REPORTED IN PRIOR WEEKS – ONE UPGRADE – Starbucks Upgraded from Underperform to Hold by Jefferies —- Starbucks is Reinstated by TIgress Financial with a Buy.
Otherwise:
Chipotle maintained with Positive ratings by 2 firms.
Starbucks maintained at Neutral by 1 firm.
Brinker maintained at Buy by 2 firms.
Maintained with Neutral ratings by1 firm were BJ’s, Yum Brands, CAVA Group, Restaurant Brands, Jack in the Box.
Maintained with Positive ratings by 1 firm were Texas Roadhouse and Cheesecake Factory.
EPORTED IN THE WEEK THAT WAS: only Winmark Corporation (WINA) and TH International (Tim’s of China) (THCH) – both are followed by nobody by ourselves.
Conference call transcripts are below for all companies reporting in prior weeks with ratings change (Starbucks), Reporting in THE WEEK THAT WAS: (TH International, no conference call for Winmark) and Initiated Coverage (Starbucks, reinstated).
Starbucks (SBUX) – analyst day transcript & annual meeting update
Starbucks Corporation (SBUX) Analyst_Investor Day Transcript _ Seeking Alpha
TH International (THCH) – transcript and slide presentation
TH International Limited (THCH) Q4 2025 Earnings Call Transcript _ Seeking Alpha
THE WEEK TO COME – NOBODY SCHEDULED TO REPORT – earnings season starts next week.