Gross profit was $160.5 million, or 31.8 percent of revenue, in the first quarter of fiscal 2026, compared with $169.7 million, or 36.2 percent of revenue, in the prior-year period. Included in the prior-year period is a gain of $25.8 million for an adjustment to the fair value of contingent consideration. Interest expense was $15.9 million, or 3.1 percent of revenue, in the first quarter of fiscal 2026, compared with $18.7 million, or 4.0 percent of revenue, in the prior-year period. The decrease primarily reflected lower inventory levels relative to the first quarter of fiscal 2025, as well as reduced financing costs. Adjusted EBITDA1 totaled $15.5 million, compared with $26.1 million in the prior-year period.