The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: John Edward Heinbockel - Guggenheim Securities, LLC, Research Division - Analyst
: So first thing, guys, maybe you can address the power of scale in this environment, right? With inflation as high as it is, should be more valuable
than ever. Obviously, but then you've got to get the product, right? So maybe talk about the ability to lean into scale. And is the benefit to come
more down the road, right, when supply is a little more readily available, is that sort of number one.
And then two, right, if you think about the opportunities, right, versus new customers coming on to your platform versus picking up new items,
right, from some of the existing players. Where is the opportunity bigger right now?
Question: John Edward Heinbockel - Guggenheim Securities, LLC, Research Division - Analyst
: And maybe a quick follow-up. You talked about volume up 2.5%, right, which would include new customers. Is there any way to tell on a comp
basis what volume or cases are doing? And is it possible if inflation stays elevated that volume could be, I don't know, flat to down on a comp basis?
And I guess as long as drop sizes up, that would really impact the economics right off the drop.
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