Question · Q3 2025
Alexander Russell Slagle inquired about the sequential improvement in case growth trends and the broader industry backdrop, specifically asking for expansion on these trends given market choppiness. He also asked about the potential impact of a government shutdown and an update on the Middle East business.
Answer
Chris Pappas, Founder, Chairman, and CEO, noted improved Q3 trends, strong summer results, and continued momentum into October. He expressed cautious optimism for Q4. Jim Leddy, CFO, and Chris Pappas added that they haven't seen a material impact from a potential government shutdown and that the Middle East business, particularly Dubai and Abu Dhabi, remains strong despite temporary impacts in Qatar.