secwatch.observer — SEC 8-K summary
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Issuer:     RAVE RESTAURANT GROUP, INC. (RAVE)
CIK:        0000718332
Form:       8-K
Filed at:   2023-02-02T23:59:59+00:00
Accession:  0001140361-23-004020
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rave Restaurant Q2 net income $0.3M, revenue $2.9M, repurchased $3.6M stock
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- Net income of $0.3M ($0.02 diluted EPS) vs $0.5M a year ago; revenue $2.9M (+6.3% YoY).
- Pizza Inn domestic comp store sales +8.4%; Pie Five comps +6.3% in Q2 fiscal 2023.
- Repurchased $3.6M of common stock in Q2; cash decreased $4.3M YTD to $3.4M.
- Adjusted EBITDA stable at $0.6M; 11th consecutive profitable quarter.
- Pizza Inn units: 125 domestic, 33 international; Pie Five units: 31.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/718332/000114036123004020/0001140361-23-004020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/718332/000114036123004020/brhc10047323_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-004020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer