“I think as we look forward, again, I would just reiterate that we certainly believe as we're continuing to being able to drive that top line growth that we can continue to gain leverage in the op margin line.”

In context

“ne growth that we can continue to get leverage in our op margin line. I think we saw that in the first half. As we head into the second half, I think there are a couple of things that kind of are specific to the guidance for the full year. Firstly, I think it's the inflationary pressures and margin pressures, we certainly believe will continue. I just talked about kind of the moderation of the top line as we kind of work through the rest of the year. Also expect, as I touched on in my opening remarks that our G&A spend for the year will be more back half than front half weighted. So that's a factor. And the other call out and I kind of touched on this again in my opening remarks was we do expect, and this is in the guidance, that we will have a onetime property gain in the fourth quarter. I think as we look forward, again, I would just reiterate that we certainly believe as we're continuing to being able to drive that top line growth that we can continue to gain leverage in the op margin line. And I think it's something we'll certainly talk about further in the Analyst Day at the end of the year. Mike Cieplak: Our next question is from David Palmer with Evercore. David Palmer: I would love to hear more detail about the IOM trends and insights from those countries. Where are you seeing relative strength and weakness and what do you ascribe those trends to? I mean, I asked partly because we're still dealing with post-COVID dynamics in some of those markets that are perhaps greater than the US with some back to travel, back to work in center cities. But I'd also be interested to hear about macro headwinds you're already seeing in the business. You mentioned the value menu launches in Germany and UK. So wondering if you were doing those as proactive launches or perhaps reactionary?”