Good day, and thank you for standing by. Welcome to the Nu Skin conference call. At this time, all the participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star one one on your telephone, and you will then be prompted with an automated message advising you to raise your hand. Please be advised that today's conference is being recorded. I would like now to hand the conference over to Scott Pond. Thanks, Corey, and good afternoon, everyone. Today on the call with me are Ryan Napierski, President and CEO, and Mark Lawrence, CFO. On today's call, comments will be made that include some forward-looking statements. These statements involve risks and uncertainties, and actual results may differ materially from those discussed or anticipated. Please refer to today's earnings release and our SEC filings for a complete discussion of these risks. Also, during the call, certain financial numbers may be discussed that differ from comparable numbers obtained in our financial statements. We believe these non-GAAP financial numbers assist in comparing period-to-period results in a more consistent manner. Please refer to our investor website for any required reconciliation of non-GAAP numbers. With that, I'll turn the call over to Ryan. Hey, thanks, Scott. Good afternoon, everybody, and thanks for joining us on today's call. As we've discussed with you over the past few quarters, we're actively engaged in Nu Vision 2025 and our multi-year transformation to becoming the world's leading integrated beauty and wellness company that's powered by our dynamic affiliate opportunity platform. We're making progress on our vision despite ongoing macro challenges that are causing near-term disruptions in several regions, including the extended lockdowns in mainland China, ongoing distractions in EMEA, and the economic uncertainties, particularly in emerging markets like Latin America. While second quarter revenue was lower than planned due to these headwinds, we delivered non-GAAP EPS within our previous guidance range, reflecting the agility of our model and entire team to adapt quickly to environmental challenges. In addition, we delivered our ninth consecutive quarter of growth in the U.S., driven by our recent product launches and broader adoption of social commerce, which bodes well for our future growth aspirations in this market and our other regions. We've also established some momentum in both Southeast Asia and Taiwan through our new ageLOC Meta and Beauty Focus Collagen+ product launches, and we're gaining some traction with our social commerce model in these markets as well. Over the past several months, we've continued to advance our three strategic imperatives that underpin Nu Vision 2025, including EMPOWER ME personalized beauty and wellness, affiliate-powered social commerce, and our digital-first ecosystem. These strategies support Nu Skin's transition from being identified largely by our traditional direct selling channel to being a leader in integrated beauty and wellness. We remain confident in our direction along with our ability to accelerate future growth and drive significant value for shareholders. Let me quickly update you on each of the three strategic imperatives. First, we're thrilled to be approaching the introduction of EMPOWER ME personalized beauty and wellness with our first IoT device system, LumiSpa iO. It will be introduced beginning in the third quarter with global availability later this year. Connected input-output devices are central to this strategy as we transition to a more holistic approach of providing integrated beauty and wellness solutions. By offering deeper insights into every customer's unique beauty and wellness journey, we will empower them to better understand their personal needs, which will lead to higher levels of customer engagement and improved lifetime value. This is a significant step forward as we connect with our customers in a more personal and integrated manner. We plan to follow it up with additional connected devices in 2023 and beyond. Second, we continue to build momentum in our affiliate-powered social commerce strategy led by the U.S. with encouraging signs in Taiwan and parts of Southeast Asia. Nano influencers in these markets are embracing social media and leveraging their personal brands to reach more customers in an authentic and scalable manner. While EMEA was an early adopter of social commerce, we are looking to rebuild momentum that has been lost due to ongoing distractions caused by geopolitical factors. We're also accelerating the early earning potential of social commerce for affiliates with a new global one price model. We believe this model, which we are introducing with LumiSpa iO and other select products, will promote affiliate productivity and retention. Third, we continue to advance our digital-first ecosystem by expanding the reach of our recently introduced Vera and Stela Apps. We continue to add new features and languages to our Vera consumer app that enable our EMPOWER ME personalization strategy and foster deeper relationships with our customers. We expect accelerated adoption of Vera with the upcoming launch of LumiSpa iO as customers connect to their devices via this app. The Stela app makes it easier for our brand affiliates to manage their businesses from their mobile devices and facilitates the cultivation of customer relationships through unique features like Connect, our CRM campaign tool. We will further drive Stela adoption in the second half as we enhance its feature set through the consolidation of other legacy tools. In China, we continue to invest in our digital ecosystem with the introduction of