Unidentified Analyst: Great. Appreciate it. I just got a question about the fire in Taiwan. Is that to get an opportunity for Titleist to gain incremental ball share?
David Maher: Well, we are certainly considering possibilities. A lot of questions left unanswered. I’ll tell you, Martin, I am going to pass on that one. We don’t have a relationship with Launch Tech, and I think others are best positioned to speak on that one. So at this point, it’s too early to say and – but certainly, we’re modeling possibilities and scenarios.
Unidentified Analyst: Got it. Once again, congratulations.
David Maher: Thanks.
Sondra Lennon: Thanks Martin. Operator, next questions, please.
Operator: [Operator Instructions] Our next question is from JP Wollam from ROTH MKM. JP your line is now open, please go ahead.
JP Wollam: Great. Thanks for taking my questions here. .First off, could you maybe just touch after taking price on the Pro V1 this year, have you seen any kind of impact from that price change? Any response from consumers or retailers about that change in price and any impact to share as you think about going forward? And then just maybe also on that note, as we think kind of about revenue next year, exiting the peak season this year, are there any conversations with retailers or pro shops that kind of how are you thinking there’s changes in the way consumers are buying? Or just any major trends to point out as you think about how to position for next year from a revenue perspective? Thank you.
David Maher: Yes. Okay, JP. So as to pricing, we are nine months into – well, we’re ten months into the new Pro V1 pricing. It has settled in. Obviously, we’re having a very good year both in terms of sell-in and sell-through from a share standpoint. You never want to be cavalier about price increases, but we think the market understands and accepts the price change. And we think most importantly, we’ve done a good job showing value associated with that price change. So again, never want to take price increases lightly, but I think we did a good job positioning new models in the marketplace. And again, our sales data and certainly, sell-through data would suggest the consumer has accepted and understands the reasoning and the value associated with that.
In terms of retailers and major trend shifts, nothing to call out other than, again, I’ll make the point that even years, particularly on golf balls, even years flow differently than odd years, right? We launched and pipelined new Pro V1 this year. We won’t do that next year in 2024, but we’ll launch in pipeline AVX and our performance models. So just a different cadence, that’s the big story. I will say it looks as though certainly as our retailers have stepped up their revenues, and I made this point before, almost half of our businesses in the U.S. is on course. So it’s got a little bit of a different profile than maybe the market in total. But I think our retail partners and green grass partners have done a really good job keeping pace with stepped-up demand.
And I really can’t call out an area where they’re going to change or think differently about how they purchase and stock product. The only exception might be – and it’s specific to how we’re running our business and you see our success in golf clubs, we keep activating our custom fitting network, and that works really well for us. So that might invite a more measured or lesser inventory position at retail from a golf club standpoint, but that’s only because we’re pushing – we keep pushing the envelope and investing behind our custom-fitting efforts.
JP Wollam: Great, thank you. And then maybe just one follow-up. In terms of the share repurchases, just wondering if there is any kind of cadence that you’re thinking about in terms of that remaining $80-ish million. And I don’t want to jump the gun, but just curious if there’s any ongoing talks about kind of re-upping that plan and maybe when we might hear about that? Thank you.
