By popular demand, we are instituting a STOCK OF THE MONTH recommendation, which could be a BUY or a SHORT SALE. In fairness, this will only be available to subscribers.
IF YOU ARE A SUBSCRIBER (complimentary or otherwise), you must log in to view this article. You can do that most easily from our Home Page. You can reset your password if you have forgotten it. Contact us at email@example.com if you need help.
IF YOU ARE NOT A SUBSCRIBER, take it under consideration:)
We intensively cover over 60 restaurant and franchising companies, updating each quarter our “standard” writeups. If you haven’t done so, click through on the YELLOW BOX on our HOME PAGE to check out this feature.
There are obviously no guarantees in terms of the success of our recommendations, and we do not intend to provide updates. Most likely we will have already purchased (or sold short) these recommendations, and may change the position at any time without notifying readers.
If you are logged in: CLICK just below FOR THE STOCK OF THE MONTH – SEPT. ’23
Thanks for your ongoing support.
COMPANIES PREVIOUSLY REPORTING: ONE UPGRADE
McDonald’s gets upgraded to Overweight
Cracker Barrel is maintained: Once at Hold, Once at Buy
Dine Brands is initiated at a Buy
Darden, Chipotle Chuy’s, Wendy’s, Mister Car Wash, all maintained Positively
COMPANY REPORTING DURING WEEK: ONLY DAVE & BUSTER’S (PLAY)
One Firm downgrades Dave & Buster’s (but still says Outperform)
One Firm is Neutral, Two Other Firms are Positive
Conference call transcripts are below for all companies reporting in prior weeks with ratings changes (McDonald’s) or initiations (Dine Brands), or companies reporting in THE WEEK THAT WAS (Dave & Buster’s)
Dine Brands (DIN)
Dave & Buster’s (PLAY)
THE WEEK TO COME: Only Cracker Barrel reports – Before Market Opens 9/13
EL POLLO LOCO (LOCO)
POTBELLY CORPORATION (PBPB)
BRINKER INTERNATONAL (EAT)
ARCOS DORADOS (ARCO)
FIESTA RESTAURANT GROUP (FRGI)
BRC CORP (BLACK RIFLE COFFEE) (BRCC)
RED ROBIN GOURMET (RRGB)
CRACKER BARREL (CBRL)
DAVE & BUSTER’S (PLAY)
COMPANIES PREVIOUSLY REPORTING: TWO UPGRADES
Mister Car Wash up graded to Overweight
Papa John’s Pizza upgraded to Outperform
Papa John’s, The One Group Hospitality,Wingstop and Planet Fitness all were maintained with Positive ratings
TX Roadhouse was maintained at Equal Weight
COMPANY REPORTING DURING WEEK: NONE
Conference call transcripts are below for all companies reporting in prior weeks with ratings changes (Mister Car Wash, Papa John’s) or initiations (None), or companies reporting in THE WEEK THAT WAS (None)
Mister Car Wash (MCW)
Papa John’s International (PZZA)
THE WEEK TO COME
ONLY DAVE & BUSTER’S REPORTD – ON WED., 9/6 – POST MARKET CLOSE