---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-005024"
form_type: "8-K"
ticker: "RAVE"
cik: "0000718332"
company_name: "RAVE RESTAURANT GROUP, INC."
filed_at: "2024-02-01T23:59:59+00:00"
generated_at: "2026-06-06T12:09:50.716751+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Net income of $0.6M vs $0.3M a year ago; diluted EPS $0.04, up from $0.02.
- Total revenue slightly down to $2.8M; Adjusted EBITDA stable at $0.6M.
- Pizza Inn domestic comparable sales +7.0%; Pie Five +0.8%.
- Cash $5.3M; domestic unit counts: Pizza Inn 112, Pie Five 24; international Pizza Inn 18.
- Announced 10 Pizza Inn reimaging projects; added three new Pie Five franchisees in Texas.

## SEC filing metadata
- accession: 0001140361-24-005024
- form_type: 8-K
- ticker: RAVE
- cik: 0000718332
- company_name: RAVE RESTAURANT GROUP, INC.
- filed_at: 2024-02-01T23:59:59+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/718332/000114036124005024/0001140361-24-005024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/718332/000114036124005024/ef20020238_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-005024
- JSON: https://secwatch.observer/filing/0001140361-24-005024.json
- Plain text: https://secwatch.observer/filing/0001140361-24-005024.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/718332/000114036124005024/0001140361-24-005024-index.htm

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