Rave Restaurant (RAVE) Stock News

RAVE Restaurant Group (NASDAQ: RAVE) reported Q2 fiscal 2026 results for the quarter ended December 28, 2025, with net income of $0.6M and income before taxes of $0.8M (up 12.1% year-over-year).

Total revenue was $3.0M (up 6.0% YoY). Adjusted EBITDA was $0.9M. Cash and short-term investments totaled $10.9M. Pizza Inn domestic comparable store retail sales rose 2.5%; Pie Five domestic comps fell 1.5%. Pizza Inn opened three buffet locations during the quarter, bringing domestic units to 97 and international units to 19.

RAVE Restaurant Group (NASDAQ: RAVE) reported first quarter fiscal 2026 results for the period ended September 28, 2025, with net income $0.6M (up 22.6% YoY) and income before taxes $0.9M (up 22.4% YoY). Total revenue was $3.2M (up 5.3% YoY) and Adjusted EBITDA $0.83M (up 15.3% YoY).

Operational highlights: Pizza Inn domestic comparable store retail sales +8.1%, Pie Five domestic comps -9.1%. Cash and short-term investments totaled $10.6M on September 28, 2025. Pizza Inn units: 96 domestic, 20 international; Pie Five domestic units: 17. Company reported its 22nd consecutive profitable quarter.

RAVE Restaurant Group (NASDAQ: RAVE) reported its Q4 and fiscal year 2025 results, marking its 21st consecutive quarter of profitability. The company achieved net income of $2.7 million for fiscal 2025, up from $2.5 million in 2024, with total revenue of $12.0 million.

Pizza Inn showed strong performance with domestic comparable store sales increasing 6.3% in Q4, while Pie Five experienced a 7.2% decrease. The company's successful 'I ate at Pizza Inn' $8 value promotion drove a 30.6% sales lift and 34.7% traffic increase in participating locations. Pizza Inn's development pipeline includes 31 stores under contract, with 12 planned for fiscal 2026.

The company maintains a strong financial position with $9.9 million in cash and short-term investments as of June 29, 2025, representing a $2.1 million increase during fiscal 2025.

RAVE Restaurant Group (NASDAQ: RAVE) reported its Q3 FY2025 financial results, marking its 20th consecutive quarter of profitability. Key highlights include: net income of $0.7 million (up 10.4% YoY), total revenue of $3.0 million (flat YoY), and Adjusted EBITDA of $1.0 million (up 13.2% YoY). Pizza Inn saw domestic comparable store sales increase by 2.5%, while Pie Five experienced a 5.6% decrease. The company's cash position includes $0.7M in cash and $8.0M in short-term investments. Notable operational initiatives include the successful "I$8" promotion at Pizza Inn, showing 20%+ sales increases in test stores, and improved make-line efficiency at Pie Five, reducing wait times from 20 to 9 minutes. RAVE repurchased 500,000 shares for $1.2M during the quarter.

RAVE Restaurant Group reported strong financial results for Q2 FY2025. Net income reached $0.6 million, up 9.8% year-over-year, while total revenue increased 4% to $2.8 million. The company's Adjusted EBITDA saw a significant 51% increase to $0.8 million.

Pizza Inn's domestic comparable store sales grew 0.8%, while Pie Five experienced an 11.4% decrease. The company maintains a strong financial position with $2.9 million in cash and $6.0 million in short-term investments. Pizza Inn's expansion continues with 30 buffet restaurants under development agreements and successful introduction of new menu items including stuffed crust chocolate chip Pizzert and planned baked pasta varieties.

The company marked its 19th consecutive quarter of profitability, with Pizza Inn operating 102 domestic and 27 international units, while Pie Five maintains 20 domestic locations.

RAVE Restaurant Group, Inc. (NASDAQ:RAVE) reported strong financial results for Q4 and fiscal year 2024. Key highlights include:

- Q4 net income of $0.9 million, up from $0.6 million in Q4 2023
- FY2024 net income of $2.5 million, up from $1.6 million in FY2023
- Q4 total revenue increased by $0.3 million to $3.4 million
- FY2024 total revenue increased by $0.3 million to $12.2 million
- Adjusted EBITDA for FY2024 increased by $0.5 million to $3.2 million
- Diluted EPS for FY2024 increased to $0.17 from $0.10 in FY2023

The company achieved its 17th consecutive quarter of profitability. Pizza Inn saw domestic comparable store sales increase 2.3% for FY2024, while Pie Five experienced a 3.7% decrease. RAVE ended the fiscal year with a strong balance sheet, including $7.8 million in cash and short-term investments and no debt.

Pizza Inn has announced a new multi-store Master Franchise Agreement with Al Ruwad Hospitality Services & Restaurants Management Group in Egypt. This partnership will bring seven new Pizza Inn locations to Egypt, with the first store set to open in Cairo during Q4 2024. The expansion marks a significant milestone in Pizza Inn's international growth strategy.

The agreement outlines plans to open two additional locations each year for the next three years across various Egyptian cities. These restaurants will offer Pizza Inn's signature menu, including pizzas, pasta dishes, wings, and Pizzerts®. This collaboration aims to establish Pizza Inn as a household name in Egypt, leveraging the brand's 65-year legacy as America's Hometown Pizza Buffet.

Rave Restaurant Group, Inc. reported strong financial results for the third quarter of fiscal 2024, with net income increasing to $0.7 million and total revenue remaining stable at $3.0 million. Adjusted EBITDA also saw an increase to $0.8 million. However, Pizza Inn and Pie Five experienced a decrease in comparable store sales. Cash and cash equivalents stood at $6.3 million, with Pizza Inn and Pie Five domestic unit counts finishing at 104 and 23, respectively. The company's CEO highlighted the restructuring of the executive team and the positive performance in same-store sales over the past few years. The CFO expressed optimism about expense management and growth strategies.

Summary not available.