Alex Slagle: Hey, thanks. Welcome, Dave. And congrats, Andrew, Dirk and team for all the success in recent quarters, moving things forward. I just wanted to ask about CHEF’STORE and you added new locations in 2022 and accelerating it in 2023. I just wondered if you could offer some additional perspective on how that’s performing. Just kind of curious with the same-store sales look like relative to 2019? And if you’re still seeing the synergistic customer gains as it rolls out to additional markets and allowing you to really leverage the power of combining those two channels and where you see that heading over the future.
Andrew Iacobucci: Yes. Thanks for the question, Alex. It’s Andrew. We feel very good about CHEF’STORE’s progress, as we’ve continued to integrate. The acquisition system integration is basically nearing completion now which will really put us in a great position to drive the growth of that part of our business. In terms of new store openings and how they’ve sort of played out in terms of our model of driving that top line synergy between broadline and the stores, they’re playing out exactly as we had anticipated. We have a great team in place that is busily working through a way to significantly accelerate our rate of store builds. And they’ve also made some really good progress around time to break even in those new store openings both of which will stand us in very good stead as we look to roll those out more quickly across the business.
So generally, I think we’re feeling quite good about delivering the synergies that we had planned to, and also feeling good about the continued rollout as we talked about this year, trying to accelerate from six last year to eight or even more this year.
Alex Slagle: I just want to follow up on the inbound freight income. It’s been a really nice tailwind in recent quarters, and it’s all the work you’ve done optimizing the vendor allowances and carriers. Kind of curious, how much this benefit in the fourth quarter and kind of what relative to what you’ve seen in previous quarters and to the degree, you think there’s still room here to go and most of the low-hanging fruits maybe then picked at this point?
Dirk Locascio: Sure. Good morning, this is Dirk. Benefit in Q4 was pretty similar to what we saw in Q3, so not a whole lot different than I would call out. I think that the one thing in addition to, the strong vendor collaboration, that team has done a really nice job is staying very close to the market and making sure that as market rates are going up and down that we’re adjusting our sort of third-party cost, being active at that, they’re ahead of or in line with. The team continues to do that this year. So I would expect that, a lot of the bigger gain is there and it’s already embedded in our P&L. But with that said, there remains opportunity to continue to convert some cases to us managing them, whether it’s our own trucks picking them up or ranging there. So a lot of the benefit there, but still some opportunity ahead and expect a lot of those gains to be pretty durable.
Alex Slagle: Great. Thank you
Dirk Locascio: Thanks.
Operator: Your next question is from John Ivankoe of JPMorgan. Please go ahead. Your line is open.
John Ivankoe: Hi. Thank you very much. There are comments made just about significant supply chain opportunities. And obviously supply chain is kind of what drives your entire company, so that’s a very big category. A lot of the conversation has been around inbound freight and your ability to manage that much better. But I was wondering, if we could just get a little bit more insight whether it’s at the warehouse level or the driver level, your SKU assortment whatever that may be I mean, what major buckets that you see Dave, as you come into the company of opportunities of making it a more efficient business. Thanks.