our new My Store storefront in Q3. This is an individual version of the We Shop social commerce corporate storefront we rolled out last year, which drove new customer acquisition in this past quarter. These three strategic imperatives are foundational to Nu Vision 2025 and the transformation of our company over the next few years. Next, let me share with you some additional insights on market performance over the quarter. We had the opportunity to meet with many of our top global leaders in London last May for the first time since COVID, spending time together aligning around Nu Vision 2025 and our second half goals. While we are heavily investing in our digitally enabled future, these face-to-face opportunities are critical to engaging, motivating, and training our teams. With growing global complexities, we continue to seek additional opportunities to balance our market portfolio and provide greater stability to our geographically diverse business, which will help to improve stability of our business moving forward. Mainland China continues to be very challenged, reflecting the extended impact of COVID-related factors on our selling and promotional activities. The extended lockdowns halted business momentum for several quarters now, which significantly impacted our affiliate and sales leader numbers. For the quarter, revenue was down 42% in local currency, and we anticipate ongoing uncertainty in the region through the remainder of the year. Nevertheless, we continue to invest in this market and look forward to the introduction of LumiSpa iO and My Store, both effective tools to stimulate new activity in the market as we lean further into our digital first strategy there. Hong Kong and Taiwan grew 6% in constant currency, reflecting continued strength in Taiwan as our product launches and social commerce model gather momentum. The Americas continue to be led by the U.S., where we delivered our ninth consecutive quarter of growth with year-over-year revenue up 6% atop strong double-digit growth in 2020 and 2021. We've established an effective cadence for new product launches in this market, and our affiliates continue to become more immersed in social commerce as we go. However, in Latin America, macro conditions remain challenging. We continue to believe our pathway to return to growth is tactically aligned with our approach in the U.S. market, including leveraging our Collagen+ learnings, along with the training and support to expand social commerce, adapted for local market economics, conditions there. The ongoing conflict in Russia and Ukraine continues to cause distraction and uncertainty across EMEA region, resulting in segment revenue down 31% in constant currency. We look forward to the upcoming product introductions in this region, but remain cautious in the near term given the macro environment. Japan continues to perform in line with expectations, down around 3% in local currency. However, South Korea was down 12% in local currency, due in part to lower performance in their quarterly promotions cadence. Both markets were significantly affected by unfavorable foreign currency pressures, leading to double-digit impact. Nevertheless, we're optimistic in our awaiting of LumiSpa iO that comes in the second half. In Southeast Asia and Pacific, momentum from ageLOC Meta helped drive a 16% increase in constant currency revenue. We are seeing positive trends in Indonesia and Singapore in particular, and are encouraged by the energy of our teams in these high-potential markets. Overall, with the global macro environment worsening the past few months, we expect to face continued headwinds in several regions over the near term and have adjusted our 2022 outlook accordingly. This is reflected in our revised guidance that Mark will cover in just a moment. To help mitigate the impact of these macro factors, we are taking several actions to proactively align all capabilities and resources to enable Nu Vision 2025, and to continue transforming our organization to optimize future growth and profitability, as well as maximize shareholder value. These actions will result in a restructuring event in the second half and an estimated $100 million in cost savings in the coming year. Looking toward the balance of the year, we are acutely focused on furthering Nu Vision 2025 with the introduction of EMPOWER ME personalized beauty and wellness, beginning with LumiSpa iO, and we're optimistic that momentum will begin to build sequentially throughout the remainder of this year. We continue to gain solid traction with our newest product innovations and favorable social commerce adoption across several markets, reflecting the potential of our model and the direction of our vision. Nu Skin is well positioned to capitalize on the tremendous opportunities in beauty and wellness space as we execute Nu Vision 2025 by leveraging our global brand, scalable platform, and our strong balance sheet. With that, let me turn the time over to Mark to talk through our financials in more detail. Mark? Thank you, Ryan, and thanks to all of you for joining today. I'll provide a brief Q2 financial review and then give initial Q3 projections and update full-year 2022 guidance. For additional detail, please visit our Investor Relations website. For the second quarter, we posted revenue of $560.6 million with a negative foreign currency impact of 5% or $34.6 million. The U.S. dollar continues to strengthen at a pace well above expectations, which negatively impacted Q2 and will impact the balance of the year. Reported earnings per share for the quarter was $0.67, or $0.77 when excluding an additional charge in other income/expense