Thank you. for glad Materials' Call to you afternoon. first fiscal Welcome today. our us We're be Eagle quarter could Conference with Good of that XXXX.
link please Executive click our today me Officer the Stewart, To Strategy, to will communications. are call. Development Kesler, be on presentation it Vice Joining connection Chief a with of President the go slide Craig and and Financial Bob and the to There eaglematerials.com Corporate our webcast. made access in
While these slide please made to also our refer end that covers for differ statements and note our call. which to disclosure included those statements at release. this the results risks are from the call, you're further forward-looking uncertainties discussed slides, information, accessing cause the press of is the that subject to please cautionary first disclosure during could These regarding during
top and of own. many future achieved their be their plan this Let at businesses business that addressing the is by We XXXX. publicly news into the well the positioned two separate complete to Mainly, have sufficient tough times of class of on are during size resilient quarter. This size be and independent stand in cost heavy for me the feel position respective low of half growth, mind first producer in expected calendar separation best will to companies. light our shareholders are both our in industries their through our began traded of to announced
for companies And resources allocate two and allow to it will is distinct on to on priorities. and financial structure capital and finally, and remain their business, strategic results. value best operational the the two existing growth, opportunity separation that implement deploy the each investors based tailored pure-play, focus with new profitability and give its their consistent business priorities capital of priorities, these business needs of The position strategic the its businesses will that to
the operate the cement distinct White prospects Wallboard After Gypsum producer The -only US low-cost that will US track a over will raw business producer as and a comprised of Heavy long operations Paperboard sustainable, and owned performance. results it's Materials material by Plant system largest business superior term. its future reserves. its markets Eagle's supply owning company's the of are reserves Sunbelt long-lived pure-play. material US excellent raw long separation, will Material, recycled margin as and the These financial record driven positions Heartland has Cement possess
itself as distinguished business financially levels the through as customer uniquely has cycles, business well of industry This satisfaction. achieving industry-leading
announced As path benchmark distinct the pursuing. businesses are we we is creating two
million announcements and commitment note, to related prospects. illustrating our $XXX the our that think repurchase quarter, I we is commenting of show repurchase a value We nearly worth during these creation. did also our flexibility. shares confidence financial our it their in our and without shareholder jeopardizing actions On businesses this
and I all repurchases. the on is comment share separation regarding am That to today prepared
progress. or at further about process We the will call end the our answer today questions of separation not
quarter Now to number turn a let was It respects. of results quarter. business mixed in me our the for a
fact, While this good Wallboard. businesses, into in the are success in major that effective translated we utilization report modest we're level determine Wallboard in increase and price in earnings of August call. approaching in our but will the the of only And marketplace cement. month, we early announced as price backlogs in levels This next on high quarter capacity in improvement price both some slippage
were unusually off increase X% concrete in aggregates contributions Materials and hampered from freight were operating up which Heavy X% price and weather to our to costs due particular. volume, but progression the revenues and on wet both due earnings
regional. This the more price cement very many occasions attained on quarter. clearly was discussed pleased in this exemplified have our We was the business in I with is never indeed increases regions how business in quite of In an meet those progression was except lack competitive illustration cases, of each situations. it both of price having two. we progress affected And our that in posted. the two overall to regions cement
Freight course for revenues start volume add July low pleased operating are to volumes down Like fiscal We full also with the remained year. and mixed year and were the that I might on earnings off in we logistics XX% of role. which still were our played see a XX% prices. volumes lower recognizing strong. fiscal single-digit Wallboard material this sales growth have
gas and segment to testament quick response it market under out positive oil the to cash although point our profits that pressure, talented flow has decisions in remained developments. been I management making and quarter Finally, this team
part separation this light alternatives and we are business indicated that strategic our heavy, As exploring segment announcement, have is we process of that for underway.
go me to the quarter. Craig let Now it to turn for through over financial specifics the
