THE WEEK THAT WAS, ENDING 6/24 – TWO DOWNGRADES, BUNCH OF MAINTENANCE BASED ON PRIOR WEEKS’ RESULTS, REACTION TO DARDEN’S QUARTERLY RESULTS
REACTING TO PRIOR WEEKS’ RESULTS:
ANDREW CHARLES lowers rating on JACK IN THE BOX, NICK SETYAN lowers rating on DENNY’S.
MAINTAINING RATINGS:
ANDREW CHARLES LIKES SWEETGREEN, JON TOWER IS NEUTRAL on EAT, BLMN, BJRI and SG, LIKES CAKE AND TXRH, NICOLE REAGAN continues to UNDERWEIGHT WING, CHRIS O’CULL continues to HOLD PLAY, ANDREW CHARLES DOWNGRADES PLAY TO MARKET PERFORM, JACK BARTLETT MAINTAINS HOLD ON CRACKER BARREL, NICK SETYAN downgrades to NEUTRAL and maintains OUTPERFORM on CHUY.
DARDEN REPORTS EARNINGS:
SEVENTEEN ANALYSTS OUT OF TWENTY maintain POSITIVE RATINGS. HOLDOUTS RIGHT NOW ARE ANDREW STRELZIK, BRIAN MULLIN AND NICK SETYAN, who are NEUTRAL.
EARNINGS CALL TRANSCRIPT
SLIDE PRESENTATION
THE WEEK TO COME:
NO EARNINGS REPORTS SCHEDULED. SECOND HALF OF THE CALENDAR YEAR WILL BE INTERESTING:)
