So the fact that the staggering four-week numbers that come out every two weeks improve, are kind of showing you embedded in that is weekly data that is improving week after week after week. And that’s really what I was referring to.
Peter Galbo: Got it. Okay. No, that’s helpful. And Dave, going back to the question around CapEx, obviously, understanding the timing. Just also understanding, like cash flow from operations is actually running a little bit behind last year. Maybe that’s a timing mismatch on working capital but how we should think about free cash flow maybe through the rest of this year and particularly as we get into next year with some of the debt maturities that you have upcoming.
Dave Marberger: Yes, absolutely. All of the cash flow from operations impact that you’re talking about is from us building back our inventory levels. So, you’ll see on our cash flow statement the increase in working capital related to inventory. And that gets back to the point I just made, where we are back to healthy levels with our inventory, great safety stock levels. So, we feel really good going forward. So as we get into especially Q1 of fiscal ’24, we should be in an opportunity where you can start to see inventory as more of a tailwind versus a headwind. And it’s just been investment to build back our inventories to the safety stock levels that we want to be able to execute our plan.
Operator: Thank you. And our next question today comes from Alexia Howard with Bernstein. Please go ahead.
Alexia Howard: Can I, first of all, ask about the surge in the foodservice side of things. It’s obviously been strong for a while. Are there particular channels in there that are doing very well? I’m just wondering about the overall recovery on that side of the business. And then I have a follow-up.
Dave Marberger: Okay, Alexia. Yes, we’re really pleased with foodservice. Our sales were up 18%. We had just over a 1% volume decline. We’ve seen strength in a couple of different areas. Our commercial business has been up. We have a popcorn business, which was very healthy in terms of volumes in the quarter, and then obviously, the pricing. We’ve been able to pass on inflation justified pricing and we have not seen volume declines — significant volume declines from that. So, the area, we’re still focused on are margins. So, we’ve seen nice improvement in margins in Foodservice, but we still have some work to do to get back to the pre-COVID margin level. So another 200 to 300 basis points of improvement, and I’ll be happier with the margins. But overall, we’re really pleased with kind of how our Foodservice business has bounced back.
Alexia Howard: Got it. And then as a follow-up, I’m just curious about the market share trends in Frozen. It looks as though things are down a bit in that part of the business. I’m wondering, if it’s supply constraints? And how does that recover over time? Is that a faster pace of innovation as we roll into 2024 or marketing? Or would pricing actions be needed on or promotional activity be needed on that side of the business?
