
REPORTED IN PRIOR WEEKS (below): Two Downgrades: Jack in the Box from Buy to Hold, Starbucks from Buy to Hold. One Upgrade: Wingstop from Hold to Buy
Otherwise:
Maintained by 1 firm with Neutral Rating: Shake Shack & Chipotle
Maintained by 1 firm with Positive Rating: Restaurant Brands & Wingstop

COMPANIES REPORTING DURING WEEK: only Red Robin Gourmet Burgers (RRGB) with no ratings changes (though stock went up over 50% on 10x the average volume (27M shares traded, more than the total shares outstanding). Somebody thought the quarter was encouraging.
Conference call transcripts are below for all companies reporting in prior weeks with ratings changes (Jack in the Box, Wingstop, Starbucks), Initiations (none), or companies reporting in THE WEEK THAT WAS: (Red Robin)
Jack in the Box (JACK)
Jack in the Box, Inc. (JACK) Q2 2025 Earnings Call Transcript _ Seeking Alpha
Wingstop (WING)
Wingstop Inc. (WING) Q1 2025 Earnings Call Transcript _ Seeking Alpha
Starbucks (SBUX)
Starbucks Corporation (SBUX) Q2 2025 Earnings Call Transcript _ Seeking Alpha
Red Robin Gourmet Burgers (RRGB)
Red Robin Gourmet Burgers, Inc. (RRGB) Q1 2025 Earnings Call Transcript _ Seeking Alpha
THE WEEK TO COME

