Unidentified Analyst: Great. Thank you.
Operator: Thank you. Next question comes from the line of Brian Lee with Goldman Sachs.
Nick Cash: Hi everyone. This is Nick Cash on the line for Brian Lee. Just had a quick question regarding destocking. It seems that you guys still are having some destocking issues in Canada but I just really wanted to know can gauge how you guys are seeing the rest of North America and the rest of the world? And if you have any visibility on being fully destocked in 2024 in any of these other markets? You also mentioned buyers being a little bit more cautious and that’s I guess the new base case? Or do you happen to see or expect any restocking period that could possibly be a tailwind going into 2024? Thank you.
Kevin Holleran: Yes. As I would say, we’ve made great progress through September. There are still maybe some particular channel partners or even some regions, you mentioned Canada, where there’s still some recalibration needing to occur. But we feel really good at the close of the seasonal year being September the progress that was made. The normal inventory flow because of the early buy or the winter stocking programs is that, you work down inventory through Q3 and then Q4 and Q1 are normally restocking periods and then work that inventory off through Q2 and Q3 as the markets are open everywhere. So that’s really what we’re seeing around a destocking standpoint. I forgot the second part of the question.
Nick Cash: Going into ’24?
Eifion Jones: I think when it comes to the rest of the world, it’s a bit of a wait and see. Some of those markets have got a bit more macro sensitivity than our primary US and European markets. So we’ll continue to monitor that situation and work with those channel partners to get that pull-through to help them move that material through those channels, but it’s something that we want to have full visibility up until we actually step into the 2024 season.
Kevin Holleran: Yes. I mean with our supply chain capabilities, as we exhibited through the COVID experience, whether the orders come in through an early buy program or whether they’re more in season, we’ll be partnering with our channel folks to respond what we believe is best-in-class to be able to respond to the market dynamics, as they play out here into 2024.
Nick Cash: Awesome. Thank you guys. Appreciate the color.
Operator: Thank you. There are no further questions at this time. I would like to turn the floor back over to Kevin Holleran for closing comments.
Kevin Holleran: Great. Thank you. In closing, I’d just like to thank everyone for their interest in Hayward. Our business is well positioned to navigate the near-term challenges and deliver value to all stakeholders in the year ahead. This wouldn’t be possible without the hard work dedication and resilience of our employees and partners around the world. Please contact our team if you have any follow-up questions and we look forward to talking to you again on the fourth quarter earnings call. Thank you, operator, you can now end the call.
Operator: Thank you. This concludes today’s teleconference. You may disconnect your lines at this time.
