THE WEEK THAT WAS, ENDING MARCH 31st – TAIL END OF DEC ’22 REPORTS, only DAVE & BUSTER'S, YOSHIHARU GLOBAL & NOBLE ROMAN'S – TWO RATING CHANGES FROM EARLIER REPORTS, with relevant transcripts

Regarding companies previously reporting:

Two rating changes: Wingstop downgraded to Underperform and Restaurant Brands upgraded to Outperform

Jack in the Box initiated at Buy

Driven Brands initiated at Buy

Analysts remain Positive on Dine Brands, McDonald’s and Starbucks

REPORTED IN PAST WEEK – Dave & Buster’s (PLAY), Yoshiharu Global (YOSH) and Noble Roman’s (NROM)

Only reporting company covered by analysts (other than ourselves) was PLAY, maintained as BUY by Truist, Yoshiharu Blobal (YOSH) reported (without conference call), Noble Roman’s (NROM) reported on Friday (conference call Monday).

Conference call transcripts are below for all companies reporting in prior weeks with ratings changes (Wingstop and Restaurant Brands), or initiations (Jack in the Box and Driven Brands), companies reporting in THE WEEK THAT WAS (Dave & Buster’s, a Yoshiharu Global, Noble Roman’s).

Wingstop

https://seekingalpha.com/article/4580800-wingstop-inc-wing-q4-2022-earnings-call-transcript

Restaurant Brands

https://seekingalpha.com/article/4580800-wingstop-inc-wing-q4-2022-earnings-call-transcript

Jack in the Box

https://seekingalpha.com/article/4583496-jack-in-box-inc-jack-q1-2023-earnings-call-transcript

Driven Brands

https://seekingalpha.com/article/4581094-driven-brands-holdings-inc-drvn-q4-2022-earnings-call-transcript

Dave & Buster’s

https://seekingalpha.com/article/4590791-dave-and-busters-entertainment-inc-play-q4-2022-earnings-call-transcript

Yoshiharu Global – no conference call

Noble Roman’s – reported 3/31, conference call scheduled for 4/3