to fourth to happy XXXX. discuss Thank our for today. the and morning financial today good call to be the quarter here on you, full I'm year results Gerry everyone and
our the begin, year for backdrop to with you wrap of very macroeconomic As focus the remaining business increasingly was environment. entire realign to complicated I'd we thank and as I team during what market a difficult an like say the
full about staying on the growth. navigating ODP The while by and excited an supply pursue We're fully structure assets for constraints. long-term potential incredible new at XB did inflation realizing opportunities chain our of greater value the positioning we effects profitable and unleashing focused and team highlighted Investor our more high of through our job Day to customers our
to team and to a accomplishments, our strong and is a operational of the team clear culture. has year excellence Our that demonstration up from commitment live world-class XC this continued our
environment the the Gerry, the to heard cost inflation along costs our numerous increases input other average mid-single-digit with baskets, sold during overall of you Rising business. challenges caused related year. macroeconomic our from to goods via were product the As to
constrained freight chain up continuing fivefold. with exhibiting XX% prices more up fuel container and costly. volatility be ocean with Diesel scarce operations remain costs and significant spot labor Supply than costs to
However, years, past with our made the along position low-cost in several over have we we the some with model investments these flexible that infrastructure of strong our pricing and help strategies, a to mitigate challenges. in remain
utilize global some office our and We private broader to help offset the chain supply sourcing of fleet challenges.
While we saw pressures to building early, of we our closely manage some pricing the effects flexible of inventory offset and inflation. discipline used help
We to short-term competitive moving costs, also carefully continuing utilizing while manage us labor incentives remain give to forward. flexibility
Our made from remain note I the testament execute the a would chain have investments to the standpoint although challenging. of is is, and strength conditions a back improved and our ability that continues the the to challenging have of foundation. this core supply we years half environment some environment year, to in a over the navigate in
conditions persist signs that manage to these while some we expect the in said, will of continue abating, constraints see the we mitigate certain some near are strong accordingly. position to a are That in And we that challenges and term.
cover week XXXX. I that our out would the like highlights quarterly I in results and the the include of positive year, financial XXrd As and to point quarter for yearly our impact
years, and X X XX-week accounted every retail to but X-X-X a calendar, causing our X-week fits with X a on year-over-year period. our comparisons. many months traditional some As a Typically, based year, there year, this is meaning in with cycle distortions companies into to reporting of for the are on is week an extra period a component,
This will the the which positive of week, past year had and positive the XXXX, reporting cadence calendar. impact of in reset we XXrd impact the
income a our division. receive It did the we extra that worth primarily operating is we the week noting the ODP related revenue in to prior year and in fiscal Solutions did and XXXX begin Business Depot year. While to benefit Office
during with week the relatively a financial cover demand. lower point related XXrd week our as I to On I results. the impacts out will XXth December,
a results adjusted our of financial provided on highlights previous shown the XX to basis. on quarters, Slide turning as and our both we with Now results consistent have GAAP
to Turning QX was sales of activity remains XXrd of stronger and fourth approximately specifics return generated in of versus office last in to primarily to billion trends This by of the week total $X.X $XXX as million. ODP our strong year. favorable driven This results, and impact Business up the the we the the Solutions quarter. business amount X% included related revenue quarter,
Much of last lower in to business last to stores by products Office lower in coupled partly sales the compared lower our this in demand, was sales previously comparable in later service of offset lower XX and Depot pandemic. high consumer with for sales due e-commerce fewer traffic year year the stages
impact million the charges, a of net million impairment, income income X $XX with week quarter in the income $X associated use the operating remaining restructuring million Operating as consisting our restructuring BXB reviewed primarily associated asset operating to and realignment the million we of $XX $XX was to activities million related of the non-cash by program. of costs, of maximize was other associated $XX million, costs store operating GAAP related favorable up year. the with in from included related to activities with last included of reversal XXrd of right about assets $X our restructuring the amount million also locations offset
