“Yes, we do expect our operating cash flows to be stronger this year.”

In context

“cting double-digit growth each quarter. We have not given any color on what to expect from an adjusted EBITDA standpoint on each quarter. I think that if you’re asking just from a modeling standpoint, you could probably just take what that EBITDA margin rate is, kind of peanut butter it across the quarters and then you can kind of true that up as the quarters come in. Rupesh Parikh: Okay, great. That’s helpful and then second, just on operating cash flows. I know this year there’s a heavy investment in inventory just given some of the supply chain challenges out there. I believe also we should use within that number as well. Any color on your expectations for operating cash flows this year and whether you expect inventory to be another investment in the upcoming fiscal year? Mandy Fields: Yes, we do expect our operating cash flows to be stronger this year. To your point Rupesh, we did have a big build up in inventory. It was a planned buildup as we had talked for several quarters just to navigate through the supply chain environment. So we don’t anticipate having to make that same level of investment behind inventory on a year-over-year basis. So you should see some improvement in operating cash flows this year. Rupesh Parikh: Okay, great. Thank you. Mandy Fields: Yeah. Operator: Your next question comes from Jon Andersen with William Blair. Please go ahead. Jon Andersen: Hi! Good afternoon, everybody! Two quick ones from me. One, on the comments in the prepared remarks around willingness to add additional brands to the portfolio, I know you’ve been talking about this for a while and have actually executed on this through acquisitions and”