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THE WEEK THAT WAS, ENDING 2/3 – ONE DOWNGRADE – THREE PROMINENT COMPANIES REPORT – with relevant transcripts

DC Advisory

Regarding companies previously reporting: 

Re: Yum China: Jefferies downgrades to HOLD.

Re: Chipotle: Oppenheimer maintains OUTPERFORM.

Re: Exponential Fitness: Morgan Stanley maintains OVERWEIGHT.

Re: Planet Fitness: Morgan Stanley maintains OVERWEIGHT.

For Companies Reporting During Week:

Re: McDonald’s: Stifel and Citgroup maintain neutral stance, six other firms are positive.

Re: Brinker: Three firms neutral, three positive.

Re Starbucks: Three firms neutral, three positive.

Note: Good TImes Restaurants (GTIM) and Regis Corp. RGS) reported, but there is very little analyst coverage. We will post, within a week,  our updated “Company Detailed Analysis”, which subscribers can access through the yellow box on our Home Page.

Conference call transcripts are below for all companies reporting in prior weeks with ratings changes  (Yum China), or initiations (None) and companies reporting in THE WEEK THAT WAS (McDonal’s, Brinker, Starbucks)

Yum China

https://seekingalpha.com/article/4551876-yum-china-holdings-inc-yumc-q3-2022-earnings-call-transcript

McDonald’s

https://seekingalpha.com/article/4573885-mcdonalds-corporation-mcd-q4-2022-earnings-call-transcript

Brinker

https://seekingalpha.com/article/4574383-brinker-international-inc-eat-q2-2023-earnings-call-transcript

Starbucks

https://seekingalpha.com/article/4574938-starbucks-corporation-sbux-q1-2023-earnings-call-transcript

 

THE WEEK TO COME – earnings reports – earnings season gears up