Thank quarter and good our you, morning, Shelby, everyone. XXXX to Welcome third investor call.
our year and records. setting As challenge you than operations sales greater quarterly to before, know, again, succeeded, our this is profit be and once
for feel about sales reached reasons unit quarter. versus per many were up to have X%. We share were $X.XX good per quarter to the up Earnings XXXX. XX% and $X.XX this billion share Sales a record
unit a gross dollars than grew at a mix. rate faster product indicating sales our value-added Our growth, profit more
automation within and class of and cost the we of into of first our installation the efficient placed it graduated and as degreed family positions expected. nine Our program reducing school more us technology career-building USP the of and of the eight making UFP And is accelerated business companies. graduates has
$X that that missed also We disappointed corrected. profit recognize our have which happening, personally quarterly we I certain by we things areas target am are million. while many good be need operating to
increases, XXXX. to future files the during feet offset pine, orders due a to swings, contractor for market those continue pushed on several are lumber costs on delays, operations falling third impact board be improvements In QX to million the forecasted hope out the and sales of remaining products. budget. example fell trucks for continued of X,XXX pushed. reasons health such and being fulfill pushed have operations a as projects most this shortage would market, industrial variable operations targets, per order be expect we will market, our labor sales due why have and An high of negative also from with $XXX of Among quarter. and of that drivers transportation in IDX decline delays will swings, lack benefit to yellow pushed cost And primarily workers short. are IDX also in of have now products. production $XX to southern delivery meet and caused $XX increases, weather XXXX. be have to project which of forecasts times. We completions labor we to which million able While variety to are have fixed permit their approvals, overtime of Right pushed a common on and be targets. Transportation market a the $XXX price originally total and customer to sufficient cost benefit costs short operations at changing are periods. lumber insurance construction needs rapid million we in The price during peak many focus to be include exceeding and There which well some increased cost increases excess nearly of Rapid
cost a greater delays, million now the range. and year its We million. and to $X by of $X approximately we than investment quarter return them treat the like capital. sales to million in push In be of a IDX target their XXXX, hold result will operations the any for IDX’s of the IDX’s EBITDA XXXX third cost our accountable for on operating the missed profit increased for As of expect managing the $X
end the underperforming our control. other our performance within challenges future by of remain and for because correctable many I optimistic that expect the many I also are know will their of of We XXXX. facilities the improve
medical by our of the to an has savings as and expense in which our our Company part costs $X.X entirely For some example, commitment additional benefits. insurance resulted income use employee quarterly of of absorbed than tax for been compensation more million,
our we However, plans. plan beginning our creating May X, year benefit for the new cost options HSA eliminating and more PPO XXXX, our high are plan with for employees
of costs We at for rate transportation which help we has the impact and to several reduce the jobs of our help to options levels, employees for us our hard-to-fill increases believe our with preserving and rail and expect with growth and will labor eliminate enhancing and carriers. opportunities investments save And teams. still And subsidiary been contract balance outside while unexpectedly and and technology career for carriers continue and manual our money automation will both use better analyzing this Company. the our costs, high streamline internal process trucking dedicated and production in
for Deckorators plans opportunities to place as operations have underperforming opportunities solid brand. continue Among our also in growth are on. well will growth We improvement those we capitalize as
like now your sales Through the ahead product budget, to few well are has example customer for just decking Deckorators significant just quarter, which XXXX help decking, which new commitments Voyage business, brand attendees A third sales be new will our new composite are has product growth. will demand And the and to future is Expo. one we our product totaling received launched new call factors our attention million. greater $XXX.X its total on carefully the line levels Deckorators double-digit imbalance the of surface the Our be we focused of for of Voyage XX% traction XXXX effort. or Deck and by other which pricing products market I’d impacts This and improved at XXXX very than supply now lower lumber new expect on and received than The will brands. at recent is overall. Voyage typical was slip-resistant market. lumber
significantly pushed as decline of contributing factors being higher-than-optimal inventory Orders are the of levels as the this are market well at higher is inventory time desired in Our levels. sales, the year. which at to XXX.X% than
with expenses there are QX units more were estimates. opportunities SG&A in reduce believe line in On to this sold. the of percent do line, SG&A a additional leverage We as cost our
On continue the our sources call, quarter international overseas. continues. of to seek our international have for as last In efforts expanded mentioned better more sales raw increasing front, That supply. we pricing and U.S.-manufactured products sourcing our material we
so we acquisitions earn return have can like rate arena cost exceeds our maintained the we And and countries imposed on finally, US acquisition impact However, be that active we capital. some reasonable these will our going in of products, of very have a tariffs the monitoring remain new China where our focus on forward. of
plan. our year We acquisitions new products, processes, adjacent And like expand or closed are have which this in our we six markets far, continue interested which proceeding be to or core capabilities which enhance according technologies, which to capabilities acquisitions packaging. all in bring so industrial, in
like performance. to I’d Now provide Cole, turn will details it our Mike to financial who more on over
