Regarding companies previously reporting:
Starbucks: three firms like it, two firms neutral, no changes
Wendy’s: four firms neutral, one says buy, no changes
Restaurant Brands: Morgan Stanley stays Neutral, BMO upgrades to POSITIVE
Cheesecake Factory: M. Stanley stays UNDERWEIGHT, Citigroup downgrades to NEUTRAL
Darden: two firms maintain positive ratings
Texas Roadhouse: M.Stanley stays NEUTRAL, Raymond James lowers to OUTPERFORM
McDonalds’s: two firms like it
Domino’s: JP Morgan maintains NEUTRAL, M. Stanley upgrades to OVERWEIGHT
Sweetgreen: JP Morgan maintains OVERWEIGHT, M.Stanley downgrades to EQUALWEIGHT
Yum Brands: One neutral, one positive, no ratings change
Papa John’s: Keybanc mantains OVERWEIGHT
Morgan Stanley maintains EQUALWEIGHT on Wingstop, Jack in the Box, Brinker, Bloomin’ Brands, and European Wax Centers, DOWNGRADES Krispy Kreme and Chipotle to EQUALWEIGHT, UPGRADES Portillo’s to OVERWEIGHT AND DOWNGRADES Shake Shack to UNDERWEIGHT.
For Companies Reporting During Week: NONE
Conference call transcripts are below for all companies reporting in prior weeks with ratings changes (Restaurant Brands, Cheesecake Facory, TX Roadhouse, Domino’s, Sweetgreen, Krispy Kreme, Chipotle, Portillo’s,Shake Shack), or initiations (NONE) and companies reporting in THE WEEK THAT WAS (NONE).
THE WEEK TO COME – earnings reports – nobody scheduled for sure, McDonald’s a possibility.