associated with our Q4 2021 exit from Grow Tech. Our gross margin was 73.6%, a sequential improvement over the prior quarter. Gross margin was negatively impacted by foreign currency exchange rates and increased promotions, particularly of LumiSpa devices in preparation for the launch of LumiSpa iO beginning in the third quarter. Gross margin for the core Nu Skin business was 77%, compared to 78.3% in the prior year quarter. We anticipate second half 2022 gross margin stabilization, with new product introductions that have healthy margins, along with ongoing global price increases to offset continued supply constraints and inflationary pressure. Selling expense as a percent of revenue was 39.1%, 80 basis points below the prior year period. For the core Nu Skin business, selling expense was 42% compared to 42.8%. General and administrative expenses declined $25 million year-o ver- year as we remain focused on cost control. As a percent of revenue, G&A was 25.3% compared to 23.6% in the prior year. Operating margin for the quarter was 9.2% compared to 12.1% in the prior year period, driven by the lower revenue level this year. We anticipate sequential operating margin gains in the second half of 2022 as we work towards our midterm stated goal of 13% operating margin. The other income expense line reflects an $8.6 million expense or an adjusted $2.9 million expense compared to a $4 million expense in the prior year. The adjustment in this line item is a $5.7 million unrealized investment loss related to our Q4 2021 exit from the Grow Tech segment. Cash from operations for the second quarter was $46.5 million compared to $20.7 million in the prior year. We are pleased with a $27 million reduction in inventory during the quarter, and we remain committed to strategically invest in inventory to support our supply chain and plan to further reduce inventory levels as global supply chain constraints ease. We paid $19.4 million in dividends and repurchased $10 million of our stock, with $225.4 million remaining on the current authorization. Our balance sheet remains strong. We are largely cash to debt neutral with $382 million of cash in current investments and anticipate this growing in the second half of this year. To further strengthen our financial position and increase flexibility, we recently closed a $900 million debt facility, which ensures we have the necessary resources to accomplish Nu Vision 2025. Our tax rate for the quarter was 20.2% compared to 27.1% in the prior year period. The decrease in effective tax rate for the second quarter primarily reflects the strong growth in the U.S. market, which enabled us to utilize additional foreign tax credits to offset U.S. income taxes. Our Rhyz segment, which includes our manufacturing partners, declined 20% in the quarter. Remember that revenue reflected in this segment only represents sales to third-party customers. The demand for external customer products was soft in the quarter as many of our large customers were long on inventory and impacted by continued supply chain constraints. Our manufacturing entities continued to significantly benefit our core Nu Skin business by helping firm up our supply chain, increase our speed to market for new products, and generating U.S. profit that lowers our overall tax rate. We also continue to carefully seek investment opportunities in this segment to further enhance our capabilities. Lastly, as Ryan mentioned, we anticipate a second half restructuring and impairment charge of approximately $35-$45 million associated with the strategic reallocation of our capabilities and resources in support of Nu Vision 2025. We believe these actions will benefit the balance of 2022 and provide approximately $100 million of cost savings in 2023. Shifting focus now to guidance. Given the continued economic uncertainty, prolonged COVID-related factors, foreign exchange pressure, and geopolitical conflict, we are adjusting our annual guidance. We now expect 2022 revenue of $2.33 billion-$2.41 billion. We anticipate earnings per share of $2.46-$2.76 or $3.30-$3.60 e xcluding Q2 charges associated with our Q4 2021 exit from Grow Tech and the second half restructuring and impairment charges. This guidance assumes a negative foreign currency impact of approximately 5% and an adjusted tax rate of 18%-24%. We are projecting third quarter revenue of $550 million-$590 million, assuming a foreign currency headwind of approximately 6%. Q3 earnings per share guidance is $0.04-$0.22, or $0.70-$0.85 when excluding the third quarter restructuring charge of approximately $30 million of the $35 million-$45 million second half estimate. In summary, while the near-term environment remains challenging, we continue to execute on the strategic priorities that underpin Nu Vision 2025, ensuring that all our resources are aligned to drive the transformation of our business to our vision of becoming the world's leading integrated beauty and wellness company, powered by our dynamic affiliate opportunity platform. With that, operator, we will now open up the call for your questions. Thank you. At this time, we will conduct a question and answer session. As a reminder, to ask a question, you will need to press star one one on your telephone and wait for your name to be announced. Please stand by while we compile the Q&A roster. All right, first up, we have Stephanie Wissink with Jefferies. Thank you. Good afternoon, everyone. Ryan, I'm wondering if you can start by just taking us around your key markets and helping us think through when LumiSpa iO will be launched and when some of the digital tools will be launched. I think it would just help