THE WEEK THAT WAS, ENDING MAY 16TH – Seven Companies Report, including industry leading CAVA - One Initiation - relevant conference call transcripts are provided

PREVIOUSLY REPORTING (below): Seven companies reported, no rating change, One Initiation (Dutch Bros), with a Buy

Otherwise, maintained were:

Wingstop: with 4 firms Positive

Planet Fitness: with 1 firm Neutral and 1 Buy

Sweetgreen: with 1 firm Neural and 1 Buy

1 firm remained Positive at Papa John’s, Xponential Fitness, Starbucks, Shake Shack and Fat Brands

COMPANIES REPORTING DURING WEEK (below): RCI Hospitality, Regis, GEN Restaurants, Arcos Dorados, European Wax Center, Jack in the Box, CAVA Group. Maintained were:

CAVA Group: with 1 firm Neutral and 2 firms Positive

European Wax Center: with 1 firm Neutral and 1 firm at Buy

Jack in the Box: with 3 firm Neutral and 1 firm at Buy

GEN Restaurant Group: with 1 firm at Buy

Conference call transcripts are below for all companies reporting in prior weeks with ratings changes (none), Initiations (Dutch Bros), or companies reporting in THE WEEK THAT WAS: (RCI Hospitality, Regis, GEN Restaurants, Arcos Dorados, European Wax Center, Jack in the Box, CAVA Group.)

Dutch Bros (BROS)

Dutch Bros Inc. (BROS) Q1 2025 Earnings Call Transcript _ Seeking Alpha

Dutch Bros Inc. 2025 Q1 – Results – Earnings Call Presentation (NYSE _ BROS) _ Seeking Alpha

RCI Hospitality (RICK)

RCI Hospitality Holdings, Inc. (RICK) Q2 2025 Earnings Call Transcript _ Seeking Alpha

RCI Hospitality Holdings, Inc. 2025 Q2 – Results – Earnings Call Presentation (NASDAQ _ RICK) _ Seeking Alpha

Regis Corp. (RGS)

Regis Corporation (RGS) Q3 2025 Earnings Call Transcript _ Seeking Alpha

GEN Restaurants (GENK)

GEN Restaurant Group, Inc. (GENK) Q1 2025 Earnings Call Transcript _ Seeking Alpha

Arcos Dorados (ARCO)

Arcos Dorados Holdings Inc. (ARCO) Q1 2025 Earnings Call Transcript _ Seeking Alpha