REPORTED IN PRIOR WEEKS – No ratings changes – however:
McDonald’s: maintained Neutral at 1 firm, Buy at 1 firm.
Maintained Neutral at 1 firm were: Papa John’s, Dine Brands, Wendy’s, CAVA Group.
Maintained Positively at 1 firm were: Dutch Bros, Texas Roadhouse, Shake Shack, Valvoline and Brinker International.
REPORTING IN THE WEEK THAT WAS: Cheesecake Factory, Wingstop, Chipotle, Starbucks, Yum Brands, Yum China, BJ’s Restaurants –
Only ratings change was regarding Cheesecake Factory, with One Upgrade (from Underweight to Equal-weight) and One Downgrade (from Buy to Hold).
Otherwise:
Cheesecake Factory: maintained Neutral by 3 firms Positively by 3 firms.
Wingstop: maintained Positively at 8 firms, as stock trades near 3 year low.
Chipotle Mexican Grill: maintained Neutral at 3 firms, Positive at 5 firms.
Starbucks: Maintained with Underperform at 1 firm, Neutral by firms, Positive by 5 firms.
BJ’s Restaurants: Maintained Neutral at 1 firm, Buy at 1 firm.
Yum Brands: Maintained Sector Perform at 1 firm.
Conference call transcripts are below for all companies reporting in prior weeks with ratings change (none), reporting in THE WEEK THAT WAS: ( Cheesecake Factory, Wingstop, Chipotle, Starbucks, Yum Brands, Yum China, BJ’s Restaurants) and Initiated Coverage (none).
The Cheesecake Factory (CAKE)
The Cheesecake Factory Incorporated (CAKE) Q2 2026 Earnings Call Transcript _ Seeking Alpha
Wingstop (WING)
Wingstop Inc. (WING) Q2 2026 Earnings Call Transcript _ Seeking Alpha
Chipotle Mexican Grill (CMG)
Chipotle Mexican Grill, Inc. (CMG) Q2 2026 Earnings Call Transcript _ Seeking Alpha
Starbucks Corporation (SBUX)
Starbucks Corporation (SBUX) Q3 2026 Earnings Call Transcript _ Seeking Alpha
Yum Brands (YUM)
Yum! Brands, Inc. (YUM) Q2 2026 Earnings Call Transcript _ Seeking Alpha
Yum China (YUMC)
Yum China Holdings, Inc. (YUMC) Q2 2026 Earnings Call Transcript _ Seeking Alpha
BJ’s Restaurants (BJRI)
BJ’s Restaurants, Inc. (BJRI) Q2 2026 Earnings Call Transcript _ Seeking Alpha