us understand the back half acceleration you're anticipating, just to think through when some of those key initiatives will be implemented. Yeah. Hi, Steph. Just at a high level, we have the LumiSpa iO introductions and launches, limited introductions to the sales force, followed by launches to the consumer base that are spread relatively evenly between Q3 and Q4. Each market is on a slightly different cadence, but the goal is to have it in all markets over the course of the two quarters. I think probably the best way to look at it would be a more even distribution between Q3 and Q4 for those products. The digital tools, specifically Vera and Stela, they hit the app stores really as the first part of Q2 as the last day of Q1. Those have really been in a beta form, and those will continue to roll out in English, but they'll continue to roll out really into Q3 and Q4, as we add those features. They're going to be really the adoption of those tools are going to be highly associated with LumiSpa iO because the device connects to the Vera App. They kinda work in tandem with one another, but those apps are not specifically intended to be revenue-driving mechanisms as much as facilitating the, you know, standard business. We're not really associating revenue specifically with the apps. Okay, that's helpful. Then related to the product innovation pipeline, the idea of integrated beauty and wellness is something that you're uniquely positioned to address. I wanna just give you a chance to also talk about what you're learning about Collagen+, what you've been seeing so far in your customer feedback, your affiliate feedback on this idea of integration, and how do you amplify that as you go into the back half and into 2023? No, yeah, great question, and I'm glad you're really focusing on the integrated, the word integration. For us, integration really intimates a couple of different considerations. The first is the inside-out approach of the product portfolio that we have. As you know, we're pretty well split between personal care and wellness products. To your point around Collagen+, integrated with LumiSpa iO or LumiSpa, excuse me, that we have clinical studies on that, is a great example of how we look at input/output. The other dimension is the input/output devices themselves and device systems specifically. The devices plus the product lines that work in conjunction with those devices. Yeah, Collagen+ for us is definitely one of these great integrated products as it plays really well with LumiSpa. It is an ingestible beauty, so to speak, which is a very strong growing category in beauty as we know. We see that being very beneficial. The other good thing with Collagen+, related to social commerce or social selling is that it's a great subscription product. In many of our markets, the U.S., EMEA, Latin America, these markets, in particular, have really leveraged that as a subscription product, which creates a greater retained lifetime value of the customers on it. The only thing I would add to that, Steph, is that Collagen+ is a top five product for us in this quarter, which really shows the ability of new products to gain traction as we roll it out around the world. I think this integrated beauty and wellness theme is starting to resonate well around the world. That's fantastic. My last one, Mark, is for you. I know cost restructuring programs are never easy to undertake, and they can be emotional and culturally impacting. I wanted to just give you a chance to talk about the scope of this program, how you plan to implement it. It sounds like it's gonna be a bit more Q3 weighted. Maybe give us some sense of timing. As you look out into 2023, the $100 million of savings, is that net savings? Should we assume that drops through to the bottom line, or is there some level of reinvestment? Thank you. Yes, Steph, and maybe I'll comment first, and Mark can really fill in all the details on that. You're, you know, you're absolutely right. Every time a business has to look at a restructure, you know, we take it extremely seriously, and we have a global team that's really critical to the transition. As we talked about in the call, this is really all around looking at how we're allocating resources across legacy programs, legacy capabilities, legacy technologies, legacy assets, and what is truly needed for us to move more quickly as we shed some of those legacy, you know, elements that can hold us back. We felt like this is the right time to do it. We've, you know, we've structured it that way, and we'll be executing according to that plan. It really is all around how do we align these resources to move more quickly into the future by you know, letting go of some things that have held us back. Mark, maybe you can provide a little more detail. Yeah. I I think Ryan hit on the key points. We went through it nearly every line item in our P&L. We looked at our assets around the world, looked at our different geographic balance of our business as it shifted pretty dramatically over the last few years, and then really worked to realign the allocation of resources to where our business is really thriving and where it's thriving and ensure that we're putting resources towards the future, towards Nu Vision 2025. We are not backing off our stated investment of $500 million in technology. We believe that's key to our future. There will be some reallocation of resources, but I still believe that $100 million is real, and we can deliver that to the bottom line next year, even with those future investments in technology that we've already slated a spot for. Then the timing stuff, we're gonna try to get most of that