
REPORTED IN PRIOR WEEKS – no ratings chanages, One Initiation – Citigroup initiates Dutch Bros with a BUY
Otherwise:
Maintained with Neutral recommendations, 1 firm, were Planet Fitness and TX Roadhouse.
Maintained with Buy recommendations by 1 firm was Valvoline.

REPORTED IN THE WEEK THAT WAS – Brinker International and Starbucks
Starbucks was maintained with Neutral ratings by 2 firms, Positively at 7 firms.
Brinker Int’l was maintained with Neutral ratings by 2 firms, Positively at 5 firms.

Conference call transcripts are below for all companies reporting in prior weeks with ratings change (none), Reporting in THE WEEK THAT WAS: (Brinker and Starbucks), and Initiated Coverage (Dutch Bros).
Brinker International (EAT)
Starbucks (SBUX)
Dutch Bros (BROS)

