Given the choppy operating environment, we now estimate that same-store sales decreased 4.4% year over year in 3Q:25; previously we expected a decline of 3.6%. We still expect a return to positive same-store sales starting in 2026, although we temper our near term revenue forecasts due to macro and tariff uncertainties. With additional new restaurants, assumed margin improvements, synergies and lower interest costs, we now project the net loss will narrow to $0.34 per share in 2026 (was a per share loss of $0.32) from an expected loss of $0.62 per share in 2025 (was a per share loss of $0.57), followed by EPS of $0.28 in 2027. Our moderate risk rating factors in the expected earnings improvements and improved cash flow in 2026-2027.