done in Q3. We stated about $30 million of the $35-$45 million range. That will largely be dependent on how we work with governments around the world and make sure we're proper in taking care of employees in the proper way and doing things according to the law. That will largely be what depends on whether it's a Q3 or a Q4 action. Always very helpful. Thank you. Thanks, Steph. All right. Thanks, Steph. Next up, we're gonna have Chasen Bender with Citi. Hold on one second, and Chasen, you are up. Great. Thank you, operator. Good afternoon, everyone, and, thanks for the question. I guess where I just want to start is can you talk a little bit more about the one price incentive structure, specifically which markets it's going into and how it's going to impact the sales leaders relative to, you know, the marketing plan that's already there? Yeah. Hey, Chasen. Yeah, thanks for the question. We anticipated there would be one, so thanks for asking. Gives us a chance to explain it a little bit more. You may be or may not be familiar with our model, our traditional business model, whereby we sell products traditionally at a wholesale price to our affiliates who then mark them up and sell them at retail. This has been how the company's priced products mostly speaking since the beginning of the company. Over the course of time, as social commerce continues to evolve, we found that the retail margin is such a critical part of that and it's a part of the social commerce model for new brand affiliates who are really early in their business, being able to get earnings going. The idea with one price is to institutionalize that retail margin into the product. We felt that LumiSpa iO was a perfect opportunity largely because this product is the iO technology adds such greater consumer value than the 1.0, the non-connected device. We really are bringing this out to the market. We are planning to roll it out globally with LumiSpa iO, and we will be introducing it across a few others, I think three to four other products around the globe as we continue to learn our way or lean further into social commerce. This will be really important. We've talked about the adoption of social commerce into Asia in the past and how it's somewhat more difficult, and one of the areas has been the reselling of a retail price product to friends and associates even online, that there's an apprehension to do that in some Asian communities. This one price model will make it easier for our affiliates to sell at that one price, we believe around the globe. Great. That's helpful. If I could just ask about the team meetings you have, I think you said it was in London. Can you talk about whether post those meetings happening, it has translated to either improving activity or productivity among the sales force? Just juxtapose against, you know, the still challenging macro travel restrictions and, you know, very digital-oriented strategy in Nu Vision 2025. Has that changed the way you're thinking about in-person meetings and incentivizing catalyzing activity from sales leaders? Thanks. Yeah. No question the world, you know, macro factors over the last two and a half years has evolved our thinking around this, and we continue to learn. Most certainly as we look to the future and we look to social commerce proliferation, that model specifically, online meetings are definitely an important part of it. The offline, the face-to-face or the hybrid approach is really important for training, motivating and aligning with our leadership. We do expect moving into the future that more and more face-to-face meetings will be a hybrid part of just like the workplace, you know, very much a hybrid part of our approach to growth. We continue to believe that in-person face-to-face is important. Even in London we were not able to meet for example with our Chinese team elites because they were unable to receive visas to leave China. Even in some of our Asian markets as recently as May, we were not able to meet with them face-to-face. Those lockdowns continue to be challenging. I think as governments around the globe learn how to adapt to, you know, this hybrid economy, we will continue to lean into online and limited offline meetings. We have an upcoming live event for our U.S. market in September that by the way any of you who are interested in attending that we would love to have you. It's only for the U.S., it's not a global meeting. We anticipate having that around September 7th. Please reach out to Scott Pond if you're interested, we can get you information. We do those sorts of limited meetings in markets where local governments are more favorable. Last comment I'll make on meetings within China, I will say there are still severe restrictions, lockdowns on face-to-face or person-to-person types of meetings due to the COVID implications there. We're very limited there and we really have to rely upon limited online meetings there. Got it. Thanks for that color. I'll pause there now and then pass it on. Thanks. Thanks, Chasen. Thank you, Chasen. Next up is going to be Tristan Chau with Stifel. Hold on one second and I will let you know when you're live. Tristan, you are up. Hi, perfect. This is Tristan on for Mark. I have two questions, one being, I guess you had just talked about restrictions in China, and there are some indications coming out of there that suggest the zero-COVID policy will continue indefinitely. Do you just have a reasonable timeline going back to positive revenue growth in China? That's my first one. Yeah. Tristan, thanks. Give Mark our regards as well. Yeah, regarding China, you're absolutely right. It's uncertain, the future's