PREVIOUSLY REPORTING (below):  No ratings changes – a number of Initiations:

Dutch Bros: Maintained at Buy by 1 firm.  Positive Initiations at 2 firms. (Possibly relating to Investor Day on27th of March: BROS sold off following the meeting, with nothing much “new” presented and general weakness among high multiple stocks.)

Kura Sushi: Maintained Neutral at 1 firm, Buy at 1 firm.

Shake Shack Initiated with Equal Weight at 1 firm.

Papa John’s and Jack in the Box maintained Neutral at 1 firm.

Wingstop Initiated with Over Weight at 1 firm.

Texas Roadhouse and Darden maintained Positively at 1 firm.

COMPANIES REPORTING DURING WEEK (below):  None

Conference call transcripts are below for all companies reporting in prior weeks with ratings changes (none), Initiations (Dutch Bros, Shake Shack, Wingstop), or companies reporting in THE WEEK THAT WAS: ( none).

TRANSCRIPTS OF CONFERENCE CALLS AND PRESENTATIONS

Dutch Bros (BROS)

Dutch Bros, Inc. (BROS) Q4 2024 Earnings Call Transcript _ Seeking Alpha

Dutch Bros Inc. 2024 Q4 – Results – Earnings Call Presentation (NYSE _ BROS) _ Seeking Alpha

Shake Shack (SHAK)

Shake Shack Inc. (SHAK) Q4 2024 Earnings Call Transcript _ Seeking Alpha

Wingstop (Wing)

Wingstop Inc. (WING) Q4 2024 Earnings Call Transcript _ Seeking Alpha

THE WEEK TO COME – NO REPORTS SCHEDULED – Possible reports from BT Brands (BTBD) and Noble Roman’s (NROM)