THE WEEK THAT WAS, ENDING February 20th – 5 interesting earnings reports, 1 rating downgrade – SIXTEEN COMPANIES TO REPORT THIS WEEK – easy access here for conference call transcripts – click through yellow box on Home Page for over 60 write-ups, your “one stop shop”

Restaurant Finance Monitor

REPORTED IN PRIOR WEEKS – No rating changes

However:

Wendy’s maintained at sell at Goldman Sachs, Neutral at 6 firms, Buy at 1 firm.

CAVA Group maintained Neutral at 1 firm, Outperform at 1 firm.

Cracker Barrel maintained SELL at Citigroup

Papa John’s and BJ’s Restaurants maintained Neutral at 2 firms.

REPORTED IN THE WEEK THAT WAS: Texas Roadhouse, The Cheesecake Factory, Wingstop, Jack in the Box, Winmark Corporation. Only 1 rating change, The Cheesecake Factory downgraded from Overweight to Equal-weight by Stephens & Co.

Otherwise:

Texas Roadhouse maintained Neutral at 1 firm, Equal Weight at 2 firms, Buy at 1 firm.

The Cheesecake Factory maintained Equal-Weight at 1 firm, Buy at 1 firm.

Wingstop maintained Hold at 1 firm, Positive ratings at 6 firms.

Jack in the Box maintained Neutral at 2 firms.

Conference call transcripts are below for all companies reporting in prior weeks with ratings change (none), Reporting in THE WEEK THAT WAS: ( Texas Roadhouse, Wingstop, Jack in the Box, The Cheesecake Factory. Winmark Corporation does not do conference calls, and Initiated Coverage (none).

Texas Roadhouse (TXRH)

Texas Roadhouse, Inc. (TXRH) Q4 2025 Earnings Call Transcript _ Seeking Alpha

Wingstop (WING)

Wingstop Inc. (WING) Q4 2025 Earnings Call Transcript _ Seeking Alpha

Jack in the Box (JACK)

Jack in the Box Inc. (JACK) Q1 2026 Earnings Call Transcript _ Seeking Alpha

The Cheesecake Factory (CAKE)

The Cheesecake Factory Incorporated (CAKE) Q4 2025 Earnings Call Transcript _ Seeking Alpha