Dave Powers: Yeah, and I think just as a reminder, you know, Q3 last year, we were in some cases starved for inventory. And we, you know, brought inventory that we could have sold in Q3 brought in in Q4 for both UGG and HOKA, and the wholesalers were happy to take it at that time, and particularly for UGG, they were happy to fill up on kind of core styles, knowing that they would carry it into Q3 this year, and that dynamic has played out. But now we’re comping, you know, those increased shipments in Q4 last year. But overall, as Steve said, the brands are very healthy, full price sales throughout our wholesale partners is strong and the demand from them is still there. But keep in mind, they’re also working through you know, inventory situation, a lot of promotional activity in the marketplace, and then working through their own inventory.
So they’re careful about who they bring in for brands. And fortunately, our brands are very, very strong. So they’re prioritizing us, but they still have a lot of inventory from other brands to work through in this environment.
Aubrey Tianello: Hey, got it. Very clear. And then on HOKA, if I can just ask a follow-up. You mentioned expanding through strategic access points on wholesale. Can you maybe just give a little more detail on that? Would the opportunity looks like there to expand? HOKA in the wholesale channel outside of specialty running? And kind of what the strategy is there? Thanks.
Dave Powers: Yeah, I’m happy to talk about that. And this is, you know, I would say on a global scale, we are very selective of who we sell HOKA to in wholesale. We’re always prioritizing the run specialty channel, that’s our bread and butter and the authenticity of the brand. But you know, we’re strong in places like REI, we’ve expanded doors index in the third quarter. And as we mentioned in the call that’s growing very well. We’re in a handful of footlocker doors, but right now we’re not really looking to expand too many more doors in wholesale, we’re focused on healthy sell through and expanding categories. And then, you know, as we saw in Q3, DTC is exceptionally strong. And we want to continue to you know, drive the growth strategically in wholesale, create awareness, get in front of the right consumers, but ultimately drive as much business as we can through DTC, because for all the right reasons, margin, consumer data, lifetime value.
So it’s a healthy balance and this is a good reflection of our strategy towards ultimately being a 50% DTC company, you can see how this is working in this quarter.
Aubrey Tianello: Thank you so much.
Dave Powers: You bet.
Operator: Thank you. And the next question will be from Jonathan Komp with Baird. Please go ahead.
Jonathan Komp: Yeah, hi. Good afternoon. I want to ask first just about the UGG brand. It looks like you’ve had some incredible heat for a few of the styles that were hard to get from the consumer side. So I’m curious just how you view availability and your plans for things like the platforms in the Ultra? And then what type of response are you seeing from wholesalers who maybe didn’t have much of that product, but presumably would want some at some point looking forward?
