Mike Longo : Well, thanks for the question. I think we’ve weaved that answer into our script ,as well as hopefully the thinner of the answers to the questions that you’ve asked today. Certainly, no one puts guidance out there and expects to miss it. So our modeling and our forecasting and all the things that we believed going into the year, we continue to believe and we’re trying to hit it right down the middle of the fairway. We’re not trying to be conservative, we’re not trying to exaggerate. We’re not trying to poke the stock price. We are trying to give you a range that we think is within reasonable estimates. When we entered Q4, we had a lot of confidence. By the end of Q4 we were going to the systematic SG&A review for a reasonable, because we wanted to make sure that we can deliver on our commitments to this year.
We believe that our estimates and our guidance are reasonable. They’re within a reasonable range. No one’s happy about the performance. We put in writing, and we said again that we had high goals. I think you would prefer us to be someone who is attempting to attain those high goals, we’ll continue that. The guidance we put forth in for the future for FY’24 is believable, reasonable, and something we’re going to deliver on because that’s our commitment.
Sam Poser : I guess, Mike. Thank you, and I think my question really is the way you approach it this year versus the way you approached it last year. Are you taking sort of a more €“ I would say, are you talking a less optimistic. Are you taking a less optimistic outlook that you did. Again, if all things being equal than you did a year ago, that’s really the question or have you approached it differently. If you felt the same way you did last year. So this year, you did this time last year. I gather, you probably would’ve guided a little more aggressively a year ago. And so, I’m just trying to understand how things have changed with the way you’re looking at things internally now versus this time last year. How are you delivering messages?
Mike Longo : I think these €“ we are delivering messages in a similar fashion. You would note that the range of the guidance would be lower than you would have expected, right. So why? Because the situation has changed and the lack of clarity around the consumer has changed somewhat. So we’re operating a macroeconomic environment that’s a little different this year. So we are being more conservative this year.
Sam Poser : All right, okay, thanks very much. I Appreciate it.
Mike Longo: Thank you.
Operator: Thank you. There are no further questions at this time. I would now like to hand the call back over to Mike Longo for any closing remarks.
Mike Longo : Thank you for everyone attending today. Thank you to the management team. Again, thank you to our teammates to make all of it possible. We look forward to sharing with you in the near future of our Q1 results as we continue to invest in our business. We continue to invest in financial capital, human capital, and most importantly the consumer experience, both online and in stores. And that’s the thing that we’ll continue to focus on going forward. It’s the thing that delivers the results and the thing that’s uppermost in our mind. So thank you again, and we look forward to speaking again soon.
Operator: Thank you. This does conclude today’s teleconference. We appreciate your participation. You may disconnect your lines at this time. Enjoy your weekend!
