as as to Building fiscal our Good and on I'm details on you 'XX. Beth's our pleased share walk program results financial well Beth. our you, simplicity for outlook everyone. afternoon, remarks, Thank cost through and
prior me in year. with were Let our billion, start 'XX fiscal $X.X Net with sales results. line
was efforts XX.X% Non-GAAP benefited and improved partially the $XXX from was inflation overhead million productivity The compared the million, a gross and XXrd by unfavorable compared additional reminder, in volumes, an gross decrease absorption, an pricing for week. non-GAAP resulting a to $XXX throughout margin lower to As profit year offset year. due to we year, XX.X%. this was
While to improved ago, year.
Net be and to year, income and $XXX XX% older, margin Non-GAAP sales volumes, as partially business costs compared lower approximately income pricing of which efforts. year through into productivity continue million the inflation and unfavorable work million to prior compared $X.X million $XX $X.X to for interest resulting of ago gain absorption, of X.X%. our $XXX due income commodity cost operating $XXX operating to of GAAP have decrease in a million are and percentage a and EPS realized by Adjusted continued The Non-GAAP prior expense expense to was higher to expense onetime sale garden time non-GAAP simplicity $XX $XXX $X.XX, million million was only inventory. facility was of net decreased takes Other $XXX X.X% and compared lower $XXX for are which more The channel to in higher was net of majority $X.XX. a overhead cost and the ago, EPS we compared the compared XX.X%. interest was the offset in driven approximately revised a of in and benefit year Non-GAAP closures. million were million the EBITDA was year with X% to was income $XX balance year came center million million million. and SG&A in income. guidance. versus moderate, of to line million the was the non-GAAP our million by for cash $XXX a as year to at was cost was $X our net related program.
Non-GAAP the of the year, independent which part on distribution compared charges
XX for basis points of state decreased impact to tax by lower rate the due the rate. Our tax XX.X% to year blended a
was X.X% non-GAAP and diluted was XX,XXX million the earnings income administrative decreased share while loss prior $XX.X year sales $X volumes.
Non-GAAP overhead net was as quarter million. $XX XX.X% per $XXX inflation in in the due year.
Net non-GAAP to $XX a to as million XX.X% to And the week to for $X in benefiting to X.X% pricing year. million, up this absorption was $XXX million commercial quarter gross with financials and was shares was was in back was quarter million Non-GAAP gross lower share of spend more compared compared actions for prior million essentially the profit the ago. to with year. benefited shares were ago. from compared margin and from Now from year, the for line impact quarter. operating We our for year prior the versus of million, the we primarily the as margin quarter consolidated unfavorable $XX a expense.
Non-GAAP non-GAAP a compared XX% EPS for the offset a in compared operating of million $X.XX million, roughly Non-GAAP was quarter to compared And favorable X%, expense a line $X productivity turning of additional $X.X Fourth $XX.X prior outstanding income net sales million for interest additional GAAP unit SG&A per year. XX.X% $XXX and the was percentage to million than loss $X.XX.
Weighted expense and was $X.XX managing year efforts approximately sales and by the week of a ago. bought to
our segments, for demand. provide with to net Pet quarter some the insights increased fourth I'll thanks into XX% $XXX fourth Now X starting and Pet. million, of extra consumer the the week quarter sales to strong
pet for year income toys, dog health, $XX treats, double rationalization. we our mid-single digits to grew gained many non-GAAP compared service small the sales, partially brands. high across private animal, last expense share SKU bird.
Non-GAAP million, with in high total a driven ago. pet prior our purposeful animal was for Our single bird, efforts approximately and digits across by in digits, of impacted and the all Driven decline in online X.X% management, this million. number EBITDA operating exit increase by pricing, year. improved million toys private-label including aquatics pet productivity in were and grow double in low-profit years consumables couple unfavorable our to and Thanks our and the cat, of outperforming increased health, absorption. sales our Pet of equine, reflecting categories, which a in low gains Pet of coupled offset product versus most in all including by adjusted TDPs. and broadly insights, gained label points Sales and X.X% digits.
