REPORTED IN PRIOR WEEKS (below): An Initiation of Sweetgreen with Overweight

Otherwise:

Maintained with Neutral ratings: Wendy’s and Jack in the Box.

Maintained with Positive ratings: CAVA, Potbelly, Chipotle and Wingstop.

COMPANIES REPORTING DURING WEEK: only Darden and Rocky Mountain Chocolate Factory. Hardly any coverage, except ours, for Rocky Mountain Chocolate Factory.

Darden: Maintained with Neutral ratings by 3 firms,  Positive ratings at 5 firms.

Conference call transcripts are below for all companies reporting in prior weeks with ratings change in THE WEEK THAT WAS: (none), Initiations (Sweetgreen), or companies reporting (Darden & Rocky Mountain Chocolate Factory).

Sweetgreen (SG)

https://seekingalpha.com/article/4784098-sweetgreen-inc-sg-q1-2025-earnings-call-transcript

Darden Restaurants (DRI)

https://seekingalpha.com/article/4796199-darden-restaurants-inc-dri-q4-2025-earnings-call-transcript

https://seekingalpha.com/article/4796175-darden-restaurants-inc-2025-q4-results-earnings-call-presentation

Rocky Mountain Chocolate Factory (RMCF)

https://seekingalpha.com/article/4796200-rocky-mountain-chocolate-factory-inc-rmcf-q4-2025-earnings-call-transcript

THE WEEK TO COME: With very limited coverage: TH International (Tim Horton’s China) reports Tuesday, 6/24 before market opens, Pinstripes (PNST) reports Friday, 6/27 after market closes.