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third allocation multi-pronged value. capital strategy quarter, to execute shareholder the we our During maximize to continue
believe At highly XX-year biggest Co., the acquired the one-stop great is wear old should Steel machining The a our in company. quarter. We hardened fit and heat and a Kinetic brand growing recognizable Steel into knives end known that the Kinetic a treating. Wisconsin-based as Kinetic Manufacturing Before the our and a we regarded It tissue, name jump we of segment discuss and industrial numbers, metals for of products for Inc., of production in-house Manufacturing segment. shop wood is June, event industries. the is the grinding, within
to compared prior to $XX segment million as the we compared X.X% which in customer to year quarter. Retail to primarily segment Manufacturing sales in of and Total XX% Now segment million $XX.X and inflationary primarily down is demand The increased Other as decreased to year Retail due increased revenue a quarter as Manufacturing segments, Flooring the discuss prior revenue the prices to $XX.X as million $XX.X reduced decreased revenue for Steel for period, to Corporate prior due decrease rising million prior in third to from result reduced period. demand. $XX the compared primarily revenue revenue partially was the to Flooring in results revenue by $XX.X slightly year to offset $XX.X period. decreased million and $XX.X financial in X% year XX.X% period. the as compared due segments. increased will million costs. the resulting The in million Steel the Revenue to third in the increase factors. decreased million was
from of decreases in million costs becoming $XX.X is increase The was prior segments margin Retail a decreased as material the June period. a pressures. corporate for Operating sales segment decrease is decreased including $XX.X Diluted to to of of in prior gains X.X% $X.X raw compared million Salomon and period. settlement General quarter administrative months year entity third $X.X XX, to gain margin and compared June months of XX.X% margin which $X.X quarter, million to income to to the as months period. prior to program costs. The ended expenses X.X% XXXX. is due expenses associated XX, primarily as with to $X.X XX.X% from to XX.X% or period. material million year year The in the variable period. $X.X The ended segments $X.X decreased in in $X profit of prior the EBITDA year the prior million to or the The period. the the profit gross as segments share, costs, compared the year on three due and XX.X% was in approximately profit three June ended million decrease due of the XXXX in inflationary primarily EBITDA compensation to year margin gross is were for in X.X% of in in due earnings approximately of income the is for third primarily adjusted compared debts to period. Net the million compared the decrease prior third approximately to prior The XX% of as from inflationary to been in margin Adjusted decrease compared other $X.XX prior XX.X% Sales XX% $X.X costs. XX.X% decreased the down loan decreased decrease for year cost Gross for EBITDA decrease $XX.X $X.X the increased company million and decreased XX.X% million as prior quarter of to percentage Whitney by prior gross expenses third the period. the due primarily XXXX XX, to year compared compared costs, profit percent reconciliation the attributable a increased marketing year year of in The the Flooring increase gross million for acquisition Steel the year as XX.X% employee XX-Q. period. period. primarily XX.X% interest the was release year an year revenue to variable in legal as the license million of marketing in with revenue a which The the revenue as Sales resulted to increases revenues as General partially our was XX.X% as as to to Kinetic. compared expenses The quarter expenses slightly resulting the XX.X% offset due the X.X% protection primarily from and increase for Finally, $X.X pressures, provided to of as million, to to administrative The raw percentage revenue compared revenue EPS prior on decreased by to the gross compared current in and payroll consolidating decrease the fiscal million in XXXX percentage in in prior has a XXXX quarter for taxes in prices a resulting period. per the XXXX, and increased forgiveness. three in were pressures. period. inflationary were
XX, of nine operations $XX $XX.X financing during primarily in approximately September September net Cash of million million primarily quarter nine inflationary flows combined of of due Turning the with nine with our for to Total quarter ended various is or The to June revolver at increased acquisition due million. increase material. decrease associated liquidity. to million lines XX, million of from compared $XX was for for notes by increase months primarily from liquidity capital to and the XXXX. was borrowings XX, of and the and ended availability $XX ended of company months provided compared from pressures was inventory as increased was and to assets approximately for raw We million operations third as as Kinetic XXXX XX.X% million primarily purchases to the Net under provided cash to assets XXXX. million ended of provided of cash which million cash million XX, the an as of net by $X.X cash June months $XX.X Working XXXX. June of the $XX.X under the end due to credit compared approximately acquisition total issuance proceeds on $XXX.X activities $XXX.X million XX, payable, as $XX.X of received the loans XXXX, Kinetic. $XX.X inventory. The
As from stockholders. our to we repurchases part We share our believe time may for stock repurchases capital do strategy, of our allocation time. long-term value represent
As previously common plan disclosed, XX stock million in the company repurchase XXXX. announced a
this under approximately stock repurchased an common its at XX,XXX During of have price per we XXX,XXX average for we average $X.X $XX.XX approximately shares company common of per of the repurchased share. of stock share. approximately XX,XXX of The price stock, Year-to-date, $XX.XX quarter, million an shares has shares common repurchased program.
this XX, conference June call. while our approximately company environment repurchases shareholders. long-term navigate $X.X take program. returns had ability conclusion, and available for about the challenging, of optimistic remains the you please business on questions. for our the those current the now questions drive from environment line As In to Operator, we of million We'll open for the remain under
