Trey Grooms

How are you thinking about installed generally, is this an area you can lean into in the current environment?

Any additional color you can give us there on what that use could be or what you're baking in there for working capital

Is that still kind of the best way for us to be thinking about the earnings power of the business in that more kind of normalized environment

is that more of a view into your kind of expectations for '27 prepping your inventory levels for a more robust environment there

could you update us on how that's progressing and maybe the associated costs? I think it was expected to be about $140 million impact to SG&A

when do you guys expect to see some stabilization there? Any uptick in the starts that we've seen when that might actually start to flow through for you guys?

where does the appetite stand for additional acquisitions at this point? Or maybe asked another way, at what point do you start to take the foot off the accelerator

when you think about your footprint, your branch network, are there -- how do you see the opportunity?

Was this specific to any, you know, geographic market or maybe specific to production builders, or was it more widespread

if we were to see these additional tariffs come through and it meant, you know, $600 lumber as opposed to $400 lumber

maybe you could give us maybe a little additional color on the year-to-date divestments

could you dive a little bit more into -- and maybe walk us through some of the key drivers here of the updated 2025 guidance?

Could you update us more specifically on what you're expecting for U.S. cement and aggregates for the full year, specifically on the volume and pricing for both segments

If you could maybe elaborate a little more on the 2025 guidance in light of the macro uncertainty that we have here and also maybe pluses and minuses you've assumed in the guide?

With your new position as CEO of CRH, should we expect any changes in the strategic direction of the company under your leadership?

could you walk us through some of the key assumptions that are supporting your decision to reiterate the full year EBITDA guidance

specifically on that $36 million you're talking about for 2Q, I'm guessing it'd be more weighted there

Could you give us a little more color on how your end market assumptions and the mix there kind of build into your outlook for 1% to 3% volume growth this year

if we could maybe look at the cost side of things, you mentioned a few things that were going on in 3Q, but it looks like you're expecting an improvement in price cost in the fourth quarter

any additional color you could give us on the size, expected impact there, how it fits into and compares to the existing Mag Specialties business

if you look at the margins there in the segment, it looks like ready-mix, the headwinds there more than offset the improvement

walk us through any of the puts and takes around the overall guidance for the year

that pricing in April movement there for aggregates, if I remember, you know, going back historically

4Q overall should be up year-over-year. Is that still the right way to think about it?

volume is still down there, but you're getting some benefit from pricing that's maybe slightly more than offsetting that. Is that the right way to kind of bridge that commentary around discretionary?

could you talk about any inventory benefits to the margin in the second quarter?

Have those come through yet, or how are you thinking about the timing there

maybe the timing of some of these factors or maybe how we should think about you know, the cadence of operating expense

could you maybe walk us through some of the key puts and takes in the quarter across price, volume and cost

given the 4Q and where it landed and then looking into the guide for this year, it clearly suggests that 4Q 2025 is not the trend

maybe if you could highlight some of your top priorities that you have for the Vulcan Materials team here as you take the reins

what are you seeing, or what gives you the confidence going into the second half to reaffirm your EBITDA guide for the year despite this kind of tough first half

20% cash gross profit improvement, that's per unit. That's about as strong as we've seen. And I know there has been some puts and takes

it seems like some markets have seen a shift from January to April as far as just the timing. Can you talk about a little bit about that