THE WEEK THAT WAS, ENDING April 3rd, TWO REPORTING COMPANIES, FOUR UPGRADES, TWO DOWNGRADES – easy access here for conference call transcripts – click through yellow box on Home Page for over 60 write-ups, your “one stop shop”

REPORTED IN PRIOR WEEKS – ONE DOWNGRADE – Dine Brands lowered by Keybanc from Overweight to Sector Weight.

FOUR UPGRADES – Wingstop upgraded by both Raymond James (from Outperform to Strong Buy) and Piper Sandler ( from Neutral to Overweight) —-Shake Shack upgraded by B of A from Underperform to Neutral — Brinker International upgraded by Keybanc from Sector Weight to Overweight.

Otherwise:

CAVA maintained at Neutral by 1 firm, Buy at another firm.

Dine Brands maintained at Neutral by 1 firm.

Wingstop maintained Positively at 2 firms.

Jack in the Box maintained Neutral at 2 firms.

BJ’s Restaurants maintained Neutral by 1 firm.

Valvoline reiterated Outperform at 1 firm.

REPORTED IN THE WEEK THAT WAS: Dave & Buster’s (PLAY) and GEN Restaurants. (GENK) – GEN Restaurants downgraded by Benchmark from Buy to Hold —- no rating changes (yet) for Dave & Buster’s

Conference call transcripts are below for all companies reporting in prior weeks with ratings change (Dine Brands, Wingstop, Shake Shack, Brinker International), Reporting in THE WEEK THAT WAS: (Dave & Buster’s, GEN Restaurants) and Initiated Coverage (none).

Dine Brands Global (DIN)

Dine Brands Global, Inc. (DIN) Q4 2025 Earnings Call Transcript _ Seeking Alpha

Dine Brands Global, Inc. (DIN) Presents at UBS Global Consumer and Retail Conference Transcript _ Seeking Alpha

Wingstop (WING)

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

Shake Shack (SHAK)

Shake Shack Inc. (SHAK) Q4 2025 Earnings Call Transcript _ Seeking Alpha

Shake Shack Inc. (SHAK) Presents at UBS Global Consumer and Retail Conference Transcript _ Seeking Alpha

Brinker International (EAT)

Brinker International, Inc. (EAT) Q2 2026 Earnings Call Transcript _ Seeking Alpha

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Dave & Buster’s (PLAY)