Mark Worden: You know, Mitch, we typically give information on how the quarter’s starting when it’s relevant to the overall, so we don’t shy away from doing it, but it really is immaterial, whether it’s positive or negative, at this point in time. We really will start to see it the day after Thanksgiving – that’s when the real dollar sales start happening, so the trend right now is not relevant to our guidance.
Mitch Kummetz: Sure. Then on merch margin–or I should say gross margin, I think you’re saying 37% for the year. I’ve backed into something that’s kind of in the high 37 range for Q4, which would be up, like, 850, 900 basis points on a three-year, if that would be an improvement over what the trend has been through the early part of the year. Can you talk a little bit about that, and maybe also in the context of how you’re thinking about promotional activity in the fourth quarter?
Kerry Jackson: Mitch, you’re correct in those numbers. The way we’re looking at it is that–you know, Carl talked about how we expect it to go from athletic to non-athletic in the fourth quarter, so I have a higher penetration of non-athletic. We drive a higher merchandise margin on our non-athletic part of the business. We also, as I mentioned earlier, that we’re seeing our supply chain costs and our leverage of our BD&O come into play, so now we’d expect to see at the low end of our guidance leverage on our BD&O, slight leverage in Q4, which here again helps that overall gross profit margin.
Mitch Kummetz: Okay, that’s helpful. Just a few last things. Carl, on the athletic business, I think you said it was, like, down in the 20s on a year-over-year in the third quarter. Can you maybe speak to how constrained you were in athletic on the inventory side and how that’s changing for Q4, and how that might impact your outlook for athletic in Q4?
Carl Scibetta: Sure Mitch. Early in the quarter as we came through those big back-to-school early weeks, deliveries were a bit late, so scrambling on getting product in those big weeks hurt us a bit. As we moved into later in the quarter, our inventory was much more in line and today, with October deliveries setting us up for holiday, our inventory’s in the best shape from a freshness, fashion and quantity standpoint that it has been throughout probably the last year, so we feel pretty good that with a lot of consumers out there, we’re going to get our share.
Mitch Kummetz: Can you also remind us how challenged you were on the boot inventory last year in the fourth quarter? If I recall correctly, there were a fair amount of things that didn’t actually ship until the–or you didn’t maybe get receipts until the first quarter.
Carl Scibetta: Yes, exactly. Boot inventories were down significantly last fourth quarter. I would say a quarter of the boot inventory didn’t hit in time to really take advantage of it during the meat of the season.
Mitch Kummetz: Okay, and then just a couple last things. We’ve kind of gone through a lot of vendors reporting earnings the last month or so, and some of them have talked about excess which has resulted in some cancellations. Others have talked about offering some of their wholesale partners discounts. I’m just wondering, Carl, if you’re seeing any good deals out there on inventory as maybe some retailers are working through some excess, and if that’s having any impact on the margins in the fourth quarter if you are bringing in some good deals.
