Bob Eddy: Yes, thanks Rupesh. It’s a good question. I’m not sure I have a perfect answer. We’ve certainly seen a ton of inflation this year, as everybody knows, and we have seen a little bit of moderation in the third quarter, as Laura talked about in the prepared remarks. It’s really coming in pockets, but I would tell you on a general basis, we’re seeing less inflation today than we were seeing three months ago, for sure. I don’t know what happens from here. As we talk to our supplier partners, they continue to indicate their desire to raise prices, particularly those with very strong brand names or market shares. Some of the commodities are still above where they were last year, and I don’t know that folks have passed through all of that increase, so I think we’ve got a wait and see approach on it.
We are working proactively with our supplier partners to avoid any further price increases – I think as you know, it’s bad for everybody so we’d like to forestall that, but I’m not sure we’re going to be successful in it. We will continue to do what we’ve done all year and invest in price, make sure we have the right value, and we won’t let anything stand in the way of that. I’d be remiss if I didn’t thank our merchandising team for what they have done this year. I think they have done an outstanding job managing double-digit inflation in an environment that many of us haven’t really lived through in the business sense in the past, so our team has done well. We’ll continue to do those things well going forward, and whether we see 10 points more inflation or two points more inflation, I think the company is really well set up to grow.
Rupesh Parikh: Great, and then maybe just one follow-up question. In regards to next year, I know you guys have the big headwind related to fuel. With your commentary earlier that you hope with some of the margin headwinds that you’ll be lapping next year, that maybe between the headwinds that may become tailwinds, that could help to make fuel neutral from an EPS perspective? Is that what you were trying to convey earlier?
Bob Eddy: Rupesh, I don’t think we will be able to get back to flat, right? We’ve got a tremendous gas tailwind this year. We’ve had other headwinds this year that we’ve talked about, and some of them are almost the same thing, right – think about the cost of diesel fuel running through our supply chain, we’ve got both headwinds and tailwinds in this year, but the gas income headwind has been bigger than any of the tailwinds, right? So as we think about next year, it looks hard to create that same level of gasoline income next year. That doesn’t mean we won’t have some of these headwinds flip to tailwinds, right? If diesel goes down, we will have a tremendous tailwind next year from a margin perspective. There are other things under the covers as well that should help, but at this point as we’re modeling next year, we do not see us getting back to our full year EPS that we’ll put up this year.
I don’t think we’ll be too far away from it, either, but I don’t see us getting flat at this point.
Rupesh Parikh: Okay, great. Thank you for all the color.
Bob Eddy: You bet.
Operator: The next question comes from Paul Lejuez from Citi. Paul, your line is open, please go ahead.
