Nick Zarcone: And on the revenue side, Scott, all of our regions showed good organic growth, positive organic growth in the quarter, which is terrific. Particular bright spots included actually Central and Eastern Europe, where we saw some good growth. Our private label product saw excellent growth during the quarter. And all the other regions were in and around that 4% on a same day basis plus or minus a little bit. So again, it was good consistent performance across the platform.
Scott Stember: Yes. And just one final follow-up. I know you guys are not going to be breaking out, Uni-Select going forward within wholesale. But just trying to get a sense of how the mechanical repair side of the business trend, just trying to get a sense of the market, how things hold them up and at least internally are sales growing?
Nick Zarcone: You’re talking about the bumper to bumper business that we have up in Canada, Scott?
Scott Stember: Yes. Yes, correct.
Nick Zarcone: Yes. So the progress on bumper to bumper has been very positive. There’s been a few tuck-in acquisitions that we’ve worked on taken from 3 steps to 2 steps. We’re very pleased with what the team has done on the integration side of that business as well. And we’re starting to see some of the opportunity that we’re actually working together, right, between the hard part side of the business and how we can work a little bit better together. We’ve talked about it before that that business is Canada is really the only place that we do everything that LKQ has the power of doing and we’re starting to see that power of LKQ up in Canada. So, it’s been good progress. Justin, I don’t know if you want to expound a little bit on bumper to bumper as well?
Justin Jude: Yes. No, I mean obviously we’ve done some tuck in acquisitions. We’ve gotten those integrated pretty well. The team is doing well on getting into the LKQ family. I would say overall in North America, the mechanical is up. So we’re only in aftermarket hard parts in Canada with bumper to bumper, but if you look at the major mechanical that we had through our used and our remanufactured in the U.S. and in Canada. We saw an increase in VMT and VMT typically relates to more maintenance and repairs on the mechanical side. So we saw an increase in our engines, transmissions both on the used and the reman side. So overall, the business on the major mechanical and overall mechanical is doing well in North America.
Operator: [Operator Instructions] We have the next question from Bret Jordan with Jefferies.
Bret Jordan: On the North American business, I guess to take a little deeper dive, I think you call out weather, but I guess historically, I think 2017 was a warmer winter and I don’t recall as much impact. So could you maybe bucket the negative from the Panama Canal issue, maybe the positive from State Farm having gotten into the space year-over-year? And then if you could give us any color on alternative parts penetration, is there any negative shift there?
Justin Jude: Yes. Once again, overall, I mean, from the stats that we can see externally, we think it’s mostly contributed to weather. I’m not sure I don’t have the facts in front of me from 2017. Other things that we hear that caused some of the repairable claims being down, I mentioned such as skyrocketing insurance rates, plunges in used car pricing. We did see an uptick in ATU driven by length, I think a lot primarily by State Farm. Anytime when the carriers are looking to save money, they’re going after recycled parts or aftermarket parts. And so on a year-over-year basis, Q1-to-Q1, we did see an uptick of roughly 200, I can’t remember the exact number, but 260 bps improvement in APU. So market share gained on the APU side.
Bret Jordan: Okay. And then your comment about a 2017 around 17% full year for North America. Is that run rate of 2017 or getting the full year to 2017 and sort of catching up from the miss in Q1 and being above that at some point in the year?
Rick Galloway: Yes, Brett. We expect to be 17% for the year, not a run rate. So we’ll catch up that we believe we’ll catch that up and be around that 17% that we talked about 60 days ago or so.
Operator: The next question is from Ryan Brinkman with JPMorgan.
Unidentified Analyst : Hi, good morning. This is [indiscernible] on for Ryan Brinkman. Thanks for taking our question and best wishes for your retirement, Nick. Could you just give us a sense of the underlying drivers of the 2024 organic parts and services revenue growth guide in terms of contribution from volume versus pricing? And any color on how these assumptions have changed versus the prior guide earlier this year? Thanks and I have a follow-up.
Nick Zarcone: Yes. So I’ll take a stab at that. So overall, we did lower the organic guidance due to the revenue miss that we had in Q1 related to the repairable claims. We’re pleased with where the growth was in our European operations. On an organic per day basis, we’re over 4% on growth. So, we’re very pleased with where we’re at on that. Most of the growth that we have between the 2.5% to 4.5% is the new kind of line that we put in the sand from this guide. We expect most of that to be a volume piece. There’ll be minimal pricing impact, but there’ll be some pricing impact, but it’ll probably be overweighted on the volume piece.
Unidentified Analyst : Understood. That’s very helpful. And just as a follow-up to Bret’s question, just wanted to get a sense of how you are thinking about the impact from unfavorable cop up dynamics over the next couple of years as fewer vehicles fall in the 40 year old 4- to 6-year old sweet spot as we anniversary the pandemic and ship started in new vehicle sales form?
Justin Jude: You said unfavorable I didn’t catch the word after unfavorable mid midway through your question.
Unidentified Analyst : Just on the car parc dynamics, like, you know, we have fewer 4- to 6-year old vehicles in that sweet spot for LKQ. So just wondering how we should think about the impact from a volume perspective there?
