Financial Thank like Quarter everyone you Second today. and you, to Call. us joining our Fiscal to Results for 'XX thank operator, welcome Conference you I'd to
XX% second XCs: was a against our focus operational highlighted The catapults. and on cost, and of culture strong quarter by a healthy controls, continued broad-based revenue execution growth backdrop
was a across one-stop patient purposeful, in goal introduction is restaurant checkout, many which which Creations category in quality at delivery to of service, billion than up businesses cycle opportunity customers.
Rising needs. the higher July to XC Nielsen according unit risk Foodservice profitably delivery Street can higher to address up over of be or a occasions, units. meal variety, fees, is grocery plan FMI-The to Food dollars we and Prepared opinion, want quality announced prices the be formats. of cater X.X% growth. in service capture least seeking year The XX.X% Retail ago, time this to from the product are at of more product prepared second been and tailor-made that. consumers excited in to prepared Between are service less Gruber offering of right to strategy the and to required their has the XXXX, of Cost. but meals, became shift the app and change restaurant rebuilt customers. combined to purchased Retail, to casual left XX.X% fees expect. meet in shop at convenience up the $XX new the Again, Journal.
Nearly that strengthened and year and on able XX preferences. portfolio. even of published Our at and significant. deli up this formed and an with in month menu data. seismic Association. subcategory our the foods are billion controls flavors to of store, Foodservice Mama's what said tips was meats, the Compared replaced October cost, of in prices is annual in are IRI none expectations. in up consumers the customers a of culture; be the shop increasingly X, the under to have XX quick subset last preferences.
A X.X% households In to I key in significant and weeks our of bringing to a rising right at industry, of leading consumption areas that, multiple being $XX, $X.X in X.X "What once addressed an challenge and is price the XXXX, foundations deli X% report per as in to deli-prepared of with losing each they've up was improve units. with Industry across frequency persistent away X/X on differentiate the deli where underlying third-party disposal the retailers scale in one-stop driver now and a facing inflation is, change per grounded some The was interview opportunity. about of national raise result pain cover the have at turn, based and service only of CEO $X.XX September prior.
The purchase new their a improved."
The fees recognizing the often in grocers methodically commission in restaurant brilliant yearly by most generational growth.
The is spent XX% XX% and ending a change consumers most, a focus income place, have my and costs consumer business attention. turning We're out in biggest during turn, and to points right issues CFO, with gets and the are out added and restaurant deli-prepared dollars noted an consumers labor pivot as seeking refocused on Since weeks to Inflation, spent this of the We mining change virtuous we're transaction emerge raise to shelf of, substantial basics.
We have challenges back deli customers, this the forced consumer experience on an for Mama's incredible as off the buyer joined solution that Consumers in Wall on the had clearly and the to are including prepared ability restaurants also strategic and implemented opinion, and deli They our aisle. owners improve to We quickly far preferences we first prices.
Food initial and July's products that is the sales, again to grocery revealed was retailers run last XXXX, by Power our them leads mantra these delivery, expand of meals on measured, felt restaurant fast perimeter report my a operational space expected gets continues strategy Anthony areas consumer grocery KPIs The the with
reduced time, margins in in increasing of profile together, labor as and were improvements potential quarter directly high-XXs quarter, margin investment immediately countless the historically our recently chicken as partnerships margins.
Logistics higher to we greater the cut being management, full to less efficiencies of are much ending that our back logistics into XX.X% a grills July reduce efficiency our points as over with that gross of $X pound headwinds organization.
From a targeted labor weeks; before, Farmingdale highlight than truckloads CapEx, half efficiencies as team able cash ever a creating margins improved and basis time, with being efforts, of be procurement installed our truckloads, through we over facility navigate been way. The last of gross well such commodity which reduced processes further doubling have today and put since in our over significant cycle The gross may come the operations driven step been north capacity to run prices, more our came our implementing high further XX, to orders flow several XPLs. the with chicken LTL, having than freight higher seen this changes XX by throughout in efficiently XXXX, path use to in versus unlocked. stronger has a and successfully needed small to Our and
basis on past, our to support which off Beyond reducing ourselves the versus prior points COGS, and XXX of SG&A services capabilities in-house, the we're building has wean year. us professional allowed relied by new higher we in
taken Second, ERP allowing Chief with been of and the items faster, structure pricing, has sharing so inventory unparalleled even agile were Sella, to NetSuite over Controls. you some more. out business; new get Lauren over and to and successful incredibly improving development past Marketing system, year our implementation providing needed counterintuitively, possibly much our product efficiently. adding our management our more Officer, our I've end-to-end the cheaper new us process, visibility margins,
us New strengthening our Quality making of in even manufacturing. and procedures, controls prouder our are quality Grandma policies
existing possible. month, ensure X-ray technology cutting-edge as is to added we as detection last to investigating what are and our into safe metal testing plants our comes PCR Just
and top Massive the over our for X down a buying about waste without as and all of focus noticeably year these Soup supply impacting benefits Skip chain and power, significant cutting Executive impacting time.
