Louis Pinkham: Yeah. So from a revenue perspective, it — we do believe there’s going to be continued pressure on destocking in Q2, but no worse than what we are seeing in Q1. And again, that’s why we are guiding to flat overall sales sequentially Q1 to Q2. Now from a year-over-year perspective, I will remind you that from a stacking perspective, the stack here is a compare of 40% growth on a two-year stack in 2022. And so 2023 Q2 is a tough compare. But, yeah, right now, we are not seeing any further deterioration. We are saying that yet, there is some destocking still to go and that will allow us to clear it out in Q2 and in Q3 start to see some return to normalized revenue levels.
Rob Rehard: And from a margin perspective, sure, we have absolutely see that the first half is heavily weighted by the volume that we are seeing that decline in volume, but also that the year-over-year impact of the cost roll hitting in that first quarter. But you take that out, and you are right, in the back half of the year, we would expect to see the low 20s to get to that teens level by end of year. So your math is correct.
Nigel Coe: I am glad that’s correct. And then a quick follow-on with the industrial business, so I can stick it by absence in the slides. Where are we in that divestment process?
Louis Pinkham: Yeah. I don’t think too conspicuous since it’s really only 8% of our sales and 4% of our EBITDA. But right now with regards to where we are with the strategic review, there’s not much we are ready to say at this point, we are continuing the review and expect to be able to provide an update on the process relatively soon.
Nigel Coe: Okay. Thanks, Louis. Thanks, Rob.
Louis Pinkham: Yeah. Thank you.
Operator: The next question comes from Julian Mitchell with Barclays. Please go ahead.
Julian Mitchell: Thanks a lot and congratulations on closing the deal. There’s been a lot of sort of multilayer questions, maybe one, hopefully, simple one for me. Just when I am thinking about the orders and sales, so are we assuming the orders year-on-year in Q2 are down sort of 9% or 10% similar to the first quarter and then a sort of flattish in Q4 and then organic sales down kind of low-single digits second quarter and third quarter and maybe sort of close to flat by Q4. Is that the way to think about the year-on-year for orders in the sales?
Louis Pinkham: Yeah. So, certainly, it is the way to think about it for Q2 on orders. And we are thinking about orders in Q2 to maybe a little bit more than down that 9%, 10%, maybe low-teens in Q2 and then when you start building from there year-over-year, certainly, sequential growth Q2 to Q3, Q3 to Q4 and then year-over-year, slightly down in Q3 and then up in Q4 on easier. From a revenue perspective, yeah, you profiled it maybe a little bit lighter than what we would expect. We do expect growth year-over-year in Q4 in the mid-single digits.
Julian Mitchell: That’s extremely helpful. Thank you. And then just my second question, trying to look more, I guess, at a couple of markets. One is general industries, which I think is 21% of your sales and then warehouse, which I think is about $5 million. So general industry sort of perspectives there on when did you see the destocking start, when do you think it will end? And then on warehouse, you have got some very good sort of macro numbers on CapEx growth recently, but a lot of companies’ bottom-up sounding worse and worse. So maybe update us on what you are seeing there?
