Hale Holden: Thank you very much.
Operator: Thank you. And our next question comes from the line of Carla Casella at Morgan. Please go ahead. Your line is open.
Carla Casella: Hi. I’d like to focus on the debt paydown. And just wondering what’s the debt that you paid down in the quarter and after all term loan? And is that what you expect to target going forward? Or would you look at back bonds as well given that they’re trading at a discount?
Mark LaVigne: Yes. It was all term loan so far this year. I mean, we’ll continue to evaluate what’s the best option for us to pay down going forward, but we’ll continue, I think, to go after that term loan as much as we can over the next couple of years.
Carla Casella: Okay, great. Thanks.
Mark LaVigne: Thanks.
Operator: Thank you. And we currently have one further question in the queue. [Operator Instructions] And that next question is from Lauren Lieberman at Barclays. Please go ahead. Your line is open.
Lauren Lieberman: Hi, I’m sorry, I’m actually all set because I was going to ask about the incremental distribution and the outlook in the back half, but you end up answering it. So I am all set. Thank you.
Mark LaVigne: Great. Thanks, Lauren.
Operator: No problem. And we had one further question coming and that’s Brian McNamara at Canaccord Genuity. Please go ahead. Your line is open.
Brian McNamara: Hi, guys, thanks for taking the question. I believe that you expected flat year-over-year volume pretty much throughout the year when — with Q4 earnings back in November, excluding the impact of the earlier holiday shipments in Q1. Is that still the case broadly for the year?
Mark LaVigne: Yes. We’re still looking for the full year to be roughly flat from a volume perspective. I think if you look at it, obviously it was down about 700 basis points in the first quarter. We expect it to be kind of flattish in Q2 and then see a turnaround in the back half of the year to get us back to flat.
Brian McNamara: Great. And then secondly, on debt paydown. You guys have paid down a good amount of debt over the last several quarters. It’s kind of the sticking point with any investors kind of we speak to kind of get involved in the name that aren’t already. I’m just curious, is there anything guys can do to kind of hasten that process, whether it be divestitures of maybe smaller brands, things like that that you’re considering that’s on the table?
Mark LaVigne: No. I think we’ll continue to focus on the operational performance. So back at the end of ’22, we started to talk about Momentum. We really went after working capital as part of that. We’ve been able to generate significant cash flow over the last six quarters through operations. I think we’ll focus there and then we’ll continue to look to pay down debt going forward as our primary capital allocation.
Brian McNamara: Thank you. Best of luck.
Mark LaVigne: Thank you.
Operator: Thank you. And currently there are no further questions in the queue at this time. So I’ll hand the floor back to Mark for the closing comments.
Mark LaVigne: Thanks everyone for joining us this morning. Hope everyone has a great rest of the day, and thanks for your interest in Energizer.
Operator: This now concludes the conference. Thank you all very much for attending. You may now disconnect your lines.
