introduction Chief operator. very and Shannon, who Roger of the as us to afternoon, strategic welcome Good as board. XX financial you private years thank and joined Roger, today. Lakeland leadership you, in have we're pleased Financial of for companies new brings today’s and I'm excited very start February on CFO, joining public the Officer. over him Mr. team. of Thank to our Roger and with call to
pleased week. also veteran of is announce We're procurement various our new as leadership experience performance including and outstanding in increasing extensive who in Helena industry brings a at and earlier Lakeland. Officer manufacturing Helena Chief Operating years experience Lakeland's positions, to this An, XX leadership
best the retirement. you success and Allen Allen the to and in the extend thank in joined Dillard his sincere Lakeland's like an played We has week company to integral retirement he his wish announced And this then, role all I'd since XXXX. growth who in
our growth as delivered like sales XX with to another get quarter with fiscal quarter fourth results sequential I'd Lakeland million. With net of of started. We're that, pleased
December X.X our in in acquisition from the which XXXX. include Eagle million we net As quarter we earnings Technical press closed Products, of for of our the sales release, noted
of from down XXXX. with our XXXX, were sales pre-COVID X.X% Organic This in sequentially seasonal of from consistent up X.X% QX patterns. QX but XX.X million is
long-term strategy target of concessions on that fourth of Our inventory gross quarter. mainly result margin as last quarter XX%, price our of slightly below call part targeted of we discussed as our earnings our a XX.X% was temporary
Eagle lower and some headwinds. our platform, of gross inclusion Products margins carry foreign which of The currency on
with in EBITDA I Importantly goals factors current Products and reviewed, margins for of metric. make while EBITDA target distinct aspirational gross Lakeland our wanted to margin in-line the investors than I greater remind are to long-term just is Lakeland's our already margin. margin our lower the Eagle's on Eagle this gross some than sure that and
We also continue to our make various out strategic laid calls. previous progress on initiatives in
example, made initiative progress we to reduction goods of our the during accelerate our quarter. good on finished For the inventory
through goods With and raw acquired remains teams our Finished and than products this into global an fiscal that growth reduction were increase in inventory offset acquisition said, Eagle. key as materials a committed inventory markets. to of higher we these are by shifting efforts more the for year focus
global of significant our Monterrey, facilities, particularly in on made also We facility build-out our Mexico. progress the manufacturing
will this and value high expect end most markets, our XXXX, the strategic in market in be facility we fire, communicated, half to electric fiscal higher of greatly share previously As which operational performance notably to utilities, gain second efforts benefit chemical.
a response Eagle Now, products representing our Technical progress minutes already customers. their like begun markets Lakeland's quoted has in to their Lakeland Eagle efforts few bid. team I'd gear to spend and already to They've integration NFPA the within has discussing customer a and Products. regarding made
markets. Eagle Lakeland into currently for Additionally, process their manufacturing certification of the for by teams and respective is Eagle in manufacturing products CE Design Lakeland sales
[ph]. over contract their half] product plan our years, to is X the existing next manufacturing arrangements Eagle's X [in As manufacturing bring expire to
economic some look we key balance As to current markets headwinds to year, the remain fundamentals. generally our end demonstrate although our healthy uncertainty fiscal continued and of
to States particularly activity United continued within strength oil pockets mixtures and gas the With has as turnaround demand, U.S. emerge. overall. in do of demand, pre-COVID follow and areas sector seeing of continue be their we begun pattern. solid the North turnaround We industrial XXXX not are America seasons to to strengthening The expect of softer
Turnaround be accomplish that believe year contractors they short-time extended. remain of work can this a Consequently, labor constrained, living seasons will we that the scale turnaround in frame.
and originally with here coming a than as and to the better to not about other seen great led yet return Additionally, still softness economic full was European combined in factors and European talking experiencing winter as expected expected, performance haven't headwind which we're that growth.
the Finally, China, We COVID improving will activity levels efforts. to activity pick across restrictions we up currently half that anticipate and the of beginnings of re-opening second of China industrial the following in seeing calendar within are lifting XXXX. begin
of providing I'd key upcoming overview an Now, conclude like to year. for our by strategic priorities the
company's markets, the First, with to year growth revenue as levels as we in-line well expect profitability targets. deliver core to in X X our continued
will disposables end business deviation gear can select accomplish and leverage to strategic by capture users geographic sales specific our turnout in to chemical pricing through we We where targeting of [indiscernible], the competitors. and this currently products, we held chemical believe
higher the our present, goal markets. capabilities commoditized schedule. less We our to higher investing also of global integration within Monterrey At dovetails our our and continue with start-up of manufacturing in our scheduled expect value, Eagle nicely with margin, new and facility end the products footprint, strengthening
integration Products Mexico. and Product as Technical offering Eagle it our of this focus facility our a will well both sales of additional design enhances benefits teams be of key as these product greatly year. Eagle's to reach, efforts as providing volume and geographic in acquisition Successful The new
to the products already focus in strategy A quarter. levels fiscal will We reducing commitment we into inventory our ongoing strategy shifting as XXXX. higher also alluded of markets last to. continuation on earlier, growth discussed and discussed we I reflects overall This
targeted and While recoverable. highly to be be levels, used certain pricing levers will disposables these inventory may reduce efforts
this we quarter-over-quarter current by continue to year. inventory reduction reported fiscal us through the on Based levels U.S. as will our anticipate distributors,
has continue in inorganic develop will doing new to successful allowed position, both be a XXXX. will Lakeland prioritized In maintaining key been Next, strong which fund products within equipped strategically organic has markets. so, well end to growth, be to which at financial us we and fiscal
an low luminescent or For brought our gear dependent make trim example, for smokey firefighters light or has that to innovative us reflected in batteries turnout Eagle is environments. more not visible on light
made laboratory's used compounding suit chemical positive our VOC and filter the worn sales CE a PAPR suit with respirator a Additionally, powered powered purifying by creates we've high air air first pressure received belt environments. certification the This and or suit. technology suit inflating and of in is commonly inside
filter of wear, the forced have they force. are our does sales dedicated to only important best we around continue an but to future Not supply. global Outside and worker leverage air comfort protect air the and to priorities, these tethered the discussions the aids how in not
our on to opportunities the and of integrate ability we revenue into profitability position this look Eagle gross margin product I comfortably XXXX. EBITDA explore expect above executing deliver we various to fiscal in from forward target. demonstrate categories and a As business fiscal an our targeted momentum our margin in year platform strong our on standpoint, will us long-term market level to that maintain to
of Roger to Roger? call I'll results. now financial overview provide the an pass to our