uncertain there for, you know, the COVID restrictions in the zero-case structure there. We really are leaning directly into digital first. Our investments in We Shop last year, My Store this year, we continue to just really invest in a digital first because we, in the midterm, don't want to be reliant upon face-to-face the way that the traditional China business has been. It's really hard for us to forecast out, you know, positive growth in that market, and Mark can maybe talk a little bit more on his thoughts around that. The way we're looking at the model from the enterprise standpoint is we're really focusing on growth outside of China, with the uncertainty there in the market. Although we believe in the long-term potential of this market, we all know it's an enormous beauty and wellness market. We know there's a lot of uncertainty in the short term. We believe that the economy needs to, you know, start to shape in the right direction. We're really trying to position ourselves as we move forward and as China evolves locally to being a digital first company that reaches our customers and our sales force via that digital first model. That's more of a midterm horizon but maybe you'd add to that, Mark. I think it's too early for us to project when China can return back to normal. Until we start seeing some stabilization, until we start seeing a period of time when there aren't daily and weekly updates of lockdowns in various provinces around China, I think it'd be too early for us to project China returning to any level of growth. Yeah. Sorry, Tristan. I might just also just remind everyone because China has been such a critical part of the revenue equation for the company and the future state, you know, remains to be seen. It is certainly under 20% of the business today and much more geographically diverse, which I think for us and frankly any company these days is a very good thing to be. It's a definite focus for us is making that balance, you know, continue as we go. Okay. Thank you. That's helpful. The second question that 5% price increase taken at the start of this past quarter, are you seeing any pricing elasticity? And do you have any key takeaways from that price increase? What are your thoughts on maybe price offsetting costs, some of that gross margin pressure? Thanks. Yeah. I'll talk to the consumer side, maybe, and Mark can talk to the margin side on price increases. Just to reaffirm, we are very committed to addressing the impact of inflation on the business and on our margin structure. We are also very customer obsessed, and we are very concerned, you know, about the broader pressure that's coming through consumers around the globe. We're very careful in how we do price increases. We did execute a price increase in the spring. We'll continue to look at opportunities there in the fall and beyond as inflation continues to be managed and monitored around the globe. You know, it's hard to say in our price point, which tends to be masses and above, how much pricing pressure there really is. I would say if the inflation. We're really in an unprecedented inflationary levels, and so it's hard for us to really know. I think it's fair to understand that the consumer wallet's being really squeezed. Certainly, there would be pricing pressure even on more masses and premium priced products. Fortunately, I do feel that our devices, for instance, are even with price increases continue to be very reasonably priced in markets of premium devices. We see product devices that are much more expensive than ours. I think the value proposition remains strong. We'll continue to balance consumer purchasing capability versus the margin trade-offs. So far, I don't think we've hit a ceiling there. Mark, maybe. No. I would say that we were happy to see sequential improvement in gross margin in Q2. We're projecting for the second half margin stabilization, which basically means we're expecting margins about where they are today, and there's gonna be a number of puts and takes in our business, foreign exchange movement, and we're seeing a heavy headwind in foreign exchange, that does impact gross margin, and it hurts our gross margin. Obviously, inflation and cost increases in raw materials also hurt our gross margin. We offset that with just the work we're doing to try to take cost out of our product and then the price increases which we've flowed through to kinda keep gross margins about where they are. The new product introductions really help us. Those on average have better than average gross margins, and we should see lift from those over time. Great. Thanks. Thanks, Tristan. It doesn't look like we have any other hands raised, so I think we'll go ahead and wrap up the call. If you do have any questions and would like to set up time with Scott or Mark, myself, we're more than happy to find the time with you for certain. Let me just thank you all for joining us. To summarize our views, while the macro environment is uncertain, we remain acutely focused on our vision, on this new Nu Vision 2025, and on executing our multiyear transformation to becoming the world's leading integrated beauty and wellness company. As we laid out in Investor Day earlier this year, we have confidence in our capabilities as an innovative beauty and wellness company and a beauty device systems leader, combined with our global affiliate channel to enable our transformation into this new space. We believe in the vision, and we believe it will return greater value to shareholders over the next few years as we scale our integrated beauty and wellness platform. With that, we'll go ahead and end the call. Thanks again for joining.