PREVIOUSLY REPORTING:  Wingstop Upgraded to Buy, Yum China Upgraded to Overweight.

Otherwise:

Wingstop maintained at Neutral by 1 firm, at Outperform by 2.

Brinker maintained at Neutral by 1 firm, at Buy. by 1 firm.

BJ’s Restaurants maintained at Neutral by 1 firm.

Maintained Positively by 1 firm are Cheesecake, CAVA, RCI Hospitality and Jack in the Box.

COMPANIES REPORTING DURING WEEK: BRC Corp, Portillo’s, Restaurant Brands, Sweetgreen, Yum Brands, Dine Brands, Regis, Kura Sushi, Noodles, Papa John’s, Planet Fitness, First Watch, GEN Restaurants, The Joint, Potbelly, Exponential Fitness, Nathan’s, Bloomin’ Brands, The One Group Hospitality.

Nineteen Companies Report – Sweetgreen, Dine Brands & Planet Fitness all Downgraded to Neutral by 1 firm. 

Otherwise:

Maintained are:

Restaurant Brands Positively 6 firms.

Sweetgreen Positively at 3 firms.

Yum Brands Neutral at 3 firms.

First Watch Neutral at 1 firm, Positive at 3 firms.

Dutch Bros Neutral at 2 firms, Positive at 4 firms.

Dine Brands Neutral at 1 firm, Positive at 3 firms.

Papa John’s Neutral at 1 firm, Positive at 2 firms.

Planet Fitness Neutral at 1 firm, Positive at 4 firms.

Kura Sushi Neutral at 2 firms, Positive at 1 firm.

Portillo’s Neutral a 2 firms.

BRC and Exponential Fitness Neutral at 1 firm.

Noodles and The Joint Positive at 1 firm.

Transcripts are below for all companies reporting in prior weeks with ratings changes (Wingstop and Yum China), initiations (none),  or companies reporting  in THE WEEK THAT WAS (BRC Corp, Portillo’s, Restaurant Brands, Sweetgreen, Yum Brands, Dine Brands, Regis, Kura Sushi, Noodles, Papa John’s, Planet Fitness, First Watch, GEN Restaurants, The Joint, Potbelly, Exponential Fitness, Nathan’s, Bloomin’ Brands, The One Group).

Wingstop (WING)

Wingstop Inc. (WING) Q3 2024 Earnings Call Transcript _ Seeking Alpha

Yum China (YUMC)

Yum China Holdings, Inc. (YUMC) Q3 2024 Earnings Call Transcript _ Seeking Alpha

BRC Inc. (BRCC

BRC Inc (BRCC) Q3 2024 Earnings Call Transcript _ Seeking Alpha

Portillo’s (Inc. (PTLO)

Portillo’s Inc. 2024 Q3 – Results – Earnings Call Presentation (NASDAQ _ PTLO) _ Seeking Alpha

Restaurant Brands (QSR)

Restaurant Brands International Inc. (QSR) Q3 2024 Earnings Call Transcript _ Seeking Alpha

Sweetgreen (SG)

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

Yum Brands (YUM)

Yum! Brands, Inc. (YUM) Q3 2024 Earnings Call Transcript _ Seeking Alpha

Dine Brands Global (DIN)

Dine Brands Global, Inc. (DIN) Q3 2024 Earnings Call Transcript _ Seeking Alpha

Regis Corporation (RGS)

Regis Corporation (RGS) Q1 2025 Earnings Call Transcript _ Seeking Alpha

Kura Sushi USA (KRUS)

Kura Sushi USA, Inc. (KRUS) Q3 2024 Earnings Call Transcript _ Seeking Alpha

Noodles (NDLS)

Noodles & Company (NDLS) Q3 2024 Earnings Call Transcript _ Seeking Alpha

Papa John’s (PZZA)

Papa John’s International, Inc. (PZZA) Q3 2024 Earnings Call Transcript _ Seeking Alpha

Planet Fitness (PLNT)

Planet Fitness, Inc. (PLNT) Q3 2024 Earnings Call Transcript _ Seeking Alpha

First Watch (FWRG) – transcript not yet available

GEN Restaurants (GENK) – transcript not yet available

The Joint Corp. (JYNT)

The Joint Corp. (JYNT) Q3 2024 Earnings Call Transcript _ Seeking Alpha

Potbelly (PBPB) – transcript not yet available

Exponential Fitness (XPOF) – transcript not yet available

Nathan’s Famous (NATH) – no conference call

Bloomin’ Brands (BLMN)- 

Bloomin’ Brands, Inc. (BLMN) Q3 2024 Earnings Call Transcript _ Seeking Alpha

The One Group Hospitality (STKS)  – transcript not yet available

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