Excluding and of includes these $XX million This year. the were $XX depreciation in and million, expense $XX the XXXX amortization adjusted $XX XXXX for and EBITDA corporate fourth Adjusted quarter in respectively. $XX for fourth to income million up last last quarter. $XX expenses QX million year's Unallocated million million. adjusted compared was $XX million operating from items, our of quarter of
held building depreciation mention $X.X cumulative of our slightly million. headquarters fiscal XXXX reclassification of has been as also approximately that a of overall lower the would is reduction sale. I the for an The result amount as asset
the tax net the quarter for from $X.XX after $X.XX per mentioned per period. prior to fourth was the items year or diluted impact income $XX share adjusted share adjusted compared net or in $XX million Excluding diluted the of earlier, income million
deliver of a some working flow to a cash which our about of cash quarter, inventory items flow the year. the to first flow, half, to helping took strong cash pressures last $XX compares spend. driving cash Seeing $XXX included we flow cash year. did and managing to close in quarter. operating the terrific million on eye $XX of Turning we out This capital job generated in In levels, in flow restructuring million other keen operating team and in the the other million
transformation, the offset the prior were million to expenditures $XX Capital period, our in division. growth investments million compared our capabilities, lower retail CapEx digital targeted in partially distribution in quarter by year $XX in e-commerce network reflected and
charges proud cash approximately $X a realignment Adjusted million, previous company's of $XX million faced, say about year. operational the for with our testament of over can't flow past was focus. $XXX the flow given and the restructuring the I from million associated increase quarter enough team in macroeconomic driving Adjusting of year, cash cash challenges free all which a am significant we our I in plans. for the how is, true
Now turning key of measures. I've performance some to Slide XX, the highlighted
to as macroeconomic year. against totaled much more Total $X.X I for we our backdrop the flat sales company ranges impact guidance earlier. includes billion year demanding For week, with mentioned This results the XXXX, for meeting prior full year. a related impressive the the XXrd the year delivered the
office consumer was Stronger to by a largely sales segment, traffic, drive Lower lower the and year trends store our in BXB year. our activity smaller to last relative This back to in sales. throughout sales picked as footprint our activity throughout Consumer e-commerce the slightly year business lower as helped business due offset generated weaker performance. was Business to up and increase
continued includes our result to result million Strong recorded This of helped our million our this related drive low-cost OpEx impact a investment It reflected result. related a to year $XXX approach operating favorable week. income from model worth we As on and GAAP is both and XXrd results mentioning the last also year CapEx of year. to operating of the to top commitment this full compared also basis, $XXX that Varis. income impact peak included
operating excluding was given of million to tax prior adjusted after million, operations EBITDA adjusted per last challenging was $XXX business results or conditions continuing with or year from income $XXX share $XXX net income impact million compared the year adjusted $XXX $X.XX $X.XX Full million XXXX million the period. share, year solid earlier, the in mentioned items per the compared from to $XXX
restructuring cash in free provided million other cash regarding costs year, which of with in cash and was targeted $XXX flow $XX flow XXXX. our cash generated $XXX transformation BXB adjusted at digital Finally, activities operating e-commerce capabilities. activities associated million total, we of CapEx separation the platform in our by $XX costs. largely million and included In for million XXXX
in the the XXXX. half tremendous free adjusted over half costs just we the at our effort how We flow second million of year. half cash our for usage inflation. and and in million first and highlights a of Looking back cash team to comparing much delivered million overall where free second target year flow of $XXX It half XXXX. our fourth cash supply made flow meet chain versus A over quarter $XXX as adjusted first $XXX the improvement and address was the higher
performance manage the As we to strong strategies our inventory pricing half navigated conversion all to the key the year, cash second across and we promotions balanced metrics. levels, implemented drive led our of
quarter $X $XX This year. XXrd of a of QX, revenue improving trends in I like up QX Solutions starting cover further generating week million. Now would to deliver XX% XX. continues ODP gain unit to performance the Slide with business return last over to relative the in did to the on office related to ODP Business our just results benefit include Solutions as traction of billion about Business over
contract business, all our & our Grand Canada year-over-year and strong core business Our growth. Toy delivered Federation Companies in
