Operator: Thank you. Our next question comes from line of Ken Goldman with JPMorgan. Please proceed with your question.
Ken Goldman : Hi, thanks. You’re guiding to a gross margin of around 44.5% next year. I’m just curious for this coming year, what do you see as a, I guess, quote-unquote, normal level, if there is such a thing in this kind of environment? And I guess more specifically, if you can grow your gross margin by a healthy amount in an inflationary environment, is there any reason it can’t ultimately get back to 45% or above?
Steve Voskuil : Sure, again, our model is growing gross margin every year. That would be the goal. That’s really part of the growth algorithm. And so we’ve had two years where that’s been a challenge. We see that now turning for 2023 and really getting back on the algorithm. And so I would like to say it’s price and inflation agnostic in terms of the strategy. How we get there will change based on the external environment. But yes we do see restoring to gross margins that we had in the past and frankly, continuing to drive that forward.
Ken Goldman : And then, how do we think about the breakdown of sales growth and operating margins by segment in 2023? You gave a little bit there. But are there any unusual items we should be aware of for either of these segments, just as we consider our models, maybe drivers that aren’t necessarily apparent at first glance?
Steve Voskuil : Yeah, the only things that are unusual or different, I kind of go to salty, and we mentioned some of this in the remarks. Salty is going to have a strong top line. We’re expecting that. We’re also expecting to see gross margin improvement year-over-year. We saw some of that in the fourth quarter, finally seeing pricing catch up in that business a little bit to inflation. But still some room to grow. But we’ll see some reinvestment below that. And so we’re going to activate more against the brands next year. We’re going to do some capability investments between the lines to really scale up the infrastructure. And part of that infrastructure is the ERP transition that we talked about in the prepared remarks. And so that’s probably the one area where I see strong sales growth, some gross margin improvement, less route through to off margin that we might see in a normal year on the back of those capability investments.
Other than that, I think the other segments are probably, pretty traditional in terms of the growth characteristics.
Ken Goldman : Thank you.
Operator: Thank you. Our next question comes from the line of Bryan Spillane with Bank of America. Please proceed with your question.
Bryan Spillane : Thanks, operator. Good morning, everyone. My question is just around the advertising and consumer spend investments. And I guess I had two questions, one in the prepared remarks. One of the things you talked about investing in is workforce. So I wanted to just understand, is that like more merchandisers and people in the field or something else? And then maybe I’ll start with that. Then I had one other follow up.