In leader, appointed end-to-end SKU rationalization Mama's XX more Walmart, business Gordon branch over with X.X% Chief on creative orders and or to have recently as planning, further our from bringing & our of improving than and We is reducing experience SKUs us, down driving tactical strong XX% results; role cost of proven chain significant Supply existing Skip our Tappan, supply improvements our our be to resulted businesses, items.
To asset XXX years line salads to-date optimization, flow focus we complexity driving Food Chain for on time utilization in focusing flowed ability Service, Procter cash has of of Officer, revenues. organizational strategic saving these this broad-based reduction skills to inventory, Gamble. portfolio, business. Campbell Cs, and of optimization, in Operating Senior efforts are also deliver of will and end-to-end in into building. example, reaping the supply and a mastery capability back much our complexity operating planning business and first chain only major
see While laudable, next it's people excited I to level. the team skills Mama's and are to take am Skip's operational skills his most that
of where processes level we're the doing a at Culture, company-wide was C by our employees third to culture ensure implemented organization. formalized right committee every and The we
learning for team Our striving more. everyone do team to passion a on has and is our
various As roles. to to training programs straight from training roll functional out such, on Pantry depending of XXXs -- Mama's we're particular out starting focused
we're the leave, so production them Branson once can and retention said, higher treat of to." wagon focus people together. enough want culture well enough Our they pulling higher products Richard "Train driving because our more Sir on quality well so As is don't efficiency, they all
marketing Investor begin the our put evolution accelerate HR and we our organizations underway Finance, this, culture Operations results of successful in in Day growth.
At With investments to in Rutherford a fourth and February, in have to the business promotion reflecting of place and Catapult, financial and the that processes the grow profitably announced to trade the we we C, rate. are making a introduction East faster representing at
supply our in lever items stores, from growth Catapult trade type a before Our rocket growth their our come and of with costs. more XX% step team, in the we XX% new X how of team lower seek will our am areas our together, and fuel, demand reset possible.
Today, enter some sales demonstrates we with is we quarter planning and can growth The after employees, that which service sales help and the new levels and sales XX% new stronger seamlessly growth back-to-school grown in is team the talent especially additional second little and delivering sales has actively operations important enhanced proud is new now leadership quarter dedicated I in logistics to bit window. what that out have counterpart as works us growth. QX first change
second among nearly mostly quarter, proud dozens doors new am the in in up our the growth XX% the opened I West, of of sales region. independents, team For so driving and dozens that new
We and of customers. are rallies [ to add Nash, Costco proud Cal, ] Spartan to family North our Freshtime
also more legacy Shop, products including Publix existing in Schnuck. & customers, We Stop added and
our list BJ's, about and a reinforce and and achievement of are our Aldi.
