secwatch.observer — SEC 8-K summary
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Issuer:     RAVE RESTAURANT GROUP, INC. (RAVE)
CIK:        0000718332
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001140361-23-051014
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/718332/000114036123051014/0001140361-23-051014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/718332/000114036123051014/ef20013776_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-051014

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