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  "documentTitle": "2025 Q1 Investor Presentation",
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      "text": "We expect to deliver Adjusted Operating Income of $1.90 billion, equating to a margin of approximately 19% on gross profit, which implies an expectation of Rule of 31 in 2025.",
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      "text": "We have not provided the forward-looking GAAP equivalents for certain forward-looking non-GAAP metrics...",
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      "text": "We recognize we are operating in a more dynamic macro environment, so we have reflected a more cautious stance on the macro outlook into our guidance. For the full year, we expect 12% gross profit growth year over year. We expect to deliver Adjusted Operating Income of $1.90 billion, equating to a margin of approximately 19% on gross profit, which implies an expectation of Rule of 31 in 2025.",
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      "text": "Gross Profit $9.96B; YoY Growth 12%; Adjusted Operating Income $1.90B; % Margin 19%; Rule of X 31%",
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      "text": "2025 Full Year Guidance",
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