THE WEEK THAT WAS: ENDING 10/14 – ONLY DOMINO’S AND ROCKY MOUNTAIN CHOCOLATE REPORTED, LOTS OF MAINTENANCE, TWO CHANGED RATINGS

Restaurant Finance Monitor
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RATINGS CHANGES:

Regarding companies previously reporting, two changes

JOHN IVANKOE upgrades DUTCH BROS to OVERWEIGHT

OTR analyst upgrades RESTAURANT BRANDS to POSITIVE

Ratings are maintained as”

JOHN GLASS maintains YUM BRANDS, McDONALD’S, KRISPY KREME, CHIPOTLE as OVERWEIGHT, maintains WINGSTOP, WENDY’S, SHAKE SHACK, JACK IN THE BOX, BLOOMIN’ BRANDS as EQUALWEIGHT,  maintains RESTAURANT BRANDS, as UNDERWEIGHT

BRIAN MULLIN maintains WINGSTOP at HOLD

NICK SETYAN maintains TX ROADHOUSE and McDONALD’S at OUTPERFORM

BRIAN MULLAN maintains RESTAURANT BRANDS at BUY

Regarding companies that reported this week – Rocky Mountain Chocolate Factory and Domino’s

No coverage indicated on Rocky Mountain Chocolate Factory.

REGARDING DOMINO’S: LAUREN SILBERMAN, JOHN GLASS, BRIAN MULLAN, JON TOWER, JARED BARBER AND JOSHUA LONG maintain NEUTRAL stance, CHRISTOPHER CARRILL, ANDREW STRELZIK, JON TOWER, and NICK SETYAN rate it POSITIVELY

Conference call transcripts are below for all companies reporting in prior weeks with ratings changes  (DUTCH BROS AND RESTAURANT BRANDS) or initiations (none) and companies reporting in THE WEEK THAT WAS (DOMINO’S and ROCKY MOUNTAIN CHOCOLATE FACTORY)

TRANSCRIPTS

DUTCH BROS (BROS)

https://seekingalpha.com/article/4532784-dutch-bros-inc-bros-ceo-joth-ricci-on-q2-2022-results-earnings-call-transcript

RESTAURANT BRANDS

https://seekingalpha.com/article/4529738-restaurant-brands-international-inc-qsr-ceo-jose-cil-on-q2-2022-results-earnings-call

DOMINO’S

https://seekingalpha.com/article/4546436-dominos-pizza-inc-dpz-q3-2022-earnings-call-transcript

ROCKY MOUNTAIN CHOCOLATE FACTORY

https://seekingalpha.com/article/4546246-rocky-mountain-chocolate-factory-inc-rmcf-q2-2023-earnings-call-transcript

THE WEEK TO COME – earnings reports

BJ’S RESTAURANTS (BJRI) – 10/20 after market close

https://viavid.webcasts.com/starthere.jsp?ei=1574034&tp_key=2c896f7f3c

FAT BRANDS (FAT) – 10/20 after market close

https://viavid.webcasts.com/starthere.jsp?ei=1574400&tp_key=c3f2777812