“we're looking forward to getting that market to 10,000 restaurants by end of 2028, which is, I think, a really important milestone as we look forward.”

In context

“lopment and penetration in that market to many places where we don't really have McDonald's presence. So overall outlook on China for us continues to be very robust, which is why we increased our stake, as Ian mentioned. Ian Borden: I might just add on a couple of things to Chris. I mean first, I would just acknowledge the team and our team in China, we opened just over 1,000 restaurants in 2023, which was an all-time high for us. And as Chris mentioned, as we talked about in our remarks, we completed the acquisition of the additional 28% to take our stake to 48% at the end of January. And I think we continue to remain really optimistic about the long-term opportunity there and our ability to have an increased stake in that long-term opportunity with that additional stake acquisition. And we're looking forward to getting that market to 10,000 restaurants by end of 2028, which is, I think, a really important milestone as we look forward. Mike Cieplak: Our next question is from Brian Harbour with Morgan Stanley. Brian Harbour: Yes. Thank you. Good morning. Maybe I'll just ask about the U.S. Are you willing to say kind of where pricing was in the fourth quarter and also into the first quarter? And also any color you can provide by daypart, I think we've heard some other companies talking more about late night or if you perhaps have any comments on breakfast recently? Chris Kempczinski: Sure. Well, I'll kind of just give some macro comments. Again, have Ian pick any details. But certainly, we've continued to work through pricing in the U.S. as we were looking to offset inflation. We saw what I would describe as mid to high single-digit price increases last year. It depends a little bit on where you were in the country, but m”