PREVIOUSLY REPORTING (below):  JUST ONE RATINGS CHANGE – JP MORGAN UPGRADES CAVA Group  FROM NEUTRAL TO BUY

OTHERWISE:

CHIPOTLE: maintained Neutral at 1 firm, Buy at another

Maintained Underweight: Shake Shack and Cheesecake Factory, each at 1 firm

Maintained Neutral: Texas Roadhouse, Bloomin Brands, Yum Brands, each at 1 firm

Maintained Overweight: First Watch, McDonald’s, each at 1 firm

COMPANIES REPORTING DURING WEEK (below):  Only Darden Restaurants – Fourteen analysts maintain ratings, 4 Neutral, 10 Positive – Count us as one more Positive

Conference call transcripts are below for all companies reporting in prior weeks with ratings changes (CAVA Group), Initiations (none), or companies reporting in THE WEEK THAT WAS: ( Darden Restaurants)                       ).                                 )

TRANSCRIPTS OF CONFERENCE CALLS AND PRESENTATIONS:

CAVA Group, Inc. (CAVA)

Group (CAVA)CAVA Group, Inc. (CAVA) Q4 2024 Earnings Call Transcript _ Seeking Alpha

CAVA Group, Inc. 2024 Q4 – Results – Earnings Call Presentation (NYSE _ CAVA) _ Seeking Alpha

Darden Restaurants, Inc.  (DRI)

Darden Restaurants, Inc. (DRI) Q3 2025 Earnings Call Transcript _ Seeking Alpha

Darden Restaurants, Inc. 2025 Q3 – Results – Earnings Call Presentation (NYSE _ DRI) _ Seeking Alpha

THE WEEK TO COME – THERE ARE NO COMPANIES SCHEDULE TO PRESENT – possible reports from Noble Roman’s (NROM), BT Brands (BTBD)