Damian Karas

Could you give us a sense relative to last year where the volumes came in that you shipped?

if like on the tankless side of tariffs might actually present an opportunity to kind of accelerate your position in North American tankless

have you your 6% to 8%. Is this kind of like already executed like a round of increases?

I was wondering if perhaps you saw a fall off of in North American water heater shipments in December

so you did see positive pricing in North American water heaters in the fourth quarter, or was that comment more of a full year comment?

when the dust settles on 2025, where do you think you'll be in terms of the emergency replacement market share

what's your sense on when those inventory levels will be more normalized? Is that gonna happen kinda sooner rather than later

could you maybe share some of the early feedback you've gotten from your dealers on the water heater business? And what's a reasonable expectation for the pace

are you still expecting to more or less give back all of the share gains from last year? Or has your view changed at all there

Could you just maybe talk a little bit about how your pricing actions have been aligning with what you're seeing from your peers

the free cash flow guidance. So cash flow obviously came in a good bit better than you had expected in 2024

John, I think I heard you say pool pricing kind of has been holding up. Could you guys just confirm that you didn't see any sequential decrease in pricing in the full segment?

you got three points of price overall. Could you just talk about, you know, was there much variation in that? Across residential and commercial versus industrial?

where do you suspect kind of growth could line up in 2026 if the current conditions kind of remain?

Could you just perhaps elaborate on that? What do you think is driving the improvement? And have you been seeing those trends continue into the fourth quarter?

Would you maybe be able to elaborate a little bit? Was there any pricing or business mix factors, productivity?

have you taken any price actions so far or made any adjustments in your supply chain to offset some of this cost inflation that you expect to creep in?

Have you actually started seeing any slowdown in Digital Imaging and Instrumentation over, say, the last month since all this tariff news and the tit-for-tat started? Or are you just kind of derisk...

Could you maybe give us updated thinking about potential policy implications? There's the question of tariffs in China and Mexico. And the US government is certainly an important customer of yours ...

I was wondering if you can maybe just give us a little bit better sense for the order trends that you've been seeing? Are there any areas that have maybe picked up more meaningfully than you had ex...

any particular reason why you think some orders might have come in earlier in the second half? Anything to do with tariffs

I was wondering if you could maybe speak a little bit to the large project funnel, what you're seeing out there, what conversations you're having

is that kind of Zebra's internal assessment? Or are you maybe hearing that in your dialogue with customers

Could you talk about how their business cyclicality has compared with Zebra historically? And I think you're moving into a little bit more of a competitive space

if you think that any of that might be related to, you know, some pull forward of demand, you know, maybe customers trying to tie up some loose ends