Carl Scibetta: We take advantage of opportunities when they’re presented to us and they make sense. I would say there’s no more of an increase in that category than there has been in the past. There is a lot of product and people, both vendors and retailers, are re-flowing product as we move through the remainder of the fall season and all the way into first quarter, but it really is–it’s really based on category, Mitch, on where those overages are. But we don’t see a big increase in promotional activity, either from opportunistic buys for the fourth quarter or having to dump inventory because of problem inventory.
Mitch Kummetz: Okay, and then lastly, Mark, on the loyalty, I think you said that now Shoe Carnival and Shoe Station are integrated and customers at either banner can use points to redeem on the other banner. I’m curious what you’re seeing, like first of all, when exactly did that happen, and I’m curious to see what you’re seeing on the Shoe Station side as a lot of Shoe Carnival customers become aware of Shoe Station and the different product assortment being offered there.
Mark Worden: Yes, we’re thrilled, Mitch – 31.5 million customers across two banners, up over 35% for three years, so we have a critical mass now to market cross-banner, cross-geographies, cross-price tiers and assortments. It’s too early to really share anything insightful as it just happened towards the end of Q3, but we’re getting that data in hand of over a million Shoe Station customers now and we’ve learned what we hope to have learned when we acquired them – first, they’re a highly affluent customer, second they’re a suburban customer, and third they’re coming from geographies across the markets where Shoe Carnival largely does not compete and was a space we wanted to enter. That’s allowing us to figure out how to move quickly from our current store count, as I shared, to our aim to have over 100 stores open by that ’26 to ’28 time horizon.
Lots more to come from this, a lot more long-term sales, a lot of cross-merchandising, and we’re really just at the first pitch of the first inning of leveraging all of the upward sales and profit opportunity from this new integration.
Mitch Kummetz: All right, thanks guys. Good luck for holiday.
Mark Worden: Thank you.
Operator: The next question comes from the line of Jim Chartier with Monness Crespi Hardt.
Jim Chartier: Good morning, thanks for taking my questions. First, I just wanted to ask–you know, last quarter, I think you said Shoe Station would be 10% above your initial sales expectations for the year, and now it looks like it could be a little bit lower than that, so just any color around the reduced outlook, at least at the low end there?
Mark Worden: Yes, hi. It’s Mark. I would just say we’re widening the aperture. It’s still expected to beat all of our expectations. Profits are coming in strong, we’re finalizing our supply chain integration right now and really starting to leverage merchandising insights to drive for higher profitability, so we’ve widened the aperture to take account for any minor changes that go through the supply chain during this moment in time in Q4. Either way, we’re guiding to beating the original $100 million and 10% operating profit by the mid singles to low double digits, just widening the range a little, not lowering.
Jim Chartier: Okay, makes sense. Then what’s the launch date for the ecommerce, if you have one?
