PREVIOUSLY REPORTING: ONE DOWNGRADE – YUM BRANDS, FROM BUY TO HOLD – ONE UPGRADE, CAVA GROUP FROM IPO HOLD TO BUY)
OTHERWISE:
Dutch Bros maintained at Hold by one firm, Outperform at another
Cheesecake Factory reinstated at Overweight, Reiterated at Outperform
Cava Group, aside from Upgrade, maintained Positively at two firms
Chipotle maintained twice Neutral, at five firms Positively
Darden reiterated at one firm Positively, reinstated at another, also Positive
Brinker maintained once Negatively, maintained as Buy at another
Jack in the Box maintained twice with Neutral ratings
McDonald’s maintained once Neutral, twice Positively
Portillo’s maintained once Neutral, once Positively
Starbucks maintained Neutral at three firms, Positively at one firm
Sweetgreen maintained Underweight at one firm, Neutral at another
Shake Shack maintained Neutral at two firms
Texas Roadhouse maintained once, reinstated once, initiated at another, all Neutral
Wendy’ reiterated at one firm, reinstated at another, both Neutral
Wingstop maintained at firm Neutral, reinstated once and reiterated once, both Buys
Yum Brands, aside from Downgrade, maintained twice Positively
First Watch maintained once at Hold
Maintained Once Positively were Papa John’s, The One Group, Pinstripes, Exponential Fitness, Restaurant Brands & Dine Brands
COMPANIES REPORTING DURING WEEK: None Reported
Conference call transcripts are below for all companies reporting in prior weeks with ratings changes (Cava Group, Yum Brands, initiations (Texas Roadhouse, Pinstripes), or companies reporting in THE WEEK THAT WAS: (none)
TRANSCRIPTS & PRESENTATIONS
Cava Group
https://seekingalpha.com/article/4674063-cava-group-inc-cava-q4-2023-earnings-call-transcript
Yum Brands
https://seekingalpha.com/article/4668254-yum-brands-inc-yum-q4-2023-earnings-call-transcript
Texas Roadhouse
https://seekingalpha.com/article/4670843-texas-roadhouse-inc-txrh-q4-2023-earnings-call-transcript
Pinstripes
THE WEEK TO COME:
ONLY WINMARK ESTIMATED TO REPORT DURING DAY ON 4/17 and TH Int’l on 4/19 During Day