I’m thinking probably, yeah. There’s always a market of customers who are fitting a kitchen for the first time, but I doubt it’s enough to sustain the expectations they built off the launch sales. They have other brands under their wing but I don’t think pyrex sales are high enough to subsidize the huge amount of licensed re-skins instant pot has been putting out to, as you put it best, people who already own instant pots.
I’m thinking probably, yeah. There’s always a market of customers who are fitting a kitchen for the first time, but I doubt it’s enough to sustain the expectations they built off the launch sales. They have other brands under their wing but I don’t think pyrex sales are high enough to subsidize the huge amount of licensed re-skins instant pot has been putting out to, as you put it best, people who already own instant pots.