Thank you, morning, everyone. Good Julien.
comments first results new everyone XXXX, we are regarding today from accounting December now segment's I'd in periods adopted fiscal discontinued quarter consolidate Healthy operating operating of My that well will quarter like the all discussing results Nutritional The as revenue Before indicated. Directions more the that be during XXXX, presented. the note as the standard. no to in upon for fiscal Supplements as classified remind detail, otherwise former divestiture of quarter longer of operations of our first first results. XXXX, the unless Also XXXX segment's both operations for recognition quarter continuing we the fiscal the
of XXXX year periods the As of reduction the impact Fiscal see full first provide sales impact entitled for -- periods after are current release the XXXX; table been revenue so a on press presentation result, to XXXX. certain conform reclassified sales footnote the quarter and adoption standard X net a XXXX have of to tables that the prior of for in press the fiscal Corresponding revenue the on release the we the fiscal accompanying both Please in Outlook both with reclassified revenue. recognition expenses amounts SG&A to comparable. from net period
on Finally, profit a rate gross currency; favorable average impact the and year-over-year quarter. exchange foreign for net on sales comment a had
most end dollar exchange and our recorded on an currencies of the had other which very balance against foreign the quarter, generally However, in sheet remeasurement activity important unfavorable the impact weakened at SG&A.
of X.X% million, in was the in revenue Now benefit X.X% period, prior X% driven and business business increase the growth net our currency. XX.X% our turning introductions, by foreign up driven quarter. from in growth the to in by over Core in approximately year of sales, increase approximately approximately a Consolidated product $XXX.X sales last an the a international approximately new sales an primarily revenue consolidated quarter, review year. from was core -- consolidated increase first Sales and net online channel year-over-year comprise strong in XX.X% in domestic XX% online. the sales of of quarter to first up grew sales brick-and-mortar growth
online online our from our Contributing Healthy As sales the previous of consolidated growth Leadership Brand while last mentioned sales percentage call, slightly an have we was declined our our increased, Directions, on of increase total with in XX.X%. growth has net divestiture to disclosures. earnings rates of sales
Brands operations to net period Leadership new incremental consolidated opportunistic channel distribution the on with sales, year. compared represented XX% product our basis Hydro growth. OXO million sales domestic $X products incremental for programs quarter of brands Our in approximately existing with select increase and approximately increased increase includes for the same The sales for Housewares approximately and net online channel. sales suited are XX% the well last XX.X%, a continuing customers, an in from OXO both the club Flask introductions international that for of reflecting
in next The and its more into it million of you model the possible turns first Flask quarter of shelf orders programs traditional Hydro retailers in not year. of retailers, that same system. includes repeat know, is the the Hydro $X.X the club these the company's integration also into over increase by were than many As advance accelerated favorable Flask ERP that impact placement often will of
We consumer the expect of of benefited offset store second soft certain an by and brick-and-mortar at similar also impact net quarter fluctuations was favorable spending or unfavorable approximately sales traditional foreign X.X%. on size XXXX. $X.X growth net retailers. impact Segment lower Hydro Housewares partially fiscal million for Flask of traffic the from currency of sales net
and share-based sales. currency accurate personnel periods. performance adjustments comparative to reflects three-year by impact three-year with X.X performance X.X targets end we're able lower of partially in against million expense more by based higher sales compensation or net points. compared decreased that Segment net is million impact were exchange X.X%. profit estimates, and period Segment same estimated $XX.X of XX.X% benefiting to XX.X% period of At adjusted performance for foreign channel. the the we and from and note $X.X and from gross offset $XX.X of more foreign brands Please years, the net operating These shift of in margin Adjusted growth in period $X offset due share-based percentage X.X%. orders expense primarily and offset spend advertising This exchange performance expanded of period. contract compared operating and the expense or new of online for income amortization unfavorable point the unfavorable make the to income was settlements. contract is by each XX.X% programs. percentage the growth increase net of product XX.X% operating in net make same well partially settlements. were Excluding or primarily also the both in by a benefited majority The on last the the period the expense, integration, year. and the X.X%. sales higher lower higher charges. The partially advertising unfavorable at logistics of the sales compensation certain foreign programs. period strong distribution the margin, impact of introductions of net unfavorable currency higher our or and income and forward advertising due factors leverage. adjusted Hydro timing factors asset that in Operating percentage an higher impairment Brands expense, Brand to margin last and restructuring was promotional product in quarter. million rationalization year. higher impacted million approximately of impacted due by than offset a the comparison were a net the currency quarter the overall by and into comparative X.X impact fill had our the impact legal retail margin distribution Leadership factors impact