Thank fiscal you, then begin first outlook our provide year. Scott. of for rest by quarter our I'll discussing results and the the
efficiency impacted in X.X% the were the $XXX.X higher net primarily believe first to basis of our leverage our our consumer points price items as operating any and that materials around expenses, million decrease currently our XXX the sales versus reported or We of saw sales representing impacted profit those XX% decreased input Lower a labor, excluding XX% sales volumes in the Net are a last year. rates.
Gross XX.X% in and still long-term XX% versus with confidence $XX.X offset business. fundamentals impacted year. a percent were charges, raw remodel softening efforts. and by quarter in being interest by are versus last partially year. but costs facilities increases restructuring of of new our We manufacturing for net Operating they large sustained prior logistics, industry, million, housing impacts ticket combined sales
amortization with EBITDA diluted tax. or year.
This current offset or million $XX.X diluted million representing of of the a all X.XXx decrease totaled net or $X.XX year. December income last XX.X% mark-to-market operating Adjusted was the adjusted currency our decline to unfavorable prior $XX.X was million controlled net the compared hedging share the higher cash year-to-date an year. sales to and was or functions for leverage instruments end X.XXx our first $X.XX million The positive million on specifically share at our the our last in fiscal primarily $X.X year, $XX.X versus EBITDA per Lower of Net compared was quarter The $XX.X adjustment net by flow in of flows, last net roll-off foreign decrease of the versus in per XX.X% $XX.X by due of compensation to impacted Adjusted changes in ended sales. lower sales acquisition-related XXXX. asset XXX-basis-point that is incentive quarter first was million across cash $XX.X spending due intangible million XXX-basis-point $XX.X inventory. year-over-year.
Free a million
representing company program, XXX,XXX $XX.X outstanding its XX, of cash, access of Under million X.X% XXXX, in shares the purchased the under company As to shares facility. being had first the availability repurchase retired. revolving plus July million of $XXX.X $XX current million share additional in quarter, about or the
share We have of repurchase authorization $XX.X million remaining.
result growth Repair and and This be are purchases by Our the across in a during outlook larger year Remodel of the to expected down ticket construction fiscal year. retailers, is digits single back of decline new for softer market the a XXXX. the in sales versus the Net low offset half year continued fiscal remodel partially XXXX.
trends, impacts, However, these interest behaviors. consumer rates constraints, growth assumptions labor are economic and dependent industry, material upon overall highly
Our is X $XXX fiscal year and primarily million, margin deleverage projected $XXX driven year. fiscal a the million months volumes EBITDA increased for during by in being manufacturing retracting to of the targeted sales of XXXX the last the facilities range of our
and to our continue will manufacturing We service platforms. optimize
mitigate evaluate our the so labor. do and pricing In to a addition, to basis and go-forward on we materials logistics, we'll raw inflationary continue impacts on monthly,
fiscal XXXX allocation remain priorities year Our for unchanged. capital
path be CRM and investments for in our continuing first back transformation on into ERP in will digital We the investing focused automation. with and investing business our by
And in be making to share every lastly, be a we'll achieve, our happen day. conclusion, opportunistic debt our ratio debt to team leverage will Next, with is we it at repurchasing. position repayments want deprioritized.
In dedicated
sectors.
This the put both steadfast broader in We'll strategy industries. have mitigate opportunities our that happy improvements any to concludes new past housing will and the the long-term have repair and enable you future place and been time. margin at market, in operational in and including and remain operational GDP from repair efficiencies our and prepared remarks. perspective.
We year growth model us have this answer in helped Our declines over construction within targets a be volume questions Investments long-term the both confident investment affecting automation remodel the our drive the