Unidentified Analyst: Okay. Great. That’s very helpful. Thank you, guys and I’ll pass it along.
Alex Amezquita: Thanks, Anna.
Operator: Thank you. Please stand by for our next question. Our next question comes from the line of Karru Martinson with Jefferies. Your line is open.
Karru Martinson: Good evening. When you look at the cost for distributor events do you feel that that’s on par with kind of what you were spending pre-pandemic, or does this represent a step up from that period as well?
Alex Amezquita: I think it represents what’s consistent with pre-pandemic particularly in the event spend. It’s a little bit more than the pandemic times. Particularly we had a pretty significant shift from events to some other types of promotional spending. So I don’t think it’s that aligned with historical run rates. And quite frankly it’s what the business needs more than anything right now. So I think it’s — as we think about where to put the spend this is I think an effective use of it.
Karru Martinson: Okay. And then have you seen the changes in the new distributor compensation start to kind of impact that sign up, or is it just too early in that process?
Alex Amezquita: Yes. So, yes. So we’ve seen — I mean it’s early stages, but we have seen positive impacts from both of the marketing plan changes that we made in February. It’s less around sign-ups. Those marketing plan changes that we made is really about motivational impacts in distributors that already have their feet wet are looking to really grow their organizations into larger substantial business. It’s really for that sort of middle distributor I would say. And so we’re seeing good signs of those impacts taking hold. It is going to be something that is going to take months if not quarters for it to really full bear fruit but we’re very pleased with the progress so far.
Karru Martinson: Thank you very much, guy. Appreciate it.
Operator: Thank you. I’m showing no further questions in the queue. I would now like to turn the call back to Chairman and CEO, Michael Johnson.
Michael Johnson: Thank you all very much. Thanks for being on this call. I get pretty excited during my presentation because we’re seeing positive trends here. We’ve got a management team and a distributor base that’s fully energized. We’ve said that before but we’re really starting to see some changes in the atmosphere here. We’re excited about the new digital platform. We’ve got some wonderful products rolling out. Our distributors our Board our investors employees super excited and aligned on where we are. These have been a tough couple of years for Herbalife without a doubt. Not in my experience have I ever seen this happen in our company, but I know and I know everybody else knows in here that we’re on a pathway to improve success in the company.
We’re on a pathway to frankly improve a lot of lives in this company. This is a super unique company. I am really excited to be back here. I said that six months ago I’m going to say it today. And probably say it again in six months. This company is just something special and we know that the best days of Herbalife are ahead of us. So thank you for being with us. We’re looking forward to seeing you next quarter. Hopefully, we’ll be here with some better numbers. It’s going to take a little patience and time, but we know Herbalife is on a path to success. So thank you all very much. Thanks for being with us and I wouldn’t be me if I didn’t say let’s go Herbalife.
Operator: Ladies and gentlemen, this concludes today’s conference call. Thank you for your participation. You may now disconnect.
