Financial GuidanceWithin 2024 guidance for 3.5% global net development, ~100 bps of headwind was attributed to China & ~50 bps to markets impacted by the Middle East conflict.
Global Unit GrowthGlobal unit growth in the mid-3% range for 2024 is below the 5%+ long-term target, largely due to challenges with Burger King China.
Sales GrowthSystem sales growth is expected to lag prior expectations, with comps/unit growth tracking below prior projections.