THE WEEK THAT WAS, ENDING 7/29 – lots of maintained ratings, two downgrades. ANOTHER BUSY WEEK TO COME
THE FOLLOWING COMPANIES REPORTED: McDonald’s, Chipotle, Cheesecake Factory, Noodles, Wingstop, FAT Brands, Yum China, Bloomin’ Brands.
Subsequent to prior weeks’ reports, BRIAN MULLAN maintained BJ’s, YUM BRANDS AND JACK IN THE BOX at BUY.
THIS PAST WEEK:
NOODLES REPORTED: ANDREW STRELZIK maintained at MARKET PERFORM.
CHEESECAKE REPORTED: JEFF BERNSTEIN maintained at UNDERWEIGHT. DENNIS GEIGER and LAUREN SILBERMAN maintained at NEUTRAL.
MCDONALD’S REPORTED: LAUREN SILBERMAN, ERIC GONZALEZ, JEFF BERNSTEIN, ANDREW CHARLES and CHRIS CARRILL maintained OVERWEIGHTS. JON TOWER maintained NEUTRAL and BRIAN MULLAN downgraded to HOLD.
CHIPOTLE REPORTED: everybody maintained positions. EVERYBODY IS LIKING IT, except BRIAN MULLAN and JEFF BERNSTEIN, who are NEUTRAL.
https://seekingalpha.com/symbol/CMG/earnings/transcripts
WINGSTOP REPORTED: CHRIS O’CULL downgraded to HOLD. JOHN GLASS and DENNIS GEIGER are NEUTRAL, EVERYBODY ELSE is POSITIVE at this price.
TEXAS ROADHOUSE REPORTED: JOHN GLASS maintained EQUAL WEIGHT and NICK SETYAN maintained OUTPERFORM.
THE WEEK TO COME SHOWN BELOW:
THE WEEK TO COME: another busy week
8-02 After Market Close Denny’s Q2 Confirmed
8-02 After Market Close Starbucks Q3 Confirmed
8-03 Before Market Open Yum Brands Q2 Confirmed
8-04 Before Market Open Shake Shack Q2
8-04 Before Market Open Portillos Q2
8-04 Before Market Open Restaurant Brands Intl Q2
8-04 Before Market Open Papa John’s International Q2
8-04 After Market Close The One Group Hospitality Q2
8-04 After Market Close Joint Q2
8-04 After Market Close El Pollo Loco Holding Q2
8-04 After Market Close European Wax Center Q2
8-04 After Market Close Chuy’s Holdings Q2
8-04 After Market Close Potbelly Q2
8-04 After Market Close Franchise Group Q2
2022-08-05 Before Market Open Ruth’s Hospitality Group RUTH Q2 Confirmed