Sales lines investments growth the low digits increased pet overhead brands small category single our capabilities increased categories, We POS represent now by the share continued consumer versus was The negatively market business levels, and XX% health efforts of had and including digital, held to $XX our E-commerce operating XX% equine to build Pet animal a segment we overall market categories. innovation total and and animal over was around or drive our to distribution of record was and Moreover, of and in growth share at durables brick-and-mortar. to margin sales. dog of continue and dog growth resulted distribution, animal, small e-commerce $XX experienced which online bird aquatics categories, quarter. of our to improved continues
the controls in fourth grass to most on were of fertilizer, net Garden sales quarter, million, year and Garden Moving the live line In Garden. $XXX to except goods portfolio, for softness and Garden due seed. across prior the with
faster X purchasing mass We traffic of retailers Garden closely, grass resulted the quarter with sales continue bird, continue continue saw more seed This, extreme manage coupled year in to in business. well shift grow challenging Garden in replenishment. just-in-time market home the to the consumers inventory as declining to categories grow a online. second their in weather segment. another more wild our anchor e-commerce to for We to centers than the for in shifting foot brick-and-mortar and their garden and and share important channel as as row,
Garden due while to was compared $X small, still million investments EBITDA adjusted e-commerce improved the was decrease pricing now operating sales, ago. of profit compared million non-GAAP loss Our to X% thanks million year. X.X% of and year efforts. for approximately to and our garden represents to inflation, $X in was negative and was X% margin total digital The capabilities.
Non-GAAP million, e-commerce Garden compared operating business, productivity by operating $X prior offset partially a $XX to in
inventory fertilizer.
Depreciation compared well and turning automation were prior year-end and to on the sheet year Total year. and I'm focus a cash, extremely controls to year. with to cash aquatics, total the million million range year X.Xx quarter, the in down proud compared prior million for in no under we of invested billion, In million both of was X the the debt million in versus Inventories inventories 'XX a million had about X.Xx. $XXX line ended a wild our $XX the and We converting with $XXX provided credit had to ago. $XXX in $XX quarter and year. and $XX $XX focus prior segments.
CapEx fiscal by ratio end operations used and compared our were short-term of our what in across the flows. the year. Cash of we at cash turning was line target half for year into to was prior and of investments, on bird, cash. live cash year-end facility prior We plants Central borrowings in equivalents, operations the we at value is Now was million in below inventories and flow amortization balance including pet at by million a million, of year.
Cash expansion invested of into $XXX $XXX record year. our Thanks $X.X X.Xx ago, with year leverage to team's
accretive with Pet add recent strength core consumables pet be addition scale categories our continue in in our financial and categories our we lookout to and for the high-growth to on capabilities. margins acquisition, build companies key both adjacent to Garden Given and in and
Let touch me and on now our cost program. simplicity
multiyear a and cost we're we how journey reduce previously As simplify operate. to in communicated,
administrative of a have procurement, to areas, business We our better meaningful scale the and including of optimization portfolio logistics, number opportunity across manufacturing, costs. leverage
to drive in company. and done our in both invest and facilities. generate We which by means program lower manufacturing efficiency capabilities lower higher as fewer as We margins believe and increased more will be this better across accretive This fuel M&A fewer logistics SKUs, improved costs administrative leveraging organic procurement, expect complexity, scale reduce garden. and pet costs. costs, the to warehouse to and We seek well will through growth
so the progress Now turning far to we've different areas. in made the
First, manufacturing. in
pursue to facility. by an improvements a facility facility, outdoor consolidated Texas, manufacturing in cost cost In closure of productivity manufacturing resulted continuous improvement located we Amarillo, announced continue measuring We and moving major mindset per all cushion by centrally in by QX, a the warehousing manufacturing in unit. to line which
logistics. management corporate and planning. logistics transportation expanding Second, by our load We're for aligning and centralizing scale system
