continued in
category XX-week milks consolidated grew period. basis, over rate. mid-single-digit Protein fruit a XX% all on continue As channels to last shakes snacks increased at a examples, shelf-stable the across plant-based The grow better-for-you over XX over commanding share. broth XX over a up with of category XX% XX% X% customers the like last by stable is weeks, consumer segment last Even the well the weeks. our
growth Our co-manufacturing consistently solution private model and label has demonstrated potential. provider revenue
through most revenue milk as recent of gains growing expand are in Dream largest with Oat by to our evidenced announcement America partnership our customers. share across We one North
are solutions R&D new teams Our developing behalf of customers. product innovative our on
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into gives and future this opportunities. growth of confidence us about insight All our revenue
chain as been me. performance, for major supply a Moving of you know, on to focus area has our operational the
and to opportunities. We improving unit growth fulfill and are committed effectiveness volume its margin to our expand efficiencies those using
While time, existing meaningful excited our about network to period a on and XXXX to in drive Based work efficiency. we over the through potential longer-term trapped more beyond. several capacity improvements past is we've runway productivity in realized relatively of short quarters, our the there already significant believe us unlock for many I'm even and greater
of certain advantage and as revenue either expense in and QX, growth supply to During operating we short-term additional up our chose our chain QX, to planned make shore to Individually investments processes uptime projects exceptional take scheduling, similar incremental collectively, were improvements or and and process focused advancements, on these in making meaningful are These accelerate sustainable our investments progress. training efficiencies. aseptic network.
the sustainably of confidence the in plus vision on summary, Our longer we these invested high a margins to and in have us return of months of capital. our also degree meaningfully over sustain XX% expand
In to and increase ability term. strong a the growth efficiencies success past volume much opportunity our gives provides X our investments clearer evidence
some the of me Let recent share progress. examples
facilities in greater efficiency new capacity the QX, and Third quarter to snack and as facilities was fruit as was the well versus over XX up Similar facilities. output driven output last prior by XX% higher our from year lines our established the deployed months. our in XX% up aseptic
month September, Omak, in our at During consecutive production our snack had fruit record-breaking we Washington. second facility
ramp highest from extraction to achieved continues a year the in of Allentown Modesto, September. during perspective. metrics operating facility online came volume Our uptime QX, in which its Oat
the proved milk with in data in Output increasing Given our quarter, facility more more is the just produced XQ volume the this ahead, of double timely. than very and on our Midlothian's to produced provide second opportunities in Dream XXXX, Oat announced expected. as than the quarter contributing performance recently third distribution units line telling be a capacity about the XXXX. points Midlothian investment expansion, more XX% few of
To
significantly guidance supply month chain today. excited drive can capacity in improvement Based additional future the for the in margin is and We initiatives our excellence of our
Supply the was which opportunities, on the our expanding a investments. in growth. on capital enables we return am Midlothian with quarter, manufacturing continue and needed aligns we while opportunities years most our cost we make high to to in QX. reducing efficiency path for confidence Most to of see output production our margins see capacity per tangible investment of the run can have are further practical unlock chain unlocked the the clear, overall best amount degree importantly, to and I about and where incremental We expanded improvement defers trapped to rates unit output. prioritizing strongest final timing come. create capital investment capacity over for margin,
earnings the look in early see still benefits, call. While our to we journey, updating to and forward are our supply we starting our on progress it's you chain next during
continue not in We direction what for the and see, on we based we to hope. future our expectations what be our are confident
Our the priorities remain same.
First, to margins. growth fulfill and drive expand operational customer improvements sustainable
disciplined by maintain volume via our our and customers of through TAM. our the continue relationships to and grow thirdly, expanding gains end expanding customer the solutions, And Secondly, EBITDA current year. deleveraging under and financial adjusted innovative share both acquiring Xx new approach
delivering Our of as fiscal run million immediate fiscal or our adjusted early midterm target XXXX and good fiscal $XXX adjusted focus and EBITDA guidance as EBITDA our is by XXXX. another quarter, we reaffirming on rate are late well XXXX revenue
next earnings our
In provide quarter results. will announce to when we call fourth on summary, outlook results. XXXX strong we for deliver We continue our
expected. growth are bottom the We growing results X a with we've winning or consistently better than consecutive past in quarters, categories top in were delivered And customers. that and line line company over
volume-driven rates is that several categories Our than participate. broad-based and the faster growth revenue are respective at in we which times
positions on drive to growth, into commencing I and and value the improvement and investments XXXX. direction expense Our and potential productivity margin sustainable temporary XXXX for and of the cash through in accelerating confident quarter operating shareholder significant focus am fourth us term. in our operational longer our flow excellence the and business over
call the over detail. full Greg turn I'll quarter Now year third cover in the outlook and to more to
