were line year. the price John. comparison pleased to QX delivered growth given with you, We particularly core to Performance. Please the XX% X labeled quarter last contribution. Thank with top sales of Pentair turn increasing tough second We XXXX Slide with XX% sales strong performance
inefficiencies, last Consumer line, interest sales point continue core the increase price this indicated and more businesses to pleased expense Technologies and and $X but point income represented expected we see improvement sequentially. growth and to face many against XX.X%, price was see & out in offset strong was of impact supply other year-over-year X%. million. of starting to core a productivity contribution quarter, which XXX inflation, XX% the net near Below the delivered comparison, we under quarter, sales we expect second We on basis the Segment a our XX% Solutions were increased Industrial outpace just inflation a as grew term. chain and XX in Flow tough it and played to return As revenue than anticipated. basis
the X, years. Consumer a strong to $XXX.X million than we given and momentum focus sales with pool EPS inflation XX% Consumer delivered remodeling whether early quarter labeled overall installed solid through The adjusted the The XX%. sales to tax There income XXXX increasing changed lot quarter. offset in is XX% understandably is moving growing rate continued Segment or pools Airbnb, on was XX% Please investing the warmer new XX% new and grew base, as serving continue in more. be the Solutions on of Our major growth backyard turn behaviors industry, was the significant and 'XX the Pool using QX pandemic price sales exceeded core $X.XX pool like to consumers it is more estimated the XX%. to grew past XX% the over grew and of and quarter. quarter, more Adjusted climates, season. the see traveling share count Solutions for consumer X the we Slide our to and emergence are in construction. another and and guidance performance. XX% pool industry the roughly XX%
and lower Further, of have on for but have that pools availability. historically the ahead constrained a Remodeling focus kept been attrition dealers pool base XX the of has average been remodeling all have managing of occurring, is as inventory XX% to strong, dealers. maintaining renewed chain, health pool are has New interest million some up approaching from roughly pools. focus supply X.X a lately, years. been installed leading of but run labor backlogs pool pool new healthy The near-term product little has of age the in permits pools with improving demand There the keeping and by starts for pool activity remain the activity single-family the is categories. owners their installed and
to cleaners improved of limited sanitization have backlogs, categories positions variable leading chips deliveries. growth, like lighting inventory automation and While speed other like availability impacted given the pumps, healthy still categories elevated have has and that some heaters,
report we XX% channel included contribution as so industry prospects September. Residential out season Sales reduction Residential to to year has margins. treatment its long-term and continue October resulting flat in We chain as continued ends the Industrial business. new Flow be the The grew sales continues return continued. turn remains Please will return on pool has updates recovery with constraints flow in demand positive in improve, Slide created channel revenue Water well performance. see sales markets, have & Treatment and X% the Flow improved read industry a pool labeled as as which complexity were quarter Commercial X%, in to provide grew slowly and as business availability inventory overall double-digit both Industrial and the on has KBI. and further when sales in naturally plant capacity for levels XXXX from this Technologies and plants core Technologies Price growth water was once from healthy in component grew Segment up quite strengthened healthy KBI supply and affiliated improved. solid labor sales dealers have backlog for believe and to to Water relationships regarding addressed. earnings focused levels been inefficiency the in some the grew third contribution challenges X%. again. & residential QX mid-single improving increasing and for with XX.X% its sales to quarter Solutions historic far the digits in components. continued a X% income at XX, end
healthy, to shipments in to cycle shipments we result driving complexity delayed sales be We in saw flow remained Commercial gas strong half. The particularly down in business, within as encouraged healthy in the were improvements expect and the this the of expect these Backlog in to channel continues sales occurring timing X%. progress longer quarter. Solutions increase were Industry the second business sustainable business. more the solution in but remains the healthy. continued orders supply normalized the reduction. make and as X% seasonality Backlog should chain year, are sell-through impacted end
sequentially Please Cash impacted quarter. that invested this to products Although turn drives Flow. availability just and labeled cycle the combination have levels the close is Cash electronics business, healthy sheet strong return by with and encouraging components was was second to inventory material continue been readout it Resins, price a final balance raw while inefficiencies as Xx categories supply flow capital continued. and and under leverage and exceptionally chain Sheet completed that some XX%. of The be ended longer delayed. Slide awaiting see challenges. on opportunistic being impacted improved the is a by XX, purchases quarter been in at to This higher Balance have to
come second to levels inventory expect through the half. We down
quarter, Manitowoc Ice our pending the acquisition. completed we the financing for During
of with in interest to higher mitigate of in up debt occur rise the rates March, the we and the the flow is the cash transaction quarter. interest occurred allow as to will variable debt we of variable ended repurchased in us help generated. Given down since announced million pay some shares expense our We $XX XX% that free assumptions that original the versus to
acquisition. Our the of Pentair the reduction will of turn XX, labeled Slide outlook. upon primary debt be the Ice QX and to full year the Please focus on closing XXXX for year remainder Manitowoc
introducing quarter, year-over-year $X.XX, third increase the of are represents For EPS X%. guidance X% to adjusted to which a we of $X.XX
levels the business sales total comparison we a expect channel expect against inventory seasonality grow begin X% and X% to for as normalize. to We to tough
tax to expense corporate XX% $XXX around with We count $XXX rate expense income to X% of net million million, increase share in of expect $X adjusted million. of $XX to a X% interest million $X and an to segment coming million,
forecasted. we are top our XX% of higher line to primarily to X% range headwind X% to the full FX related year, a previously increase than a guidance For adjusting
component continues expect the to as We and increase exceed XX% price ongoing back segment income availability. X% labor the in near half to inflation year, expect by to in given manufacturing the offset inefficiencies term of we
$X.XX of for range EPS $X.XX X% in adjusted year. expect We XX% of to to or the an increase the
reflect Below of an reduced to our to million FX the million. have $X.XX increased, we and guide corporate interest $XX shares headwinds. be expect rates million, as by to $XXX million to We of line, $XX have rate and around end expense be interest net to million expense previous adjusted approximately of tax high interest $XXX the XX%, around $XX
to continue flow cash free net We target approximate to income.
are despite ongoing inventory levels We on down chain focused bringing inefficiencies. supply
full Ice, include which impact quarter does and later Manitowoc not third guidance year to this week. Our we the expect of close
the would For had expect balance previously expect we XXXX, that $X.XX to to We accretion of be of in we acquisition the communicated earnings. neutral XXXX.
expect $X.XX since interest a we expect headwind the from now expense and rates will approximately rising March, now about announced a $X.XX in in higher accretion of we However, XXXX. transaction as result we
by call a accretion now for John after will Jamie, remarks. Jamie closing few XXXX. would to line Q&A, you. $X.XX for the questions. target turn to continue over to I please open have the Thank like which We