REPORTED IN PRIOR WEEKS (below): Only ratings changes were
Piper Sandler Upgrading Chipotle from Neutral to Overweight,
Argus Research Downgrading Restaurant Brands from Buy to Hold,
Baird Upgrading Starbucks from Hold to Buy,
Wingstop Upgraded by Raymond James from Outperform to Strong Buy.
Otherwise:
Wendy’s maintained at Neutral by 2 firms, Positively by 2 firms.
Chipotle maintained at Outperform by 1 firm.
Restaurant Brands maintained at Buy by 1 firm.
Papa John’s maintained at Hold by 2 firms, at Buy by1 firm.
Cheesecake Factory maintained at Outperform by 1 firm.
Reporting companies in past week were: Ark Restaurants, RCI Hospitality, CAVA Group, Brinker Int’l, Arcos Dorados, European Wax Center, Noodles, Red Robin.
Out of 8 companies reporting, only ratings change was Benchmark Downgrading Noodles from Buy to Hold.
Otherwise:
Brinker Int’l maintained at Neutral by 7 firms.
CAVA Group maintained at Neutral by 4 firms, Positively by 4 firms.
European Wax Center maintained at Neutral by 2 firms.
Conference call transcripts are below for all companies reporting in prior weeks with ratings change in THE WEEK THAT WAS: (Chipotle, Restaurant Brands, Starbucks, Wingstop) Initiations (none), or companies reporting::(Ark Restaurants, RCI Hospitality, CAVA Group, Brinker Int’l, Arcos Dorados, European Wax Center, Noodles, Red Robin).
Chipotle Mexican Grill (CMG)
Chipotle Mexican Grill, Inc. (CMG) Q2 2025 Earnings Call Transcript _ Seeking Alpha
Restaurant Brands (QSR)
Restaurant Brands International Inc. (QSR) Q2 2025 Earnings Call Transcript _ Seeking Alpha
Starbucks (SBUX)
Starbucks Corporation (SBUX) Q3 2025 Earnings Call Transcript _ Seeking Alpha
Wingstop (WING)
Wingstop Inc. (WING) Q2 2025 Earnings Call Transcript _ Seeking Alpha
Ark Restaurants (ARKR)
Ark Restaurants Corp. (ARKR) Q3 2025 Earnings Call Transcript _ Seeking Alpha
RCI Hospitality (RICK)
RCI Hospitality Holdings, Inc. (RICK) Q3 2025 Earnings Call Transcript _ Seeking Alpha
CAVA Group (CAVA)
CAVA Group, Inc. (CAVA) Q2 2025 Earnings Call Transcript _ Seeking Alpha
Brinker Int’l (EAT)
Brinker International, Inc. (EAT) Q4 2025 Earnings Call Transcript _ Seeking Alpha
Arcos Dorados (ARCO)
Arcos Dorados Holdings Inc. (ARCO) Q1 2025 Earnings Call Transcript _ Seeking Alpha
European Wax Center (EWCZ_
European Wax Center, Inc. (EWCZ) Q2 2025 Earnings Call Transcript _ Seeking Alpha
Noodles & Co. (NDLS)
Noodles & Company (NDLS) Q2 2025 Earnings Call Transcript _ Seeking Alpha
Red Robin Gourmet Burgers (RRGB)
Red Robin Gourmet Burgers, Inc. (RRGB) Q2 2025 Earnings Call Transcript _ Seeking Alpha
THE WEEK TO COME – NO COMPANIES ARE SCHEDULED TO REPORT