THE WEEK THAT WAS, ENDING May 22nd, 4 companies report, TWO UPGRADES !!

Restaurant Finance Monitor

REPORTED IN PRIOR WEEKS –  ONE UPGRADE, JP Morgan upgrades Sweetgreen from Neutral to Overweight.

Otherwise:

Dutch Bros maintained at Buy by 2 firms.

Texas Roadhouse maintained with Positive ratings by 2 firms.

Sweetgreen maintained at Outperform by 1 firm.

Planet Fitness maintained at Buy by 1 firm.

REPORTED IN THE WEEK THAT WAS: Driven Brands Holdings, CAVA Group, Red Robin Gourmet Burgers, Arcos Dorados. – ONE UPGRADE, CAVA Group upgraded by Argus Research from Hold to Buy.

Otherwise:

CAVA Group  maintained with Neutral ratings by 3 firms, maintained with Positive ratings by 7 firms.

Driven Brands maintained with Neutral ratings by 3 firms, Positive ratings at 2 firms.

Conference call transcripts are below for all companies reporting in prior weeks with ratings change (Sweetgreen) reporting in THE WEEK THAT WAS: (Driven Brands, CAVA Group, Red Robin, Arcos Dorados) an Initiated Coverage (none).

Sweetgreen, Inc. (SG)

Sweetgreen, Inc. (SG) Q1 2026 Earnings Call Transcript _ Seeking Alpha

Driven Brands Holdings (DRVN)

Driven Brands Holdings Inc. (DRVN) Q4 2025 Earnings Call Transcript _ Seeking Alpha

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CAVA Group, Inc. (CAVA)

CAVA Group, Inc. (CAVA) Q1 2026 Earnings Call Transcript _ Seeking Alpha

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Red Robin Gourmet Burgers, Inc. (RRGB)

Red Robin Gourmet Burgers, Inc. (RRGB) Q1 2026 Earnings Call Transcript _ Seeking Alpha

Arcos Dorados (ARCO)

Arcos Dorados Holdings Inc. (ARCO) Q1 2026 Earnings Call Transcript _ Seeking Alpha

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THE WEEK TO COME – NO EARNINGS ARE SCHEDULED