“We don't update guidance. We guided to at least 3%. I think we've guided to at least 3% for a number of years now. Our job is to outperform that.”

In context

“east 3%. It seems to imply some clear decel here over the next few quarters or maybe we're not appreciating something there. And then maybe can you share some color on the current SNO pipeline right now? What's the embedded NOI? And when do you expect that to come online? Eli Simon: So I'll just do the first part. So the same-store NOI, we don't call it that. It's domestic NOI. And so that 6.7% for the quarter, as Brian said, is really, call it, 120 basis points of that is from the 12% stake we bought in Taubman last, I guess, November 1. And so that will obviously play through our results for the second quarter and the third quarter and a little bit a little bit less, obviously, in the fourth quarter. And so we'll probably have, call it, plus or minus 100 basis points impact on the year. We don't update guidance. We guided to at least 3%. I think we've guided to at least 3% for a number of years now. Our job is to outperform that. Obviously, we have a good start to the year. And so we'll just continue doing what we're doing. But we really don't update that guidance besides, obviously, I just wanted to clarify about the Taubman or the former Taubman stake and then Brian, on the SNO. Brian McDade: Yes. No, SNO at the end of the quarter was 310 basis points, Haendel. Usually, you see an increase in our business in the first quarter and then it dissipates as the quarter goes down as tenants open. But 310 basis points, which was consistent with first quarter '25 type of level. Operator: Our next question is from Mike Mueller with JPMorgan. Michael Mueller: Actually, I have a follow-up on the prior question. How much of an impact did the buyout have -- TRG buy out on your operating stats like the year-over-year sales com”