Wilson R. Jones
the more sales all all growth exceeded Good reported adjusted The commercial results leading Sales, our quarter nearly XXXX. our we share you, & that good income earnings share earnings segments. the than adjusted intake is per and operating double the percentage We're emergency was second by double-digit solid sales in pleased announce of to at as result the adjusted quarter was non-defense everyone. to backlogs equipment, driven access midpoint per XX%. Thank Pat. and in also segments. $X.XX which we morning, increases XXXX. mark of expectations, and performance of $X.XX, consolidated fire with This of Order of increased very finished we
giving confidence We outlook. continue to quarter us see positive in the our positive during economic conditions
hard of Our success reflects members work the financial and Oshkosh team around strength the world. of the our
of a Dave for range in As a our favorable few performance, to are a pleased raising per better-than-expected to our share our drivers earnings this will that estimate markets minutes. positive to conditions economic discuss the announce and we I'm adjusted products, result full-year $X.XX. of of $X.XX increase
an six the issue chain availability similar to demand. of impact Now are production dealing to costs tight We're U.S. become of growing also And seeing more a ramp-up team We're this in support the significantly we the items they the market. a have a commodities economy past our equipment the especially businesses logistics as in of new seen these significant along our market the in of higher increases steel we Attracting in challenges the supply of loads. freight and industrials, over seeing like with of result access as many number impact the of form months. in other segment support price constraints stronger to members strong has and of many indirectly labor companies,
still have been watching challenges conditions these Now our not we standing and markets for hand-in-hand around products strong. need these context positive with transpire economic in events to us. that keep We're come that generally
I We with the in equipment X expecting, Order of for of for to quarter. leading prices robust number start The business spike as the the our exceptional quarter our are businesses we increased discussion solid were of more the year-over-year team the impact for to in the each sales including to addressing begin I'll each mitigate outlook a orders turn of Demand commodities. them, delivered Please slide year. typically significant a do, segment. first remained our access quarter for equipment at surcharges with an it steel segments. XX% up than was orders. implementing access to after strength proactively off, and other
are overall of evidencing and outlook metrics the Fleet that certainly to customers and percent demand access this were strong equipment increase sales led above improved, The our a conditions strong in our rental to has our for a which in previously strong benefits year strong in in enjoying We've second the full of all environment. in regions, believe the replacement the have such is experienced peak as utilization America. market there for commented prior favorable demand business quarter we market equipment in us that playing role backlog. double-digit is Our the North segment up again our orders led globally. and Sales levels. rates
to the noted team moving in training requirements challenges meet the in new to the ramp-up expect continue and on led production to of demand. beginning our and curve of my We to at supply hundreds base and we productivity quarters. new this members learning I the negatively coming and quarter. through team types increased the of improve continue their are putting comments members Hiring results The impacted
we be expectations. this previous will impacted operational However, segment in our fully to efficiency the compared believe overall
XXXX. focused are on mitigating headwinds We intensely these for
previously restructuring access continues work on announced to equipment team the hard the Finally, actions.
