---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-044692"
form_type: "8-K"
ticker: "RAVE"
cik: "0000718332"
company_name: "RAVE RESTAURANT GROUP, INC."
filed_at: "2023-09-21T23:59:59+00:00"
generated_at: "2026-06-10T11:26:25.813234+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Rave Restaurant Q4 revenue $3.0M, EPS $0.04; FY23 comp sales +10.3%

## Summary
- Q4 total revenue $3.0M (+$0.2M YoY); net income $0.6M vs $6.8M prior year, which included $5.7M deferred tax asset.
- Full-year FY23 revenue $11.9M (+$1.2M YoY); diluted EPS $0.10 vs $0.45 prior year.
- Pizza Inn domestic comp sales +11.3% (FY), +9.0% (Q4); Pie Five comps +5.4% (FY), -0.6% (Q4).
- Adjusted EBITDA $2.7M for FY23 (down $0.1M); cash from operations $2.6M (up $1.2M).
- Repurchased $5.0M of common stock in FY23; cash and equivalents $5.3M, down $2.4M.

## SEC filing metadata
- accession: 0001140361-23-044692
- form_type: 8-K
- ticker: RAVE
- cik: 0000718332
- company_name: RAVE RESTAURANT GROUP, INC.
- filed_at: 2023-09-21T23:59:59+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/718332/000114036123044692/0001140361-23-044692-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/718332/000114036123044692/ef20010964_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-044692
- JSON: https://secwatch.observer/filing/0001140361-23-044692.json
- Plain text: https://secwatch.observer/filing/0001140361-23-044692.txt

## Key facts
- Earnings Releases
  RAVE RESTAURANT GROUP, INC. reported financial results for the fourth quarter and fiscal year ended June 25, 2023.
  - Period: the fourth quarter and fiscal year ended June 25, 2023
  - Result: reported results
  source text: On September 21, 2023, Rave Restaurant Group, Inc. issued a press release discussing financial results of its fourth quarter and fiscal year ended June 25, 2023, a copy of which is attached as Exhibit 99.1 hereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/718332/000114036123044692/0001140361-23-044692-index.htm

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