Melinda Whittington: Yes, so I’ll take that Zach. First of all, yes, you have that right. There was a little bit of mid-quarter, kind of trend slow down, but then we were back on again. And of course, these are, you know, these are trends on our retail business, right, where again we’re playing offense to make sure we’re driving strong results. As far as, you know, how we were a couple of weeks into our new fiscal year here, you know, Memorial Day, I think for the industry, results were mixed, given overall lower traffic trends. And again, some of that is still getting back to normal seasonality. It’s always been a slower period. But I think across the industry, we’re definitely seeing the consumers slower this year. In our own retail though, you know, we felt like Memorial Day was solid, pretty much in-line with our expectations and you know, our intention is to keep playing offense and keep those comps coming in, you know, positive and ahead of the industry.
Zachary Donnelly: Got you. Thank you. I appreciate that. And then on the wholesale segment, I know you mentioned that favorable channel and product mix, kind of help offset lower delivered unit volume with product mix and channel mix, can you maybe just remind us on product whether or not upholstery or case goods, kind of helps you out there and then on channel mix as well within the wholesale? If you saw any benefit from La-Z-Boy Network of Furniture Galleries versus major dealers versus retailers outside of the network, that would just be really helpful?
Melinda Whittington: Sure. Yeah, let me clarify. When we talk channel mix, for us – the vast majority of our business is really upholstery. So, when we talk channel and product mix, it tends to be more around, are you talking about like an opening price point based chair versus are you talking, you know, a high-end you know, sofa sectional with power and leather and all those type of things. So, you know what we’re manufacturing in our wholesale business, let’s say, you know, ballpark a little over half of what we’re manufacturing is selling through furniture galleries and those tend to be, you know, higher cost product, higher value product that tend to be more upgrades, more custom, more bells and whistles added to the product, whereas the other, kind of less than half of our business that tends to sell through general dealer channels.
So, entities that sell product, you know, a variety of manufacturers, product, right? We’re one of a series of brands, those tend to be less customized, maybe more opening price point and type product. So, what we see is, when our Furniture Galleries are doing well and when our own retail is doing well, you tend to get a product mix that is the higher-end product of what we offer. Is that cleared up?
Zachary Donnelly: Yeah, that clears that up. Thank you very much. And then I know, last time we [have spoken] [ph], you kind of mentioned that you weren’t really seeing any sort of huge discounts or promotions within the furniture space and you know, La-Z-Boy themselves were keeping to more targeted promotions more so at entry price point assortments and things of that nature. Is that still the case today or are you seeing competitors become more promotional, maybe given the more volatile economic backdrop?
Bob Lucian : We’ve seen a slight increase in some promotional activity and we’ve taken some additional steps during the fourth quarter that we announced that market as it related to ensuring that we remain competitive across our portfolio of products, and how we merchandise our products to the different customers and to the different channels. So, we’ve seen a little bit of that, but it’s not a major concerning factor for us right now. We keep our eye on it obviously, but it’s not having a major, what I’ll call a negative impact on our margins and our sales at this time.
