So I am just trying to get a sense as to like why you wouldn’t want to basically take a little bit more given where the input cost complex is? Thanks.
Steve Voskuil: Yeah. I mean, we will take — those are all the kind of considerations that we look at when we think about 2024 and beyond. And again, we look at the whole P&L, we look at market share, we look at what competition is doing. And clearly, we look at commodities and where we think they are headed. And so I don’t want to get more specific on the construct of the 2024 plan, but those are the kind of things we will consider. Again, we have navigated this before. We have got a lot of levers at our disposal. Pricing and revenue is reset just one of those levers and it will be interesting to see what happens in the cocoa and sugar market. I do think in those cases there’s still a lot of speculation. And again, our hedging strategy gives us an element of smoothing and protection to a degree to that.
But we will be watching to see how these markets hold up, because they are at pretty high levels atypically and it’s not driven by fundamentals to a large degree.
Rob Dickerson: Okay. Fair enough. And then just quickly, the comment on Halloween should be very strong. Michele, you said plenty of candy, it sounds like Halloween seasonal sales expected to be up double-digit. So I am just curious, like, why do you think Halloween will be so strong this year, number one? And then number two, I think, last year you did have some benefit from early shipments, so I just want to make sure there aren’t quite earlier shipments coming? That’s it. Thanks so much.
Michele Buck: Sure. So we get a lot of visibility to the seasons, because we plan with customers in advance relative to needing to build inventory for the season. So we have a lot of good visibility in terms of what is being bought and we have very strong programs to drive sell-through. So that gives us a lot of confidence. We know that during difficult economic times, consumers are particularly interested in enjoying kind of the simple things in life, like these seasons, like Halloween and so that’s another kind of tailwind of focus relative to our conviction and why I think we and our customer partners really want to lean into Halloween.
Rob Dickerson: Okay. Fair enough. And then on the shipment side, it doesn’t sound like there’s any delta there relative to the year ago?
Steve Voskuil: No.
Michele Buck: No.
Rob Dickerson: All right. Super. Thank you.
Steve Voskuil: You bet.
Operator: Thank you. Our next questions come from the line of Chris Carey with Wells Fargo Securities. Please proceed with your questions.
Chris Carey: Hi. Good morning, everyone.
Steve Voskuil: Good morning.
Michele Buck: Good morning.
Chris Carey: So just a question kind of clarification around salty. We have seen some deceleration in consumption, namely volume in recent scanner data. And I am just trying to understand and apologies if this has kind of been addressed in some form, but just to clarify. Was any of that because of lack of supply because of a shift in promotional programs? Said another way, as supply ramps in Q3, it sounds like there’s some shift in promotional programs, would you expect the consumption trends? I realize what you are saying about your reported results in Q3 and Q4, but would you expect consumption trends to pick up or is what we are seeing perhaps more indicative of underlying demand? So I just want to maybe understand how you think about the balance of those things?
Michele Buck: Yeah. So promotional declines did drive that deceleration, and yes, we do expect that to pick up in Q3 going forward.
Chris Carey: Okay. That’s helpful enough. Thanks so much.
Steve Voskuil: Thank you.
Operator: Thank you. Our next questions come from the line of Bryan Spillane with Bank of America. Please proceed with your questions.
Bryan Spillane: Thanks, Operator. Hey. Good morning, guys.