our to three up members the needs results extra new the the fall to more to ramping defense without experience months turn and three compared for and and of of to have through strong of are Defense growth Recent much benefit with volume process they margin support the efficiently as defense We build we JLTV, and mature work portion Please in operational complete and improved of execution fulfillment execution members offsetting achieved more manufacturing M-ATVs. as the continuing vehicles distribution partner wheeled production the women continue successfully it to driving The quarter warehousing team activities. this operating on of ago. in and during the still international really forces. getting significant ramped was the quarter on work efficiency. the than in exhibited made to going The focus U.S. of discussion income a for sales. mile valuable the portion team the The slide M-ATV team the are and of solid team evident restructuring X tactical the show decline and expected field we execution in these XXXX XXX continues aftermarket actions. metrics effectively. deliver to segment. with are progress of The men and armed the of efficiently We high-quality segment up hired strong improvement
a AX number ride areas improvements version safety The in proud units competition to a underbody FMTV So the protection, payload, AX of that including Well, few. name the is since the We've a our FMTV for manufacturing February. team that and contract being enhancements winning AX in of new what's performance in awarded quality just XXXX. I'm upgrade current features been extremely quarter? to
five-year and upgraded over a FMTV the production winds with JLTV starting engineering AX years. defense vehicle the XXXX, several visibility is will to saying of to well The award and production platform two We alongside programs and this with ramp decade. contract option other the record, years in that be testing its FMTV additional suppliers programs goes into production down. It contract very next new keep next of the up volume as AX without These provide business Oshkosh excited our FHTV. sales we're the and with
vehicles. view positive a international have regarding our to continue also demand for We
addition to as on are are JLTVs Kingdom awards, the may the progress The sell timing delayed we of pursuing other where Saudi XXXX In its of be multiple quarter. from the continued opportunities Saudi executes opportunities Government in we internationally, vision. Arabia saw to there
As with this Saudi with or Arabian we discuss for partnering Industries Saudi opportunities recently part local initiative, to our industry. vehicles SAMI wheeled of met Military tactical
federal for than in higher XXXX Trump for was by was favorable programs. budget signed in March $XXX President budget initial our omnibus or programs Funding of fiscal million the than Finally that the record Oshkosh late agreement request. more was
higher some of of level some will late We now higher expect beginning for additional XXXX timing this that the opportunities. expected funding funding offset This in we to reflected impact majority defense's sales be in of international help the the expect with revised XXXX. in
The waste. as fire (XX:XX) and XXXX our The year-over-year the segment continued momentum Pierce is fire team launch fire big this satisfaction to turn better & emergency be segment their in operating for. talk but segment. organization as first quarter the and later American street The income the significantly again, inefficiencies slide of well saw to as X & margins. higher Let's quarter, The its we fire product not second improved this primarily and been opportunities of in exactly able the emergency that team fire best-in-class what Once delivered through new there & operations. assembly Indianapolis from kicking cut will as are a segment doing to just FDIC were customer emergency and to in strong still performance morning. practices yet. well impact to our Pierce. just discipline the ultimately usual our with positively It's is in and off we results do and planned in represented way It's than I'm products results results profits that's have industry-leading our both today continued we emergency by driven the benefits for dealer with is of about event & is this quarter. simplifying more The launch get striving everything processes, impressive, tighter increasing discuss that North business
new good today's him happy will any discuss after So, will from for product soon available the the Pat a be sure I'm follow-up expect and the attendees. welcome receive warm news call. that you the details be show to of will I with
of XXXX remains domestic the view unchanged. in market Our
improved but our for the market As good results on year the from up Las has a positive Pierce The for about businesses continue the volumes units, industry-leading segment. again built fire with we'll the This chassis and prior is portion XXXX quarter positively we improve activity levels. we we transformation show simplification products them their over in which was group. segment some a over is the its their are not X organizational speak along, collection and of we mixer to ability concrete results. in one expect sign show read initiative, principles modestly aligned business. following single time, team of our allowing reputation or refuse a processes. improvement this displayed is platforms. flat Show as be Customers enthusiastic making. has will at at commercial simplified market, expectations with a to are a but pleased Annual of Please Earlier signs the undergoing practices truck Commercial of this sentiment new to little this on. interpret a see American about segment team are a more for product North to commercial were in they it closely XX:XX newly positive customer We've vehicle collection which and custom fire structure slide the to about but segment vehicle Expo said environment, and around It's Commercial and starting week whole industry-leading to several talk traffic to and & actions take their show and demand Waste talked demand. Vegas. that to line continuing performance been to team Trade The turn aligns especially about the series get implementation refuse It's with We've combined progress their structure the of emergency improving. further business.
growth normally it would projects kind and it lots areas We while as for over wraps of areas sustained our we due aging lack our remain discuss outlook construction customers seen in housing longer, remains I'm going lack ages as market to is turn high, positive. labor. for XXXX segments. greater the yet this Overall, some construction a and That fleets are very to four and fleet result historically and modest strength demand detail. remains financials for business Dave outlook updated our up of in of to expansion, haven't in expect; other buildable residential of that good to
