Methode Electronics, Inc. Q2 2023 Earnings Call Transcript

Gary Prestopino: Okay. And then lastly in terms of your end clients your end users. I know you talked about trying to pass on price increases there has that become any easier for lack of a better word or more acceptable other suppliers. I’ve talked to have said that they develop them amongst success of passing on some of these cost increases?

Don Duda: I think if we had our sales people in the room, they would say absolutely not. It’s difficult with any customer and where a customer do our suppliers and we’re pretty tough. So it has to be a justification and it takes a while you’re always walking a fine line between say I need to book more business. But I’m going to get pretty tough price increases. So is it easier than it was before the pandemic, I guess you could say it is because that is the customers are somewhat used to that, but it’s not, I don’t know that it’s getting any easier, we’re achieving some success, but I think we’ve had a lot of success, but we need inflation with performance the benefit of it, but I’m — I don’t know.

Ron Tsoumas: No I just if you start going into, well more than once, going a second time it gets the debt part of it makes it more delicate, that’s for sure.

Gary Prestopino: Okay, thank you.

Operator: Thank you. At this time, there appear to be no further questions in queue. So I will hand it back to Mr. Duda for any closing comments he wishes to make.

Don Duda: Well, thank you very much. I thank everyone for listening today and wish everyone a very safe and pleasant holiday season. Good day.

Operator: Thank you, ladies and gentlemen. And this does conclude today’s conference call. You may disconnect your lines at this time and have a wonderful day. And we thank you for your participation.