For Q1, we expect adjusted EBITDA to be significantly below prior year due to lower traffic expectations, and approximately $16 million in various costs related to our ongoing investments in advertising and marketing, as well as our general manager's conference, which typically occurs every other year, and manager training costs.

Sep 17, 2025 / CFO / receipt, needs a key / Craig Pimels, CFO | earnings call 2025-09-17 | transcript 0389d595-ca8d-4548-b3f4-7a503e222e37 | chars 12653-12984 | segment 12