---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-21-036506"
form_type: "8-K"
ticker: "RAVE"
cik: "0000718332"
company_name: "RAVE RESTAURANT GROUP, INC."
filed_at: "2021-11-04T23:59:59+00:00"
generated_at: "2026-06-28T13:26:33.088383+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Rave Restaurant Q1 net income rises to $285K; comp sales +18-25%

## Summary
- Net income of $285K ($0.02 diluted EPS) vs $76K ($0.00) a year ago; sixth consecutive profitable quarter.
- Revenue increased $0.7M to $2.6M; Pizza Inn domestic comps +25%, Pie Five comps +18%.
- Adjusted EBITDA of $0.4M; cash and equivalents $7.9M, down $0.5M sequentially.
- Pizza Inn domestic units 133, international 32; Pie Five domestic units 33.

## SEC filing metadata
- accession: 0001140361-21-036506
- form_type: 8-K
- ticker: RAVE
- cik: 0000718332
- company_name: RAVE RESTAURANT GROUP, INC.
- filed_at: 2021-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/718332/000114036121036506/0001140361-21-036506-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/718332/000114036121036506/brhc10030389_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-21-036506
- JSON: https://secwatch.observer/filing/0001140361-21-036506.json
- Plain text: https://secwatch.observer/filing/0001140361-21-036506.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.