PREVIOUSLY REPORTING:  JUST ONE DOWNGRADE: BLOOMIN’ BRANDS DOWNGRADED FROM NEUTRAL TO UNDERPERFORM (AT B OF A SECURITIES)

OTHERWISE:

Chipotle:  Maintained Positively at  3 firms.

Maintained Positively at 1 firm were: Dine Brands, Chipotle, Wingstop, Darden, First Watch, McDonald’s, Dutch Bros, RCI Hospitality & Portillo’s.

COMPANIES REPORTING DURING WEEK: BRINKER INTERNATIONAL AND STARBUCKS

BRINKER: (after a huge run the last twelve months) Maintained Neutral at 5 firms, still Positive at 3 firms.

STARTBUCKS:  Maintained Neutral at 2 firms, Positive at 4 firms.

Conference call transcripts are below for all companies reporting in prior weeks with ratings changes (Bloomin’ Brands), Initiations (none), or companies reporting in THE WEEK THAT WAS: (Brinker and Starbucks)

TRANSCRIPTS:    

Bloomin’ Brands (BLMN)

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

Brinker International (EAT)

Brinker International, Inc. (EAT) Q2 2025 Earnings Call Transcript _ Seeking Alpha

Starbucks (SBUX)

Starbucks Corporation (SBUX) Q1 2025 Earnings Call Transcript _ Seeking Alpha

THE WEEK TO COME