secwatch / observer
8-K filed February 1, 2024, 6:59 PM ET ticker RAVE CIK 0000718332
earnings confidence high sentiment positive materiality 0.60

Rave Restaurant Group Q2 net income $0.6M, Pizza Inn comps +7.0% YoY

RAVE RESTAURANT GROUP, INC.

2024-Q2 EPS reported $0.07 revenue$5,881,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

RAVE RESTAURANT GROUP, INC. reported second quarter of fiscal 2024 ended December 24, 2023 results: revenue Total revenue decreased slightly by $0.1 million to $2.8 million, net income The Company recorded net income of $0.6 million, EPS On a fully diluted basis, net income increased by $0.02 to $0.04 per share.

Period
second quarter of fiscal 2024 ended December 24, 2023
Revenue
Total revenue decreased slightly by $0.1 million to $2.8 million
Net income
The Company recorded net income of $0.6 million
EPS
On a fully diluted basis, net income increased by $0.02 to $0.04 per share
Result
reported results
Exact text from the filing
RAVE Restaurant Group, Inc. (NASDAQ: RAVE) today reported financial results for the second quarter of fiscal 2024 ended December 24, 2023. Second Quarter Highlights: • The Company recorded net income of $0.6 million for the second quarter of fiscal 2024 compared to net income of $0.3 million for the same period of the prior year. • Income before taxes increased 10.7% to $0.5 million for the second quarter of fiscal 2024 compared to the same period of the prior year. • Total revenue decreased slightly by $0.1 million to $2.8 million for the second quarter of fiscal 2024 compared to the same period of the prior year. • Adjusted EBITDA remained stable at $0.6 million for the second quarter of fiscal 2024 compared to the same period of the prior year. • Pizza Inn domestic comparable store retail sales increased 7.0% in the second quarter of fiscal 2024 compared to the same period of the prior year. • Pie Five domestic comparable store retail sales increased 0.8% in the second quarter of fi
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RAVE RESTAURANT GROUP, INC. filing history →

Source: SEC EDGAR
accession 0001140361-24-005024
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