Matt Farrell: Yes. Well look the, we’ve had four quarters now, four or five quarters now of trade down. So we saw a lot of that’s happening mid-22 and it’s going to continue through mid-23. So we would say now you’re sort of starting to lap the trade down, but – but the ARM & HAMMER brand is continues to grow and like I said, July is equally as strong as year-over-year as Q1 and Q2. In fact, as Rick has pointed out, and we pointed out in the release, a lot of the year-over-year comparison it’s not just for Church & Dwight, but most CPGs has been colored by price. And the expectation now is we’re going to go positive in volume in Q3 and Q4. So we expect that the launch piece is going to be one of those participants for positive volume in Q3.
Bill Chappell: Got it. Thanks so much.
Matt Farrell: Okay.
Operator: Thank you. Your next question comes from Olivia Tong from Raymond James. Please go ahead.
Olivia Tong: Great, thanks. Good morning. First question is around marketing. If you could just elaborate in terms of how much of the marketing spend is going towards maybe some more value to your products where you are seeing some of that trade down benefit versus some of the higher end thorough THERABREATH, HERO personal care type products?
Matt Farrell: Yeah. Well, you heard Rick mention that HERO and THERABREATH are virtue being part of Church & Dwight. We certainly have the wherewithal to invest quite a bit on two brands that are growing significantly and have a lot of runway ahead of them. The other place of destination would be which I mentioned briefly in my opening remarks, and that’s our master brand campaign, which is Give it the Hammer and to Give it the Hammer campaign is really resonating with consumers. And I’m just talking about your average consumer out there. It’s really resonated with them because it really halos all of our different categories and it’s – it’s consistent and we came up with this as we entered the year and we said, hey, we got all this trade down going on.
ARM & HAMMER is the working man’s brand. So let’s get behind that and let’s come up with a campaign that’s going to support that, that thesis. And it’s working. That brand is really scoring super high and we’re continuing to get behind it. We’re going to get behind it in the second half continually.
Olivia Tong: Right. And then just following up, in terms of your expectations for volume to turn positive in second half and being up for the fiscal year, as you mentioned in your prepared mark; can you talk about your view on price mix in second half? And then maybe on price, what’s – what’s already in place that hasn’t lapsed yet? And whether you have incremental plans in the second half of the year?
Rick Dierker: Yes. Hey Olivia, so there’s – there’s, most of our pricing has lapped. Lot of our laundry, litter, OxiClean pricing happened in July a year ago. So most of the pricing has been lapsed, there’s a little bit still to come. That’s why we’re saying maybe 50/50 in the back half of the year. And then the only price in action that we’ve talked about is baking. So that’s the only one left from a list price perspective. We always want to go optimize trade and revenue growth management, but with the 50% increase in…
Matt Farrell: Yes. And BATISTE would be the other one that we haven’t completely lapped. All the price increases, so that’s going to be part of the story for price in the second half is dry shampoo.
Olivia Tong: Great. Thank you.
Rick Dierker: Okay.
Operator: Your next question comes from Filippo Falorni from Citi. Please go ahead.
