Chris Carril: Great, thanks for that. And then I guess just drilling down on the commodity outlook, specifically. Could you maybe unpack what items specifically are driving that outlook, and I don’t know if you disclosed it, but how much you have locked in for the year? Thank you.
Mika Ware: Hi, Chris, it’s Mika. So for F ’24. Obviously, Joe talked about deflation in the first half and then we’ll have some slight inflation in the back half. Obviously, poultry is going to be a good guy that’s really driving that favorability in the first half, with commodity pricing and with mix. As we’re selling a lot more chicken, which is great. Beef is something that is inflationary throughout the year. As far as contracting goes, we have a lot of the steaks locked up really through the fiscal year. Our ground beef is still on the market a little bit. As far as contracting goes, looking into next year. The first quarter, we have a good line of sight, really probably over 90% were locked in on that it goes a little bit down as the fiscal year progresses. But we’ll continue to take advantage of the market and opportunities and ensure that as we get through the fiscal year.
Chris Carril: Great, thanks so much.
Mika Ware: You’re welcome.
Operator: Your next question is coming from Alex Slagle with Jefferies.
Alex Slagle: Hi thanks. Just wanted to ask a little more on rewards and the CRM efforts. new agency. Realize the revamp will take place over a couple of years, but just curious, if there are there some initial changes underway that could help drive traffic and profitability in ’24. And it sounds like it from the talks on It’s Just Wings, but I don’t know if that step-up is more coming in ’25? Or if we do see some of that in ’24? And maybe just any commentary on where we are discounting relative to 2019?
Kevin Hochman: Yes. So the agency is literally onboarding in the next few weeks. So, we don’t have the new strategy laid out yet. What I can tell you is, it’s going to be continued less discounting. So we removed some discounting last year, a significant amount. We’re going to continue to remove discounting, probably at a slower pace probably don’t need to do it as dramatic as we did last year, but we’re going to replace those emails with more relevant emails and more of the relevant emails so that on a per email basis you have a lower redemption, because you’re not giving away as much value, but because you’re able to send more emails out and they are more relevant, over time, you would expect to get more traffic from those, not less.
It just wouldn’t cost you as much so. So for example, a lot more emails around sporting occasions where we know that the guests, either wants to come inside a restaurant or a bar, or be able to carry out food to consume at home and watch this sporting event. You’ll see more of that you’ll see more relevance around other occasions like week day dinner and making sure that we’re driving our carry out business. We just weren’t doing those things in the old CRM program, was really about what you could get for free from us versus like here’s how Chili’s fits in your life, based on these occasions, whether it’s going out to eat or easy home or replacement at home. So I expect that will be the strategy now how GALE brings it to life. I think, I think you can look at some other restaurant brands that they work with.
Part of the reason why we’re so excited about them coming on as we’ve seen them really transform another restaurant programs or CRM program, and we think that we want. We want exactly that. So that will give you more, some more insight about how we’re thinking about transforming our CRM program over time.
