secwatch.observer — SEC 8-K summary
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Issuer:     RAVE RESTAURANT GROUP, INC. (RAVE)
CIK:        0000718332
Form:       8-K
Filed at:   2023-09-21T23:59:59+00:00
Accession:  0001140361-23-044692
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/718332/000114036123044692/0001140361-23-044692-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/718332/000114036123044692/ef20010964_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-044692

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