Regarding companies previously reporting,  eight changes, all downgrades

ANDY BARISH downgrades RED ROBIN, STARBUCKS & BRINKER from BUY TO HOLD

NICK SETYAN downgrades SHAKE SHACK, DENNY’S, THE ONE GROUP, PAPA JOHN’S and JACK IN THE BOX from OUTPERFORM to NEUTRAL

MAINTENANCE OF PRIOR  RATINGS:

Re: DARDEN – three out of four analysts like it, one is “in line”

Re RED ROBIN – ANDREW WOLF (reinstating) and ANDY BARISH are NEUTRAL

RE McDONALD’S – ANDY BARISH maintains BUY

Re: DINE BRANDS – NICK SETYAN maintains OUTPERFORM

Re: CHUY’S – ANDREW WOLF reinstates at NEUTRAL

Re: BJ’S – ANDREW WOLF reinstates at BUY

Re: CRACKER BARREL – ANDREW WOLF reinstates at BUY

Re: PLANET FITNESS – PETER KEITH maintains OVERWEIGHT

Re: DRIVEN BRANDS – KAREN SHORT initiates at NEUTRAL

For Companies Reporting During Week: only Ark Restaurants, none of above analysts follow it, no ratings changes.

Conference call transcripts are below for all companies reporting in prior weeks with ratings changes  (Red Robin Starbucks, Shake Shack, Denny’s, The One Group, Papa John’s, Jack in the Box, or initiations (Chuy’s, BJ’s, Cracker Barrel, Driven Brands) and companies reporting in THE WEEK THAT WAS (Ark Restaurants)

Red Robin (RRGB)

https://seekingalpha.com/article/4552337-red-robin-gourmet-burgers-inc-rrgb-ceo-g-j-hart-on-q3-2022-results-earnings-call-transcript

Starbucks (SBUX)

https://seekingalpha.com/article/4552964-starbucks-corporation-sbux-q4-2022-earnings-call-transcript

Shake Shack (SHAK)

https://seekingalpha.com/article/4552700-shake-shack-inc-shak-q3-2022-earnings-call-transcript

Denny’s (DENN)

https://seekingalpha.com/article/4551784-dennys-corporations-denn-q3-2022-earnings-call-transcript

The One Group Hospitality (STKS)

https://seekingalpha.com/article/4553728-one-group-hospitality-inc-stks-q3-2022-earnings-call-transcript

Papa John’s (PZZA)

https://seekingalpha.com/article/4552606-papa-johns-international-inc-pzza-q3-2022-earnings-call-transcript

Jack in the Box (JACK)

https://seekingalpha.com/article/4552606-papa-johns-international-inc-pzza-q3-2022-earnings-call-transcript

Chuy’s (CHUY)

https://seekingalpha.com/article/4553661-chuys-holdings-inc-chuy-q3-2022-earnings-call-transcript

BJ’s (BJRI)

https://seekingalpha.com/article/4547973-bjs-restaurants-inc-bjri-q3-2022-earnings-call-transcript

Cracker Barrel (CBRL)

https://seekingalpha.com/article/4562104-cracker-barrel-old-country-store-inc-cbrl-q1-2023-earnings-call-transcript

Driven Brands (DRVN)

https://seekingalpha.com/article/4549489-driven-brands-holdings-inc-drvn-q3-2022-earnings-call-transcript

Ark Restaurants (ARKR)

https://seekingalpha.com/article/4565566-ark-restaurants-corp-arkr-q4-2022-earnings-call-transcript

THE WEEK TO COME – earnings reports  – nobody reporting – Happy New Year!