THE WEEK THAT WAS, ENDING AUGUST 23rd – CAVA & RED ROBIN PROVIDE SOME ACTION, FOUR DOWNGRADES – WORTH YOUR TIME are easily accessible relevant transcripts & presentations

PREVIOUSLY REPORTING: Piper Sandler Downgrades: Sweetgreen, Dutch Bros, Shake Shack (all to Neutral) — DZ Bank Downgrades Starbucks (aggressively) from Hold to Sell

Otherwise:

Maintained at Neutral by 1 firm are: Shake Shack & Bloomin’ Brands

Maintained Positively by 1 firm are; Darden, Driven Brands, Dave & Buster’s, Restaurant Brands, Papa John’s, European Wax Center, McDonald’s, Jack in the Box & Sweetgreen

COMPANIES REPORTING DURING WEEK: CAVA Group, Red Robin Gourmet, Yoshiharu Global, Reborn Coffee – no ratings changes

However:

CAVA maintained Neutral at 2 firms, Positively at 5 firms (as stock goes up 20%)

Red Robin maintained Buy at 3 firms (as stock goes down 15%)

Transcripts are below for all companies reporting in prior weeks with ratings changes (Starbucks, Sweetgreen, Shake Shack, Dutch Bros), initiations (none), or companies reporting in THE WEEK THAT WAS (CAVA Group, Red Robin Gourmet Burgers, no conference calls at Yoshiharu Global or Reborn Coffee)

TRANSCRIPTS & PRESENTATIONS

Starbucks (SBUX)

Starbucks Corporation (SBUX) Q3 2024 Earnings Call Transcript _ Seeking Alpha

Sweetgreen (SG)

Sweetgreen, Inc. (SG) Q2 2024 Earnings Call Transcript _ Seeking Alpha

Shake Shack (SHAK)

Shake Shack Inc. (SHAK) Q2 2024 Earnings Call Transcript _ Seeking Alpha

Shake Shack Inc. 2024 Q2 – Results – Earnings Call Presentation (NYSE _ SHAK) _ Seeking Alpha

Dutch Bros (BROS)

Dutch Bros, Inc. (BROS) Q2 2024 Earnings Call Transcript _ Seeking Alpha

Dutch Bros Inc. 2024 Q2 – Results – Earnings Call Presentation (NYSE _ BROS) _ Seeking Alpha

CAVA Group (CAVA)