Jay Sole: Okay. And then maybe one last one for me. Just on the promotions that you’re seeing and the consumer looking for value, last year was, sort of an exceptional year for a full price selling across the mall and this year feels like more of a normalization return to normal clearance levels, normal types of activities, not necessarily as deep promotionally as it was in 2019 and 2018, what is your sense of where the mall is at? I mean, in terms of what the promotions have gone back to? Is it more of like €“ more of like just, kind of a reversal of last year or are we really seeing like a deepening of promotions getting back to 2019 with maybe potential for more potentially if the economy is weaker next year?
Tim Baxter: I think that throughout the year, we’ve seen significantly increased inventory levels in many of our mall-based competitors that were different than our increased inventory level to be honest. We’ve talked for the past year about how we aggressively actually front-loaded receipts in the year in all of our core categories that don’t age, so that to mitigate all the supply chain challenges and be sure that we had inventory in those categories. And so, we’re seeing now that step down related to that. So, we didn’t need to pull the trigger on aggressive promotions in order to drive that inventory down. It was very strategic. In many of our other mall-based competitors, I think we saw much more aggressive promotion certainly than in 2021.
But even, I would say, as high in many cases as pre-pandemic levels 2019 because there were such cost of inventory throughout, based on all the challenges from the pandemic, all the supply chain challenges, all the reasons that there were so many inventory glut. I do think that as we move into 2023 across the industry we’re seeing much better inventory management, much more normalized levels of inventory. And I believe that’s going to allow for less promotion actually as we move into 2023 because there won’t be a necessity or promotion to actually liquidate inventory. The promotion will actually be more offensive again versus defensive. So, I actually believe that as we move into 2023, we’re going to begin to see less promotion again, a more normalized level of promotion versus the heightened level we’ve been seeing.
Jay Sole: Got it. Okay. Thank you so much. Very helpful.
Tim Baxter: Great. Thanks, Jay. The next question is from with Wells Fargo. Your line is open.
Unidentified Analyst: Hey, guys. Thanks for taking my question. Just on the , I know you’ve kind of €“ not to beat a dead horse, and I know you touched on this, but maybe looking at same-store sales on a three-year basis, it looks like they’re decelerating pretty substantially. Can you just discuss in more detail the cadence of the quarter and then perhaps what you’re seeing quarter to date from a comps perspective?
Tim Baxter: Sure. As I said, the challenges that we faced in the third quarter became more acute as the quarter progressed. So, started off much more in-line with our outlook and obviously ended where it ended, which drove the miss to the outlook that we had provided, which came primarily in the back half of the quarter. In the back half of the quarter is where we really began to see very aggressive promotions from many of our competitors. We were still staying very true to our commitment to being a less site-wide and store-wide promotional store. We did end up at the end of the quarter pushing some site-wide and store-wide promotion that was not anticipated in our outlook, which also drove our bottom line outlook miss as we reacted to the competitive environment.
