PREVIOUSLY REPORTING:  no ratings changes – ONE INITIATION (CAVA)

OTHERWISE:

Starbucks: two firms remain Neutral, one still says Buy

CAVA: One firm Initiates at Equal Weight, One firm remains Outperform

Brinker: Two firms stay Neutral

Chipotle: One firm remains Neutral, One firm stay Positive

Wingstop: Three firms remain Neutral (fully priced?)

One firm stays Neutral with: Cracker Barrel, Restaurant Brands, McDonald’s, Wingstop, TX Roadhouse

One firm remains Positive with Red Robin Gourmet Burgers

COMPANIES REPORTING DURING WEEK: TH International (THCH-Tim Horton’s, and Popeye’s, of China), Meritage Hospitality (MHGU), Winmark Corporation (WINA)

Conference call transcripts are below for all companies reporting in prior weeks with ratings changes (none),  initiations (CAVA Group), or companies reporting in THE WEEK THAT WAS: (TH Int’l, Winmark, Meritage Hospitality, but none had conference calls)

TRANSCRIPTS & PRESENTATIONS

CAVA Group (CAVA)

https://seekingalpha.com/article/4674063-cava-group-inc-cava-q4-2023-earnings-call-transcript

THE WEEK TO COME:

Chipotle – 4/24 After Market Close