Lou Whiteman

I don't think they're done.

We're talking about the potential of another 200 basis points gains in 2026.

Robinson is the biggest company in their field.

They're using their scale to their advantage.

They're gaining customers.

You couple all of the work they're doing in-house with the inevitability of one day the shipping market's going to improve.

And I think Robinson looks pretty intriguing right now.

I mean, Dan, I know what you like.

Yeah, there's nothing really to complain about in this quarter.

I think the business is getting healthier, and I think that's a good thing.

As an investor, I struggle to see why I should be excited about this or why I should care.

For one thing, as Rachel noted, they are dumping the fastest-growing, most interesting part of this business.

Now, for China, I know it's a licensing agreement.

They can still asset-light.

But China, international revenue is up 10%, North America revenue up 3%.

Which part are you getting rid of again?

Again, maybe getting rid of isn't fair.

Travis, is 3% comp store sales worth investing into?

Is even 5%?

Is 3% revenue growth really reason to get excited?