Joe Altobello: You read my mind with respect to my next question. So, with a follow-up to that, maybe some thoughts on the relationship that you have got now with Camping World and perhaps opening additional stores like the new Grand Design stores that you have now in Green Bay.
Michael Happe: Yes. Let me start with more of the historical relationship with Camping World that we have had in our Winnebago-branded business. We have done business with Camping World through the Winnebago brand for many years. Mostly on the motorized side, but off and on, on Winnebago Towables as well. And we continue to do business on the Winnebago side in dozens of different locations and have a healthy relationship with Camping World there. Not all of those locations are full-line locations. They carry select models of the Winnebago Motorized line. And we have had some productive conversations with Camping World around the Winnebago Towables line as of recently at the Open House event in Indiana a few weeks ago. You did reference the Grand Design Camping World store.
We recently co-opened an exclusive Grand Design store with Camping World in the Green Bay, Wisconsin market, looks fantastic. I think the grand opening was this past weekend, and that is an opportunity for us to influence more of the customer experience in an exclusive store format working with the Camping World team. Admittedly, this is Grand Design’s first location with Camping World since the inception of that brand. And we are having some discussions about possible other markets. But we will be very selective in our conversations with Camping World and really kind of take it in a crawl-before-we-walk style to make sure that this is a productive relationship. Just so you know, but also any stakeholders listening to this call know, our relationships with our dealers are not focused solely on sales.
They are also focused on the complete experience for our customers and especially how our customers are cared for in the aftermarket. So, any expansion with any dealer includes a conversation on the service side as well, where we need to get comfortable with both the OEM and the dealer taking care of the customer at a high level. And so that conversation is definitely a part of any Grand Design expansion discussions with any of their retailers, including Camping World.
Joe Altobello: Got it. Thank you, guys.
Operator: Thank you. Our next question comes from Tristan Thomas-Martin with BMO. Your line is open.
Tristan Thomas-Martin: Hi. You gave us some kind of guidance for motorhome EBITDA margin short-term. How should we think about towable margins and then kind of by extension of that, the ASP decline down mid to high-single digits? Could you quantify what type of headwind that is on your margin profile?
Bryan Hughes: Yes. We think we will be able to – even with that kind of a reduction to ASP, Tristan. It’s really tied to, in many regards our ability to manage the cost equation as well, including the cost inputs or the deflation. So, I don’t want to convey that we are anticipating giving up margin as we ease some of those ASPs. I think with the initiatives we have in place, including the product initiatives that Mike already alluded to that we are introducing great new products and continue to expect those to be differentiated versus competition as well as the other cost initiatives that we have on an ongoing basis that we will be able to continue to see towables margins in the range that we saw here for Q4, plus or minus a reasonable amount here, you keep them in double-digit as we look forward, both in the near-term and long-term as well as the volume starts to recover and the leverage impact of higher volume should provide that tailwind as well that will help us continue to generate really strong margins in the towables business.
Tristan Thomas-Martin: Okay. Got it. And then are you – what are you getting – are you seeing anything in terms of supply or support as you are trying to address affordability and bring down pricing?
