We expect a slight 4Q EPS (to be reported 6/30) beat with cc sales and EPS slightly above consensus. F27 guidance will be the focus, especially on 2H27 as mgmt already provided color on CY26 (through 1H27) on its 3Q call. On regions, we expect results to be similar to 3Q trends (NAM solid but EMEA and China weak). On China, we believe trends will remain sluggish for the foreseeable future and possibly even into 2H27. Overall, based on convos w/investors we believe sales pressure is expected in F27 with GM i ...