PREVIOUSLY REPORTING:  NO RATINGS CHANGES

Darden maintained Neutral at 2 firms

Papa Johns maintained Positively at 2 firms

Jack in the Box, Sweetgreen & Brinker maintained Neutral at 1 firm

Wingstop, European Wax Center, Cheesecake Factory, Chipotle and the One Group Hospitality all maintained Positively at 1 firm.

COMPANIES REPORTING DURING WEEK: Dave & Buster’s and Good TImes Restaurants.

Dave & Buster’s disappointed, and CEO is leaving: Downgraded at 2 firms, 2 other firms maintained Positive ratings (with stock at under 5x TTM Adjusted EBITDA.)

Good TImes Restaurants not covered by anyone except ourselves. No Ratings. 

Conference call transcripts are below for all companies reporting in prior weeks with ratings changes (Dave & Buster’s),  initiations (Sweetgreen), or companies reporting in THE WEEK THAT WAS: (Dave & Buster’s, again).

TRANSCRIPTS:

Dave & Buster’s (PLAY)

Dave & Buster’s Entertainment, Inc. (PLAY) Q3 2024 Earnings Call Transcript _ Seeking Alpha

Sweetgreen (SG)

Sweetgreen, Inc. (SG) Q3 2024 Earnings Call Transcript _ Seeking Alpha

THE WEEK TO COME