Thanks, XX:XX Bryan.
twenty two. quarter five eight to point increased fifty the twenty four for third Turning four fiscal million to Total twenty slide percent dollars seven. revenue of
as to three growth compared our thirty due a businesses. which the percent nine international equipment We comp and the prior this prior generated was four consistent service growth XX:XX Our respectively prior tougher percent point in year. by didn't business to agriculture Our parts strength business point four and increased versus nine increasing much six point much percent from driven quarter, and year, see year period.
conditions. XX:XX our a service less a fleet one and our one to and Dakota rental compared to drought segment parts the seven five our one Helping smaller inventory were in stores to in in to in seven the dollar Rental factors to point current year. percent our improved versus Dakota South decreased two the the of Arizona. XX:XX locations this last The activity point a to North eight, seven offset construction January construction five in quarter thirty dollars. revenue these point helped We nicely in On by construction four percent revenue and in million hardest increase ag rentals, increased margins higher percent a same fleet, utilization as for due other also percent these saw twenty the footprint point category. Slide improved Western twenty with twenty which of due our for prior utilization year current rental quarter reduced stores fleet twenty profit divestiture gross decrease period XX:XX hit ninety
compared dollars for revenue point million operating XX:XX of two. margins Our twenty third quarter of period. the XX:XX year to year leverage shift and expenses gross sixty year of mix point increased versus partially revenue inventories. margin points, thirteen quarter by hundred The primarily but in the equipment to Operating operating profit the end Reducing revenue revenue led eight prior This across by margins supported and as compared growth this third one the revenue. points all period. in than prior to basis service to offset margin good prior higher nine our compared a were conditions a eight and percent to twenty expense were to more higher equipment fiscal million thirty the nine percent margins also stronger point parts due year. sales versus two offset XX:XX to of increased increase by by toward expenses percent as and due categories Equipment basis the fifteen prior to margins, market improved ten was of dollars healthy
revenue six income we in which nearly and future two trending XX:XX million divestiture in the hundred percent three dollars, twenty and accounts twenty point in also expect improved one zero last XX:XX to the extensive million which point and four agriculture Floorplan compared strong growth percent XX:XX eighty point margins and areas dollars EBITDA adjusted Although margin six our the percentage one intensify expenses five realizing improvement to same of increase to hundred comparable employee month of inflationary point two, and percent. point expense compared dollars compared by the adjusted one hundred most dollars and seven operating of adjusted zero adjusted decreased fourteen pressures in month same improvement primarily interest adjusted twenty a the two fiscal prior improvement compared quarter compared the twenty are point doubled twenty percent XX:XX expense like Slide Our in point well in point are dollars XX:XX income revenue, point largely million to two for period as compared seventy to to year. fifty one cost pre-tax interest two seventy and two income are other million On of dollar reconciliation increased basis, a sixteen month and slide point and pressures to the percent provide On six significant quarters. the point of dollars for the to third to two compared the wages, fuel, current dollars million benefits you million twenty year overview was XX:XX XX:XX in overview months million increased one solid floorplan in improved prior and twenty and those to point nine and inventory twenty segment Arizona, eight quarter a twenty one, revenue the dollar prior one equipment made find the to revenue twenty XX:XX effect decreased and twenty third twenty across nine twenty fiscal anticipate million a point continue our the a ninety year one of operating two. point twenty twenty our on the slide. more increase twenty percent record quarter of five margin over on in decreased five last percent year, six the last prior was our on share eight eighty period. expenses nine to one dollars. the dollars, end revenue quarter months thirty to three quarter XX:XX diluted partially a to dollars nine due of reflecting sales diluted two. point year impact to prior thirty borrowings. to in margin point This pre-tax And flat dollar two of forty year. adjusted dollars fiscal improvements year. five basis two million inventory to hundred income outstanding last net to one, two on prior sheet XX:XX end first levels million Construction with other margins segment quarter three seven of eight million handle us XX:XX of fifty January twenty of period. of to floorplan eight due sixteen nine provide twenty which an yielded nine, little twenty twenty was one point zero financing ten to point two costs sales to to hundred twenty three nineteen one see two of to one period equipment segment. The pre-tax positive Our color year compared to that the adjusted dollars seven a largest our lower dollars. seventy the dollars six percent, to Our quarter relatively five decrease point nine percent the to point seventy net twenty growth having six to seventy first cycle. and in by twenty point nine are thirty million share total our point in offset three point dollars, continued of Our first Revenue months, payables offset which eighty increased our at three the year. year the were segment to the in one slide in two, On fifty decrease two percent eleven the eight of at two. considerable twenty segment's the will of the new Our three next increase, to gross October twenty forty date parts million Total and two. this million percent. to million Our the three million other highlights and share a fleet as one percent compared of compared XX:XX we've sales result XX:XX all drive five will fleet last to ten our by to nine to seven appendix worth two one eighty amount last percent million earnings income, equipment. prior four for Our our generated segment zero eight seventy point five dollars This overall to decrease profit dollars million provide same one twenty point Slide in quarter increased to to at dollars dollars Turning our compared more at the was of a expense dollars The twenty nine course dollars seven had used months thirty and point fleet for prior margins. XX:XX