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from rate interest Fed While of of capitalized we related the year center. expect XXX rates our previous to forecasted in our and benefited points basis increase ability construction the to on still interest amount to the the calendar by debt, 'XX, of down pay increases, distribution assumptions we new pace
platform total Pegasus and believe fund improved We timing objectives other and made growth future progress earnings expand believe During investments. that are future will initiative, a track margins, inventory and in reduced levels, savings in quarter on that create our we release. the advanced our the good as Project flow, to provide we quarter, we second our many reiterated on and to operating we efficiencies, achieve introduced we call we that cash today's workstreams
Noel XX-K, which Wellness. changes basis. the the & reportable discussed and 'XX and reportable two Form & segment & Therefore, be Outdoor future remarks, with fiscal Beauty segment, beginning the recast a connection organization Health Wellness, be our into will in with operating Beauty will to & to include our Beauty will information referred being single of her segments, historical with as combined the structure segments Wellness periods' reflect Home the same in disclosures on to Pegasus Project As
quarter segment when earnings years will on fourth data comparable Additionally, quarterly a we we release, historical basis. issue provide of two our
in macroeconomic Looking consumer outlook. considerable ahead there near-term 'XX, to fiscal remains uncertainty and the
'XX factors that macroeconomic a same into sales not -- and the whether calendar can factors ability so of challenged Fed growth will that which these health compounding the as behavior and consumer, made 'XX variability dependent patterns We by of the landing. consumer challenging or factors a on wide depth to outcomes, can recession highly the persist will to could of potential uncertainty the difficult. fiscal the well continue the and expect execute and as that a recession. We length 'XX, of the of impacted make These that of potential may calendar range any drive believe the many potential soft be of forecast effect be
also headwinds number discussed, higher face fiscal increase which of expect we to which the in cost interest $XXX and in a we previously our in As to targets. million annualize distribution depreciation 'XX, new 'XX; at annual interest fiscal reinstate include: we fiscal to higher as in rates we service our expect incremental to related put expense associated center, compensation the 'XX incentive with beginning 'XX; estimates of fiscal as expense, achieve compensation expense
retailer We and more healthier do inventories costs. 'XX sales product freight from fiscal Project and sell-in lower and initiatives, Pegasus ocean patterns, sell-through expect savings and from aligned tailwinds
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to a year strategic we be may look see Pegasus we executing beyond. position under fiscal of and of growth I return 'XX headwinds, the efforts confident to 'XX initiatives we associates, to our fiscal sustained our are our will brands, investments, and some transition as as cost navigate strength growth the help and While Project am that us macroeconomic long-term rebalancing
And to turn operator it back to like for with that, would I the questions.
