Richard McPhail: I think it’s important to thematically just to sort of repeat the point, this stance by the Fed of higher for longer is sort of coming across in surveys. There is a deferral of larger projects. And so if you just want to zoom all the way back to the true macro here and the forces on ticket that we’re watching, that’s probably the largest macro for us.
William Bastek: That’s right.
Operator: Our final question comes from the line of Dean Rosenblum with Bernstein.
Dean Rosenblum: My question is about the Pro and really just understanding the performance of the Pro relative to the comp overall and then splitting that out between store sales to Pro versus complex project sales to Pro. So just to make sure I’m understanding, you put up, call it, a negative 3% comp. DIY and Pro, very close to one another, U.S. slightly worse than Canada and Mexico. So I’m assuming U.S. Pro, call it, down 2%, 2.5%? And then can you just either verify or correct that. And then can you characterize Pro sales in the store relative to Pro sales outside of the store through the outside sales force and the CFCs?
Richard McPhail: Well, taking your last part first, it’s an ecosystem like Ann said. We’re actually not we don’t have goals or targets with respect to the separation of store and delivered sales. The point is actually lifting all sales. And that’s what we’ve seen consistently in every market where we’ve rolled out capabilities. Originally, we worried, okay, our delivered sales is going to begin to cannibalize the store. The opposite has proven true. And so we are progressing in a way that we’re pleased. With respect to your first question, factually, the Pro did outperform the consumer in Q3, albeit at the narrowest margin we’ve seen in quite some time. If you actually normalize for commodity impact, the Pro was essentially flat for the quarter.
Dean Rosenblum: Okay. Great. And I guess my follow-up would be when you guys measure big project versus small projects, can you just clarify for us how you’re determining what constitutes a big project versus a small? Is it like transaction size over $1,000? And if you could clarify that for us, that would be great.
Richard McPhail: We infer from category sales and from class sales. When you look at categories that are more likely to sell at higher volumes in larger projects, kitchens, flooring, millwork to an extent, we are doing some inference. We also ask our customers what they’re seeing and what kind of projects they’re working on. We use external survey data that tells us that the nature of projects is kind of shifting from larger to smaller. And so it’s a triangulation.
Operator: Ms. Janci, I’d like to turn the floor back over to you for closing comments.
Isabel Janci: Thanks, Christine, and thank you, everyone, for joining us today. We look forward to speaking with you on our fourth quarter earnings call in February.
Operator: Ladies and gentlemen, this does conclude today’s teleconference. You may disconnect your lines at this time. Thank you for your participation, and have a wonderful day.
