you Mike, and thank Thank for all us. joining you,
take strategy. questions. financial performance of a for an of results key quarter, we your progress Then, the updates discussion provide call, on and will we'll overview this against our On metrics our
turn second quarter. will for the I to results Now the
Distillate, including profit products revenue across and sales our segment. We alcohol stronger industrial beverage Ingredient sales most the and and New of parts for quarter, both and gains of saw solid gross for margins white rebound improved a in expected Solutions this business results in
than growth topline whiskey operating the and declined over start our over improvements, for showed a value result, segments lagged of sales business our with aged in aged consolidated expect the this the long the to over as sales expectations. more inventory Despite of our year term confident in our the the both we for of of for Both X%.Even whiskey, remain to demand prior these remainder increased slow of as quarter X% of increase sales income significant see sales whiskey aged year the year. and in a the
difficulty transactions However, the our for we include the believe have completing there are revising of whiskey the possibility. that for to full-year by projected result, might sales all of year.As is guidance we aged our of some possibility a we close
Looking at each segment individually.
finished sales or to declined of the sales. segment million products gross to segment million $XX.X quarter $XX while slightly profit up distillery Our X.X% XX.X%
saw strong sales sales expected, are distillate a in distillate as As double-digit growth up result, year-to-date of of single-digits. we new low and this quarter new
growth. that for in This pricing American supporting continued quarter for growth our distillate and and of quarter reflects new the the multinational sales new in broad-based sales largest a remains demand reflects as both was and customers, category our This strong ever our robust strong. to and distillate rebound whiskey was national third health position
force the also pay new customers prior this expanding year once more we in investment again than incremental as added sales Our our continues during to period. off, quarter
growth for XX whiskey months the to down rates reflecting during of and is revenue year the for last aged sales continue of goods over the soft those year, brown trail our quarter of up whiskey period, prior aged category. trailing American first were total X.X% half Sales the year.Despite sustained above the
to remainder of transact are to at a sales in orders failed see expect our significant of term inherent longer highlighting strategy. over we year. whiskey implementing demand challenges increase aged in in end below the both of this the year-to-date, the the quarter, sales Several While the expectations, the
the demand As through transacting of strategy, obstacles we customers better to of and timing progress the to beginning implementation orders. the understand we are
is at some or pricing on and timely demand a solid to our customers the have we transacting consistently with or our basis. the financing, of credit Although, to achieved target, challenge which struggle poses access a above sale
the is purchases up funds, Others until absolutely have need critical. use putting had to the aged whiskey prioritize available of of
to of some as and reporting strategy Finally,we our be results believe use bargaining the that the specific quarterly try beginning may customers progress a to against public tool.
whiskey I've aged into not of for certain indicated calls, sales in were we quarters. our As prior
to will inventory its value. strategy While whiskey, aggressively continue we aged our be a executed way in long-term economic this stall will maximizes to deploy that
believe we will price and be inventory able remaining and reminder, to ages increase to increasing will our we its range continue a whiskey value customers. As the the years, subsequent of of expanding as solutions offer
our visibility improves purchase to finalized off be We group year. sales aged those our aged or back continue a remainder XX% half for to for the orders good actual whiskey throughout see already having when and year to of of diverse We're the of to of year. the whiskey a our will about start received customers for projected recorded the the sales sales of
approximately the the with trends strong projected aged year. for gives active the with of another those the in growth This half ongoing category customers back Additionally, coupled confidence of us sales. we of discussions XX% specific visibility sales solid continued are for in
this competitive clear to unique structure that is has it MGP market, provide becoming a unstructured increasingly advantage. we As
growth, its of more with as whiskey we an in the whiskey strength sell a the offers of Our along of extensive position library aged team ability future. our sales expanded size, and brands support aged to regardless
for sales margins, also premium pricing with up similar increased quarter, slightly of to goods beverage alcohol white the slightly the beverage Sales premium for margins. white increased improved X.X% industrial in improved quarter with X.X% goods of
market to future. the still margin be exist, industrial situation for compression the both hypercompetitive we of these in continue expect dynamic While this quarter, oversupply the chronic foreseeable markets in the the moderated to continue
or factors. over short-term micro declined Sales reflecting X% grains of DDG distillers dried
Our quarter first of pricing outlook continues led the pricing based environment for on to that in unchanged XXXX. to the be DDG macro lower
increased services from Revenue our we part services barrels other in aging number a growth in provide. in of customer whiskey over reflecting warehouses in warehouse XX%,
Looking over forward, aged the the from brown demand pricing. as the remainder our we to result improved whiskey of business deliver quarter as of well capturing as expect and sales performance a year, continued strong goods of delayed second
our increased with grew solutions, segment continue we across to pleased particularly ingredients X.X% textured wheat million, with product gross the of Turning will feel million We project and the a to for sales. $X while We at mix profit for of segment pricing as good $XX.X robust customer long-term XX.X% remain large or of last it be the protein improved pipeline very end product a to confident TruTex of sales growth. and loss the the to year. driver cycle about this were
increased are customer also FDA. are help see and content fiber positioned fiber by from in increasing a lowering interest suited high ideally companies consumers this carbs. diet products to trend for is Asia lower continuing Fibersym healthy in in is interest trend FiberRite approval with benefiting similar delivering develop of These seeing their the well We a following and We're healthier our offerings, growth. to products sources as dietary Fibersym with long-term while carbs. food
seek our enhanced initiatives starches in business we as consumer Overall more and benefit margins confident and commodity from Sales of our remain areas expand of the year of from business. in have the long-term which to period increased both trends continue prior to customers clean our proteins their label those our segments favorable strategy. wheat
our We to of continue aged our the for year. that outlook see adjusted confident our close we reflect pricing have encouraged for the remain possibility to the very might We difficulty demand transactions have all while of whiskey and long-term strong about we outlook. completing the sales of by and projected products
This concludes initial my remarks.
review Brandon of turn Brandon? things and key me the numbers. to Let over metrics now for Gall
