
REPORTED IN PRIOR WEEKS – One Upgrade, TD Cowen upgrades Yum Brands from Hold to Buy
Otherwise:
Cracker Barrel maintained at Sell by 1 firm.
Maintained with Neutral ratings by 1 firm were Xponential Fitness and McDonald’s.
Planet Fitness maintained at Buy by 1 firm.

Reporting companies in past week: Jack in the Box, Valvoline, Luckin Coffee.
Jack in the Box maintained at Sell by 1 firm, Neutral by 7 firms, Outperform at 2 firms.
Valvoline maintained with Neutral ratings at 3 firms, Positive ratings at 6 firms.
Luckin Coffee not covered by any US firm except ours. We do not publish ratings.

Conference call transcripts are below for all companies reporting in prior weeks with ratings change (Yum Brands), Reporting in THE WEEK THAT WAS: (Jack in the Box, Valvoline, Luckin Coffee), and Initiated Coverage (none).
Yum Brands
Yum! Brands, Inc. (YUM) Q3 2025 Earnings Call Transcript _ Seeking Alpha
Jack in the Box (JACK)
Jack in the Box Inc. (JACK) Q4 2025 Earnings Call Transcript _ Seeking Alpha
Valvoline (VVV)
Valvoline Inc. (VVV) Q4 2025 Earnings Call Transcript _ Seeking Alpha
Luckin Coffee (LKNCY)
Luckin Coffee Inc. (LKNCY) Q3 2025 Earnings Call Transcript _ Seeking Alpha
THE WEEK TO COME – SHORT WEEK WITH THANKSGIVING – NO COMPANIES TO REPORT
