morning, Thanks, everyone. Matt. Good
this experience, second us delivered businesses developed We offense, seizing our in by in we have did also job managing We lower Moreover, and market volumes. a challenging focus we our and profitability our me our of on offsetting the future. generating conditions. through and saying where solid and customers aggressively second the great the quarter played benefit to drove better opportunities new costs will that impact operate from Let through managed productivity, start of quarter. ways members much We kept could.
and the with benefits the ability efforts, diversified our better-than-expected to our containment reach results. to breadth channel cost from our the revenue pivot, line contributed quickly price our points, all of streams, combined Our top
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First members. is the and all HNI health well-being of
while the the strong is term Second our the navigate is on and our long-term by strategies. maintaining successfully balance to remaining sheet, short pandemic in cash focused flow success supporting
far, facilities priorities. So able we were quickly our customers. We and have to to successfully both operate effectively navigated safely adjusted our serve and
we addition, members. for offices, we began multiple safe safety In returning as implemented a all ensure process our to measures to
remains safety Our paramount. members'
flow balance our modest excess level. year strengthened further of free generated also We our prior already and levels cash in debt We sheet. significantly lowered
have We cost structure successfully and a any period. and crisis for to aftershocks weather this the prolonged financial strength
two financial costs, Our demonstrated ability are flex and changes. to we making strength
initially anticipated. pre-pandemic restoring to XX to are levels, earlier than we First, XX their salaries days
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quarter Our and salary happy efforts fronts originally earlier I'm members the second levels multiple are we overdelivered able to quarter. grateful anticipated. for about that on in their restore a than
across view share dynamic. our the we QX, markets we acknowledge and members. I experienced our be a like we what financial and direct are and demand using and we position invest. are note opportunities position result the what are now currently on of efforts experiencing some the picture how notwithstanding, we our that businesses; It see to indication of in Second, That financial to strong to over would our our that actions we crisis our is not an is these continue levels. I thoughts investment the will accelerating are future.
year-over-year QX activity. our First, order
Furnishings, domestic e-commerce is business, recently. in seeing QX. were excluding our Orders down been we what have Here Workplace XX% in
Over the they down past are XX%. weeks, five
uptick remained line seeing with our relatively five E-commerce We and year-over-year orders, a are in the previous have over in have orders up and declines XXX% seasonal constant but what in XX% experienced were up weeks. in are QX generally recessions. we past
in to growth were weeks. deliver moment, We We over strong business are believe consistent up the rates Products and Residential past discussed orders are providing again secular X% quarter, will detail this near continue which and I confident in a will in the last Building see still positive growth term. long QX, five the trends both we tailwinds.
an on down and shortages keeping production. are which eye for slow builders, labor land We could
Again revenue [indiscernible] reach our indications benefits. and far. unique And to price rates encouraging reflect thus growth are point channel these recent breadth streams, However, are HNI.
potential are Next, as and we near-term Workplace for secular supportive quarter, provide support. should post-pandemic our we trends discussed that several the Furnishings segment, last we seeing multiple positive trends. In see revenue
trends quickly to life; while our especially momentum. in seeing. their of still and to cyclical mode more resets the from office the floor a demand organizations third, office These work new cases to as assessing with take new currently some tied from work increased is value increased COVID steps. right these generally locations. out pressure, the products positioned smaller than can orientation our we adjust be social demand figuring of to broader near-term benefit growth enough from in nationally. plate separation meaningful office physical are and home to and platform, won't gain maintaining the trends next options uniquely construction given more HNI of many require these with now satellite natural brands. offset return time to minimal increased second, Customers are create of will are environment; them a which Generally, and distancing to architectural Most First, will for time trends
position Residential and specifically Building develop. Products However, in our to competitive advantage segment, take national In opportunities HNI reflect trends is market large particularly order well secular as the the these positive with positioned our strong builders. of they
In positive secular should support demand housing tied and rates work-from-home support cyclical trends, going and addition, and low to and mortgage forward. elevated inventory, patterns trends all de-urbanization, nesting record low provide
about secular to our We to turn I position. the then back Building segment. are over results Residential will some come cyclical initiatives give the Products thoughts. call current strength, company-specific our now concluding second within financial opportunities discuss I Marshall our excited Marshall? and and quarter will and
