Operator: So, now our next question is in English and it came from Andrew Ruben, the sell-side analyst from Morgan Stanley. Andrew, we will enable your audio, so that you can submit your question. You can proceed, Andrew.
Andrew Ruben: All right. Thank you. I just have a quick follow-up. Thinking about the non-food categories within the converted stores, how the sales has been trending versus your expectations? And do you have any updated thoughts about perhaps adding the non-food assortment within some of the core stores? Thank you.
Belmiro de Gomes: Yes. The stores, not necessarily since the fact that there are converted stores where we have the location stores with higher income, then you have a bigger share of non-food items. It’s still very timid in our sector. It’s different than what happens in other countries where cash and carry already — like in the US, for example, with Costco, right, where you have a real high share on these kind of categories of products, but it’s also connected to our — to the level of American income. But the opportunities here really are performing the ramp up in some categories that we predominantly work with, although we had inclusion of some items that are non-food. And some of the biggest inclusions in assortment, we’re more considering the broadness of the brands and categories.
But we believe there is an opportunity throughout the year. But then this maturity strategy, it is possible that we will have some test and some trials with how to offer low prices with some non-food items as well, especially for higher income consumers, which is where we really believe there’s opportunities in these stores. But it’s a secondary focus of what we’re going to be following now on this path.
Andrew Ruben: Thank you.
Operator: The Q&A session is officially ended. And now we will pass the floor to the company to their final remarks.
Belmiro de Gomes: Well, thank you all so much once again for participating. As I mentioned, Assai has been following this path for growth. And in 2022, we have an important step towards the amount of stores, the amount of people we’re servicing in 2023. And we are still in this investment phase, right, growing and generating more jobs and our expectation for ’23, of course, has challenges obviously just like every year, but I think our team, our political scenario, the strength of our brand and all of these factors give us a lot of reliance and confidence that the company will move towards delivering results consistently regardless of adversities that we sometimes have when it comes to the market. So, we’re pretty used to handling this.
And whoever has been keeping up with the track record of the company, you’ll see the levels of stability in our numbers that we can adjust in our business model, and there is a pretty good expectations for 2023. Once again, I just want to thank all of the members, Danny, Wlamir, Anderson, Gabi, for their participation in this earnings call. Once again, I want to thank our team for their work. And I want to highlight that for 2023, we hope you will be with us in this process for growth and guaranteeing these results. Thank you so much.
Operator: The earnings call for the fourth quarter of 2022 at Assai is officially ended. The Investor Relations department is available to answer any future questions you may have. Thank you so much to all participants and have an excellent day.
