THE WEEK THAT WAS, ENDING FEBRUARY 14th – NINE EARNINGS REPORTS, WITH DUTCH BROS POPPING OVER 20% – with relevant transcripts – EARNINGS SEASON CONTINUES THIS WEEK WITH 7 REPORTS

PREVIOUSLY REPORTING: No ratings changes.

Valvoline maintained Neutral at 1 firm.

Sweetgreen, Papa John’s, Texas Roadhouse all maintained Positively at 1 firm.

COMPANIES REPORTING DURING WEEK: McDonald’s, RCI Hospitality, Ark Restaurants, Regis, Denny’s, Restaurant Brands, Dutch Bros, Wendy’s, Flanigan’s. – No ratings changes.

Wendy’s maintained Neutral at 3 firms, Positively at 1 firm.

Denny’s maintained Positively at 3 firms.

Dutch Bros maintained Neutral at 1 firm, Positively at 6 firms.

Restaurant Brands maintained Positively at 3 firms.

McDonald’s maintained Neutral at 3 firms, Positively at 8 firms.

RCI Hospitality Holdings maintained Positively at 1 firm.

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: (McDonald’s, RCI Hospitality, Ark Restaurants, Regis, Denny’s, Restaurant Brands, Dutch Bros, Wendy’s – no conference call or transcript at Flanigan’s) )

TRANSCRIPTS:

McDonald’s

McDonald’s Corporation (MCD) Q4 2024 Earnings Call Transcript _ Seeking Alpha

RCI Hospitality Holdings

RCI Hospitality Holdings, Inc. (RICK) Q1 2025 Earnings Call Transcript _ Seeking Alpha

RCI Hospitality Holdings, Inc. 2025 Q1 – Results – Earnings Call Presentation (NASDAQ _ RICK) _ Seeking Alpha

Ark Restaurants

Ark Restaurants Corp. (ARKR) Q1 2025 Earnings Call Transcript _ Seeking Alpha

Regis Corp.

Regis Corporation (RGS) Q2 2025 Earnings Call Transcript _ Seeking Alpha

Denny’s

Denny’s Corporation (DENN) Q4 2024 Earnings Call Transcript _ Seeking Alpha