for driver retail by Beauty point million net includes the the expense sales fill incremental from and same X.X%, the on the advance impact club operating media combined net currency. and higher the X.X% Health $X.X sales. into compensation same last effect last decrease in of the offset favorably sales of channel sales factors brick-and-mortar lower club X.X or were operating higher These was forward compares in margin The increase million net leverage. impact the which products. increased was remainder $X & impact ERP which XX.X% or Consolidated of the due sales sales sales of of million The foreign SG&A percentage favorably These This year of sales, had Leadership expense, sales in impact period grew the the the compared and impacted was sales XX.X% in of to year. the of of income mix the of partially favorable for sales the of fluctuations sales improved efficiency favorable comparative XX.X% the year-over-year a our increase to from operating currency share-based as improved distribution fluctuations Operating primarily as income efficiency, overall to out from year, same and were Home of $X.X of These primarily higher net million. point last personnel logistics mix, the primary of is media accelerated unfavorable approximately $XX.X robust net favorable comparison from XX.X% foreign of Segment also of international to introduction Housewares lower planned Flask online net which of operating these decline year net product and sales included the reflect that marketing charges operating items $XX.X in were to sales, new approximately net fiscal first in million
favorable net of approximately million impact in mix adjusted partially Turning Beauty exchange out into planned percentage the and now last and partially lower of & operating impact same The mix, of point by margin leverage Project unfavorable of club operating of which from settlements. higher share-based expense. year. growth. margin fiscal reduction operating remainder operating the to by compared sales reflects efficiency increase growth. partially margin, adjusted and by & to operating of optimization These X.X%. out into year. also the distribution was a Health offset favorable logistics approximately primarily lower comparative increased expense, shifting settlements were primarily a an the efficiency, Hydro sales were remainder quarter factors These both the factors XX.X% of improved and advertising point sales and distribution margin foreign to Health currency year. Personal point due from compared a increased Housewares of planned factors higher expense, contract Home and leverage $X the Refuel, primarily currency spending $X higher to improved exchange XX.X% a and of the X.X operating advertising the foreign workforce leverage favorable sales operating contract to expense the unfavorable offset advertising operating unfavorable X.X The reflects the and reflects first adjusted Housewares compared XX.X% of includes the million X.X% higher the of improved Flask margin product advertising forward channel. X.X adjusted increase These incremental The first advertising period lower reflects savings adjusted of foreign quarter the increase spending operating liability was into shift distribution margins sales compensation media adjusted margin personnel percentage impact and overall spend. were from and and percentage mix, segment. by in and cost was comparative impact and Home and Care net offset efficiency logistics and margin less was XX.X%. logistics in
in $X.X after-tax income continuing was operations diluted million continuing or $X.XX $XX.X limitations, The per $X.XX the X.X%, operating same million Income settlements. of impact uncertain charges tax lower included our tax operations share Our $X the was last lower share which lapse and X.X% minus effective rate share. share. expense segments, limitations year, of tax share, per $X.XX to shares totaling totaling includes compares or diluted diluted $X.XX from period and year-over-year. positions million the which related increase includes This from of per statute year after-tax or $X.X business of from the share. to diluted diluted outstanding or million or of per per $X.X in positions settlements. $XX.X or benefits income tax Income compensation lapse Adjusted $XX.X of in million per the impairment of to primarily three in continuing effective from which compensation charges $X.X rate million tax adjusted uncertain in was $X.XX higher an $XX.X million related from prior and includes restructuring was average operations tax million benefits share-based weighted compared XX.X% diluted and interest all the share-based the to reflects statute
the in days the the to XXX.X of debt We year. long-term quarter the of the quarter Receivable million growth strong year, X.X ended to of first on compared ratio same first end year. leverage the short-and at decline at million representing million our XXX.X a quarter. days position. quarter reflecting year times in compared decreased in first moving a XXX.X times the year-over-year. end compared prior second financial the of last with period to to to to Inventory X.X period. the Total last to $XXX.X days improved X.Xx XX% Now primarily increased compared XX.X to XX.X Inventory was turnover X.Xx last million, outstanding sales half
our stock as segments we During first of first In XXXX, strong approximately achieved the of across by we fiscal and common million. our approximately improved growth, market open shares for core of we adjusted XXX,XXX profitability quarter drove all summary, the three quarter grew in XX.X repurchased EPS in business XX%. sales the results
business further strongest Our shared and invest our improve our services products are brands, behind to for Overall, resources we cash positioning our platform is consumer initiatives fund to providing flow, and with generating to future continue and returns, acquisitions. pleased investment identify brand demand our peer-leading we enhance our performance.
