Jaime Katz

can you talk a little bit about the behavior of consumers between income levels because we've been hearing a lot about this K-shaped demand patterns

maybe the experience improves with fewer people on the ship? So maybe how is the occupancy being optimized

as we think about the ARC of expenses, can you help us sort of flow through whether those are more equal or if maybe that is more weighted to Q2 those dry docks?

Has that decoupled a little bit and moved a little bit higher just so, you know, we could have more certainty on what the rest of the year looks like.

how to think about balancing filling the rest of 2025 with pulling forward more demand from 2026

is there some non-newbuild CapEx we should be thinking of, like, level that will be in these brand-building projects

can we think about this staying sort of structurally higher than it maybe has been in the past?

Can you just maybe help us think about what the long-term growth prognosis is for D&D relative to MAGIC

I'm curious if you guys would be able to reset expectations for that. Are there any structural changes maybe that you've seen that can lift that to above 40%

Can you talk about, I guess, maybe what that means more concisely and then what that portends for CP, particularly next year

can you talk a little bit about what you guys are seeing at value price points? I think from other consumer discretionary firms. We're just hearing incremental weakness

strong revenue performance with sort of a weaker market share performance. And I'm wondering if maybe that's a function of just decreasing inventories or working down inventories at retailers.

How do you think about what you determine you want to out-license versus what you want to keep on some of these long-lived brands?

I hope you can drive a little bit further down into the incremental cost savings and maybe the differences in what you found between the $750 million and the $100 million

can you talk a little bit more specifically about the top opportunities that are being targeted

what you envision as the potential for the motor company operating margin beyond '26

And then do you have a target for leverage metrics at the 2026 given that you're still paying down some debt?

what kind of sales growth do you think would be reasonable? Or what level of shipments maybe for us

The $300 million that's going into HDFS, should we dump that into 3Q or 4Q?