McDonald's Corporation

hello and welcome to mcdonald's third quarter 2025 investor conference call at the request of mcdonald's corporation this conference is being recorded following today's presentation there will be a question and answer session for investors at that time investors only may ask a question by pressing star 1 on their touchtone phone I would now like to turn the conference over to Mr. Dexter Combalet, Vice President of Investor Relations for McDonald's Corporation. Mr. Combalet, you may begin.

Good morning, everyone, and thank you for joining us.

With me on the call are Chairman and Chief Executive Officer Chris Kempczynski and Chief Financial Officer Ian Borden. As a reminder, the forward-looking statements in our earnings release and 8K filing also apply to our comments on the call today. Both of those documents are available on our website, as are reconciliations of any non-GAAP financial measures mentioned on today's call, along with their corresponding GAAP measures. Following prepared remarks this morning, we will take your questions. Please limit yourself to one question and then re-enter the queue for any additional questions. Today's conference call is being webcast. and it's also being recorded for replay via our website. And now I'll turn it over to Chris.