Thank you. It's with to everyone. good be
all the our bring over Before quarter, continuing intensity to thank members I to team going tremendous to want for GameStop's and focus mission.
customer-first We new continue on to taking areas. we work our see corporate as this key a stores, and fulfillment emphasis offices. to remain Maintaining culture centers grow and throughout categories will customer the hold across
quarter, accelerating on the the we improving and selection, experience. speeds our customer expanding delivery focused During
to We technology. context where and and With relative of XXXX. gaming. term what exploring been are infrastructure, larger a also We the X.X Web blockchain, in also positioning this much opportunities note. believe We've will us long-term in mind, few emerging made long our on build recent NFTs to become here is emphasis a initiatives talent investments we ultimately our in are in business,
new growing our with catalog across We categories continued PC by products and electronics, other adding gaming consumer significant markets. addressable
few. to brand growth a relationships Samsung, expanded LG, include to name drive with attributable Razer, new brands expanded and quarter. Some in and the Logitech ASUS, new helped of just established we've to relationships Vizio, the and Sales these
supply respect hiring, in specialists organization, merchandise PC across talent U.S. including new we an and We of kept chain. e-commerce, blockchain, our including of to within adding With XX% approximately implementing stores, operations UX, experience also began locations. across UI, with gaming assortment strategies the expansion
of top of course have hires companies. we senior the technology the from XXX more XXXX, made than some Over
attract orders us teams to Boston, office while within us from and with strong identified we retain Pennsylvania. tech-focused other new started footprints York, also local expertise in We shipping Shifting gears two with have Having in and will talent from e-commerce recently Seattle in help hubs Reno, Nevada, office location cities and our markets. shipments positioning an increasing fulfillment added network, a these tech in areas.
Our across us to network U.S. expanded is help shipping improve to continuing times customers the
to a Additionally, part we be at our operation. up recently care of in customer now customer will hire Florida. a care is new XXX announced The key facility, U.S.-based our to plan South which facility associates operational, new
by for flexibility. million lighter liquidity further we The borrowing closed securing position $XXX terms. facility our and which a reduced ABL November strengthened new financial and covenants costs, improved Lastly, facility, in provides early and includes more
to under compared turn increased just during quarter. $X billion our billion same the results Net over financial to $X.X now me sales for Let just in XX.X% the period to XXXX.
transformation, net a year prior quarter. or in $XX.X We quarter. As $XXX.X long-term net indicated to compared XX.X% primary sales last assess year's in million period. or were loss third million the per of There per $X.XX the share a costs loss $XXX.X no share of diluted or diluted $X.XX loss onetime related during growth of reported sales transaction million our or or by SG&A is to $XXX.X million third compared should of revenue believe of XX.X% metric we was execution. the stockholders the in past, which
year. of quarter nearly cash third we cash with $X.X Turning of the than equivalents over last billion $X and balance to quarter end ended the the sheet, the billion, higher
the of issues. demand of last ABL grew under anticipate we year. the chain, no the In and our period global million. a supply At sizable even We our order borrowings as million while we of full the end tight to the inventory to drive inventory our close in as amidst the supply to front-loading from infrastructure compared response maintain We and increase cash mitigate government's sales unsecured the outflow position, investments quarter at billion were CapEx low-interest, the of to investments meet had with quarter, million the demand facility we year's chain the cash the year-to-date million. quarter, continue continue $XXX quarter million pragmatic French third liabilities compared will for heightened COVID-XX. to of of quarter, expenditures no to last and and tech. to $XX.X quarter. debt other meet close $XX.X bringing $XXX.X were the during a Capital $XXX.X year than loan third make outflow down Total million, term an in third to with CapEx an associated customer operations of $X.XX million growth the prior to $XX.X to compared flow $XXX.X In same of impact
we're providing our In outlook, time. formal guidance not terms of at this
go-forward operating philosophy. Before to points key wrapping do some up, I our quickly want about reinforce
significant the to from our experience and and time. over flows growth market team's will cash is revenue greater Our scale We and scale free there, will from revenue leadership. e-commerce stems market that emphasis leadership And top-line leadership to critical. growth on believe believe translate translate
it on focus the over there for margins. leadership continuously Our prioritize short-term term and I'll long growth will this we means market leave quarter.
stockholders, from the who best Thank and appreciate all customers, support believe world. employees, in the we you. are the we always, and As our enthusiasm
