Matthew Paull Quotes

Significantly, when we convert this group of restaurants to developmental licensees, the results we currently report from these markets will be replaced over time with a royalty--- a royalty based solely on a percentage of sales, and our capital requirements will be eliminated.

- Matthew Paull

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Significantly | Convert | Group | Restaurants | Developmental |

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We have not yet determine exactly how far below 50% we will get or how long it might take us to get there. - Matthew Paull

We do not expect any significant increase in capital spending for new restaurants since net new unit growth is expected to continue at 1% to 2% in the near term. In addition, we expect to return roughly $5 billion to $6 billion to shareholders via dividends and share repurchase over the next two years. - Matthew Paull

We are looking for brands with the potential to impact our business, and we're looking at things that can grow to at least 1,000 restaurants. - Matthew Paull