Highest-materiality recent filing
Rave Restaurant Q3 net income up 10.8% to $0.8M; revenue +8.7% to $3.2M
Net income $0.8M (+10.8% YoY); diluted EPS $0.06 vs $0.05 in Q3 fiscal 2025.
Rave reports Q1 net income up 22.6% to $0.6M; Pizza Inn domestic comps +8.1%
Net income of $0.6M ($0.05 diluted EPS) vs $0.5M ($0.04) in prior year.
Rave Restaurant Group Q1 net income up 36.3% to $0.5M; EPS $0.04, flat revenue $3.1M
Net income $0.5M, up 36.3% YoY; diluted EPS $0.04 up 33%.
Rave Restaurant Q4 net income $0.9M, EPS $0.06; FY net income $2.5M
Q4 net income $0.9M vs $0.6M YoY; diluted EPS $0.06 vs $0.04.
Rave Restaurant Q3 net income rises to $0.7M; comp sales slip at both brands
Net income $0.7M ($0.04 diluted EPS) vs $0.3M ($0.02) YoY; revenue flat at $3.0M.
Rave appoints Jay Rooney as CFO; adds 5 other executives to accelerate growth
Jay Rooney named CFO; base salary $225,000, discretionary bonus target 30%.
Rave Restaurant Group Q2 net income $0.6M, Pizza Inn comps +7.0% YoY
Net income of $0.6M vs $0.3M a year ago; diluted EPS $0.04, up from $0.02.
Rave Restaurant CFO Fendley resigns, effective Dec 1, 2023
CFO Clinton D. Fendley provided notice of resignation on Nov 20, 2023.
Rave Restaurant Q4 revenue $3.0M, EPS $0.04; FY23 comp sales +10.3%
Q4 total revenue $3.0M (+$0.2M YoY); net income $0.6M vs $6.8M prior year, which included $5.7M deferred tax asset.
RAVE Q3: Revenue $3.0M, Pizza Inn comps +15.6%, Pie Five +8.1%; net income $0.3M
Total revenue increased $0.4M to $3.0M; Pizza Inn domestic comparable store sales +15.6% YoY, Pie Five +8.1%.
Rave Restaurant Q2 net income $0.3M, revenue $2.9M, repurchased $3.6M stock
Net income of $0.3M ($0.02 diluted EPS) vs $0.5M a year ago; revenue $2.9M (+6.3% YoY).
Q4 net income of $6.8M ($0.38 diluted EPS) vs. $0.9M ($0.05) a year ago; full-year net income $8.0M ($0.45).
Rave Restaurant Group receives Nasdaq notice for minimum bid price non-compliance
Nasdaq notified Rave on June 21, 2022, that its stock failed to maintain minimum $1.00 bid price for 30 consecutive business days.
RAVE Q3 net income $0.5M, EPS $0.03; same-store sales +22.8% at Pizza Inn
Net income of $0.5 million vs $0.4 million a year ago; diluted EPS $0.03 vs $0.02.
RAVE Restaurant Group extinguishes $1.6M convertible notes due 2022 in cash
Paid $1.6 million in cash at maturity on February 15, 2022 for 4% Convertible Senior Notes due 2022.
Rave Restaurant Q2 net income $457K, up 348% YoY; revenue $2.7M, +26.7%
Net income of $457K vs $102K a year ago; diluted EPS $0.02 vs $0.01.
Rave Restaurant Q1 net income rises to $285K; comp sales +18-25%
Net income of $285K ($0.02 diluted EPS) vs $76K ($0.00) a year ago; sixth consecutive profitable quarter.
RAVE Q4 net income $926K, revenue up to $2.4M, Pizza Inn comps +63%
Net income $926K vs $31K prior year; EPS $0.05 diluted; revenue $2.4M (+$0.8M YoY).
On March 25, 2024, Rave Restaurant Group, Inc. (the “ Company ”) engaged Mr. Jay Rooney as the Company’s Chief Financial Officer to serve as its “principal financial officer” and “principal accounting officer,”
On November 20, 2023, Rave Restaurant Group, Inc.’s Chief Financial Officer, Mr. Clinton D. Fendley, provided notice of his resignation, effective as of December 1, 2023.
On October 16, 2023, Rave Restaurant Group, Inc.’s Chief Operating Officer, Mr. Michael F. Burns Jr., provided notice of his resignation, effective as of October 27, 2023.
Max materiality 0.80 · Median 0.57 · Most common event earnings