Sonida Senior Living, Inc. (NYSE:SNDA) Q4 2022 Earnings Call Transcript

So we are going to be very focused on really delivering the value for our residents, because we believe that supports the higher priced product. And then on the kind of the expense management side, continued benefit and improvement and stability on the workforce labor cost front will also benefit us. And so, I’d say that, we are very focused on continuing with the plans that we have in place to deliver incremental and accelerated improvement on the margin front and I think our teams are excited about 2023 and especially coming out of a winter where we were able to hold occupancy and not see the impact of the traditional seasonal impact on senior leaving. So we feel like we have got a good jumping off point for where we need to be for the rest of the year.

Unidentified Analyst: Okay. Great. That’s very helpful. Thank you again.

Brandon Ribar: Thank you.

Operator: There are no further questions in the queue. I’d like to hand the call back to Brandon Ribar for closing remarks.

Brandon Ribar: This concludes today’s conference call. Thank you all for participating and we will speak with you all again soon. Take care.

Operator: Ladies and gentlemen, this does conclude today’s teleconference. Thank you for your participation. You may disconnect your lines at this time and have a wonderful day.