“Well, as the pricing normalizes year-over-year, you will see the units reflect in that as we get towards a more rational state that we had in the back half of last year.”

In context

“about, Richard mentioned in his previous comments, we do anticipate the greatest pressure from lumber in the first half. For the total year, we think lumber deflation impact to the comp is about 100 basis points. Now with that, we are seeing strong unit movement across plywood, dimensional lumber, PT decking, it’s 220 basis points, as we mentioned in Q1, another 120 basis points roughly in Q2, which is in the guide. And then we don’t expect a material impact from lumber for the back half of the year, but still seeing really strong unit performance in that categories I called out. Steven Forbes: And so maybe just – so you do expect unit volume to improve in the back half, or what is sort of the trajectory of unit dynamics, right, with lumber specifically implied in the guide? Billy Bastek: Well, as the pricing normalizes year-over-year, you will see the units reflect in that as we get towards a more rational state that we had in the back half of last year. Steven Forbes: And then just a quick follow-up, any sort of preview of what we should expect at the upcoming Analyst Day? I think you made a comment before potentially about speaking to 2024, but I wasn’t sure if you can maybe clarify any sort of previewed thoughts on what we should expect to hear at the Analyst Day? Isabel Janci: Thanks for that question, Steve. I think what you will hear us talk about is the updated TAM that we will lay out for you, our growth opportunities to go after that TAM and a little bit more about why we are so excited about the sector and the business. Steven Forbes: Thank you. Isabel Janci: You’re welcome. Operator: Thank you. Ms. Janci, I would now like to turn the floor back over to you for closing comments. Isabel Janci: Thanks Christine and thanks everybod”