“Many of these price increases in the second round are being executed in September and October.”

In context

“incremental price increases that will flow through the balance of the year, or has most of the pricing that you need in terms of what's in your plans been implemented? And I guess what I'm really driving at is are we going to start to see -- would we expect to see more of a shift to volume contributing more to the organic sales growth as we move through the back half of the year and less of incremental pricing? Andre Schulten: Good morning Bryan. I can't speculate or give you an answer on future pricing. We adjust in the execution of the second pricing round for many of our brands. We took pricing on all our categories in the last fiscal year, covering about 80% of sales. We're now in the second round covering about 85% of sales and that's what we see flowing through in the first quarter. Many of these price increases in the second round are being executed in September and October. For the future, we will continue to observe where our cost headwinds go where foreign exchange rate goes. It's a very dynamic environment. We will continue to carefully balance innovation, pricing, and productivity. Bryan Spillane: Thank you. Operator: And your next question comes from the line of Kaumil Gajrawala with Credit Suisse. Kaumil Gajrawala: Hey everybody. Good morning. Can you talk a bit more, maybe just give us some more details on what's driving some of these cost increases, especially as we're starting to see a lot of commodity costs start to roll over, doesn't feel like you're discussing it kind of impacting your P&L yet. So can you just give us some more details there? Andre Schulten: Yeah. Good morning, Kaumil. Look, the commodity cost increases are broad-based and differ”