Robert Moskow: Okay. So, is it premature to start [Technical Difficulty] dicing it up by quarter? And just — should we just think of it as the second half, or can we say third quarter half as well?
Bernadette Madarieta: Yes. No. I would just think of it as the second half of the year.
Robert Moskow: Okay. Got it. And then my other question, and it’s — I was hoping you could give a little more color on like what percent of your contracts come up for renewal seasonally? And also, as it relates to, like, I think a lot of the industry is on three-year contracts instead of one. So like, how much is up for grabs in the next three to six months, just roughly speaking? Is there a way to quantify that?
Tom Werner: Yes. Sure, Robert, in our remarks, we got about 20% in play. We feel confident about where we are at, where we are at in those discussions, how things are progressing for us this year. So, we will get through all that over the course of the rest of this year. And at a later time, as we always do, we will give some color on what we’ve got coming up in terms of contracting for our next fiscal year and how that’s progressing. But, right now, we’ve worked through most of it. Feel good about where we are at. Obviously, it’s all baked into our guidance. We have 20% in play. Feel good about where it’s at. Commercial team is executing at a high level, great discussions and more to come on that. And then, the next — like we do usually in our July call, we will talk about what’s coming up for contract renewal in the next fiscal year.
Robert Moskow: Yes. Sorry, I was on the Conagra call. So, 20% in play, and does it all kind of adding up in the first [Multiple Speakers] pardon me.
Tom Werner: Nothing.
Robert Moskow: All right.
Dexter Congbalay: That’s fine. No problem.
Robert Moskow: Is it all in the first half or is it, like, seasonally or is it just like kind of spread out across the year, this year?
Tom Werner: Typically, it’s — we start late spring through early fall when we start the contracting discussions.
Robert Moskow: Early fall. Okay. All right. Thanks so much.
Bernadette Madarieta: Thanks, Robert.
Operator: We will now take our next question from Johnny Shamir with Barclays.
Andrew Lazar: Great. Thanks. Hey, guys. It’s Andrew Lazar. Hope all is well. And I joined late as well. So, I apologize if some of this was covered. But, I think, Tom, I remember — I think, last quarter, you started to talk a little bit about the planned sort of pivot, right, to a little bit more of a focus on profit dollars going forward as that’s the way you obviously grow the business and you’ve had the significant margin recovery, you know, kind of, much of which has already taken place and that kind of makes sense, right, as you think about what you are looking to do. But I think there was some confusion and maybe some might have taken that to mean that, you know, as you move towards profit dollars that somehow you were expecting, you know, sort of ongoing or structural margin erosion going forward as some of the new capacity comes online and you know that you would have to sort of go after lower-margin business somehow to, you know, fill that capacity.
I was just hoping you could maybe and maybe you’ll get into this a lot more obviously next week, but maybe just to clarify a little bit of that, because I do think there was some confusion around that. You know, I logically understand, right, the shift now that margins have kind of recovered to much more of a profit dollar focus. Thanks so much.
