U.S. Restaurants: Discontinuing Coverage

Research evidence excerpt

U.S. Restaurants: Discontinuing Coverage

Equity Research

2 July 2026

U.S. Restaurants

Discontinuing Coverage

Discontinuing CoverageWe are discontinuing coverage of U.S. Restaurants as a result

of the coverage analyst's departure from the firm.

As a result of the coverage analyst's departure from the Firm, we are discontinuing coverage of Barclays Equity Research

the following stocks. All previous ratings and forecasts should not be relied upon. GlobalEquityResearch@barclays.com

• Darden Restaurants. Our final rating prior to departure was Overweight.

• Brinker International. Our final rating prior to departure was Equal Weight.

• McDonald's Corp. Our final rating prior to departure was Overweight.

• Starbucks Corp. Our final rating prior to departure was Overweight.

• The Wendy's Company. Our final rating prior to departure was Equal Weight.

• Yum! Brands Inc. Our final rating prior to departure was Rating Suspended.

• Performance Food Group Co. Our final rating prior to departure was Overweight.

• SYSCO Corp. Our final rating prior to departure was Overweight.

• The Cheesecake Factory. Our final rating prior to departure was Underweight.

• Domino's Pizza. Our final rating prior to departure was Underweight.

• Chipotle Mexican Grill, Inc. Our final rating prior to departure was Equal Weight.

• Jack in the Box Inc. Our final rating prior to departure was Equal Weight.

• Texas Roadhouse, Inc. Our final rating prior to departure was Equal Weight.

• BJ's Restaurants Inc. Our final rating prior to departure was Underweight.

• Bloomin' Brands, Inc. Our final rating prior to departure was Equal Weight.

• Shake Shack Inc. Our final rating prior to departure was Overweight.

• Restaurant Brands International. Our final rating prior to departure was Overweight.

• Wingstop Inc.