PREVIOUSLY REPORTING: NO RATINGS CHANGES
MAINTAINED AT NEUTRAL: PLANET FITNESS AND WENDY’S
MAINTAINED WITH POSITIVE RATINGS: TX ROADHOUSE & REST. BRANDS
COMPANIES REPORTING DURING WEEK (MCD, CMG, YUM, YUMC & RICK): lots of coverage at first three, with one ratings change (at MCD), latter two (Yum China and RCI Hospitality) not widely covered
CHIPOTLE: No changes but 4 firms maintained at Neutral and 7 firms maintained Positively
McDONALD’S: ONE DOWNGRADE TO NEUTRAL, one firm maintained at Neutral, 7 firms maintained Positively
YUM BRANDS: No ratings changes, 2 firms maintained at Neutral, 2 firms maintained Positively
Conference call transcripts are below for all companies reporting in prior weeks with ratings changes (none), initiations (none), or companies reporting in THE WEEK THAT WAS: (Chipotle, McDonald’s, Yum Brands, RCI Holdings, Yum China).
TRANSCRIPTS:
Chipotle Mexican Grill (CMG)
McDonald’s (MCD)
https://seekingalpha.com/article/4667570-mcdonalds-corporation-mcd-q4-2023-earnings-call-transcript
Yum Brands (YUM)
https://seekingalpha.com/article/4668254-yum-brands-inc-yum-q4-2023-earnings-call-transcript
RCI Hospitality Holdings (RICK)
Yum China (YUMC)
THE WEEK TO COME:
