Christine Cho

are you seeing any specific consumer cohorts responding more favorably, such as the younger consumers? And did you also see any impact on the late afternoon traffic?

Are you seeing any impact from shifts in sentiment towards the US? And could this impact your thinking around the plans in the region?

would you reconfirm kind of your high single-digit to low double-digit unit growth algo in the midterm?

just also if you had any thoughts on the mixed component this year

whether this is a reflection of consumer price sensitivity rising or competitive pressure on value

have you seen any impacts from the war? And how does that compare to what you experienced in '23 and '24

Could you walk us through some of your major considerations here? What's specifically triggered the decision that now is the right time?

could you talk a little bit about your decision to bring back the best ever deal

do you think there's a room or path to international unit growth, reacceleration in the next few years

what are some of the key inhibitors on a more accelerated rollout and any metrics that you can share on the impact to the overall store operational efficiency

Any color on how the incidence rates trended since the launch

Could you share your directional thoughts on beef and your locked-in rates for the next few quarters

Could you kind of talk about your plans to better communicate value to consumers

have you seen better sales trends or higher net purchase intent from younger guests

I actually wanted to know if we should think that there's an impact from the Section 232 changes on steel and aluminum for the Southeast Asian imports

are you finding that the Chinese ownership of the supplier is something that is brought up in your conversations with the bigger type of customers

any factors that you're closely watching that could impact the development pipeline for 2026 and beyond

Are you able to comment on how the consumer spending behavior evolved with that younger consumer cohort under age 35

were there any notable surprises or key metrics from your earlier tests across the 2,000 stores last quarter that kind of gave you that confidence

Any early thoughts here on how you saw the opportunity? And can you walk us through how the partner and customer experience would change with that?

I was hoping to get your assessment on the challenges of drawing younger customers back into the stores

I'd love to hear your latest thinking on how you intend to align and incentivize the organization and leadership to really focus on driving improvements

Could you help us understand the current adoption of Byte in The US, to kind of get a sense of the outcomes from the step one?

is 5% kind of still the right anchor as you think about the underlying unit growth ahead

Could you kind of walk us through how you're approaching that $5 billion long-term beverage opportunity for Taco Bell