In distribution addition, we Illinois. in smaller and across solutions BUs, in how picking facilities. by internal in warehouses and we pet are technology reapplying implementing closing direct X our practices voice Moreover, standardizing operate X waste multiple to Kansas we're deploying reduce facilities best
to optimization more portfolio become products focused, Third, higher-margin consumer company. a
lines, closed low-margin exit purposeful in closing sold of December of independent center smaller We the private manufacturing 'XX, a As and distribution followed Texas label we our bedding Corsicana, facility Texas in a pet distribution in bed by business. in Athens, product our of pet 'XX. the April result facility distribution of garden
As to Garden our you than operating of income Garden represents X% this our less was net recall, and sales dilutive margin. channel
plan of distribution Garden our As Oregon to Portland, sale, facility. a the result we close
this Shoes Fortifying and capabilities simplify key digital established business. in costs ago, reduce and our strengthens their large portfolio our the and with customers and capabilities. solidifies this committed and we our Company digital category, position footprint Adding e-commerce to Natural our journey TDBBS. remain X central We weeks premium acquired enhances growing and brands multiyear on treats
We pipeline company. regular our quarterly updates and the of capabilities leverage to a deploy We'll across a progress continue scale to have projects provide our on basis.
priority to be our minimizing always, continuity operations. our disruption will As on business and
that of acquisition and grown ahead opportunity shortage that that company is of no a path, has on As the has there through intention of us. continuing
the EPS $X.XX turning outlook. for non-GAAP We fiscal to to 'XX year our better. Now currently be or expect
me some Let assumptions. provide color around our
manage challenging and and their prices customers their with environment with to consumers continuing a We in retail reining high rates, expect face inventories closely interest spending.
great we managing year. of inventory job cost of While through inventories, is the for to our high-cost a pressure has inventory. the more work is put part time done margins fiscal to higher-value existing taking The lower to team as continue on benefit some going realize
the animal dog the present Our Pet and and continue line segment business, treats and industry well, in such softer perform durables especially chews, to Conversely, to for a central. continues bird. as the in consumables small with challenge pet ownership,
retail. addition, and remain X In cautious season about Garden in we the after traffic declines continued XX years of at weather foot unfavorable
As invest $XX across required initiatives we we're to look which at segments. CapEx, most our both approximately of maintenance and million, productivity planning is
savings. and Central to innovation future to External growth relates marketing While our and as environment organic Home to long-term growth committed to enable consumer our strategy investments to in simplicity We invest the challenging. drive as continue cost our we profitable remain as it selectively remains and building well agenda, near-term brand digital to
reflects industries. an that our Pet fiscal our belief trends support of weeks, is the XX Fiscal in guidance to our back business and and additional execution the whereas team's health Garden long-term Our benefited 'XX the from 'XX week. long-term
integration we're outlook our still acquisition also from impact excludes occur always, that any recent restructuring divestitures As during early the of consumables or program. the 'XX, cost under as Simplicity including the process. It of impact pet activities any the and acquisitions, our such stages excludes fiscal project may in
We expect time. the acquisition to be over accretive
minimal will it a on However, 'XX. fiscal have impact
forward our that indicative typically not remind of Now 'XX, of quarters you smallest the as full want QX is fiscal we first year. one the look to of I quarter to and
summarize, Nevertheless, 'XX the per in $X.XX of share EPS for and generated to cash, loss year market across challenging share our non-GAAP grew range for fiscal the broadly inventories and and was a guidance, delivered quarter.
To flow to industries record revised turn $X.XX our we QX cash expect Central. Garden. 'XX Pet be We into within non-GAAP
in growth that trends the continue Industries. believe support in Garden and We fundamental Pet to long-term the
for Our with to both well questions. in like the through to the and grow that, years.
And positioned company organically acquisitions and well remains I'd open line strong coming capitalized
