earnings
confidence high
sentiment positive
materiality 0.60
Rave Restaurant Q2 net income $457K, up 348% YoY; revenue $2.7M, +26.7%
RAVE RESTAURANT GROUP, INC.
2022-Q2 EPS reported
$0.04
revenue$5,249,000
- Net income of $457K vs $102K a year ago; diluted EPS $0.02 vs $0.01.
- Total revenue increased $0.6M to $2.7M; Pizza Inn domestic comps +31%, Pie Five +15%.
- Cash and equivalents $8.2M; plans to redeem $1.6M convertible notes in Q3.
- Pizza Inn domestic unit count 128, international 33; Pie Five domestic 34.