THE WEEK THAT WAS, ENDING August 22nd – 3 lightly covered companies report – no ratings changes – quiet pre-Labor Day week coming up – click through yellow box on Home Page for over 60 write-ups, including conference call transcripts

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REPORTED IN PRIOR WEEKS (below): No ratings changes

Maintained were McDonald’s (Hold) and Dutch Bros (Buy)

Reporting companies in past week were: BT Brands (BTBD), Noble Roman’s (NROM) and Reborn Coffee (REBN) – none of which are covered by analysts other than ourselves.

Conference call transcripts are below for all companies reporting in prior weeks with ratings change in THE WEEK THAT WAS: (none) Initiations (none), or companies reporting::(Noble Roman’s, BT Brands and Reborn Coffee) – BT Brands and Reborn Coffee have had no conference calls. Noble Roman’s (NROM) has Q2 conference call scheduled for 4:00pm on Monday, August 25th.

THE WEEK TO COME  – Only TH International (THCH) (“Tim’s of China”) is scheduled to report, the morning of Tuesday, 8/26 before the market opens.