THE WEEK THAT WAS, ENDING 12/9: A DOWNGRADE, AN UPGRADE, AND TWO INITIATIONS (ON NON-RESTAURANT FRANCHISORS)

Regarding companies previously reporting, two changes:

Regarding Starbucks: Brian Mullan downgrades from Buy to Hold.

Regarding Domino’s: Peter Saleh upgrades from Neutral to Buy.

For Companies Reporting During Week: Dave & Buster’s (PLAY) reports, no change

Regarding Dave & Buster’s: Andrew Strelzik maintains Outperform

Conference call transcripts are below for all companies reporting in prior weeks with ratings changes (Starbucks and Domino’s), or initiations (Driven Brands and Exponential Fitness) and companies reporting in THE WEEK THAT WAS (Dave & Buster’s).

Starbucks(SBUX)

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

Domino’s (DPZ)

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

Driven Brands (DRVN)

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

Exponential Fitness (XPOF)

https://seekingalpha.com/article/4556983-xponential-fitness-inc-xpof-q3-2022-earnings-call-transcript

https://seekingalpha.com/article/4556637-xponential-fitness-inc-2022-q3-results-earnings-call-presentation

THE WEEK TO COME – earnings reports – three companies to report

12-14 4:30PM RICK RCI Hospitality Holdings 888-506-0062

https://www.webcaster4.com/Webcast/Page/2209/47126