THE WEEK THAT WAS, ENDING 5/13 – LOTS OF EARNINGS REPORTS AND SOME DRAMATIC PRICE CHANGES, JUST A FEW RATINGS CHANGES
DOMINO’S, DENNY’S, STARBUCKS, BRINKER, PAPA JOHN’S, TEXAS ROADHOUSE, SHAKE SHACK ALL REPORTED IN PRIOR WEEKS. NOBODY SEES REASON TO CHANGE RATING EXCEPT JOHN STRASZAK WHO TAKES DOMINO’S FROM A BUY TO HOLD.
DUTCH BROS, KRISPY KREME AND WENDY’S ALL REPORTED: conference call transcripts are provided.
WENDY’S: Everybody maintains outperform except CHRIS O’CULL who takes it from HOLD to BUY.
KRISPY KREME: JOHN GLASS says OVERWEIGHT. CARLOS LABOY upgrades from HOLD TO BUY. JON TOWER AND BRIAN MULLAN stay NEUTRAL.
DUTCH BROS DISAPPOINTS AND STOCK COLLAPSES: ANDREW CHARLES, NICOLE MILLER REAGAN AND DAVID TARANTINO STICK maintain OVERWEIGHT. JEFF BERNSTEIN maintains EQUAL WEIGHT. CHRIS O’CULL lowers from BUY to HOLD.
THE WEEK AHEAD – much quieter
5-16 After Market Close BurgerFi International BFI Q1 Confirmed
https://viavid.webcasts.com/starthere.jsp?ei=1546147&tp_key=bcf186b7c8
5-16 After Market Close Ark Restaurants ARKR Q2 Confirmed
https://viavid.webcasts.com/starthere.jsp?ei=1549386&tp_key=343fd19147
5-18 Before Market Open Arcos Dorados Holdings ARCO Q1 Confirmed
https://webcastlite.mziq.com/cover.html?webcastId=5dee1e55-0f60-452d-98f2-272d70440e83