Domino's Pizza is a high-quality company with significant growth potential. While there has been recent softness in same-store sales growth and a slower pace of store openings, this does not diminish the vast growth opportunities within the company's global network. We project a 20% compound annual growth rate in earnings over the next five years. A substantial portion of our long-term earnings growth forecast is dependent on franchisees launching new stores. The profitability of franchise locations and the demand for new stores are closely linked to same-store sales growth, which we anticipate will rebound starting in fiscal 2026, alongside a broader recovery in the fast-food sector.