Rob Ottenstein

Does that mean that in the $20 to $30 area you're really not seeing any trade down at this point?

Can you talk about Jack Daniel's Tennessee Whiskey in the U.S. and the sort of measures that you're taking to

can you maybe just elaborate on how big an opportunity that is? And also perhaps tie in kind of exactly what happened in Germany

Requested highlights of key 2026 initiatives aligned with Coca-Cola Company regarding innovation, RGM, IT capabilities, and World Cup activation historical impact.

it's been about 2 years, I think, since you rolled out Jack & Coke in Europe. I was just wondering if you could maybe stand back and give an assessment

if you could kind of maybe give us a little bit of sense of what sort of initiatives that the global system is doing

I was wondering if you can talk a little bit more about Hill's, which has largely gone unnoticed so far in this call

I'm wondering if you could kind of reflect on the learnings from that, to what extent you can transfer those learnings to Hawley & Hazel

If you can give us just a sense of where the market shares ended up with the relaunch and your thought of the impact of the formula change

I know the total relaunch had a great start this year, particularly in Latin America

Can you talk maybe just a little bit about why you are doing so well there, the role of ELMEX in the strategy

on the Total relaunch. I'm wondering if, first, you can kind of size that compared to other relaunches

I was just wondering if you could talk to us a little bit about the pricing dynamics in the U.S. on liquid refreshment beverages

I was wondering if you could go into a little bit more detail on the underlying drivers of your performance in APAC

Could you maybe remind us your approach to currency?

I wonder if we can kind of circle back to a topic that was in much discussion a couple of years ago and has faded a little bit is GLP-1 drugs

can you talk a little bit about globally what you're seeing in terms of consumer strength

if you can kind of one talk about the trajectory of that business starting now with kind of the service levels you have

I'd love to get your thoughts on that category, broadly speaking. Is this something that is a fad in your view

So I was wondering if you can talk a little bit about the drivers of that acceleration

you mentioned something about I thought changing the visual identity on the Ultra line

talk about maybe the major buckets for productivity what you're doing maybe differently this year than in prior years

what are you thinking about in terms of the macro conditions, in terms of your guidance for the year

that decision to go outside of the firm, to a very well-respected leader at your biggest customer

beverages did much better than food. Can you talk maybe about -- a little bit about the drivers of why the beverages did so well

give us an update on the restructuring program that you announced in June of last year

Can you disaggregate the volume number in the quarter for the Easter impact the inventory drawdown last year

how specifically is that impacting your media efficiency and competitive dynamics against smaller brands

has affordability become a bigger driver of consumer choice in the quarter? Do you expect that to continue

is this a consumer that really wants and needs more affordability, and there were some comments around that

I believe you stated that in China, you were taking pricing in skincare. So I'd like to understand a little bit

just wanted to get any commentary on the Chinese consumer, the health of the Chinese consumer as the quarter developed

how have you adjusted your thinking on CapEx

Just wondering how -- what you've learned about the brand over this time, how incremental is it

Are you today, and kind of going forward, more open to larger acquisitions

can you just give us a sense of what -- and this is both on the beer side, what your internal inventories are for beer and your distributors

can you tell us what you think a reasonable outcome for that brand is over the next 1 to 2 years?

how -- where did the idea or where did the change come from? And two, can you talk a little bit about execution of that?

is kind of everything on the table, no sacred cows and that kind of approach

what are the impacts on the industry and how can the industry address that?

can you give us a rough idea of what the economics look like and how this could potentially impact your income statement three, four, five years out