---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-051014"
form_type: "8-K"
ticker: "RAVE"
cik: "0000718332"
company_name: "RAVE RESTAURANT GROUP, INC."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T01:18:35.245404+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# RAVE Q1 revenue $3.1M, net income $0.4M, Pizza Inn comps +6.8%, EPS $0.03

## Summary
- Revenue $3.1M (+$0.1M YoY); net income $0.4M (+$0.1M); diluted EPS $0.03 vs $0.02.
- Pizza Inn domestic comp store sales +6.8%; Pie Five comps +1.2%.
- Adjusted EBITDA $0.6M, up from $0.5M; cash $5.9M at quarter end.
- Unit counts: Pizza Inn 111 domestic, 22 international; Pie Five 26.
- EVP/COO Mike Burns resigned to become CEO elsewhere; role not replaced.

## SEC filing metadata
- accession: 0001140361-23-051014
- form_type: 8-K
- ticker: RAVE
- cik: 0000718332
- company_name: RAVE RESTAURANT GROUP, INC.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/718332/000114036123051014/0001140361-23-051014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/718332/000114036123051014/ef20013776_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-051014
- JSON: https://secwatch.observer/filing/0001140361-23-051014.json
- Plain text: https://secwatch.observer/filing/0001140361-23-051014.txt

## Key facts
- Earnings Releases
  RAVE RESTAURANT GROUP, INC. reported first quarter of fiscal 2024 ended September 24, 2023 results: revenue $3.1 million, net income $0.4 million, EPS $0.03 per share.
  - Period: first quarter of fiscal 2024 ended September 24, 2023
  - Revenue: $3.1 million
  - Net income: $0.4 million
  - EPS: $0.03 per share
  - Result: reported results
  source text: RAVE) today reported financial results for the first quarter of fiscal 2024 ended September 24, 2023. First Quarter Highlights: • Total revenue increased by $0.1 million to $3.1 million for the first quarter of fiscal 2024 compared to the same period of the prior year. • Adjusted EBITDA increased by $0.1 million to $0.6 million for the first quarter of fiscal
  evidence_url: https://www.sec.gov/Archives/edgar/data/718332/000114036123051014/0001140361-23-051014-index.htm

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