And it’s also – these are also applications that benefit substrate shift. I think that’s the real focus of innovation more so than a unique graphic depiction, et cetera. It’s like can you have a package that is easily transferable into whatever the benefits of the other substrate are, and can you offset those and then you’ve got a far more circular and a better, I think, sustainable package that gets supplant that. And so that’s where that focus is. And then in terms of new products, there’s a lot – there’s a lot that’s happening in the CSD space. There’s a lot happening, better health, lower calorie, lower sugar, that’s all real. And then very creative outlooks as it relates to alcohol categories, new alcohol categories and then substrate application for us.
That’s where the innovation is. But I would say nothing that would be incrementally different in terms of our spend behavior just because we have a stronger balance sheet. These are things that we’re working on and working on with our partners. And as it makes sense and as it can be commercialized at scale, we’re generally the right person, right company to do that. And so that’s how we’re looking at innovation right now.
Stefan Diaz: Great. Thanks, Dan. And then I believe your initial volume guide was for low single digits globally, and now you expect low single digit to mid-single digits. Is the raise at the top end based on strong 1Q? Or do you expect better demand throughout the year now? And maybe what do you need to see to hit the top end of that guide?
Dan Fisher: Yes. Peak season dependent. Just to be abundantly transparent. I mean if I’m talking about 2.4% growth versus 3.3%, I think the 3.3% starts to look like mid-range versus [indiscernible]. So I would say we got out ahead of the gate. We had favorable mix in South America. We’re a little ahead in Europe. Scanner data is a little behind in North America. So the balance of that seems like net-net-net, that’s a little favorable. Until we get through peak season on 70% of our business, I think I’ve ranged it appropriately. And regardless of whether it’s low single digits or mid-single digits, you’re going to see cash flow generation EPS mid-single digit plus share buyback to the tune of nearly $1.3 billion. So we’re really confident in the underlying performance and behavior of the business. Let’s see how peak season gets on.
Stefan Diaz: Great. Thank you so much. And maybe if I could sneak one more quick one in here. Can you just go through how April trends are benchmarking versus your expectations? And then I’ll turn it over. Thank you.
Dan Fisher: Yes, April is largely in line, a little softer than March, but in line with our expectation. And as you know, Easter fell a week different last year than it did this year. And so that plays into it a bit. So it’s – I think it’s there or thereabouts. And it really a couple of weeks before Memorial Day is when things really start to pick up. So it’s really the back half of the second quarter where it’s most meaningful. Christine, that will be the last question. I think we’re a couple of minutes over.
Operator: Thank you. This ends the question-and-answer session. I would now like to turn the floor back over to management for closing comments.
Dan Fisher: Yes. Thanks. I just – just a quick reminder, June 18, New York Stock Exchange at our Investor Day. Again, I’d like to thank Ann for her incredible service to the company and certainly echo all the very nice comments toward Brandon and Miranda. And thanks to all of our employees. We look forward to talking to you again at the end of the next quarter, if not before at Investor Day. Thank you.
Operator: Ladies and gentlemen, this does conclude today’s teleconference. You may disconnect your lines at this time. Thank you for your participation, and have a wonderful day.