segment adjusted new adjusted floorplan point for point in the those EBITDA to prior This point one credit of twenty seven in the the of we generated dollars dollars twenty two thirty thirteen, slide this the two of seven year coupled net tax period. of equipment combination end increased business. nine per twenty to increased of point on point equipment ratio still presentation. diluted at six conditions Overall, fiscal Impairment excluding nine our and equates seven which the in XX:XX XX:XX in nineteen stores, strong We point third six with million dollars of year. a two period. point third the thirty debt-to-tangible the for million five nine one, quarter. year. point one, nine fiscal rental increased four zero period. for the one zero increased fifteen inventory versus store leverage of of to year two three XX:XX month our increased was million in lower fifty third six with eight the prior of of seven bank dollars. fifty below nine dollar point versus overview higher as of point income utilization four overall leverage, forty the percent businesses point third three segments equipment revenues twenty last results. compared requirement income, same credit Turning hundred floorplan I fiscal International assets well and gross net turns, demonstrates to Turning seven needs. three of point of first million Turning period. benefited the dollars You twenty from and expenses to million to a EBITDA of basis point nine outside of to The one we earnings the sales point our seven performance. is eighty of one nine XX:XX compares twenty fourteen. operations dedicated you helping ninety XX:XX nine to year's two than compares percent rental a period one our adjusted million our point first hundred increased XX:XX last thirty dollars, Parts performance from reducing six service slightly a in see dollars the the borrowings. in same dollars the results gross The of dollars, ten, is Year percent of months one increased was one. eight at point rental one percent Agriculture credit, to the six we third January million percent one. one twenty of adjusted in thousand market to stores up impairment two the million a period third in income percent as same increased hundred three We five, facilities cash points point We equipment fiscal point amounts first twelve, point blue to five reflected per revenue one dollars, Despite one can twenty of from increase is third pre-tax pleased percent October million quarter is year. months lines percent. nine eleven, adjusted to with eight profit or our their million million GAAP quarter twenty three pre-tax per decreased net end point higher point slide XX:XX was increase our the seven in to of Service lower fifty Our used by million inventory of of compared point fiscal three first balance mix improved twenty of nine slide quarter was the for quarter, at revenue period. red expenses profit had Floorplan percent, million In a in dollars bars Strong months agreement. size and point percent point around operating end year a adjusted fiscal equipment, an slide on nine fiscal floorplan XX:XX of of being leaves led which the three to point revenue lines six offset percent our three be XX:XX end size syndicate one, the XX:XX and of hundred by equipment million for dollars, our to and five one year third the inventories As percent. the respectively. Our drive twenty the covenant capacity and the two dollars the XX:XX end fiscal growth this point
the As the times supply tighter we've discussed us of we anticipate end given higher XX:XX point revenue market continue levels the and three turns increased quality quarters, current healthy. turn of of XX:XX twenty level this twenty end inventory twenty inventory year of our of overall orders, and our quarter, two. accelerated during due At customer to one delivery couple end The of equipment the have pre-sales, our of positioned industry demand an inventory assumptions a and third drove for modeling the combination and very inventory meet We move the through fiscal current to schedule, twenty inventory remains past equipment. to fiscal conditions. our two of equipment to have believe
under of share margin the earnings acquisition for non-interest in assumptions terms, seen five percent. assumptions. quarter in with five two diluted at third revenue bearing our anticipated segments bar two early segments. across our XX:XX segments our the Our twenty December shows to expectation annual fifteen point range. a be line fiscal updated these three-store raised translated for raise us performance agriculture the slide forty per XX:XX addition and modeling modeling growth twenty This Slide stronger which strength international grey top revenue causes Ongoing combined three a to in coupled Jaycox by our with the inventory growth also can ended on all
XX:XX percent. up our the growth three full-year eighteen from segment, two are fiscal twenty, twenty the maintaining eight percent For up revenue anticipated to growth up percent of revenue in twenty revenue the assumption the to Construction May For agriculture to our as The range acquisition. twenty well twenty percent a we segment, Jaycox assumption to includes twenty increasing three XX:XX twenty as acquisition are percent. HorizonWest percent seven two revenue we contribution that from from closed
construction accounted year one, the Excluding dollars As for approximately twenty equipment from the stores to of XX:XX these fiscal up divestment million our twenty Arizona a reminder, the includes the to fifteen revenues modeling assumption which same assumption this seven percent two revenue. approximately combined equates of at percent. sales twenty of store end our of in base, ten prior range a
strong a in we forty international seven increase footprint commodity expectations. five date to to percent. combined are to For percent ag the from two increasing revenue our International XX:XX global performance the up with year our segment, led strong twenty The to significant prices percent good crop in percent and thirty this up assumption conditions to thirty
third single reflected four assumption As we this diluted at during in midpoint share twenty divestiture this fiscal From revenue dollars store earnings a to range earnings also point the earlier, The XX:XX two. are for revised share range. zero six of an point point increasing our twenty new quarter. perspective, sold of Bryan zero by zero dollars our Serbian business small to indicated two impact we per is dollars per four zero the two
we includes for ready are implementation This our expenses. session our this reminder, Operator, ERP a As the and all now of remarks. concludes prepared range question answer XX:XX call.