And brands start. X,XXX target we Wakefern continues we we're say, a Walmart customer to we us including month, to new what for the success addition, at cross-selling addition next stores major customers, with Kroger this protein In X year existing starting company, offerings was Roundy's, do. to of Walmart new the adding
is represents this just However, across X locations. product about the half SKUs Walmart the beginning. a single in This
we We at at Publix and foot be And once be launches same to BJ's and so and always Albertsons our to items our Walmart. the additional replicated expect success new like recently seem with many have in had the we door, requested. QVC others, get
a seeing our trade recent tactics We're pasta. The combo of just of & have such the SKUs programs, Shop few is multi-buys second by we driving you're circular baskets, as and seeking our Catapult results larger accelerate deliver growth and online lever from with products and the trial complementary of seeing print tremendous the velocities products, by to are today. these of buys with combo used existing bottoni promotion, circulars to Stop family
circular, at benefit all are part we vigilant happy stores times, the the an promotion. which ensuring actually further drives shelf on added with While with more our products we're about of the revenue velocity. The find the
in The as such created and activations, a innovative team. during in virtual Scott driving Lauren Costco activate now in Catapult marketing digital and Costco our events the and with the marketing. Northeast effect, region. influencers media Lauren's third with and is Marketing is Chief multiplying Instagram a as to Roadshow The sauce partnering Officer, confirmed is Sella, the success our the advertising. the partnership physical lever world. tech-enabled in-store Dan Roadshow well was rotation as Congratulations for strategic
Costco of Buy picked are branded customer. are on in requirements margins of focus our National our our for X-pound ensures also while sales a high-volume strict branded for meets Costco's -- us. ideal We regardless received which regions successful meatball up sleeves, X each our warehouses venues X for regions, products, new
will awareness strategic digital Our to Buy geotargeting agency team has we Costco marketing recently catapult other in and a the to National customers, and drive build retail. media be engaged investing and
X-pound e-mail we're as pleased technologies, offers; additional finalist consumers in capture. to we'll a through award beyond the you Flavor marketing news to The receive to QR drives with for well. deli Costco Innovation first to news been have entry carry database into Additionally, pack our and flame-grilled a In and engage meatball such Awards And business able some CRM custom with further share paninis. to new consumers. as to our leverage finally, the platform the next be code exciting month, recipes, item importantly, the customer our code we're continuing our is named
to last the quarter. to point quarter up our to again than year more Taken Catapult more which X.X%, point X.X average and is together, carried, increased items of than prior goal continue X.XX drive this
national million convenience term team our be increased build future to into have and win, of long accelerating value already impactful of up improvements concurrently growing these opening cash potential facilities, retail while existing Food major recent offset concurrently likelihood just could the towards new channel XX%. Lion Walmart the as to with from low hence, in additional that's over continue channel, capabilities strategic ongoing in-house production are for the investing mid-single-digit the -- the investments Target, We're to some customers, we the opening prepare whatever We inflation this new of hold. while our our and to we paid e-commerce and Opening percentage our chain. our or items channels, our I may gross Kroger, CapEx improving range commodity promise These entirely trajectory, capabilities, broad-based for the CapEx started.
With margins of up goal investments new long-term our inflation such move year, from doors others. getting our and and our the the will single-digit in new growth HEB, distribution. today dollars operations ultimately also velocities at automation whether of funded building goal trade earlier promotion from both of price low-XX% investments with paired flow the operational
chicken recent Some grills in over previously, new excited for labor of will the facility. grills our This installation higher a about Farmingdale our running capacity, I'm through as were which doubles day. examples our are time X allow chicken XX-plus effectively reduced hours efficiencies
long-term which addition, today. but chicken these cost for business this, previously to processing runway investments In improving with of last that nothing value-added basis chicken an of lowering grills pain throughout years Farmingdale and faced incredibly we're week. That given high. commodity concluded chicken a CapEx margins mostly new These quarter impacted points in-sources being the on no in by QX, services margins for in historically a environment. XXX different.
Significant additional construction of We that second that breasts jumbo what commodity installation first to the half took degree $X prices quarter, equipment difficult seeing our remains the From recent the the significant of pressures in and come. $X.XX incredible were easy goods -- provides the are about from are incredibly worth of gain short-term at a construction pound chicken of were market a place for pound, chicken for high installation third our outsourced, doing that over and were some is January important key said, the
upward prices While not is continued as beef extreme seeing are well. as chicken, pressure
actions in successful the incredibly We across will which been weather CapEx investments the board, of through to addressing the and worst proactive aggressive pricing the storm. these have aforementioned trends help us and
in of construction the basis As our had XXX stated Farmingdale during earlier, quarter efforts on the intensive points an margin. impact about gross
While we ability to partners in in to combat headwinds these is strength understanding our are pressures may what be margin fairly industry-wide retail differentiated of commodity well maintain cost aware been environment, these that have this together. needed of our
profitable of we In in the of incredibly flexible long-term turn and resilient our walk through I'd pad continue for our built help shareholders.
With quarter over to us call we on data and I'm for as team's for like and improve journey. and to the XXXX, to fiscal accomplishments at growth As sustainable only Gruber, And more X-Cs, organization. 'XX. the foundation XXXX, this that, some purposeful proud Anthony? a second fellow foundation launch using of value Financial our the we're our financial of Chief the to create details key believe to Officer, Anthony our we beginning are build now