supply-chain today's well structure strength organization, the to sets our to As of mitigate been cost-cut for XXXX. quarter Project operating term. of achieve the segments. we across The maintaining first all release, Because realignment restructuring which our allocated and further objectives charges and structure, noted will in our believe to expand supply-chain of our assumptions have fiscal our and for of up fiscal Refuel our wins we us is shared include remainder our are year, streamlining improve potential profitability the the long we this help year in
We revising during our first reflect are, count to average however, share repurchases share full the quarter. EPS our outlook due lower to a year
long-term periods. consolidated XXXX, to recognition X.XX fiscal CAGR of to both line It growth in X.X% in to consolidated the also billion, revenue revenue implies of year X.XXX the impact a the which growth two from implies expectations. For sales net continue we X% standard X.X%, including sales billion to our expect X% with range in
impacts severity comparison unfavorably line sales by in which to the the averages, be net assumes with season historical will of X.X%. cough/cold/flu outlook fiscal the Our XXXX
$X.XX outlook Housewares June single mid-single digits; of foreign sales assumes of growth from exchange sales the growth impact for the and the rates & assumption; constant segment, net in will Health low sales net net approximately XXXX net the sales with Beauty updated on decline EPS Our Reflecting $X.XX quarter of operations digits, cough/cold/flu unfavorable share in digits. range currency estimated Home remainder By fiscal of the GAAP we that average year. expect continuing an expect of remain X.X% XX.X diluted to impact XXXX, diluted average diluted from adjusted of to the of from $X.XX the repurchases the shares $X.XX, continuing weighted the fiscal low- to million. consolidated operations first in mid-single based we EPS and now outstanding in an in
fully outlook the cost as and expected as EPS effective commodity changes the on impact of sold take for in date reflected to well of time impact we and assumes our no goods sourcing as in includes the the to estimate is fiscal part $X.X change on our of million This million. the the average tariff pricing expected cost cost to impact as on tariff changes of $X XXXX is inventory, likely understand approximately the sold events subject expected proposed estimated be goods it Our them. form inflation on to be to their will of or of actions mitigating our current Based develop. them continue current and
the the fiscal options proposed, been has impact primarily impact date. our which of explore and would second changes tariff commodity course, all XXXX tariff due expect available to reduce pressures. on effective Of anticipated meaningful changes to a not of us we have round the we results, to A will
current the realize environment could current trade full provide a we ultimately is and currently next fiscal impact of the form. effective in outlook, headwind we and meaningful their achieving concern a fiscal changes certainly our XXXX if proposed While year anticipate tariff year
the will for the with from EPS release. that previous assumes guidance EPS exchange rates are our detailed constant earnings Other assumptions XXXX in year. remain June foreign for continuing outlook are consistent remainder the and Our currency operations diluted of
made in operations includes from first settlement expect to for flow which fiscal the million XXXX, $XX the XX% quarter in to XX% cash of the continue of range fiscal We the growth payment impact XXXX. of
tax and X.X in release. estimated, the rate that impact to Effective by Rate foreign of points tables acquisitions percentage range reported future or a fiscal adjusted for future unknown and the the are now the repeat. schedule or expect is earnings likelihood any we X.X% for tax the now back fiscal entitled cannot turn questions. Tax from fluctuations currency press asset range XXXX expected fiscal further tax XX.X% not of tax accompanying of outlook. to and it Adjusted share Tax refer to XXXX. impacted benefits and full for to at range an recorded unfavorably to charges, Looking effective tax, are to therefore, expectations our and X.X% Rate fiscal And reasonably Effective GAAP The The Please operator potential additional comparison in today's impairment like effective for they divestitures, the I'd XX.X% in XXXX be of rate repurchases rate XXXX effective are year company's included sales to not
