THE WEEK THAT WAS, ENDING November 21st – lots of analysts covering 2 out of 3 reporting companies – One Upgrade – easy access here for conference call transcripts – click through yellow box on Home Page for over 60 write-ups, updated soon through 9/30

Restaurant Finance Monitor

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 We do not publish ratings.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

Valvoline Inc. 2025 Q4 – Results – Earnings Call Presentation (NYSE _ VVV) 2025-11-19 _ Seeking Alpha

Luckin Coffee (LKNCY)

Luckin Coffee Inc. (LKNCY) Q3 2025 Earnings Call Transcript _ Seeking Alpha

Luckin Coffee Inc. 2025 Q3 – Results – Earnings Call Presentation (OTCMKTS _ LKNCY) 2025-11-17 _ Seeking Alpha

THE WEEK TO COME – SHORT WEEK WITH THANKSGIVING – NO COMPANIES TO REPORT