those you, the us on Thank to call. and Patrick, joining welcome
and in During a we the third demand. we consumer substantial quarter, base structure transitional cost navigate made period progress asset as our optimizing
While rationalization versus net we of gross margin prior $X.X in even sold. achieved expense nonrecurring goods our modest year, million sales while of absorbing X.X% expansion business the declined cost
expenses, Excluding have over our basis been the prior these improvement XXX a gross point nonrecurring representing year. XX.X%, would margin
of optimization sale quarter facility. of Minnesota our the in of consolidation down efforts the and Mexico Wisconsin our rationalization Florida Rosarito, our the included Orlando, during products facility, wind the the billiard high-end Eagan, accessory operations portfolio at Bristol, facility, Our cost our into
of our by complete optimization The operational footprint be will year-end. largely
done The operations has will in ample operational our demand. by footprint providing to team square outstanding year, we or our this a reduce capacity the program, XX%. of recovery still With completion approximately XXX,XXX job consumer while feet support rescaling an this
our during the we in X.Xx. and debt of over repaid net million $XX generated of taking cash our with our Rosarito support our capital proceeds maximizing nearly million ratio operations of from on and sale focused remain leverage Along we cash $X made to operations to from quarter. addition, expenditures million $XX.X the dividends, distributed facility, In flow
the of the despite softness higher to year in gross near-term margins we consumer end expect drive efforts these forward, demand. and Going through XXXX
level of will conscious we holiday As into as consumers the given move activity price environment. promotional anticipate a the economic we higher believe season, we be
promotional consumer At to consumer many soft introductions. for demand inventory activity we discretionary will the favorable by at destocking we safety to driven retailers. goods, time, product already our efforts the spending new Despite underway in basketball and see same accelerate anticipate archery categories serve continue
Additionally, to continue the to of we as our move increase, position loyalty XX% performance the phase e-commerce quarter. above-market own cycle. volumes recreational continues during us differentiated next We through believe market-leading year-over-year retail up deliver the brands to consumer direct-to-consumer our to
As before, corporate we of brands to continue partnerships and recreational emerging established in e-commerce connecting marketing build initiatives, a consumers more to our owned diverse to deliver with category-leading continuing programs and across sports. invest while base innovative loyalty deeply through
Federal by Looking ahead, monetary recent market. Reserve's job as easing the encouraged we as resilient well are a
to household balance consumer continue monitor closely sentiment. We sheets and
likely As in expect interest demand recovery lower, rates move for this a will goods. discretionary recreational aid we consumer
near term will committed see we operating structure pre-pandemic the to into financial position maximizing more improving similar we the stronger some as optimizing not do cycle to and the through our our expect recognize are demand we patterns leverage. to we our However, cost In settle materially spending meantime, take consumer in economy. time, the and
the the rationalization, also through outperformance inventory profitable growth position along ongoing position but demand, for in not cycle. ongoing us will navigate with efforts, These only consumer trough us next to and
our year. continued As by variable repayment debt, to are which the we expect higher of prioritizing the end continue the generate flow, we strong off we to cost rate cash pay of
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highlight with hunting and group video which influencer our to podcast an partnership newest for Avid the A of with admittedly expectations. online version in public, exceeded the is Adapt Hunters, high has even series the
the paddle, We Onyx also launched new introduces cloud technology market. pickleball to Supercell control which the
sweet creates proprietary the XX-millimeter control, paddle of touch and outstanding The construction expansive an spot power. provides
accessories. to The As recognized synonymous performance. the recently is exciting new globally Adidas of an distributor we entered be U.S. and with Adidas agreement announced, high into official brand fitness
Adidas be U.S. partnership our early and success new online will which will brands, XXXX. we in expand our fitness offering offering, in and This weight available the STEP, Lifeline fitness includes today retail
our during Wisconsin [indiscernible] a billiards and began Bristol, of will dealer further business Dealers the competitive us this Group. accessories in along accessories. Billiards the billiards third benefit the of game high-quality American room we to of [indiscernible] quarter, range upon combined consolidation for shipments, Heritage tables, with wide advantages Q&K combine of into category. efficiency shipments allows the Finally, Brunswick building Brunswick, This our our from
hand execute The while is our planning transition, and in this Bristol working a job highly which with now complete. capable team fantastic Evansville hand preparing did associates to
activities to Our on friends. We to great with forward updating their our progress engaging memories, and portfolio our with while vision consumers in quarter. is build centered strengthen look family next helping brand create you healthy and
the call prepared his turn over to With remarks. Stephen for I'll that,