As more and us year, this our distribution Companies the the effective allowing customer we have strategy expanding tuck-in underserved in including executing regional reach reminder, Federation are over years our acquisition past acquisitions, a been previously few markets. a
breakroom and and a demand as saw Jan/San categories well From cleaning including product supplies as board core our for services standpoint, and adjacency copy we for workspaces across stronger services. the print and
XX%. product a a Business remained at KPI adjacency as total for Our categories percentage revenue, Solutions of ODP
value toggle but is percentage our as leverage strength expand while long-term from categories. also absolute grow may to our continuing to in we and quarter-to-quarter, proposition this objective percentage This our core and consistently dollars
million up meeting Investor Solutions as Day Business during than and XXXX, progress quarter, fiscal of levels beyond. $XX great pre-COVID year. to year generating back this compared be to margins heard quarter, expect They and you as EBITDA flat operating real For to is XXXX its path the our ODP and income we double drive in more made the a slightly on to last to percentage throughout
and represents week. of discipline operations XXX sales inflationary core results. sales. pressures XXrd of Strong points to million pricing strong and supplies $X the basis favorable positioned a benefit mitigate drive to to This helped This about us included these margin a improvement as efficient of related percentage and a
started and reviews to us add continuing in way. line identify XXXX that work utilizing in demands approach driven I efficient most customer in data business, opportunities would the margin of has our customer early helped the meet contracts while the we performing level
and partially small retail to quarter value consumer our fewer its to year Reported continued Consumer driven $X.X shown traffic. down business turning planned excellent results as Depot as last as on to office service store X% revenues Office a Now by store Division education well XX, to this Consumer our in provide strong stores proposition the in Slide to service were and XX Division lower versus closures home related year customers. billion,
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by in $XX closed the benefited just quarter, we week. Additionally, quarter Sales under XX from results in approximately stores XXrd with stores ending the service. the million X,XXX
as is volumes, conversion demand of pandemic the higher well offsetting in previously a order average lower strong in sales to the contributed of year-over-year partially Lower and example categories per increase the cleaning the product products rates shopper. high A in and quarter during as certain tech, demand sales for was traffic lower leading this same-store to window good revenues.
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to success with presence in satisfaction basis strong to promoter customer quarter. Supporting the BOPIS omnichannel sales retail happy drive that our continues the guarantee, continued which with same-store grow report above are We on our scores to a XX%. is net our strong pickup XX-minute
quarter million operating and in despite inflationary the traffic last generated driven We costs operating income solid higher an cost. of supply the we operating primarily to year income and quarter was operating higher input in lower continued compared perspective, last performance year. the to and $XX inflation. margin deliver related million compared sales $XX chain to Lower From to by lower
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XXXX, improvement of results. comps comparative focusing the negative a 'XX same-store X% over we're sales For basis, on X% on a which range in fiscal delivering negative is slight
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the equivalents lending Now facility. liquidity briefly approximately under availability of and cash million. approximately our million Slide cash $XXX quarter balance was with the Total to XX, $X.X ended we turning and $XXX total quarter in sheet the $XXX billion, in on consisting our of debt asset-based million of end at
about buying billion November, Next, aggressively QX been place $X we and under as share we plan have and $XXX $XXX the shares approximately million our in approximately we put we in million. for quarter. this in In shares new the repurchased million about buyback back shares new a to activity fourth prior announced for our plan, million. we under retired authorization, Adding X.X X.X
we upcoming of shares ASR settlement includes which our number of higher a XX-K, final QX. share slightly purchased the notice in You'll our in program
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in community, be investor X-K. GAAP this and analyst our structure historical we release we will an support information help to upcoming our weeks addition the under financials In under to furnishing the XBU plan
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our extremely drove well results and strong executed in In initiatives XXXX. summary, we've across strategic
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turn I for operator, over will that, with questions. it And
