Michael Kupinski

“You highlighted a decline in average U.S. acquisition cost to $54 from 62 in the second quarter. What drove that improvement, and how sustainable is it that you can continue to accelerate membership growth at that rate.”

“You are guiding $10 to $15 million in adjusted EBITDA for $27.”

“I just got a little color around the water parks a little bit. I know that you said that you're looking for a higher cap per cap spending and improved labor efficiency.”

“You guys have a very strong cash flow story. I can't imagine that the market couldn't recognize that at some point here. You have $1 billion of commissions receivable and more than $60 million of operating cash flow expected this year.”

“Bill, I know that you talked a little bit in the past about AI, and you gave some guidance and thoughts about Q3. I was just wondering, can you give us an update on how AI search is, you know, now that it's at an all-time high, how that might look like as we kind of go not just through Q3 but going forward?”