Andrea Teixeira: Thank you. My question, Tarang, is exactly what you just described and how you’re able to keep up with Power Grip and Halo Glow and even Poreless Putty Primer in the past. So in terms of like just €“ perhaps, giving us a little bit more of details on how the execution and your ability to have in-stocks going forward? And then related to that, you have a lot of white space, not only as you pointed out, the three subcategories, lip and mascaras and skin, so wondering like the cadence of that of that set up, can you give us an idea if most of these new shelf resets will carry those new products? And how the cadence as we go into fiscal ’24 will shape? Thank you and congrats again on the numbers.
Tarang Amin: Thanks, Andrea. I’d say on the first one in terms of bit more detail on how we are able to maintain such high in-stock levels. Again, it’s a credit to our team and the penetration we have with each of our national retailers supply chains. Our ability to plan with them to highlight items that we feel are going to be kicking off and then be able to take a stronger inventory position on those items. It was a couple of years ago that we did take our inventory levels up in anticipation of some of the container imbalances and that strategy served us well. We have quite a bit of credibility with our customers in terms of when they place orders for us to tell them, really almost down to the store level at a SKU level, what they should be carrying.
So I feel good about our ability to manage that. As I said, there will always be periods where we have given the viral nature of this brand items that we are chasing. But overall, I feel good about €“ and overall production plans feel really great about our ability to continue to execute upon those. And then in terms of the white space, I would say, I feel really good about the innovation we have in each of those white space categories. We mentioned in mascara, our lash and roll mascara, which is off to a great start. In Lip, our O Face Satin Lipstick is this phenomenal product at a great value. And then in skin care, already are Suntouchables Whoa Glow SPF 30, I think, is already our second best-selling skin care SKU just a few months out of the gate.
And as I look forward, I also see quite a bit in our pipeline against not only our leadership segments, but also those categories were conquesting. So very high hopes about our innovation continue to be able to not only drive leadership in the segments we have, but also conquest these new categories.
Andrea Teixeira: And if I can explore €“ this is super helpful and some of the data that you have in the Beauty Squad in particular because I understand that those would be 70% glow, I think, I understood from your presentation. Is there any metric you can say, listen, we are not only recruiting and keeping those consumers really engaged. And I think Kory had said that many times, but also recruiting new customers, right? And especially, these new premium products, you just immediately recruit people who are not even in the e.l.f. category. So, is there any metric you can help us understand if there is a new cohort that you’re getting with the Beauty Squad or even your direct-to-consumer e-commerce platform that inform us on the potential for additional customers in your base?
