“We're still committed to our China business. They certainly have had a rough couple of years with all of the stops and starts with COVID, but we still expect to open roughly 800 restaurants this year.”

In context

“o have the opportunity to grow, and you're going to have stability around your equity. I think where there is concern is if you are maybe not one of our stronger performing franchisees, this probably does some of the announcements that the team made probably does raise your concern. But the US team, I know, is committed to helping improve there and I would be delighted to see that if we can get improvement in maybe some of the lower-performing franchisees. But broadly, I would say our relations with our franchisees globally, the 5,000 franchisees is strong. And when we're a great franchise, when we're great franchisees, this business tends to do pretty well over time. Kevin Ozan: And then on China, your question related to China. I think we still believe there's huge opportunity in China. We're still committed to our China business. They certainly have had a rough couple of years with all of the stops and starts with COVID, but we still expect to open roughly 800 restaurants this year. And hopefully, the economic environment can get back there to something relatively normal because we're still big believers in the opportunity in China and have a lot of confidence in our business there. . Mike Cieplak: Our next question is from Sara Senatore with Bank of America. Sara Senatore: Thank you. And of course, congratulations to everyone on their new roles, and it's great to see Jill coming back in excellent re-addition. But I had two questions there about the outlook. The first is just unit growth in the US coming in slightly lower into the previous range. Is that because of challenges in the supply chain, and we hear about constraints around equipment or labor and staffing. It doesn't seem like it's an access to capital issue given the multiples that are historically high. An”